November 29, 2016 - By Darrin Black · 0 Comments
Cincinnati Financial Corp (NASDAQ:CINF) institutional sentiment increased to 1.17 in 2016 Q2. Its up 0.01, from 1.16 in 2016Q1. The ratio improved, as 213 investment managers opened new and increased positions, while 183 sold and trimmed stakes in Cincinnati Financial Corp. The investment managers in our partner’s database reported: 98.43 million shares, down from 106.33 million shares in 2016Q1. Also, the number of investment managers holding Cincinnati Financial Corp in their top 10 positions increased from 7 to 12 for an increase of 5. Sold All: 31 Reduced: 152 Increased: 172 New Position: 41.
Cincinnati Financial Corporation is an insurance holding company. The company has a market cap of $12.75 billion. The Firm is engaged in the business of property casualty insurance marketed through independent insurance agencies in over 40 states. It has a 19.69 P/E ratio. It operates through five divisions: Commercial lines insurance, Personal lines insurance, Excess and surplus lines insurance, Life insurance and Investments.
The stock decreased 0.12% or $0.09 during the last trading session, hitting $76.59. Cincinnati Financial Corporation (NASDAQ:CINF) has risen 18.74% since April 26, 2016 and is uptrending. It has outperformed by 13.48% the S&P500.
Analysts await Cincinnati Financial Corporation (NASDAQ:CINF) to report earnings on February, 1. They expect $0.78 EPS, down 29.09% or $0.32 from last year’s $1.1 per share. CINF’s profit will be $129.85M for 24.55 P/E if the $0.78 EPS becomes a reality. After $0.86 actual EPS reported by Cincinnati Financial Corporation for the previous quarter, Wall Street now forecasts -9.30% negative EPS growth.
According to Zacks Investment Research, “Cincinnati Financial Corporation offers property and casualty insurance, its main business, through The Cincinnati Insurance Company, The Cincinnati Indemnity Company and The Cincinnati Casualty Company. The Cincinnati Life Insurance Company markets life and disability income insurance and annuities. CFC Investment Company offers commercial leasing and financing services. CinFin Capital Management Company provides asset management services to institutions, corporations and individuals.”
United Fire Group Inc holds 9.6% of its portfolio in Cincinnati Financial Corporation for 320,276 shares. Kessler Investment Group Llc owns 33,319 shares or 3.57% of their US portfolio. Moreover, Welch Group Llc has 3.46% invested in the company for 226,875 shares. The Colorado-based Brc Investment Management Llc has invested 3.35% in the stock. Schulhoff & Co Inc, a Ohio-based fund reported 67,556 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 3 insider buys, and 0 sales for $54,257 net activity.
Ratings analysis reveals 33% of Cincinnati Fincl’s analysts are positive. Out of 3 Wall Street analysts rating Cincinnati Fincl, 1 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. The lowest target is $45 while the high is $90. The stock’s average target of $67 is -12.52% below today’s ($76.59) share price. CINF was included in 8 notes of analysts from July 30, 2015. The firm earned “Sell” rating on Friday, July 31 by Deutsche Bank. The rating was maintained by M Partners with “Buy” on Friday, July 15. RBC Capital Markets maintained Cincinnati Financial Corporation (NASDAQ:CINF) on Thursday, April 28 with “Sector Perform” rating. The company was initiated on Wednesday, September 2 by M Partners. The firm earned “Sector Perform” rating on Thursday, July 30 by RBC Capital Markets. The firm has “Buy” rating given on Thursday, June 9 by M Partners. RBC Capital Markets maintained the stock with “Sector Perform” rating in Thursday, October 29 report.
Cincinnati Financial Corporation, incorporated on March 4, 1992, is an insurance holding company. The Firm is engaged in the business of property casualty insurance marketed through independent insurance agencies in over 40 states. The Firm operates through five divisions: Commercial lines insurance, Personal lines insurance, Excess and surplus lines insurance, Life insurance and Investments. The Firm operates through its three subsidiaries: The Cincinnati Insurance Company, CSU Producer Resources Inc. and CFC Investment Company. The Cincinnati Insurance Company owns over four additional insurance subsidiaries. The Company’s market property casualty insurance group includes two of those subsidiaries: The Cincinnati Casualty Company and The Cincinnati Indemnity Company. This group writes a range of business, homeowner and auto policies. Other subsidiaries of The Cincinnati Insurance Company include The Cincinnati Life Insurance Company, which provides life insurance, disability income policies and fixed annuities, and The Cincinnati Specialty Underwriters Insurance Company, which offers excess and surplus lines insurance products.
More recent Cincinnati Financial Corporation (NASDAQ:CINF) news were published by: Prnewswire.com which released: “Cincinnati Financial Corporation Subsidiaries Announce Appointments and Promotions” on February 01, 2016. Also Investorplace.com published the news titled: “3 Big Stock Charts: Cincinnati Financial Corporation (CINF), Twitter Inc (TWTR …” on October 24, 2016. Investorplace.com‘s news article titled: “3 Big Stock Charts for Monday: Cincinnati Financial Corporation (CINF), PNC …” with publication date: August 29, 2016 was also an interesting one.
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By Darrin Black