Cincinnati Financial Co. (NASDAQ:CINF) Director Douglas S. Skidmore acquired 650 shares of the firm’s stock in a transaction on Friday, February 9th. The stock was purchased at an average price of $70.65 per share, for a total transaction of $45,922.50. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Shares of Cincinnati Financial Co. (NASDAQ CINF) traded down $0.34 during mid-day trading on Tuesday, reaching $73.97. The company’s stock had a trading volume of 509,338 shares, compared to its average volume of 661,638. The company has a quick ratio of 0.29, a current ratio of 0.28 and a debt-to-equity ratio of 0.10. The stock has a market cap of $12,190.00, a price-to-earnings ratio of 11.74 and a beta of 0.87. Cincinnati Financial Co. has a 12 month low of $68.49 and a 12 month high of $81.98.

Cincinnati Financial (NASDAQ:CINF) last announced its quarterly earnings data on Wednesday, February 7th. The insurance provider reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.07. Cincinnati Financial had a return on equity of 5.99% and a net margin of 18.23%. The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.42 billion. During the same quarter last year, the firm posted $0.75 EPS. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. equities research analysts predict that Cincinnati Financial Co. will post 3.42 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, April 16th. Shareholders of record on Wednesday, March 21st will be paid a $0.53 dividend. The ex-dividend date is Tuesday, March 20th. This is an increase from Cincinnati Financial’s previous quarterly dividend of $0.50. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.87%. Cincinnati Financial’s dividend payout ratio (DPR) is 31.75%.

Several institutional investors and hedge funds have recently modified their holdings of CINF. Thrivent Financial For Lutherans increased its stake in shares of Cincinnati Financial by 3.5% in the 2nd quarter. Thrivent Financial For Lutherans now owns 5,688 shares of the insurance provider’s stock worth $412,000 after acquiring an additional 190 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Cincinnati Financial by 0.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 804,060 shares of the insurance provider’s stock worth $58,255,000 after acquiring an additional 2,504 shares during the last quarter. Gotham Asset Management LLC acquired a new stake in shares of Cincinnati Financial in the 2nd quarter worth $338,000. The Manufacturers Life Insurance Company increased its stake in shares of Cincinnati Financial by 11.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 178,596 shares of the insurance provider’s stock worth $12,939,000 after acquiring an additional 19,003 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its stake in shares of Cincinnati Financial by 7.3% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 28,885 shares of the insurance provider’s stock worth $2,093,000 after acquiring an additional 1,966 shares during the last quarter. 64.48% of the stock is owned by institutional investors and hedge funds.

A number of brokerages have weighed in on CINF. BidaskClub lowered Cincinnati Financial from a “sell” rating to a “strong sell” rating in a report on Wednesday, January 10th. Zacks Investment Research lowered Cincinnati Financial from a “buy” rating to a “sell” rating in a report on Tuesday, October 17th. Royal Bank of Canada restated a “hold” rating on shares of Cincinnati Financial in a report on Thursday, February 8th. Finally, Langen Mcalenn restated a “neutral” rating on shares of Cincinnati Financial in a report on Tuesday, January 16th. Five equities research analysts have rated the stock with a hold rating, The company presently has an average rating of “Hold” and a consensus price target of $74.67.

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About Cincinnati Financial

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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