Cincinnati Financial Co. (NASDAQ:CINF) Position Raised by Krueger & Catalano Capital Partners LLC

Krueger & Catalano Capital Partners LLC boosted its holdings in Cincinnati Financial Co. (NASDAQ:CINF) by 1.8% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 25,888 shares of the insurance provider’s stock after purchasing an additional 459 shares during the quarter. Cincinnati Financial comprises 2.0% of Krueger & Catalano Capital Partners LLC’s portfolio, making the stock its 10th largest position. Krueger & Catalano Capital Partners LLC’s holdings in Cincinnati Financial were worth $2,684,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Curbstone Financial Management Corp grew its holdings in shares of Cincinnati Financial by 1.6% during the second quarter. Curbstone Financial Management Corp now owns 6,490 shares of the insurance provider’s stock valued at $673,000 after buying an additional 100 shares during the last quarter. KC Investment Advisors LLC grew its holdings in shares of Cincinnati Financial by 1.8% during the first quarter. KC Investment Advisors LLC now owns 6,140 shares of the insurance provider’s stock valued at $527,000 after buying an additional 111 shares during the last quarter. CWM LLC grew its holdings in shares of Cincinnati Financial by 10.4% during the first quarter. CWM LLC now owns 1,317 shares of the insurance provider’s stock valued at $113,000 after buying an additional 124 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Cincinnati Financial by 10.5% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,482 shares of the insurance provider’s stock valued at $127,000 after buying an additional 141 shares during the last quarter. Finally, Quadrant Capital Group LLC grew its holdings in shares of Cincinnati Financial by 6.4% during the first quarter. Quadrant Capital Group LLC now owns 2,460 shares of the insurance provider’s stock valued at $207,000 after buying an additional 149 shares during the last quarter. Institutional investors and hedge funds own 63.09% of the company’s stock.

Shares of CINF stock opened at $106.29 on Friday. Cincinnati Financial Co. has a 12-month low of $71.01 and a 12-month high of $109.18. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.10. The stock has a 50 day moving average of $105.96. The stock has a market capitalization of $17.28 billion, a PE ratio of 31.73 and a beta of 0.67.

Cincinnati Financial (NASDAQ:CINF) last issued its earnings results on Tuesday, July 30th. The insurance provider reported $0.85 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.64 by $0.21. Cincinnati Financial had a net margin of 15.97% and a return on equity of 7.35%. The company had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $1.51 billion. During the same quarter last year, the company posted $0.81 earnings per share. The firm’s quarterly revenue was up 22.8% on a year-over-year basis. On average, analysts predict that Cincinnati Financial Co. will post 3.5 EPS for the current year.

A number of research firms have recently commented on CINF. BidaskClub cut shares of Cincinnati Financial from a “buy” rating to a “hold” rating in a report on Wednesday, July 24th. MKM Partners reiterated a “buy” rating and set a $120.00 price target (up previously from $100.00) on shares of Cincinnati Financial in a report on Friday, May 24th. Credit Suisse Group upgraded shares of Cincinnati Financial from a “neutral” rating to an “outperform” rating and increased their price target for the company from $90.00 to $110.00 in a report on Friday, May 17th. Zacks Investment Research cut shares of Cincinnati Financial from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 10th. Finally, Royal Bank of Canada increased their price target on shares of Cincinnati Financial to $105.00 and gave the company a “sector perform” rating in a report on Thursday. They noted that the move was a valuation call. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Cincinnati Financial presently has a consensus rating of “Hold” and a consensus price target of $102.40.

About Cincinnati Financial

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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