Cincinnati Financial Corp. (NASDAQ:CINF) Director David P. Osborn bought 500 shares of the company’s stock in a transaction on Friday, November 4th. The shares were acquired at an average price of $68.44 per share, with a total value of $34,220.00. Following the transaction, the director now directly owns 19,845 shares in the company, valued at approximately $1,358,191.80. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of Cincinnati Financial Corp. (NASDAQ:CINF) opened at 70.11 on Thursday. Cincinnati Financial Corp. has a 52-week low of $53.64 and a 52-week high of $78.09. The company has a market cap of $11.55 billion, a PE ratio of 18.02 and a beta of 0.82. The company has a 50 day moving average of $73.07 and a 200-day moving average of $72.65.

Cincinnati Financial Corp. (NASDAQ:CINF) last announced its quarterly earnings data on Tuesday, October 25th. The company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.08. The business had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.03 billion. Cincinnati Financial Corp. had a net margin of 11.98% and a return on equity of 8.34%. During the same period last year, the firm posted $1.04 earnings per share. Analysts forecast that Cincinnati Financial Corp. will post $3.20 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 14th. Investors of record on Wednesday, September 21st were paid a $0.48 dividend. The ex-dividend date of this dividend was Monday, September 19th. This represents a $1.92 dividend on an annualized basis and a yield of 2.74%. Cincinnati Financial Corp.’s dividend payout ratio (DPR) is 49.36%.

A number of hedge funds and other institutional investors have recently made changes to their positions in CINF. Cypress Capital Management LLC WY raised its stake in shares of Cincinnati Financial Corp. by 12.2% in the third quarter. Cypress Capital Management LLC WY now owns 1,375 shares of the company’s stock worth $104,000 after buying an additional 150 shares in the last quarter. Feltz Wealth PLAN Inc. bought a new stake in shares of Cincinnati Financial Corp. during the second quarter worth $121,000. Evercore Wealth Management LLC raised its stake in shares of Cincinnati Financial Corp. by 201.8% in the second quarter. Evercore Wealth Management LLC now owns 1,687 shares of the company’s stock worth $126,000 after buying an additional 1,128 shares in the last quarter. WFG Advisors LP raised its stake in shares of Cincinnati Financial Corp. by 0.7% in the second quarter. WFG Advisors LP now owns 1,941 shares of the company’s stock worth $145,000 after buying an additional 14 shares in the last quarter. Finally, Mizuho Asset Management Co. Ltd. raised its stake in shares of Cincinnati Financial Corp. by 107.1% in the second quarter. Mizuho Asset Management Co. Ltd. now owns 1,974 shares of the company’s stock worth $148,000 after buying an additional 1,021 shares in the last quarter. 61.33% of the stock is currently owned by institutional investors and hedge funds.

Several analysts have commented on CINF shares. Zacks Investment Research upgraded shares of Cincinnati Financial Corp. from a “sell” rating to a “hold” rating in a research report on Tuesday. MKM Partners upped their target price on shares of Cincinnati Financial Corp. from $80.00 to $90.00 and gave the company a “buy” rating in a research report on Friday, July 15th.

Cincinnati Financial Corp. Company Profile

Cincinnati Financial Corporation is an insurance holding company. The Company is engaged in the business of property casualty insurance marketed through independent insurance agencies in over 40 states. It operates through five segments: Commercial lines insurance, Personal lines insurance, Excess and surplus lines insurance, Life insurance and Investments.

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