Universal Beteiligungs und Servicegesellschaft mbH Has $70.45 Million Stock Holdings in Cintas Corporation $CTAS

Universal Beteiligungs und Servicegesellschaft mbH decreased its holdings in shares of Cintas Corporation (NASDAQ:CTASFree Report) by 8.7% in the third quarter, Holdings Channel reports. The firm owned 343,240 shares of the business services provider’s stock after selling 32,597 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Cintas were worth $70,453,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC boosted its stake in Cintas by 9.3% in the 4th quarter. Brighton Jones LLC now owns 1,268 shares of the business services provider’s stock valued at $232,000 after buying an additional 108 shares in the last quarter. Sivia Capital Partners LLC lifted its holdings in shares of Cintas by 42.3% during the second quarter. Sivia Capital Partners LLC now owns 1,441 shares of the business services provider’s stock valued at $321,000 after acquiring an additional 428 shares during the period. CX Institutional boosted its stake in shares of Cintas by 7.2% in the 2nd quarter. CX Institutional now owns 2,185 shares of the business services provider’s stock valued at $487,000 after purchasing an additional 147 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Cintas by 12.7% in the 2nd quarter. Farther Finance Advisors LLC now owns 7,927 shares of the business services provider’s stock valued at $1,767,000 after purchasing an additional 896 shares in the last quarter. Finally, Foster Group Inc. bought a new stake in shares of Cintas in the 2nd quarter worth about $212,000. 63.46% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. JPMorgan Chase & Co. cut their price target on shares of Cintas from $246.00 to $230.00 and set an “overweight” rating for the company in a report on Thursday, September 25th. Redburn Partners set a $184.00 target price on Cintas in a report on Tuesday, November 11th. Robert W. Baird raised their price target on Cintas from $220.00 to $225.00 and gave the company a “neutral” rating in a report on Friday, December 19th. Sanford C. Bernstein initiated coverage on Cintas in a research report on Wednesday, November 12th. They issued a “market perform” rating and a $200.00 price objective for the company. Finally, Citigroup restated a “sell” rating and set a $181.00 target price (up previously from $176.00) on shares of Cintas in a report on Monday, December 22nd. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Cintas currently has an average rating of “Hold” and a consensus target price of $214.86.

Get Our Latest Analysis on Cintas

Cintas Stock Down 0.9%

NASDAQ:CTAS opened at $193.74 on Wednesday. The company has a market cap of $77.47 billion, a price-to-earnings ratio of 56.48, a P/E/G ratio of 3.35 and a beta of 0.97. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.49 and a current ratio of 1.71. The stock’s fifty day moving average price is $187.76 and its two-hundred day moving average price is $199.42. Cintas Corporation has a 52-week low of $180.39 and a 52-week high of $229.24.

Cintas (NASDAQ:CTASGet Free Report) last released its earnings results on Thursday, December 18th. The business services provider reported $1.21 EPS for the quarter, beating the consensus estimate of $1.20 by $0.01. The company had revenue of $2.80 billion during the quarter, compared to analysts’ expectations of $2.77 billion. Cintas had a return on equity of 41.07% and a net margin of 17.58%.The business’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period last year, the firm earned $1.09 EPS. Cintas has set its FY 2026 guidance at 4.810-4.880 EPS. On average, analysts anticipate that Cintas Corporation will post 4.31 EPS for the current year.

Cintas declared that its Board of Directors has authorized a stock buyback plan on Tuesday, October 28th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the business services provider to purchase up to 1.3% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Cintas Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 13th will be paid a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, February 13th. Cintas’s dividend payout ratio (DPR) is 52.48%.

Cintas Profile

(Free Report)

Cintas Corporation (NASDAQ: CTAS) is a provider of business services and products focused on workplace appearance, safety and facility maintenance. The company is best known for its uniform rental and corporate apparel programs, which include rental, leasing and direct-purchase options, laundering and garment repair. Cintas markets its services to a wide range of end-users, including manufacturing, food service, healthcare, hospitality, retail and government customers.

Beyond uniforms, Cintas offers a suite of facility services and products designed to help organizations maintain clean, safe and compliant workplaces.

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Institutional Ownership by Quarter for Cintas (NASDAQ:CTAS)

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