Cincinnati Financial Co. (NASDAQ:CINF) Stock Holdings Increased by Schulhoff & Co. Inc.

Schulhoff & Co. Inc. grew its holdings in Cincinnati Financial Co. (NASDAQ:CINF) by 1.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 54,000 shares of the insurance provider’s stock after acquiring an additional 713 shares during the period. Cincinnati Financial comprises 3.4% of Schulhoff & Co. Inc.’s holdings, making the stock its 5th biggest position. Schulhoff & Co. Inc.’s holdings in Cincinnati Financial were worth $7,760,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Catalyst Capital Advisors LLC purchased a new stake in shares of Cincinnati Financial in the 3rd quarter valued at $27,000. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in Cincinnati Financial during the fourth quarter worth $27,000. Legacy Investment Solutions LLC purchased a new stake in Cincinnati Financial during the third quarter worth $28,000. Y.D. More Investments Ltd boosted its holdings in Cincinnati Financial by 121.8% during the fourth quarter. Y.D. More Investments Ltd now owns 193 shares of the insurance provider’s stock worth $28,000 after buying an additional 106 shares in the last quarter. Finally, True Wealth Design LLC purchased a new stake in Cincinnati Financial during the third quarter worth $42,000. 65.24% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Dirk J. Debbink acquired 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was purchased at an average cost of $157.19 per share, for a total transaction of $157,190.00. Following the completion of the transaction, the director now owns 54,500 shares in the company, valued at approximately $8,566,855. This trade represents a 1.87 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 2.83% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

CINF has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods increased their price target on shares of Cincinnati Financial from $180.00 to $182.00 and gave the stock an “outperform” rating in a report on Thursday, February 13th. Roth Mkm increased their price objective on shares of Cincinnati Financial from $140.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, February 12th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $151.00.

Cincinnati Financial Price Performance

Shares of NASDAQ CINF opened at $144.55 on Friday. The firm has a 50-day simple moving average of $139.65 and a 200-day simple moving average of $141.08. The stock has a market capitalization of $22.60 billion, a price-to-earnings ratio of 9.96, a price-to-earnings-growth ratio of 8.30 and a beta of 0.71. The company has a quick ratio of 0.31, a current ratio of 0.29 and a debt-to-equity ratio of 0.06. Cincinnati Financial Co. has a 52 week low of $109.93 and a 52 week high of $161.74.

Cincinnati Financial (NASDAQ:CINF) last issued its earnings results on Monday, February 10th. The insurance provider reported $3.14 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $1.24. Cincinnati Financial had a net margin of 20.22% and a return on equity of 9.01%. On average, equities analysts predict that Cincinnati Financial Co. will post 5.36 earnings per share for the current fiscal year.

Cincinnati Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 24th will be given a dividend of $0.87 per share. This is a boost from Cincinnati Financial’s previous quarterly dividend of $0.81. This represents a $3.48 annualized dividend and a yield of 2.41%. The ex-dividend date of this dividend is Monday, March 24th. Cincinnati Financial’s dividend payout ratio (DPR) is presently 23.97%.

Cincinnati Financial Profile

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