Cincinnati Financial Corporation (NASDAQ:CINF) Holdings Trimmed by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lessened its stake in Cincinnati Financial Corporation (NASDAQ:CINF - Free Report) by 42.8% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 66,662 shares of the insurance provider's stock after selling 49,917 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Cincinnati Financial were worth $9,847,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. CWA Asset Management Group LLC lifted its holdings in Cincinnati Financial by 4.1% during the 1st quarter. CWA Asset Management Group LLC now owns 2,385 shares of the insurance provider's stock worth $352,000 after buying an additional 94 shares during the last quarter. Merit Financial Group LLC lifted its stake in Cincinnati Financial by 88.4% during the first quarter. Merit Financial Group LLC now owns 8,047 shares of the insurance provider's stock worth $1,189,000 after purchasing an additional 3,776 shares during the last quarter. Captrust Financial Advisors boosted its holdings in Cincinnati Financial by 13.6% in the fourth quarter. Captrust Financial Advisors now owns 17,685 shares of the insurance provider's stock worth $2,541,000 after purchasing an additional 2,122 shares during the period. AEGON ASSET MANAGEMENT UK Plc increased its stake in Cincinnati Financial by 7.4% during the first quarter. AEGON ASSET MANAGEMENT UK Plc now owns 378,384 shares of the insurance provider's stock valued at $55,802,000 after purchasing an additional 25,926 shares during the last quarter. Finally, New York Life Investment Management LLC raised its holdings in shares of Cincinnati Financial by 11.5% during the fourth quarter. New York Life Investment Management LLC now owns 23,117 shares of the insurance provider's stock worth $3,322,000 after purchasing an additional 2,383 shares during the period. Institutional investors own 65.24% of the company's stock.

Wall Street Analyst Weigh In

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

Cincinnati Financial Price Performance

Cincinnati Financial stock traded up $2.69 during mid-day trading on Monday, hitting $148.92. The company's stock had a trading volume of 721,137 shares, compared to its average volume of 656,948. The stock has a market capitalization of $23.28 billion, a P/E ratio of 16.24, a P/E/G ratio of 9.71 and a beta of 0.78. Cincinnati Financial Corporation has a twelve month low of $114.75 and a twelve month high of $161.75. The stock's fifty day moving average price is $145.35 and its two-hundred day moving average price is $142.06. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 0.06.

Cincinnati Financial (NASDAQ:CINF - Get Free Report) last issued its earnings results 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 business had revenue of $2.34 billion for the quarter, compared to analysts' expectations of $2.70 billion. During the same period in the previous year, the firm posted $1.72 EPS. The company's quarterly revenue was up 13.2% on a year-over-year basis. Research analysts forecast that Cincinnati Financial Corporation will post 5.36 earnings per share for the current year.

Cincinnati Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders 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 yield of 2.34%. The ex-dividend date of this dividend is Monday, June 23rd. Cincinnati Financial's dividend payout ratio is presently 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.