Farmers Trust Co. increased its position in shares of Cincinnati Financial Corp. (NASDAQ:CINF) by 3.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 35,823 shares of the company’s stock after buying an additional 1,302 shares during the period. Farmers Trust Co.’s holdings in Cincinnati Financial Corp. were worth $2,702,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in CINF. Vanguard Group Inc. raised its position in shares of Cincinnati Financial Corp. by 3.2% in the second quarter. Vanguard Group Inc. now owns 14,818,764 shares of the company’s stock valued at $1,109,777,000 after buying an additional 462,130 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Cincinnati Financial Corp. by 7.2% in the second quarter. JPMorgan Chase & Co. now owns 2,635,094 shares of the company’s stock valued at $197,342,000 after buying an additional 176,335 shares in the last quarter. Royal Bank of Canada raised its position in shares of Cincinnati Financial Corp. by 2.3% in the second quarter. Royal Bank of Canada now owns 1,754,654 shares of the company’s stock valued at $131,405,000 after buying an additional 40,179 shares in the last quarter. Janus Capital Management LLC raised its position in shares of Cincinnati Financial Corp. by 35.4% in the second quarter. Janus Capital Management LLC now owns 1,637,632 shares of the company’s stock valued at $122,642,000 after buying an additional 428,092 shares in the last quarter. Finally, BlackRock Group LTD raised its position in shares of Cincinnati Financial Corp. by 7.4% in the second quarter. BlackRock Group LTD now owns 1,536,535 shares of the company’s stock valued at $115,071,000 after buying an additional 106,023 shares in the last quarter. Institutional investors and hedge funds own 60.35% of the company’s stock.

Institutional Ownership by Quarter for Cincinnati Financial Corp. (NASDAQ:CINF)

Cincinnati Financial Corp. (NASDAQ:CINF) traded down 0.48% during midday trading on Wednesday, reaching $76.74. The company’s stock had a trading volume of 2,028,130 shares. Cincinnati Financial Corp. has a 52 week low of $53.64 and a 52 week high of $78.09. The company’s 50-day moving average is $72.72 and its 200 day moving average is $73.40. The firm has a market capitalization of $12.64 billion, a P/E ratio of 19.73 and a beta of 0.82.

Cincinnati Financial Corp. (NASDAQ:CINF) last released its quarterly earnings data on Tuesday, October 25th. The company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.08. Cincinnati Financial Corp. had a net margin of 11.98% and a return on equity of 8.34%. The company earned $1.40 billion during the quarter, compared to the consensus estimate of $1.03 billion. During the same quarter in the prior year, the firm posted $1.04 earnings per share. Analysts expect that Cincinnati Financial Corp. will post $3.20 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 17th. Stockholders of record on Wednesday, December 21st will be paid a dividend of $0.48 per share. The ex-dividend date of this dividend is Monday, December 19th. This represents a $1.92 annualized dividend and a dividend yield of 2.50%. Cincinnati Financial Corp.’s dividend payout ratio (DPR) is 49.36%.

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Separately, Zacks Investment Research lowered Cincinnati Financial Corp. from a “buy” rating to a “hold” rating in a research note on Tuesday, September 27th.

In other Cincinnati Financial Corp. news, Director David P. Osborn bought 500 shares of the firm’s stock in a transaction dated Friday, November 4th. The stock was acquired at an average price of $68.44 per share, for a total transaction of $34,220.00. Following the completion of the purchase, the director now owns 19,845 shares of the company’s stock, valued at $1,358,191.80. The acquisition was disclosed in a filing with the SEC, which is available through this link. Insiders own 9.22% of the company’s stock.

Cincinnati Financial Corp. Company Profile

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 over 40 states. It operates through five segments: Commercial lines insurance, Personal lines insurance, Excess and surplus lines insurance, Life insurance and Investments.

5 Day Chart for NASDAQ:CINF

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