Fintel reports that on January 23, 2025, BMO Capital initiated coverage of CNO Financial Group (NYSE:CNO) with a Market Perform recommendation.
Analyst Price Forecast Suggests 8.08% Upside
As of December 23, 2024, the average one-year price target for CNO Financial Group is $42.23/share. The forecasts range from a low of $40.40 to a high of $46.20. The average price target represents an increase of 8.08% from its latest reported closing price of $39.07 / share.
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The projected annual revenue for CNO Financial Group is 3,823MM, a decrease of 15.47%. The projected annual non-GAAP EPS is 2.73.
What is the Fund Sentiment?
There are 699 funds or institutions reporting positions in CNO Financial Group. This is an increase of 18 owner(s) or 2.64% in the last quarter. Average portfolio weight of all funds dedicated to CNO is 0.23%, an increase of 8.54%. Total shares owned by institutions increased in the last three months by 1.87% to 128,890K shares. 
The put/call ratio of CNO is 0.48, indicating a bullish outlook.
What are Other Shareholders Doing?
Pzena Investment Management holds 4,578K shares representing 4.44% ownership of the company. In its prior filing, the firm reported owning 6,027K shares , representing a decrease of 31.65%. The firm decreased its portfolio allocation in CNO by 12.94% over the last quarter.
Franklin Resources holds 4,267K shares representing 4.13% ownership of the company. In its prior filing, the firm reported owning 4,862K shares , representing a decrease of 13.95%. The firm decreased its portfolio allocation in CNO by 82.07% over the last quarter.
Lsv Asset Management holds 4,190K shares representing 4.06% ownership of the company. In its prior filing, the firm reported owning 4,478K shares , representing a decrease of 6.87%. The firm increased its portfolio allocation in CNO by 15.91% over the last quarter.
Fuller & Thaler Asset Management holds 4,155K shares representing 4.03% ownership of the company. In its prior filing, the firm reported owning 4,234K shares , representing a decrease of 1.89%. The firm increased its portfolio allocation in CNO by 13.94% over the last quarter.
UBVLX - Undiscovered Managers Behavioral Value Fund Class L holds 3,564K shares representing 3.45% ownership of the company. No change in the last quarter.
CNO Financial Group Background Information
(This description is provided by the company.)
CNO Financial Group, Inc. secures the future of middle-income America. CNO provides life and health insurance, annuities, financial services, and workforce benefits solutions through its family of brands, including Bankers Life, Colonial Penn and Washington National. Its customers work hard to save for the future, and the company helps protect their health, income and retirement needs with 3.2 million policies and more than $35 billionin total assets. Its 3,400 associates, 5,000 exclusive agents and 4,000 independent partner agents guide individuals, families and businesses through a lifetime of financial decisions.
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