Lynch & Associates IN lessened its position in Cincinnati Financial Corporation (NASDAQ:CINF) by 79.8% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 3,364 shares of the insurance provider’s stock after selling 13,268 shares during the period. Lynch & Associates IN’s holdings in Cincinnati Financial Corporation were worth $258,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in CINF. Shell Asset Management Co. increased its holdings in shares of Cincinnati Financial Corporation by 47.0% in the 3rd quarter. Shell Asset Management Co. now owns 21,953 shares of the insurance provider’s stock valued at $1,033,000 after purchasing an additional 7,018 shares in the last quarter. Osborn Williams & Donohoe LLC increased its holdings in shares of Cincinnati Financial Corporation by 0.7% in the 3rd quarter. Osborn Williams & Donohoe LLC now owns 205,320 shares of the insurance provider’s stock valued at $15,721,000 after purchasing an additional 1,510 shares in the last quarter. Park National Corp OH increased its holdings in shares of Cincinnati Financial Corporation by 7.6% in the 3rd quarter. Park National Corp OH now owns 75,361 shares of the insurance provider’s stock valued at $5,771,000 after purchasing an additional 5,320 shares in the last quarter. Sentry Investment Management LLC increased its holdings in shares of Cincinnati Financial Corporation by 0.9% in the 2nd quarter. Sentry Investment Management LLC now owns 10,411 shares of the insurance provider’s stock valued at $754,000 after purchasing an additional 96 shares in the last quarter. Finally, WFG Advisors LP increased its holdings in shares of Cincinnati Financial Corporation by 39.4% in the 2nd quarter. WFG Advisors LP now owns 2,542 shares of the insurance provider’s stock valued at $184,000 after purchasing an additional 718 shares in the last quarter. Institutional investors own 63.09% of the company’s stock.

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Shares of Cincinnati Financial Corporation (NASDAQ:CINF) traded up 0.35% during trading on Friday, hitting $76.46. 620,218 shares of the stock were exchanged. Cincinnati Financial Corporation has a 12-month low of $68.11 and a 12-month high of $81.98. The stock has a 50-day moving average of $76.28 and a 200 day moving average of $73.81. The stock has a market cap of $12.54 billion, a P/E ratio of 21.91 and a beta of 0.90.

Cincinnati Financial Corporation (NASDAQ:CINF) last posted its quarterly earnings data on Wednesday, August 2nd. The insurance provider reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.18. The business had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.38 billion. Cincinnati Financial Corporation had a net margin of 10.33% and a return on equity of 6.57%. The company’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.57 earnings per share. Equities analysts predict that Cincinnati Financial Corporation will post $2.66 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Investors of record on Friday, September 22nd were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.62%. The ex-dividend date was Thursday, September 21st. Cincinnati Financial Corporation’s payout ratio is currently 57.31%.

CINF has been the subject of a number of research analyst reports. Zacks Investment Research downgraded shares of Cincinnati Financial Corporation from a “buy” rating to a “hold” rating in a report on Friday, September 15th. BidaskClub downgraded shares of Cincinnati Financial Corporation from a “sell” rating to a “strong sell” rating in a report on Saturday, June 24th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $70.00 price target on shares of Cincinnati Financial Corporation in a report on Friday, August 18th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company. Cincinnati Financial Corporation currently has a consensus rating of “Hold” and a consensus price target of $79.25.

Cincinnati Financial Corporation Profile

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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