Cincinnati Financial Co. (NASDAQ:CINF) Stock Holdings Boosted by Quantinno Capital Management LP

Quantinno Capital Management LP raised its position in shares of Cincinnati Financial Co. (NASDAQ:CINF) by 185.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 23,448 shares of the insurance provider’s stock after purchasing an additional 15,241 shares during the quarter. Quantinno Capital Management LP’s holdings in Cincinnati Financial were worth $3,370,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CINF. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Cincinnati Financial during the 4th quarter valued at $27,000. Y.D. More Investments Ltd lifted its position in shares of Cincinnati Financial by 121.8% during the 4th quarter. Y.D. More Investments Ltd now owns 193 shares of the insurance provider’s stock valued at $28,000 after acquiring an additional 106 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Cincinnati Financial by 157.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 335 shares of the insurance provider’s stock valued at $48,000 after acquiring an additional 205 shares during the last quarter. McClarren Financial Advisors Inc. acquired a new stake in shares of Cincinnati Financial during the 4th quarter valued at $50,000. Finally, Kentucky Trust Co acquired a new stake in shares of Cincinnati Financial during the 4th quarter valued at $51,000. 65.24% of the stock is owned by institutional investors.

Cincinnati Financial Price Performance

CINF opened at $150.95 on Tuesday. The stock has a fifty day moving average of $140.66 and a 200-day moving average of $143.13. The firm has a market capitalization of $23.59 billion, a P/E ratio of 10.40, a PEG ratio of 8.30 and a beta of 0.73. Cincinnati Financial Co. has a 12-month low of $111.92 and a 12-month high of $161.75. The company has a quick ratio of 0.31, a current ratio of 0.29 and a debt-to-equity ratio of 0.06.

Cincinnati Financial (NASDAQ:CINF) last released its earnings results on Monday, April 28th. The insurance provider reported ($0.24) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.61) by $0.37. The company had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.70 billion. Cincinnati Financial had a return on equity of 9.01% and a net margin of 20.22%. The company’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.72 earnings per share. Equities analysts forecast that Cincinnati Financial Co. will post 5.36 EPS for the current fiscal year.

Cincinnati Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Monday, June 23rd will be issued a dividend of $0.87 per share. The ex-dividend date of this dividend is Monday, June 23rd. This represents a $3.48 annualized dividend and a dividend yield of 2.31%. Cincinnati Financial’s dividend payout ratio is 37.95%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. StockNews.com upgraded Cincinnati Financial from a “sell” rating to a “hold” rating in a research report on Thursday, April 17th. Keefe, Bruyette & Woods reduced their target price on Cincinnati Financial from $182.00 to $148.00 and set an “outperform” rating for the company in a report on Wednesday, April 9th. Finally, Roth Mkm increased their target price on Cincinnati Financial from $140.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, February 12th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $147.40.

Cincinnati Financial Profile

Cincinnati Financial Corporation, together with its subsidiaries, provides property casualty insurance products in the United States. It operates through five segments: Commercial Lines Insurance, Personal Lines Insurance, Excess and Surplus Lines Insurance, Life Insurance, and Investments. The Commercial Lines Insurance segment offers coverage for commercial casualty, commercial property, commercial auto, and workers' compensation.