Shares of Cincinnati Financial Co. (NASDAQ:CINF) have been assigned a consensus rating of “Hold” from the seven brokerages that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $77.00.

A number of research analysts recently issued reports on CINF shares. BidaskClub upgraded shares of Cincinnati Financial from a “sell” rating to a “hold” rating in a report on Tuesday, September 11th. ValuEngine raised shares of Cincinnati Financial from a “hold” rating to a “buy” rating in a research note on Tuesday, October 9th. Zacks Investment Research lowered shares of Cincinnati Financial from a “hold” rating to a “sell” rating in a research note on Monday, July 16th. Credit Suisse Group started coverage on shares of Cincinnati Financial in a research note on Tuesday, August 7th. They issued an “underperform” rating and a $70.00 price target on the stock. Finally, Sandler O’Neill reaffirmed a “neutral” rating on shares of Cincinnati Financial in a research note on Friday, July 27th.

NASDAQ CINF traded up $1.46 during trading on Wednesday, reaching $75.75. 745,200 shares of the stock traded hands, compared to its average volume of 539,214. The stock has a market cap of $12.49 billion, a P/E ratio of 27.14 and a beta of 0.83. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.27 and a current ratio of 0.27. Cincinnati Financial has a fifty-two week low of $66.33 and a fifty-two week high of $79.67.

Cincinnati Financial (NASDAQ:CINF) last issued its quarterly earnings data on Thursday, July 26th. The insurance provider reported $0.81 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.54 by $0.27. The firm had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.43 billion. Cincinnati Financial had a net margin of 16.59% and a return on equity of 6.36%. The business’s revenue for the quarter was up 12.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.64 earnings per share. Analysts predict that Cincinnati Financial will post 3.15 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, October 15th. Shareholders of record on Wednesday, September 19th were paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 2.80%. The ex-dividend date was Tuesday, September 18th. Cincinnati Financial’s payout ratio is currently 77.37%.

A number of institutional investors and hedge funds have recently made changes to their positions in CINF. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in Cincinnati Financial in the second quarter valued at approximately $107,000. Advisors Asset Management Inc. lifted its stake in Cincinnati Financial by 3,953.5% in the second quarter. Advisors Asset Management Inc. now owns 132,143 shares of the insurance provider’s stock valued at $133,000 after buying an additional 128,883 shares in the last quarter. NEXT Financial Group Inc bought a new stake in shares of Cincinnati Financial in the third quarter worth $154,000. Dupont Capital Management Corp lifted its position in shares of Cincinnati Financial by 68.3% in the second quarter. Dupont Capital Management Corp now owns 2,498 shares of the insurance provider’s stock worth $167,000 after purchasing an additional 1,014 shares in the last quarter. Finally, Denali Advisors LLC bought a new stake in shares of Cincinnati Financial in the third quarter worth $200,000. 62.21% of the stock is currently owned by hedge funds and other institutional investors.

Cincinnati Financial Company Profile

Cincinnati Financial Corporation provides property casualty insurance products in the United States. The company operates in five segments: Commercial Lines Insurance, Personal Lines Insurance, Excess and Surplus Lines Insurance, Life Insurance, and Investments. The Commercial Lines Insurance segment provides coverage for commercial casualty, commercial property, commercial auto, and workers' compensation.

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