Revisor Wealth Management LLC Buys 15,056 Shares of Cincinnati Financial Corporation (NASDAQ:CINF)

Revisor Wealth Management LLC lifted its holdings in Cincinnati Financial Corporation (NASDAQ:CINF - Free Report) by 120.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 27,606 shares of the insurance provider's stock after purchasing an additional 15,056 shares during the quarter. Cincinnati Financial comprises 1.8% of Revisor Wealth Management LLC's holdings, making the stock its 11th biggest position. Revisor Wealth Management LLC's holdings in Cincinnati Financial were worth $4,102,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of CINF. Spire Wealth Management grew its position in shares of Cincinnati Financial by 77.6% in the 1st quarter. Spire Wealth Management now owns 174 shares of the insurance provider's stock valued at $26,000 after purchasing an additional 76 shares during the period. Alpine Bank Wealth Management acquired a new position in shares of Cincinnati Financial in the 1st quarter valued at approximately $30,000. GoalVest Advisory LLC boosted its position in Cincinnati Financial by 65.4% during the 1st quarter. GoalVest Advisory LLC now owns 258 shares of the insurance provider's stock worth $38,000 after acquiring an additional 102 shares during the last quarter. Whipplewood Advisors LLC boosted its position in Cincinnati Financial by 333.3% during the 1st quarter. Whipplewood Advisors LLC now owns 260 shares of the insurance provider's stock worth $38,000 after acquiring an additional 200 shares during the last quarter. Finally, Capital Advisors Ltd. LLC boosted its position in Cincinnati Financial by 5,000.0% during the 1st quarter. Capital Advisors Ltd. LLC now owns 255 shares of the insurance provider's stock worth $38,000 after acquiring an additional 250 shares during the last quarter. 65.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on CINF. Keefe, Bruyette & Woods reduced their price target on Cincinnati Financial from $182.00 to $148.00 and set an "outperform" rating for the company in a research report on Wednesday, April 9th. Wall Street Zen raised Cincinnati Financial from a "sell" rating to a "hold" rating in a research report on Thursday, April 17th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $150.50.

Cincinnati Financial Stock Up 1.7%

NASDAQ:CINF traded up $2.43 during trading hours on Friday, reaching $148.54. 472,524 shares of the stock were exchanged, compared to its average volume of 653,133. Cincinnati Financial Corporation has a twelve month low of $115.43 and a twelve month high of $161.75. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.29 and a quick ratio of 0.29. The firm has a 50 day moving average of $146.90 and a 200 day moving average of $142.09. The stock has a market cap of $23.22 billion, a PE ratio of 16.20, a PEG ratio of 9.87 and a beta of 0.76.

Cincinnati Financial (NASDAQ:CINF - Get Free Report) last announced its quarterly earnings data on Monday, April 28th. The insurance provider reported ($0.24) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.61) by $0.37. Cincinnati Financial had a return on equity of 6.55% and a net margin of 13.19%. The company had revenue of $2.34 billion for the quarter, compared to analysts' expectations of $2.70 billion. During the same quarter in the prior year, the business posted $1.72 EPS. The business's revenue was up 13.2% compared to the same quarter last year. On average, equities analysts expect that Cincinnati Financial Corporation will post 5.36 earnings per share for the current year.

Cincinnati Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 23rd will be paid a dividend of $0.87 per share. This represents a $3.48 dividend on an annualized basis and a dividend yield of 2.34%. The ex-dividend date is Monday, June 23rd. Cincinnati Financial's dividend payout ratio is currently 37.95%.

About Cincinnati Financial

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