Mraz Amerine & Associates Inc. Has $471,000 Stock Holdings in CNA Financial Co. (NYSE:CNA)

Mraz Amerine & Associates Inc. decreased its holdings in shares of CNA Financial Co. (NYSE:CNA) by 16.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,741 shares of the insurance provider’s stock after selling 1,909 shares during the quarter. Mraz Amerine & Associates Inc.’s holdings in CNA Financial were worth $471,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Creative Planning raised its holdings in CNA Financial by 16.5% during the third quarter. Creative Planning now owns 16,067 shares of the insurance provider’s stock valued at $786,000 after buying an additional 2,272 shares in the last quarter. Blue Trust Inc. boosted its position in CNA Financial by 74.8% during the third quarter. Blue Trust Inc. now owns 3,635 shares of the insurance provider’s stock worth $167,000 after purchasing an additional 1,555 shares during the period. Allspring Global Investments Holdings LLC grew its holdings in CNA Financial by 2,130.8% during the third quarter. Allspring Global Investments Holdings LLC now owns 8,834 shares of the insurance provider’s stock valued at $432,000 after purchasing an additional 8,438 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in CNA Financial by 68.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 10,000 shares of the insurance provider’s stock valued at $489,000 after purchasing an additional 4,063 shares during the last quarter. Finally, Pallas Capital Advisors LLC acquired a new position in CNA Financial during the 3rd quarter worth $369,000. Institutional investors own 98.45% of the company’s stock.

CNA Financial Stock Performance

NYSE:CNA opened at $48.65 on Tuesday. CNA Financial Co. has a 12-month low of $42.33 and a 12-month high of $52.36. The firm has a market capitalization of $13.18 billion, a PE ratio of 10.14 and a beta of 0.66. The firm has a 50-day moving average price of $48.44 and a 200 day moving average price of $49.08. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.28.

CNA Financial (NYSE:CNA) last announced its quarterly earnings results on Monday, February 10th. The insurance provider reported $1.25 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.14. CNA Financial had a return on equity of 13.30% and a net margin of 9.26%. Research analysts anticipate that CNA Financial Co. will post 4.68 earnings per share for the current fiscal year.

CNA Financial Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Monday, February 24th will be given a $0.46 dividend. The ex-dividend date of this dividend is Monday, February 24th. This is a positive change from CNA Financial’s previous quarterly dividend of $0.44. This represents a $1.84 dividend on an annualized basis and a yield of 3.78%. CNA Financial’s payout ratio is 52.27%.

Wall Street Analysts Forecast Growth

CNA has been the subject of several research reports. StockNews.com cut shares of CNA Financial from a “buy” rating to a “hold” rating in a research note on Tuesday, February 11th. Keefe, Bruyette & Woods decreased their price objective on CNA Financial from $54.00 to $53.00 and set a “market perform” rating on the stock in a report on Wednesday, February 12th.

CNA Financial Profile

CNA Financial Corporation provides commercial property and casualty insurance products in the United States and internationally. It operates through Specialty, Commercial, International, Life & Group, and Corporate & Other segments. The company offers professional liability coverages and risk management services to various professional firms, including architects, real estate agents, and accounting and law firms; directors and officers, employment practices, fiduciary, and fidelity and cyber coverages to small and mid-size firms, public and privately held firms, and not-for-profit organizations; professional and general liability, as well as associated casualty coverages for healthcare industry; surety and fidelity bonds; and warranty and alternative risks products.