Traders purchased shares of Cintas Corp. (NASDAQ:CTAS) on weakness during trading hours on Friday. $45.81 million flowed into the stock on the tick-up and $10.52 million flowed out of the stock on the tick-down, for a money net flow of $35.29 million into the stock. Of all equities tracked, Cintas Corp. had the 32nd highest net in-flow for the day. Cintas Corp. traded down ($0.91) for the day and closed at $107.27

Several brokerages have recently commented on CTAS. Zacks Investment Research raised Cintas Corp. from a “sell” rating to a “hold” rating and set a $120.00 target price for the company in a report on Thursday, July 21st. Nomura reaffirmed a “buy” rating on shares of Cintas Corp. in a report on Sunday, July 17th. Piper Jaffray Cos. reaffirmed a “neutral” rating and set a $106.00 target price (up from $95.00) on shares of Cintas Corp. in a report on Wednesday, July 20th. Barclays PLC reduced their target price on Cintas Corp. from $105.00 to $95.00 and set an “equal weight” rating for the company in a report on Wednesday, July 20th. Finally, KeyCorp raised Cintas Corp. from a “sector weight” rating to an “overweight” rating and set a $106.00 target price for the company in a report on Wednesday, April 13th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $96.78.

The firm has a market cap of $11.18 billion and a PE ratio of 17.19. The firm’s 50-day moving average is $98.81 and its 200-day moving average is $91.01.

Cintas Corp. (NASDAQ:CTAS) last released its quarterly earnings results on Tuesday, July 19th. The company reported $1.08 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.00 by $0.08. The business had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.25 billion. During the same period in the prior year, the business earned $0.86 earnings per share. On average, equities research analysts predict that Cintas Corp. will post $4.43 EPS for the current fiscal year.

In other news, Director Gerald S. Adolph sold 1,000 shares of Cintas Corp. stock in a transaction on Thursday, May 5th. The stock was sold at an average price of $90.21, for a total value of $90,210.00. Following the completion of the sale, the director now directly owns 11,590 shares of the company’s stock, valued at approximately $1,045,533.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gerald S. Adolph sold 2,000 shares of Cintas Corp. stock in a transaction on Monday, July 25th. The shares were sold at an average price of $108.12, for a total value of $216,240.00. Following the completion of the sale, the director now directly owns 11,590 shares of the company’s stock, valued at $1,253,110.80. The disclosure for this sale can be found here.

Several large investors have recently added to or reduced their stakes in CTAS. Mitsubishi UFJ Kokusai Asset Management CO. LTD. boosted its stake in Cintas Corp. by 1.9% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 12,384 shares of the company’s stock valued at $1,128,000 after buying an additional 230 shares during the period. Pittenger & Anderson Inc. boosted its stake in Cintas Corp. by 14.8% in the fourth quarter. Pittenger & Anderson Inc. now owns 16,241 shares of the company’s stock valued at $1,479,000 after buying an additional 2,095 shares during the period. Advisors Asset Management Inc. boosted its stake in Cintas Corp. by 0.3% in the fourth quarter. Advisors Asset Management Inc. now owns 17,264 shares of the company’s stock valued at $1,572,000 after buying an additional 55 shares during the period. Aberdeen Asset Management PLC UK boosted its stake in Cintas Corp. by 19.3% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 18,326 shares of the company’s stock valued at $1,693,000 after buying an additional 2,967 shares during the period. Finally, GSA Capital Partners LLP boosted 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 period.

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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