Tredje AP fonden Buys 1,046 Shares of Cintas Co. (NASDAQ:CTAS)
Tredje AP fonden raised its holdings in Cintas Co. (NASDAQ:CTAS) by 19.7% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,353 shares of the business services provider’s stock after purchasing an additional 1,046 shares during the period. Tredje AP fonden’s holdings in Cintas were worth $1,100,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also bought and sold shares of CTAS. Balentine LLC bought a new stake in Cintas in the 1st quarter valued at about $33,000. Orion Portfolio Solutions LLC bought a new stake in Cintas in the 4th quarter valued at about $51,000. Pinz Capital Management LP bought a new stake in Cintas in the 1st quarter valued at about $52,000. Horan Securities Inc. bought a new stake in Cintas in the 1st quarter valued at about $53,000. Finally, Cornerstone Advisors Inc. boosted its holdings in Cintas by 38.0% in the 1st quarter. Cornerstone Advisors Inc. now owns 345 shares of the business services provider’s stock valued at $60,000 after purchasing an additional 95 shares during the period. 63.60% of the stock is owned by hedge funds and other institutional investors.
Shares of CTAS stock traded down $3.88 during mid-day trading on Friday, hitting $258.69. The company’s stock had a trading volume of 4,722 shares, compared to its average volume of 662,594. The company’s fifty day simple moving average is $251.21 and its 200-day simple moving average is $249.09. Cintas Co. has a 52 week low of $154.33 and a 52 week high of $304.81. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.01 and a current ratio of 2.34. The company has a market cap of $27.32 billion, a PE ratio of 29.43, a P/E/G ratio of 4.10 and a beta of 1.44.
Cintas Company Profile
Cintas Corporation provides corporate identity uniforms and related business services primarily in North America, Latin America, Europe, and Asia. It operates through Uniform Rental and Facility Services and First Aid and Safety Services segments. The company rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, and carpet and tile cleaning services, as well as sells uniforms directly.
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