Creative Planning decreased its position in Cincinnati Financial Co. (NASDAQ:CINF) by 22.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 14,749 shares of the insurance provider’s stock after selling 4,376 shares during the period. Creative Planning’s holdings in Cincinnati Financial were worth $1,721,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of CINF. Krane Funds Advisors LLC purchased a new stake in Cincinnati Financial in the 2nd quarter valued at about $25,000. Kavar Capital Partners LLC purchased a new stake in Cincinnati Financial in the 2nd quarter valued at about $26,000. Virtus ETF Advisers LLC purchased a new stake in Cincinnati Financial in the 2nd quarter valued at about $29,000. CSat Investment Advisory L.P. grew its position in shares of Cincinnati Financial by 42.3% during the 2nd quarter. CSat Investment Advisory L.P. now owns 380 shares of the insurance provider’s stock valued at $39,000 after acquiring an additional 113 shares during the period. Finally, Hanson & Doremus Investment Management bought a new position in shares of Cincinnati Financial during the 2nd quarter valued at approximately $40,000. Hedge funds and other institutional investors own 64.38% of the company’s stock.

A number of research analysts have recently weighed in on the stock. Buckingham Research increased their target price on shares of Cincinnati Financial from $92.00 to $100.00 and gave the company a “neutral” rating in a research report on Thursday, September 12th. BidaskClub downgraded shares of Cincinnati Financial from a “buy” rating to a “hold” rating in a research report on Wednesday. MKM Partners increased their target price on shares of Cincinnati Financial from $120.00 to $135.00 and gave the company a “buy” rating in a research report on Friday, October 25th. ValuEngine downgraded shares of Cincinnati Financial from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Finally, Royal Bank of Canada increased their target price on shares of Cincinnati Financial to $105.00 and gave the company a “sector perform” rating in a research report on Thursday, August 1st. They noted that the move was a valuation call. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $109.40.

Cincinnati Financial stock opened at $108.70 on Friday. The firm has a 50 day moving average price of $114.04 and a 200-day moving average price of $106.82. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $17.98 billion, a P/E ratio of 32.45 and a beta of 0.61. Cincinnati Financial Co. has a twelve month low of $71.21 and a twelve month high of $118.19.

Cincinnati Financial (NASDAQ:CINF) last issued its earnings results on Thursday, October 24th. The insurance provider reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.19. The company had revenue of $1.70 billion for the quarter, compared to analysts’ expectations of $1.53 billion. Cincinnati Financial had a net margin of 14.18% and a return on equity of 7.44%. The firm’s revenue was down 11.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.84 EPS. Equities analysts expect that Cincinnati Financial Co. will post 4.04 EPS for the current fiscal year.

Cincinnati Financial Company Profile

Cincinnati Financial Corporation, together with its subsidiary, provides property casualty insurance products in the United States. The company operates in five segments: Commercial Lines Insurance, Personal Lines Insurance, Excess and Surplus Lines Insurance, Life Insurance, and Investments. The Commercial Lines Insurance segment provides coverage for commercial casualty, commercial property, commercial auto, and workers' compensation.

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Institutional Ownership by Quarter for Cincinnati Financial (NASDAQ:CINF)

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