CNO Financial Group (NYSE:CNO) General Counsel Matthew Zimpfer Sells 33,800 Shares

CNO Financial Group, Inc. (NYSE:CNOGet Free Report) General Counsel Matthew Zimpfer sold 33,800 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $43.05, for a total transaction of $1,455,090.00. Following the completion of the sale, the general counsel directly owned 307,937 shares of the company’s stock, valued at $13,256,687.85. This represents a 9.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

CNO Financial Group Price Performance

CNO Financial Group stock opened at $42.99 on Thursday. The company has a current ratio of 0.17, a quick ratio of 0.18 and a debt-to-equity ratio of 1.43. The company has a 50-day moving average price of $42.55 and a 200 day moving average price of $40.59. CNO Financial Group, Inc. has a 12-month low of $34.63 and a 12-month high of $44.85. The stock has a market cap of $4.10 billion, a P/E ratio of 19.28 and a beta of 0.84.

CNO Financial Group (NYSE:CNOGet Free Report) last posted its quarterly earnings results on Thursday, February 5th. The financial services provider reported $1.47 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.27. The business had revenue of $101.10 million during 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%. The business’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.18 EPS. Sell-side analysts anticipate that CNO Financial Group, Inc. will post 3.83 earnings per share for the current year.

CNO Financial Group Dividend Announcement

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

Hedge Funds Weigh In On CNO Financial Group

Institutional investors have recently bought and sold shares of the company. Mercer Global Advisors Inc. ADV lifted its position in shares of CNO Financial Group by 6.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 111,894 shares of the financial services provider’s stock worth $4,752,000 after purchasing an additional 6,473 shares in the last quarter. EP Wealth Advisors LLC purchased a new stake in CNO Financial Group during the 4th quarter worth approximately $562,000. Mackenzie Financial Corp lifted its holdings in CNO Financial Group by 6.0% during the 4th quarter. Mackenzie Financial Corp now owns 21,788 shares of the financial services provider’s stock worth $930,000 after buying an additional 1,228 shares in the last quarter. XTX Topco Ltd purchased a new position in CNO Financial Group in the 4th quarter valued at approximately $1,708,000. Finally, Tudor Investment Corp ET AL grew its stake in shares of CNO Financial Group by 6.6% in the fourth quarter. Tudor Investment Corp ET AL now owns 470,129 shares of the financial services provider’s stock worth $19,966,000 after acquiring an additional 28,924 shares in the last quarter. 95.43% of the stock is owned by institutional investors and hedge funds.

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

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Stock Report on CNO Financial Group

CNO Financial Group Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for CNO Financial Group (NYSE:CNO)

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