Cincinnati Financial Co. (NASDAQ:CINF) has been given an average rating of “Hold” by the six ratings firms that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has given a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $77.33.

A number of brokerages recently commented on CINF. Langen Mcalenn reaffirmed a “neutral” rating on shares of Cincinnati Financial in a research report on Tuesday. Zacks Investment Research cut shares of Cincinnati Financial from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, BidaskClub cut shares of Cincinnati Financial from a “sell” rating to a “strong sell” rating in a research note on Wednesday, January 10th.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Seven Eight Capital LP acquired a new stake in shares of Cincinnati Financial in the second quarter worth $101,000. Canada Pension Plan Investment Board lifted its stake in shares of Cincinnati Financial by 12,727.3% in the third quarter. Canada Pension Plan Investment Board now owns 1,411 shares of the insurance provider’s stock worth $108,000 after buying an additional 1,400 shares during the last quarter. People s United Financial Inc. lifted its stake in shares of Cincinnati Financial by 6.5% in the second quarter. People s United Financial Inc. now owns 1,802 shares of the insurance provider’s stock worth $131,000 after buying an additional 110 shares during the last quarter. San Francisco Sentry Investment Group CA acquired a new stake in shares of Cincinnati Financial in the second quarter worth $152,000. Finally, WFG Advisors LP lifted its stake in shares of Cincinnati Financial by 39.4% in the second quarter. WFG Advisors LP now owns 2,542 shares of the insurance provider’s stock worth $184,000 after buying an additional 718 shares during the last quarter. Hedge funds and other institutional investors own 64.45% of the company’s stock.

Cincinnati Financial (NASDAQ CINF) opened at $75.06 on Thursday. Cincinnati Financial has a 1 year low of $68.24 and a 1 year high of $81.98. The company has a market cap of $12,174.13, a P/E ratio of 24.85 and a beta of 0.93. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.11.

Cincinnati Financial (NASDAQ:CINF) last announced its quarterly earnings data on Thursday, October 26th. The insurance provider reported $0.58 EPS for the quarter, beating the Zacks’ consensus estimate of $0.53 by $0.05. Cincinnati Financial had a net margin of 8.93% and a return on equity of 5.85%. The firm had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.42 billion. During the same period in the previous year, the firm posted $0.86 earnings per share. The firm’s revenue was up .7% on a year-over-year basis. equities analysts anticipate that Cincinnati Financial will post 2.65 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 16th. Shareholders of record on Wednesday, December 20th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.66%. The ex-dividend date was Tuesday, December 19th. Cincinnati Financial’s dividend payout ratio (DPR) is presently 66.23%.

TRADEMARK VIOLATION WARNING: This piece was originally posted by Daily Political and is owned by of Daily Political. If you are accessing this piece on another domain, it was copied illegally and reposted in violation of United States & international copyright laws. The correct version of this piece can be read at https://www.dailypolitical.com/2018/01/18/cincinnati-financial-co-cinf-receives-average-rating-of-hold-from-brokerages.html.

About Cincinnati Financial

Cincinnati Financial Corporation is an insurance holding company. It operates through five segments: Commercial lines insurance, Personal lines insurance, Excess and surplus lines insurance, and Life insurance and Investments. Its Commercial Lines Insurance Segment provides five commercial business lines: commercial casualty, commercial property, commercial auto, workers’ compensation and other commercial lines.

Receive News & Ratings for Cincinnati Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cincinnati Financial and related companies with MarketBeat.com's FREE daily email newsletter.