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198,196 Shares in Cincinnati Financial Corporation $CINF Bought by PFA Pension Forsikringsaktieselskab

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Key Points

  • PFA Pension bought 198,196 shares of Cincinnati Financial (NASDAQ:CINF) in the fourth quarter, a new position worth about $32.7 million, roughly 0.13% of the company.
  • Cincinnati Financial beat estimates in its most recent quarter, reporting $2.10 EPS vs. $1.93 expected and $2.86 billion in revenue (up 11.6% year‑over‑year), with a 21.33% net margin and 10.57% ROE.
  • Analyst sentiment is generally positive—a consensus "Buy" with an average target of $178.75—while the stock trades near $162 with a PE of 9.27 and a $25.1 billion market cap.
  • Five stocks we like better than Cincinnati Financial.

PFA Pension Forsikringsaktieselskab purchased a new position in shares of Cincinnati Financial Corporation (NASDAQ:CINF - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 198,196 shares of the insurance provider's stock, valued at approximately $32,692,000. PFA Pension Forsikringsaktieselskab owned approximately 0.13% of Cincinnati Financial as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Lodestone Wealth Management LLC purchased a new stake in Cincinnati Financial during the fourth quarter worth $25,000. LRI Investments LLC purchased a new stake in Cincinnati Financial during the third quarter worth $29,000. Redmont Wealth Advisors LLC purchased a new stake in Cincinnati Financial during the third quarter worth $30,000. Quent Capital LLC purchased a new stake in Cincinnati Financial during the third quarter worth $34,000. Finally, Oakworth Capital Inc. purchased a new stake in Cincinnati Financial during the fourth quarter worth $46,000. 65.24% of the stock is owned by hedge funds and other institutional investors.

Cincinnati Financial Stock Performance

NASDAQ:CINF opened at $162.05 on Monday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.28 and a current ratio of 0.28. The company has a fifty day moving average of $162.69 and a two-hundred day moving average of $162.55. The stock has a market capitalization of $25.07 billion, a PE ratio of 9.27, a P/E/G ratio of 3.52 and a beta of 0.59. Cincinnati Financial Corporation has a fifty-two week low of $140.47 and a fifty-two week high of $174.27.

Cincinnati Financial (NASDAQ:CINF - Get Free Report) last posted its quarterly earnings data on Monday, April 27th. The insurance provider reported $2.10 earnings per share for the quarter, topping analysts' consensus estimates of $1.93 by $0.17. The company had revenue of $2.86 billion during the quarter, compared to analysts' expectations of $2.61 billion. Cincinnati Financial had a net margin of 21.33% and a return on equity of 10.57%. The firm's revenue for the quarter was up 11.6% on a year-over-year basis. During the same period in the prior year, the business posted ($0.24) earnings per share. As a group, research analysts forecast that Cincinnati Financial Corporation will post 8.59 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on CINF. Roth Mkm upped their price objective on shares of Cincinnati Financial from $175.00 to $190.00 and gave the stock a "buy" rating in a research report on Tuesday, April 28th. Wall Street Zen cut shares of Cincinnati Financial from a "buy" rating to a "hold" rating in a research report on Sunday, February 8th. Weiss Ratings upgraded shares of Cincinnati Financial from a "buy (b)" rating to a "buy (a-)" rating in a research report on Tuesday, April 21st. Bank of America reduced their price objective on shares of Cincinnati Financial from $178.00 to $177.00 and set a "buy" rating for the company in a research report on Tuesday, April 14th. Finally, Keefe, Bruyette & Woods upped their price objective on shares of Cincinnati Financial from $190.00 to $191.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Cincinnati Financial currently has a consensus rating of "Buy" and an average target price of $178.75.

Check Out Our Latest Analysis on Cincinnati Financial

About Cincinnati Financial

(Free Report)

Cincinnati Financial Corporation NASDAQ: CINF is an insurance holding company headquartered in the Cincinnati area of Ohio that provides property and casualty insurance products and related services. Founded as part of the Cincinnati Insurance group, the company operates through a set of insurance subsidiaries to underwrite and service policies for both personal and commercial customers. Cincinnati Financial is publicly traded and emphasizes underwriting discipline and long-term relationships with its distribution partners and policyholders.

The company's core business centers on property and casualty insurance, including homeowners, automobile, commercial casualty, commercial multi-peril, and specialty commercial coverages.

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

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