Shares of Cintas Corp. (NASDAQ:CTAS) saw an uptick in trading volume on Friday . 941,252 shares were traded during trading, an increase of 65% from the previous session’s volume of 571,078 shares.The stock last traded at $99.63 and had previously closed at $98.76.

A number of research firms have issued reports on CTAS. Barclays PLC reiterated a “buy” rating on shares of Cintas Corp. in a report on Thursday, March 24th. Zacks Investment Research cut Cintas Corp. from a “hold” rating to a “sell” rating in a report on Wednesday, June 15th. Sterne Agee CRT started coverage on Cintas Corp. in a report on Monday, March 21st. They set a “neutral” rating and a $91.00 target price for the company. Royal Bank Of Canada decreased their price objective on Cintas Corp. from $94.00 to $92.00 and set a “sector perform” rating for the company in a report on Wednesday, March 23rd. Finally, Morgan Stanley restated a “sell” rating and issued a $77.00 price objective on shares of Cintas Corp. in a report on Wednesday, March 23rd. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company’s stock. Cintas Corp. currently has an average rating of “Hold” and a consensus target price of $93.56.

The stock’s 50 day moving average is $95.14 and its 200 day moving average is $89.55. The stock has a market capitalization of $10.66 billion and a price-to-earnings ratio of 16.87.

In other news, COO James Phillip Holloman sold 19,376 shares of the company’s stock in a transaction dated Thursday, April 14th. The shares were sold at an average price of $90.49, for a total transaction of $1,753,334.24. Following the transaction, the chief operating officer now owns 105,408 shares in the company, valued at $9,538,369.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gerald S. Adolph sold 1,000 shares of the company’s stock in a transaction dated Thursday, May 5th. The shares were sold at an average price of $90.21, for a total transaction of $90,210.00. Following the transaction, the director now owns 11,590 shares in the company, valued at approximately $1,045,533.90. The disclosure for this sale can be found here.

Other large investors have bought and sold shares of the company. OppenheimerFunds Inc. increased its stake in Cintas Corp. by 12.0% in the fourth quarter. OppenheimerFunds Inc. now owns 1,948,687 shares of the company’s stock valued at $177,431,000 after buying an additional 209,495 shares during the last quarter. Great West Life Assurance Co. Can increased its stake in Cintas Corp. by 26.2% in the fourth quarter. Great West Life Assurance Co. Can now owns 68,848 shares of the company’s stock valued at $6,272,000 after buying an additional 14,297 shares during the last quarter. Quantitative Investment Management LLC acquired a new stake in Cintas Corp. during the fourth quarter valued at approximately $1,802,000. GSA Capital Partners LLP increased its stake in Cintas Corp. by 98.0% in the fourth quarter. GSA Capital Partners LLP now owns 19,057 shares of the company’s stock valued at $1,735,000 after buying an additional 9,434 shares during the last quarter. Finally, Sawtooth Asset Management Inc. increased its stake in Cintas Corp. by 48,343.8% in the fourth quarter. Sawtooth Asset Management Inc. now owns 15,502 shares of the company’s stock valued at $1,411,000 after buying an additional 15,470 shares during the last quarter.

Cintas Corporation provides products and services to businesses of all types. The Company is a provider of corporate identity uniforms through rental and sales programs, as well as a provider of related business services, including entrance mats, restroom cleaning services and supplies, carpet and tile cleaning services, and first aid, safety and fire protection products and services.

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