GW&K Investment Management LLC reduced its stake in shares of Cincinnati Financial Co. (NASDAQ:CINF) by 1.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 504,229 shares of the insurance provider’s stock after selling 8,996 shares during the quarter. GW&K Investment Management LLC’s holdings in Cincinnati Financial were worth $37,802,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in CINF. Vanguard Group Inc. boosted its position in shares of Cincinnati Financial by 2.4% during the 2nd quarter. Vanguard Group Inc. now owns 17,010,783 shares of the insurance provider’s stock valued at $1,232,431,000 after acquiring an additional 392,312 shares during the last quarter. State Street Corp boosted its position in shares of Cincinnati Financial by 0.6% during the 2nd quarter. State Street Corp now owns 10,126,768 shares of the insurance provider’s stock valued at $733,677,000 after acquiring an additional 58,443 shares during the last quarter. Truepoint Inc. boosted its position in shares of Cincinnati Financial by 7,395.5% during the 3rd quarter. Truepoint Inc. now owns 1,954,901 shares of the insurance provider’s stock valued at $1,955,000 after acquiring an additional 1,928,820 shares during the last quarter. Royal Bank of Canada boosted its position in shares of Cincinnati Financial by 3.3% during the 2nd quarter. Royal Bank of Canada now owns 1,879,885 shares of the insurance provider’s stock valued at $136,198,000 after acquiring an additional 60,921 shares during the last quarter. Finally, Janus Henderson Group PLC boosted its position in shares of Cincinnati Financial by 4,980.7% during the 2nd quarter. Janus Henderson Group PLC now owns 1,023,094 shares of the insurance provider’s stock valued at $74,123,000 after acquiring an additional 1,002,957 shares during the last quarter. 64.45% of the stock is owned by institutional investors and hedge funds.

A number of research analysts have recently commented on CINF shares. Zacks Investment Research downgraded Cincinnati Financial from a “buy” rating to a “hold” rating in a research report on Friday, September 22nd. BidaskClub downgraded Cincinnati Financial from a “sell” rating to a “strong sell” rating in a research report on Thursday, December 14th. Finally, Langen Mcalenn reiterated a “neutral” rating on shares of Cincinnati Financial in a research report on Tuesday. One analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $78.50.

Shares of Cincinnati Financial Co. (CINF) opened at $75.16 on Friday. The stock has a market capitalization of $12,282.42, a price-to-earnings ratio of 29.24 and a beta of 0.93. Cincinnati Financial Co. has a 52-week low of $68.24 and a 52-week high of $81.98. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.29 and a quick ratio of 0.29.

Cincinnati Financial (NASDAQ:CINF) last issued its quarterly earnings results on Thursday, October 26th. The insurance provider reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. The company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.42 billion. Cincinnati Financial had a return on equity of 5.85% and a net margin of 8.93%. Cincinnati Financial’s revenue was up .7% on a year-over-year basis. During the same period last year, the company earned $0.86 earnings per share. analysts anticipate that Cincinnati Financial Co. will post 2.65 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 16th. Investors of record on Wednesday, December 20th were given a $0.50 dividend. The ex-dividend date was Tuesday, December 19th. This represents a $2.00 dividend on an annualized basis and a yield of 2.66%. Cincinnati Financial’s dividend payout ratio is presently 66.23%.

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Cincinnati Financial Profile

Cincinnati Financial Corporation is an insurance holding company. It operates through five segments: Commercial lines insurance, Personal lines insurance, Excess and surplus lines insurance, and Life insurance and Investments. Its Commercial Lines Insurance Segment provides five commercial business lines: commercial casualty, commercial property, commercial auto, workers’ compensation and other commercial lines.

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Institutional Ownership by Quarter for Cincinnati Financial (NASDAQ:CINF)

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