Stratos Wealth Partners LTD. decreased its stake in Cincinnati Financial Corporation (NASDAQ:CINF) by 1.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,430 shares of the insurance provider’s stock after selling 39 shares during the period. Stratos Wealth Partners LTD.’s holdings in Cincinnati Financial Corporation were worth $249,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of CINF. State of Alaska Department of Revenue acquired a new position in Cincinnati Financial Corporation during the first quarter valued at approximately $642,000. Bollard Group LLC boosted its position in Cincinnati Financial Corporation by 14.3% in the first quarter. Bollard Group LLC now owns 35,336 shares of the insurance provider’s stock valued at $2,554,000 after buying an additional 4,417 shares during the last quarter. DnB Asset Management AS boosted its position in Cincinnati Financial Corporation by 16.9% in the first quarter. DnB Asset Management AS now owns 19,375 shares of the insurance provider’s stock valued at $1,400,000 after buying an additional 2,800 shares during the last quarter. Moon Capital Management LLC boosted its position in Cincinnati Financial Corporation by 0.7% in the first quarter. Moon Capital Management LLC now owns 6,155 shares of the insurance provider’s stock valued at $445,000 after buying an additional 42 shares during the last quarter. Finally, Washington Trust Bank boosted its position in Cincinnati Financial Corporation by 4,967.4% in the first quarter. Washington Trust Bank now owns 4,814 shares of the insurance provider’s stock valued at $348,000 after buying an additional 4,719 shares during the last quarter. Institutional investors and hedge funds own 63.03% of the company’s stock.

Cincinnati Financial Corporation (CINF) opened at 79.62 on Friday. The stock has a 50 day moving average price of $74.56 and a 200-day moving average price of $72.30. Cincinnati Financial Corporation has a 12-month low of $68.11 and a 12-month high of $81.98. The stock has a market capitalization of $13.06 billion, a PE ratio of 22.81 and a beta of 0.89.

Cincinnati Financial Corporation (NASDAQ:CINF) last issued its earnings results on Wednesday, August 2nd. The insurance provider reported $0.64 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.46 by $0.18. Cincinnati Financial Corporation had a return on equity of 6.57% and a net margin of 10.33%. The firm had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.38 billion. During the same period in the previous year, the firm posted $0.57 earnings per share. The business’s revenue was up 1.1% compared to the same quarter last year. On average, equities analysts anticipate that Cincinnati Financial Corporation will post $2.90 earnings per share for the current fiscal year.

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A number of research firms have recently issued reports on CINF. Zacks Investment Research upgraded Cincinnati Financial Corporation from a “sell” rating to a “hold” rating in a report on Friday, August 4th. BidaskClub upgraded Cincinnati Financial Corporation from a “sell” rating to a “hold” rating in a report on Wednesday. Keefe, Bruyette & Woods set a $70.00 price objective on Cincinnati Financial Corporation and gave the stock a “hold” rating in a report on Wednesday, May 24th. Finally, Royal Bank Of Canada reiterated a “hold” rating and issued a $72.00 price objective on shares of Cincinnati Financial Corporation in a report on Monday, May 22nd. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Cincinnati Financial Corporation presently has a consensus rating of “Hold” and a consensus price target of $78.75.

About Cincinnati Financial Corporation

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 Corporation (NASDAQ:CINF)

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