CNO Financial Group (CNO) : During the past 4 weeks, traders have been relatively bearish on CNO Financial Group (CNO), hence the stock is down -15.74% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.38% relative to the S&P 500. The 4-week change in the price of the stock is -14.87% and the stock has fallen -0.32% in the past 1 week.
The stock has recorded a 20-day Moving Average of 8.85% and the 50-Day Moving Average is 13.31%. CNO Financial Group (NYSE:CNO): On Fridays trading session , Opening price of the stock was $15.33 with an intraday high of $15.46. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $15.22. However, the stock managed to close at $15.34, a loss of 0.78% for the day. On the previous day, the stock had closed at $15.46. The total traded volume of the day was 1,196,463 shares.
The company Insiders own 2.2% of CNO Financial Group shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -30.24% . During last six month period, the net percent change held by insiders has seen a change of -12.3%. Also, Equity analysts at the Brokerage firm Keefe Bruyette & Woods maintains its rating on CNO Financial Group (NYSE:CNO). The rating major has initiated the coverage with market perform rating on the shares. The Analysts at Keefe Bruyette & Woods lowers the price target from $20 per share to $19 per share. The rating by the firm was issued on August 2, 2016.
CNO Financial Group, Inc. is a holding company for a group of insurance companies operating throughout the United States that develop, market and administer health insurance, annuity, individual life insurance and other insurance products. The Company manages its business through three operating segments: Bankers Life, Washington National and Colonial Penn. Bankers Life markets and distributes Medicare supplement insurance, interest-sensitive life insurance, traditional life insurance, fixed annuities and long-term care insurance products. Washington National markets and distributes supplemental health, including specified disease, accident and hospital indemnity insurance products, and life insurance. Colonial Penn markets primarily graded benefit and simplified issue life insurance.