CNO Financial Group, Inc. (CNO) Is At $26.09 Formed Wedge; Point72 Asset Management LP Lowered Kindred Healthcare (KND) Position

Point72 Asset Management Lp decreased Kindred Healthcare Inc (KND) stake by 93.78% reported in 2017Q3 SEC filing. Point72 Asset Management Lp sold 1.88M shares as Kindred Healthcare Inc (KND)’s stock rose 40.00%. The Point72 Asset Management Lp holds 124,600 shares with $847,000 value, down from 2.00M last quarter. Kindred Healthcare Inc now has $846.07M valuation. It closed at $9.25 lastly. It is down 11.89% since January 14, 2017 and is downtrending. It has underperformed by 28.59% the S&P500.

CNO Financial Group, Inc. (CNO) formed wedge up with $27.13 target or 4.00% above today’s $26.09 share price. CNO Financial Group, Inc. (CNO) has $4.38 billion valuation. The stock decreased 1.10% or $0.29 during the last trading session, reaching $26.09. About 715,278 shares traded. CNO Financial Group, Inc. (NYSE:CNO) has risen 4.81% since January 14, 2017 and is uptrending. It has underperformed by 11.89% the S&P500.

Among 10 analysts covering CNO Financial Group (NYSE:CNO), 3 have Buy rating, 1 Sell and 6 Hold. Therefore 30% are positive. CNO Financial Group has $26.0 highest and $19 lowest target. $21.93’s average target is -15.94% below currents $26.09 stock price. CNO Financial Group had 22 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by FBR Capital on Tuesday, December 13 with “Outperform”. The stock of CNO Financial Group, Inc. (NYSE:CNO) has “Market Perform” rating given on Tuesday, August 2 by Wood. Goldman Sachs downgraded CNO Financial Group, Inc. (NYSE:CNO) on Friday, September 30 to “Neutral” rating. The stock has “Hold” rating by Deutsche Bank on Monday, May 2. Wells Fargo maintained the stock with “Hold” rating in Wednesday, July 26 report. Wood initiated the shares of CNO in report on Wednesday, July 29 with “Outperform” rating. On Monday, June 5 the stock rating was maintained by Wells Fargo with “Hold”. The stock has “Hold” rating by Wells Fargo on Tuesday, June 20. The stock of CNO Financial Group, Inc. (NYSE:CNO) has “Buy” rating given on Tuesday, November 17 by Goldman Sachs. The company was initiated on Monday, January 25 by Deutsche Bank.

Analysts await CNO Financial Group, Inc. (NYSE:CNO) to report earnings on February, 6. They expect $0.41 earnings per share, up 17.14% or $0.06 from last year’s $0.35 per share. CNO’s profit will be $68.78M for 15.91 P/E if the $0.41 EPS becomes a reality. After $0.45 actual earnings per share reported by CNO Financial Group, Inc. for the previous quarter, Wall Street now forecasts -8.89% negative EPS growth.

Among 10 analysts covering Kindred Healthcare Inc. (NYSE:KND), 2 have Buy rating, 1 Sell and 7 Hold. Therefore 20% are positive. Kindred Healthcare Inc. had 33 analyst reports since September 2, 2015 according to SRatingsIntel. Deutsche Bank maintained Kindred Healthcare, Inc. (NYSE:KND) on Monday, August 7 with “Buy” rating. The company was maintained on Thursday, September 21 by Bank of America. On Monday, June 12 the stock rating was maintained by RBC Capital Markets with “Hold”. The rating was downgraded by Wells Fargo on Thursday, November 5 to “Market Perform”. RBC Capital Markets maintained it with “Sector Perform” rating and $7.50 target in Thursday, September 21 report. The firm has “Hold” rating by RBC Capital Markets given on Monday, August 14. The firm has “Outperform” rating given on Friday, November 6 by RBC Capital Markets. The firm has “Neutral” rating by JP Morgan given on Wednesday, September 16. The rating was initiated by Mizuho with “Neutral” on Thursday, October 1. The firm has “Neutral” rating given on Wednesday, July 6 by Mizuho.

Point72 Asset Management Lp increased Merck & Co Inc (NYSE:MRK) stake by 365,954 shares to 915,954 valued at $58.65M in 2017Q3. It also upped Finish Line Inc (NASDAQ:FINL) stake by 64,100 shares and now owns 110,600 shares. Zendesk Inc (NYSE:ZEN) was raised too.

Analysts await Kindred Healthcare, Inc. (NYSE:KND) to report earnings on February, 26. They expect $0.21 earnings per share, up 162.50% or $0.13 from last year’s $0.08 per share. KND’s profit will be $19.21 million for 11.01 P/E if the $0.21 EPS becomes a reality. After $-0.11 actual earnings per share reported by Kindred Healthcare, Inc. for the previous quarter, Wall Street now forecasts -290.91% EPS growth.