Rhumbline Advisers Sells 13,993 Shares of CNO Financial Group, Inc. $CNO

Rhumbline Advisers lessened its stake in CNO Financial Group, Inc. (NYSE:CNO) by 3.5% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 387,482 shares of the financial services provider’s stock after selling 13,993 shares during the period. Rhumbline Advisers’ holdings in CNO Financial Group were worth $15,325,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. American Century Companies Inc. grew its position in shares of CNO Financial Group by 6.2% in the 2nd quarter. American Century Companies Inc. now owns 3,121,527 shares of the financial services provider’s stock valued at $120,429,000 after purchasing an additional 183,493 shares during the period. Sequoia Financial Advisors LLC acquired a new stake in CNO Financial Group during the 3rd quarter worth approximately $1,077,000. AlphaQuest LLC bought a new position in CNO Financial Group during the third quarter worth about $3,057,000. Boston Partners boosted its stake in shares of CNO Financial Group by 141.1% in the second quarter. Boston Partners now owns 86,148 shares of the financial services provider’s stock valued at $3,324,000 after buying an additional 50,411 shares during the period. Finally, Cresset Asset Management LLC acquired a new stake in shares of CNO Financial Group during the 2nd quarter worth $1,511,000. 95.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CNO has been the topic of a number of recent analyst reports. Wall Street Zen cut CNO Financial Group from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. Evercore reiterated an “underperform” rating and issued a $43.00 price objective on shares of CNO Financial Group in a research note on Wednesday. Weiss Ratings restated a “buy (b)” rating on shares of CNO Financial Group in a report on Wednesday, January 21st. Jefferies Financial Group raised CNO Financial Group from a “hold” rating to a “buy” rating and increased their price target for the company from $42.00 to $47.00 in a research report on Monday, December 15th. Finally, Piper Sandler increased their target price on shares of CNO Financial Group from $46.00 to $50.00 and gave the company an “overweight” rating in a research report on Tuesday, December 23rd. Three research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, CNO Financial Group currently has an average rating of “Hold” and a consensus target price of $46.25.

Trending Headlines about CNO Financial Group

Here are the key news stories impacting CNO Financial Group this week:

• Positive Sentiment: A CNO consumer survey released by the company shows declining retirement confidence among middle‑income Americans — a trend that could increase demand for retirement and insurance products CNO offers if it drives customers to seek solutions. PR Newswire: Retirement Confidence Survey
• Neutral Sentiment: Options activity shows rising implied volatility on CNO, signaling heavier short‑term trading and heightened uncertainty — this can amplify price moves and option costs but does not by itself indicate direction. MSN: Implied Volatility Surging
• Neutral Sentiment: Analyst/opinion pieces are prompting investors to “reassess” CNO after a multi‑year run — such coverage can lead to portfolio rebalancing (buy or sell) but is informational rather than company‑specific news. Yahoo: Is It Time To Reassess CNO?
• Negative Sentiment: Significant insider selling: CEO Gary Bhojwani, the general counsel and at least one other officer sold large blocks of shares across Feb. 17–18 (combined transactions total several hundred thousand shares at ~\$43/share), reducing their holdings materially — investors often view concentrated executive sales as a negative signal for near‑term sentiment. SEC Form 4(s): Executive Sales

Insider Transactions at CNO Financial Group

In other news, insider Yvonne K. Franzese sold 9,000 shares of the stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $43.17, for a total value of $388,530.00. Following the transaction, the insider owned 35,062 shares in the company, valued at $1,513,626.54. This represents a 20.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CMO Rocco F. Tarasi III sold 9,283 shares of the business’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $42.60, for a total value of $395,455.80. Following the sale, the chief marketing officer directly owned 73,932 shares of the company’s stock, valued at $3,149,503.20. This represents a 11.16% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 226,431 shares of company stock valued at $9,715,996 over the last 90 days. 3.00% of the stock is owned by corporate insiders.

CNO Financial Group Price Performance

CNO stock opened at $42.99 on Thursday. The firm’s 50-day moving average price is $42.55 and its two-hundred day moving average price is $40.59. The stock has a market capitalization of $4.10 billion, a price-to-earnings ratio of 19.28 and a beta of 0.84. The company has a current ratio of 0.17, a quick ratio of 0.18 and a debt-to-equity ratio of 1.43. CNO Financial Group, Inc. has a 12-month low of $34.63 and a 12-month high of $44.85.

CNO Financial Group (NYSE:CNO) last announced its quarterly earnings results on Thursday, February 5th. The financial services provider reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.27. The company had revenue of $101.10 million for the quarter, compared to analysts’ expectations of $1 billion. CNO Financial Group had a net margin of 4.94% and a return on equity of 15.80%. CNO Financial Group’s quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.18 earnings per share. As a group, equities analysts predict that CNO Financial Group, Inc. will post 3.83 earnings per share for the current year.

CNO Financial Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th will be issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Tuesday, March 10th. CNO Financial Group’s dividend payout ratio (DPR) is presently 30.49%.

About CNO Financial Group

CNO Financial Group is an Indiana‐based holding company that offers a range of insurance and retirement solutions through its operating subsidiaries. Its primary business activities include life insurance, annuities, and supplemental health insurance products designed to help individuals plan for retirement and manage health‐related expenses. The company serves middle‐income Americans, with particular emphasis on senior customers seeking guaranteed coverage and reliable income streams.

Originally founded as Conseco in 1979, the company underwent a financial restructuring and rebranded as CNO Financial Group in 2010.