Cincinnati Financial Corporation (CINF) Shares Sold by AHL Partners LLP

AHL Partners LLP lowered its stake in Cincinnati Financial Corporation (NASDAQ:CINF) by 56.9% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 43,128 shares of the insurance provider’s stock after selling 56,852 shares during the quarter. AHL Partners LLP’s holdings in Cincinnati Financial Corporation were worth $3,125,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Seven Eight Capital LP purchased a new position in Cincinnati Financial Corporation in the 2nd quarter valued at $101,000. Korea Investment CORP lifted its holdings in Cincinnati Financial Corporation by 142.0% in the 2nd quarter. Korea Investment CORP now owns 1,452 shares of the insurance provider’s stock valued at $105,000 after purchasing an additional 852 shares in the last quarter. People s United Financial Inc. lifted its holdings in Cincinnati Financial Corporation by 6.5% in the 2nd quarter. People s United Financial Inc. now owns 1,802 shares of the insurance provider’s stock valued at $131,000 after purchasing an additional 110 shares in the last quarter. First Heartland Consultants Inc. purchased a new position in Cincinnati Financial Corporation in the 2nd quarter valued at $210,000. Finally, Pacer Advisors Inc. lifted its holdings in Cincinnati Financial Corporation by 3.1% in the 1st quarter. Pacer Advisors Inc. now owns 2,916 shares of the insurance provider’s stock valued at $211,000 after purchasing an additional 88 shares in the last quarter. 63.10% of the stock is currently owned by hedge funds and other institutional investors.

COPYRIGHT VIOLATION NOTICE: “Cincinnati Financial Corporation (CINF) Shares Sold by AHL Partners LLP” was posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this story on another publication, it was illegally copied and reposted in violation of U.S. and international copyright and trademark legislation. The legal version of this story can be read at https://ledgergazette.com/2017/10/11/cincinnati-financial-corporation-cinf-shares-sold-by-ahl-partners-llp.html.

A number of research analysts have weighed in on the company. BidaskClub lowered Cincinnati Financial Corporation from a “sell” rating to a “strong sell” rating in a report on Saturday, June 24th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $70.00 price objective on shares of Cincinnati Financial Corporation in a report on Friday, August 18th. Finally, Zacks Investment Research upgraded Cincinnati Financial Corporation from a “hold” rating to a “buy” rating and set a $85.00 price objective on the stock in a report on Tuesday, September 19th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $79.25.

Cincinnati Financial Corporation (CINF) opened at 77.12 on Wednesday. The firm has a 50-day moving average price of $76.42 and a 200-day moving average price of $73.62. Cincinnati Financial Corporation has a one year low of $68.11 and a one year high of $81.98. The stock has a market cap of $12.65 billion, a price-to-earnings ratio of 22.10 and a beta of 0.90.

Cincinnati Financial Corporation (NASDAQ:CINF) last posted its earnings results on Wednesday, August 2nd. The insurance provider reported $0.64 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.18. The company had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.38 billion. Cincinnati Financial Corporation had a return on equity of 6.57% and a net margin of 10.33%. Cincinnati Financial Corporation’s revenue was up 1.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.57 earnings per share. On average, equities analysts predict that Cincinnati Financial Corporation will post $2.83 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Friday, September 22nd will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.59%. The ex-dividend date is Thursday, September 21st. Cincinnati Financial Corporation’s dividend payout ratio (DPR) is 57.31%.

Cincinnati Financial Corporation Company Profile

Other institutional investors also recently added to or reduced their stakes in the company. Seven Eight Capital LP purchased a new position in Cincinnati Financial Corporation in the 2nd quarter valued at $101,000. Korea Investment CORP lifted its holdings in Cincinnati Financial Corporation by 142.0% in the 2nd quarter. Korea Investment CORP now owns 1,452 shares of the insurance provider’s stock valued at $105,000 after purchasing an additional 852 shares in the last quarter. People s United Financial Inc. lifted its holdings in Cincinnati Financial Corporation by 6.5% in the 2nd quarter. People s United Financial Inc. now owns 1,802 shares of the insurance provider’s stock valued at $131,000 after purchasing an additional 110 shares in the last quarter. First Heartland Consultants Inc. purchased a new position in Cincinnati Financial Corporation in the 2nd quarter valued at $210,000. Finally, Pacer Advisors Inc. lifted its holdings in Cincinnati Financial Corporation by 3.1% in the 1st quarter. Pacer Advisors Inc. now owns 2,916 shares of the insurance provider’s stock valued at $211,000 after purchasing an additional 88 shares in the last quarter. 63.10% of the stock is currently owned by hedge funds and other institutional investors.

COPYRIGHT VIOLATION NOTICE: “Cincinnati Financial Corporation (CINF) Shares Sold by AHL Partners LLP” was posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this story on another publication, it was illegally copied and reposted in violation of U.S. and international copyright and trademark legislation. The legal version of this story can be read at https://ledgergazette.com/2017/10/11/cincinnati-financial-corporation-cinf-shares-sold-by-ahl-partners-llp.html.

A number of research analysts have weighed in on the company. BidaskClub lowered Cincinnati Financial Corporation from a “sell” rating to a “strong sell” rating in a report on Saturday, June 24th. Keefe, Bruyette & Woods restated a “hold” rating and issued a $70.00 price objective on shares of Cincinnati Financial Corporation in a report on Friday, August 18th. Finally, Zacks Investment Research upgraded Cincinnati Financial Corporation from a “hold” rating to a “buy” rating and set a $85.00 price objective on the stock in a report on Tuesday, September 19th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $79.25.

Cincinnati Financial Corporation (CINF) opened at 77.12 on Wednesday. The firm has a 50-day moving average price of $76.42 and a 200-day moving average price of $73.62. Cincinnati Financial Corporation has a one year low of $68.11 and a one year high of $81.98. The stock has a market cap of $12.65 billion, a price-to-earnings ratio of 22.10 and a beta of 0.90.

Cincinnati Financial Corporation (NASDAQ:CINF) last posted its earnings results on Wednesday, August 2nd. The insurance provider reported $0.64 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.18. The company had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.38 billion. Cincinnati Financial Corporation had a return on equity of 6.57% and a net margin of 10.33%. Cincinnati Financial Corporation’s revenue was up 1.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.57 earnings per share. On average, equities analysts predict that Cincinnati Financial Corporation will post $2.83 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Friday, September 22nd will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.59%. The ex-dividend date is Thursday, September 21st. Cincinnati Financial Corporation’s dividend payout ratio (DPR) is 57.31%.

Cincinnati Financial Corporation Company Profile

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.

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

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