2 weeks Ago By ABMN Staff
Sei Investments Co. grew its holdings in Cincinnati Financial Co. ( NASDAQ:CINF – Free Report ) by 2.
4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,792 shares of the insurance provider’s stock after buying an additional 824 shares during the quarter. Sei Investments Co.
’s holdings in Cincinnati Financial were worth $5,143,000 at the end of the most recent quarter. Other institutional investors have also recently modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd.
purchased a new stake in shares of Cincinnati Financial during the 4th quarter worth $27,000. Legacy Investment Solutions LLC acquired a new stake in shares of Cincinnati Financial in the third quarter valued at about $28,000. Y.
D. More Investments Ltd boosted its holdings in Cincinnati Financial by 121.8% during the fourth quarter.
Y.D. More Investments Ltd now owns 193 shares of the insurance provider’s stock worth $28,000 after buying an additional 106 shares in the last quarter.
Quarry LP acquired a new position in Cincinnati Financial during the third quarter worth about $43,000. Finally, EverSource Wealth Advisors LLC increased its holdings in Cincinnati Financial by 157.7% in the fourth quarter.
EverSource Wealth Advisors LLC now owns 335 shares of the insurance provider’s stock valued at $48,000 after buying an additional 205 shares in the last quarter. 65.24% of the stock is currently owned by hedge funds and other institutional investors.
Cincinnati Financial Stock Performance NASDAQ CINF opened at $147.45 on Wednesday. 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 Co. has a fifty-two week low of $109.93 and a fifty-two week high of $161.
75. The business has a fifty day moving average of $140.86 and a 200-day moving average of $142.
96. The stock has a market cap of $23.09 billion, a price-to-earnings ratio of 10.
15, a price-to-earnings-growth ratio of 8.30 and a beta of 0.66.
Cincinnati Financial Increases Dividend The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 24th will be given a dividend of $0.87 per share.
The ex-dividend date is Monday, March 24th. This represents a $3.48 dividend on an annualized basis and a yield of 2.
36%. This is a positive change from Cincinnati Financial’s previous quarterly dividend of $0.81.
Cincinnati Financial’s dividend payout ratio (DPR) is 23.97%. Wall Street Analysts Forecast Growth Several equities analysts recently issued reports on CINF shares.
Keefe, Bruyette & Woods lifted their price objective 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 lifted their price target on Cincinnati Financial from $140.00 to $160.00 and gave the stock a “buy” rating in a research note on Wednesday, February 12th.
One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Cincinnati Financial currently has a consensus rating of “Moderate Buy” and an average target price of $154.
20. Check Out Our Latest Stock Report on CINF Cincinnati Financial Company Profile ( Free Report ) 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. Featured Stories Receive News & Ratings for Cincinnati Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cincinnati Financial and related companies with MarketBeat.com's FREE daily email newsletter .
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