Traders purchased shares of Cincinnati Financial Corp. (NASDAQ:CINF) on weakness during trading on Friday. $57.82 million flowed into the stock on the tick-up and $7.32 million flowed out of the stock on the tick-down, for a money net flow of $50.50 million into the stock. Of all stocks tracked, Cincinnati Financial Corp. had the 22nd highest net in-flow for the day. Cincinnati Financial Corp. traded down ($0.54) for the day and closed at $74.70

CINF has been the topic of several research reports. MKM Partners boosted their target price on Cincinnati Financial Corp. from $70.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, June 9th. Zacks Investment Research upgraded Cincinnati Financial Corp. from a “hold” rating to a “buy” rating and set a $84.00 price target for the company in a research report on Wednesday, July 20th. Finally, Royal Bank Of Canada lifted their price target on Cincinnati Financial Corp. from $59.00 to $66.00 and gave the company a “sector perform” rating in a research report on Thursday, April 28th.

The company has a market capitalization of $12.29 billion and a P/E ratio of 19.35. The firm’s 50-day moving average is $73.28 and its 200 day moving average is $66.33.

Cincinnati Financial Corp. (NASDAQ:CINF) last issued its earnings results on Tuesday, July 26th. The company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.43 by $0.14. During the same quarter in the prior year, the business posted $0.83 earnings per share. The business had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.32 billion. The business’s revenue for the quarter was up 4.2% on a year-over-year basis. On average, equities analysts anticipate that Cincinnati Financial Corp. will post $3.19 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, July 15th. Shareholders of record on Wednesday, June 22nd were paid a dividend of $0.48 per share. The ex-dividend date of this dividend was Monday, June 20th. This represents a $1.92 annualized dividend and a yield of 2.57%.

A number of hedge funds have modified their holdings of CINF. Suntrust Banks Inc. increased its stake in shares of Cincinnati Financial Corp. by 36.9% in the fourth quarter. Suntrust Banks Inc. now owns 17,365 shares of the company’s stock valued at $1,027,000 after buying an additional 4,680 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in shares of Cincinnati Financial Corp. by 5.0% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 24,614 shares of the company’s stock valued at $1,456,000 after buying an additional 1,166 shares in the last quarter. Utah Retirement Systems increased its stake in shares of Cincinnati Financial Corp. by 0.3% in the fourth quarter. Utah Retirement Systems now owns 29,469 shares of the company’s stock valued at $1,744,000 after buying an additional 100 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. increased its stake in shares of Cincinnati Financial Corp. by 38.4% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 31,611 shares of the company’s stock valued at $1,870,000 after buying an additional 8,774 shares in the last quarter. Finally, Nationwide Fund Advisors increased its stake in shares of Cincinnati Financial Corp. by 1.5% in the fourth quarter. Nationwide Fund Advisors now owns 44,064 shares of the company’s stock valued at $2,607,000 after buying an additional 668 shares in the last quarter.

Cincinnati Financial Corporation is an insurance holding company. The Company is engaged in the business of property casualty insurance marketed through independent insurance agencies in 39 states. The Company operates through five segments: Commercial lines, Personal lines, Excess and surplus lines, Life insurance and Investments.

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