CNO Financial Group, Inc. (NYSE:CNO) has been given a consensus rating of “Hold” by the eleven research firms that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $21.67.

CNO has been the subject of several research reports. Zacks Investment Research cut shares of CNO Financial Group from a “hold” rating to a “sell” rating in a research note on Tuesday, July 4th. ValuEngine raised shares of CNO Financial Group from a “hold” rating to a “buy” rating in a research note on Tuesday, June 27th. Morgan Stanley cut shares of CNO Financial Group from an “equal weight” rating to an “underweight” rating and set a $21.00 price target for the company. in a research note on Monday, August 14th. They noted that the move was a valuation call. BidaskClub raised shares of CNO Financial Group from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, August 2nd. Finally, Goldman Sachs Group, Inc. (The) initiated coverage on shares of CNO Financial Group in a research note on Wednesday, October 18th. They set a “neutral” rating and a $24.00 price target for the company.

Shares of CNO Financial Group (CNO) opened at 24.70 on Wednesday. The firm has a market capitalization of $4.17 billion, a PE ratio of 10.80 and a beta of 1.20. The firm has a 50-day moving average of $23.35 and a 200-day moving average of $21.86. CNO Financial Group has a 1-year low of $14.85 and a 1-year high of $25.03.

The firm also recently declared a quarterly dividend, which was paid on Monday, September 25th. Stockholders of record on Monday, September 11th were paid a dividend of $0.09 per share. The ex-dividend date of this dividend was Friday, September 8th. This represents a $0.36 annualized dividend and a dividend yield of 1.46%. CNO Financial Group’s dividend payout ratio is currently 15.72%.

Several large investors have recently added to or reduced their stakes in the stock. Teacher Retirement System of Texas grew its stake in shares of CNO Financial Group by 1.0% in the second quarter. Teacher Retirement System of Texas now owns 13,956 shares of the financial services provider’s stock valued at $291,000 after buying an additional 135 shares in the last quarter. Oakbrook Investments LLC grew its stake in shares of CNO Financial Group by 1.6% in the second quarter. Oakbrook Investments LLC now owns 12,700 shares of the financial services provider’s stock valued at $265,000 after buying an additional 200 shares in the last quarter. M&T Bank Corp grew its stake in shares of CNO Financial Group by 2.4% in the second quarter. M&T Bank Corp now owns 16,718 shares of the financial services provider’s stock valued at $349,000 after buying an additional 389 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of CNO Financial Group by 9.8% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,976 shares of the financial services provider’s stock valued at $146,000 after buying an additional 622 shares in the last quarter. Finally, Capstone Asset Management Co. grew its stake in shares of CNO Financial Group by 2.6% in the second quarter. Capstone Asset Management Co. now owns 25,198 shares of the financial services provider’s stock valued at $526,000 after buying an additional 640 shares in the last quarter. 94.83% of the stock is owned by institutional investors and hedge funds.

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CNO Financial Group Company Profile

CNO Financial Group, Inc is a holding company for a group of insurance companies operating throughout the United States that develops, markets and administers health insurance, annuity, individual life insurance and other insurance products. The Company’s segments include Bankers Life, Washington National and Colonial Penn.

Analyst Recommendations for CNO Financial Group (NYSE:CNO)

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