Paradice Investment Management buys $40,874,478 stake in CNO Financial Group Inc (CNO)

CNO Financial Group Inc (CNO) : Paradice Investment Management scooped up 245,081 additional shares in CNO Financial Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 9, 2016. The investment management firm now holds a total of 2,643,886 shares of CNO Financial Group Inc which is valued at $40,874,478.CNO Financial Group Inc makes up approximately 4.52% of Paradice Investment Management’s portfolio.

Other Hedge Funds, Including , World Asset Management Inc added CNO to its portfolio by purchasing 10,032 company shares during the most recent quarter which is valued at $152,988. CNO Financial Group Inc makes up approx 0.01% of World Asset Management Inc’s portfolio.Louisiana State Employees Retirement System reduced its stake in CNO by selling 2,200 shares or 4.42% in the most recent quarter. The Hedge Fund company now holds 47,600 shares of CNO which is valued at $835,856. CNO Financial Group Inc makes up approx 0.04% of Louisiana State Employees Retirement System’s portfolio.Checchi Capital Advisers boosted its stake in CNO in the latest quarter, The investment management firm added 474 additional shares and now holds a total of 1,835 shares of CNO Financial Group Inc which is valued at $33,727. CNO Financial Group Inc makes up approx 0.01% of Checchi Capital Advisers’s portfolio.

CNO Financial Group Inc closed down -0.02 points or -0.13% at $15.77 with 11,11,658 shares getting traded on Wednesday. Post opening the session at $15.77, the shares hit an intraday low of $15.68 and an intraday high of $15.87 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

On the company’s financial health, CNO Financial Group Inc reported $0.26 EPS for the quarter, missing the analyst consensus estimate by $ -0.06 based on the information available during the earnings call on Apr 27, 2016. Analyst had a consensus of $0.32. The company had revenue of $960.40 million for the quarter, compared to analysts expectations of $971.07 million. The company’s revenue was down -1.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.30 EPS.

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.

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