Fuller & Thaler Discloses 4.58M CNO Financial Shares
Ticker: CNO-PA · Form: SC 13G/A · Filed: Feb 12, 2024 · CIK: 1224608
| Field | Detail |
|---|---|
| Company | Cno Financial Group, Inc. (CNO-PA) |
| Form Type | SC 13G/A |
| Filed Date | Feb 12, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**Fuller & Thaler owns 4.58M CNO shares, signaling institutional confidence.**
AI Summary
Fuller & Thaler Asset Management, Inc. has filed an amended Schedule 13G/A for CNO Financial Group, Inc., indicating a significant ownership stake as of December 31, 2023. The filing shows Fuller & Thaler holds sole voting power over 4,583,429 shares of CNO Financial Group's common stock. This matters to investors because it highlights a substantial institutional investment, suggesting confidence in CNO Financial Group's prospects from a professional asset manager.
Why It Matters
This filing reveals a major institutional investor's stake, which can influence market perception and potentially provide a floor for the stock price due to their large holding.
Risk Assessment
Risk Level: low — This filing is an update on an existing passive investment, indicating no immediate change in company control or strategy.
Analyst Insight
Investors should note this institutional holding as a sign of continued interest from a professional asset manager, but it doesn't signal an immediate catalyst for price movement.
Key Numbers
- 4,583,429 — Shares with Sole Voting Power (Represents Fuller & Thaler Asset Management's significant stake in CNO Financial Group, Inc.)
- 0 — Shares with Shared Voting Power (Indicates Fuller & Thaler Asset Management exercises control independently over its reported shares.)
Key Players & Entities
- Fuller & Thaler Asset Management, Inc. (company) — the reporting person and institutional investor
- CNO Financial Group, Inc. (company) — the subject company whose securities are being reported
- 4,583,429 (dollar_amount) — the number of shares with sole voting power held by Fuller & Thaler
- December 31, 2023 (date) — the date of the event requiring this filing
Forward-Looking Statements
- Fuller & Thaler Asset Management will maintain a significant stake in CNO Financial Group. (Fuller & Thaler Asset Management, Inc.) — medium confidence, target: Q2 2024
FAQ
What is the purpose of this SC 13G/A filing?
This SC 13G/A filing is an amendment (Amendment No. 2) to a Schedule 13G, indicating an update to the beneficial ownership information of CNO Financial Group Inc. common stock by Fuller & Thaler Asset Management, Inc. as of December 31, 2023.
Who is the reporting person in this filing?
The reporting person is Fuller & Thaler Asset Management, Inc., with an IRS Identification No. of 94-3176968 and organized in California.
What is the total number of shares Fuller & Thaler Asset Management, Inc. has sole voting power over?
Fuller & Thaler Asset Management, Inc. has sole voting power over 4,583,429 shares of CNO Financial Group Inc. common stock, as stated on page 2 of 5 of the filing.
What is the CUSIP number for the securities reported in this filing?
The CUSIP number for the Common Stock of CNO Financial Group Inc. is 12621E103, as indicated on the cover page and page 2 of 5 of the filing.
What was the date of the event that required this filing?
The date of the event which required the filing of this statement was December 31, 2023, as specified on the cover page of the Schedule 13G/A.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 12, 2024 regarding CNO Financial Group, Inc. (CNO-PA).