Towle Co buys $12,329,024 stake in Cna Financial Corp (CNA)

Cna Financial Corp (CNA) : Towle Co scooped up 3,860 additional shares in Cna Financial Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 3, 2016. The investment management firm now holds a total of 385,282 shares of Cna Financial Corp which is valued at $12,329,024.Cna Financial Corp makes up approximately 2.16% of Towle Co’s portfolio.

Other Hedge Funds, Including , Sg Americas Securities reduced its stake in CNA by selling 3,683 shares or 51.0% in the most recent quarter. The Hedge Fund company now holds 3,539 shares of CNA which is valued at $113,248.Cibc Asset Management Inc boosted its stake in CNA in the latest quarter, The investment management firm added 114 additional shares and now holds a total of 10,905 shares of Cna Financial Corp which is valued at $348,960.American Century Companies Inc boosted its stake in CNA in the latest quarter, The investment management firm added 883 additional shares and now holds a total of 27,247 shares of Cna Financial Corp which is valued at $871,087.Nisa Investment Advisors boosted its stake in CNA in the latest quarter, The investment management firm added 1,000 additional shares and now holds a total of 42,350 shares of Cna Financial Corp which is valued at $1,338,684. Cna Financial Corp makes up approx 0.02% of Nisa Investment Advisors’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in CNA by selling 975 shares or 9.92% in the most recent quarter. The Hedge Fund company now holds 8,851 shares of CNA which is valued at $278,364.

Cna Financial Corp opened for trading at $32.83 and hit $32.93 on the upside on Monday, eventually ending the session at $32.85, with a gain of 0.24% or 0.08 points. The heightened volatility saw the trading volume jump to 1,05,654 shares. Company has a market cap of $8,885 M.

On the company’s financial health, Cna Financial Corp reported $0.77 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Aug 1, 2016. Analyst had a consensus of $0.71.Analysts expectations of $ 2328.00.During the same quarter in the previous year, the company posted $0.69 EPS.

CNA Financial Corporation (CNAF) is an insurance holding company. Collectively CNAF and its subsidiaries are referred to as CNA or the Company. CNA’s core business commercial property and casualty insurance operations is reported in three business segments: Specialty Commercial and International. Its non-core businesses are managed in two business segments: Life & Group Non-Core and Corporate & Other Non-Core. The Company’s insurance products primarily include commercial property and casualty coverages including surety. Its services include risk management information services warranty and claims administration. The Company’s Life & Group Non-Core segment primarily includes the results of the Company’s individual and group long term care businesses that are in run-off. Long term care policies provide benefits for nursing home assisted living and home health care subject to various daily and lifetime caps.

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