Siemens Fonds Invest GmbH Buys 3,488 Shares of Cincinnati Financial Co. (NASDAQ:CINF)

Siemens Fonds Invest GmbH increased its position in shares of Cincinnati Financial Co. (NASDAQ:CINF - Free Report) by 165.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,597 shares of the insurance provider's stock after purchasing an additional 3,488 shares during the period. Siemens Fonds Invest GmbH's holdings in Cincinnati Financial were worth $804,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in CINF. Barclays PLC lifted its holdings in Cincinnati Financial by 13.1% during the 3rd quarter. Barclays PLC now owns 534,361 shares of the insurance provider's stock worth $72,736,000 after purchasing an additional 61,801 shares during the last quarter. Blue Trust Inc. increased its stake in shares of Cincinnati Financial by 5.1% in the 4th quarter. Blue Trust Inc. now owns 11,039 shares of the insurance provider's stock valued at $1,503,000 after purchasing an additional 540 shares during the last quarter. KBC Group NV grew its position in Cincinnati Financial by 19.2% during the 4th quarter. KBC Group NV now owns 37,817 shares of the insurance provider's stock worth $5,434,000 after acquiring an additional 6,096 shares during the last quarter. Pacer Advisors Inc. grew its position in Cincinnati Financial by 33.5% during the 4th quarter. Pacer Advisors Inc. now owns 18,919 shares of the insurance provider's stock worth $2,719,000 after acquiring an additional 4,750 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its position in Cincinnati Financial by 92.5% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 116,579 shares of the insurance provider's stock worth $16,752,000 after acquiring an additional 56,005 shares during the last quarter. 65.24% of the stock is owned by institutional investors and hedge funds.

Cincinnati Financial Trading Up 0.5%

Shares of NASDAQ CINF traded up $0.78 during trading on Monday, reaching $151.60. The company had a trading volume of 537,201 shares, compared to its average volume of 664,017. The company's fifty day moving average price is $141.15 and its 200-day moving average price is $143.16. Cincinnati Financial Co. has a 12 month low of $111.92 and a 12 month high of $161.75. The stock has a market cap of $23.70 billion, a P/E ratio of 10.44, a PEG ratio of 8.30 and a beta of 0.73. The company has a quick ratio of 0.31, a current ratio of 0.29 and a debt-to-equity ratio of 0.06.

Cincinnati Financial (NASDAQ:CINF - Get Free Report) last released its quarterly earnings results on Monday, April 28th. The insurance provider reported ($0.24) EPS for the quarter, beating analysts' consensus estimates of ($0.61) by $0.37. The firm had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.70 billion. Cincinnati Financial had a return on equity of 9.01% and a net margin of 20.22%. The business's revenue was up 13.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.72 EPS. As a group, research analysts expect that Cincinnati Financial Co. will post 5.36 earnings per share for the current year.

Cincinnati Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Investors 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 2.30%. The ex-dividend date is Monday, June 23rd. Cincinnati Financial's dividend payout ratio (DPR) is currently 37.95%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on CINF. Wall Street Zen upgraded Cincinnati Financial from a "sell" rating to a "hold" rating in a research report on Thursday, April 17th. Roth Mkm upped their price target on Cincinnati Financial from $140.00 to $160.00 and gave the company a "buy" rating in a research report on Wednesday, February 12th. Finally, Keefe, Bruyette & Woods reduced their price target on Cincinnati Financial from $182.00 to $148.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 9th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Cincinnati Financial has an average rating of "Moderate Buy" and a consensus target price of $147.40.

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.