Cincinnati Financial Co. (NASDAQ:CINF) Shares Sold by Cassady Schiller Wealth Management LLC

Cassady Schiller Wealth Management LLC lessened its holdings in Cincinnati Financial Co. (NASDAQ:CINF) by 5.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,545 shares of the insurance provider’s stock after selling 385 shares during the period. Cassady Schiller Wealth Management LLC’s holdings in Cincinnati Financial were worth $941,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd. acquired a new position in Cincinnati Financial during the 4th quarter worth about $27,000. Legacy Investment Solutions LLC acquired a new position in Cincinnati Financial during the 3rd quarter worth about $28,000. Y.D. More Investments Ltd increased its holdings in Cincinnati Financial by 121.8% during the 4th quarter. Y.D. More Investments Ltd now owns 193 shares of the insurance provider’s stock worth $28,000 after purchasing an additional 106 shares during the period. True Wealth Design LLC purchased a new stake in Cincinnati Financial during the 3rd quarter worth about $42,000. Finally, Quarry LP purchased a new stake in Cincinnati Financial during the 3rd quarter worth about $43,000. Institutional investors and hedge funds own 65.24% of the company’s stock.

Analyst Ratings Changes

CINF has been the topic of several recent research reports. Keefe, Bruyette & Woods upped their price target on Cincinnati Financial from $180.00 to $182.00 and gave the stock an “outperform” rating in a report on Thursday, February 13th. Roth Mkm upped their price target on Cincinnati Financial from $140.00 to $160.00 and gave the stock a “buy” rating in a report on Wednesday, February 12th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $151.00.

Cincinnati Financial Trading Up 2.4 %

CINF opened at $145.39 on Monday. Cincinnati Financial Co. has a one year low of $109.93 and a one year high of $161.75. The company has a market cap of $22.76 billion, a P/E ratio of 10.01, a PEG ratio of 8.30 and a beta of 0.66. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.31 and a current ratio of 0.29. The business’s 50-day simple moving average is $139.36 and its 200-day simple moving average is $142.10.

Cincinnati Financial (NASDAQ:CINF) last released its quarterly earnings data on Monday, February 10th. The insurance provider reported $3.14 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $1.24. Cincinnati Financial had a return on equity of 9.01% and a net margin of 20.22%. As a group, equities research analysts expect that Cincinnati Financial Co. will post 5.36 EPS for the current fiscal year.

Cincinnati Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 24th will be issued a $0.87 dividend. The ex-dividend date is Monday, March 24th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 2.39%. This is an increase from Cincinnati Financial’s previous quarterly dividend of $0.81. Cincinnati Financial’s dividend payout ratio is presently 23.97%.

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.