CNO Financial Group (NYSE:CNO) Director Roger Keith Long unloaded 50,000 shares of the stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $14.60, for a total transaction of $730,000.00. Following the completion of the transaction, the director now directly owns 123,465 shares in the company. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of analysts have recently weighed in on CNO shares. Analysts at Zacks reiterated an “outperform” rating on shares of CNO Financial Group (NYSE:CNO) in a research note to investors on Tuesday, July 30th. They now have a $17.00 price target on the stock. Separately, analysts at Evercore Partners raised their price target on shares of CNO Financial Group (NYSE:CNO) from $13.50 to $16.00 in a research note to investors on Monday, July 15th. Finally, analysts at FBR Capital Markets raised their price target on shares of CNO Financial Group (NYSE:CNO) from $13.00 to $16.00 in a research note to investors on Tuesday, July 9th. They now have an “outperform” rating on the stock.
Three investment analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and a consensus price target of $14.40.
CNO Financial Group (NYSE:CNO) traded down 0.41% on Wednesday, hitting $14.49. 1,722,914 shares of the company’s stock traded hands. CNO Financial Group has a 52-week low of $8.26 and a 52-week high of $14.97. The stock has a 50-day moving average of $14.41 and a 200-day moving average of $12.72. The company has a market cap of $3.221 billion and a P/E ratio of 19.17.
CNO Financial Group, Inc (NYSE:CNO) is a holding company for a group of insurance companies operating throughout the United States, which develops, markets and administers health insurance, annuity, individual life insurance and other insurance products.