Cincinnati Financial Co. (NASDAQ:CINF) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC trimmed its stake in shares of Cincinnati Financial Co. (NASDAQ:CINF - Free Report) by 4.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 74,118 shares of the insurance provider's stock after selling 3,671 shares during the period. Yousif Capital Management LLC's holdings in Cincinnati Financial were worth $10,949,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in CINF. GoalVest Advisory LLC raised its position in shares of 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 purchasing an additional 102 shares during the last quarter. Whipplewood Advisors LLC increased its stake 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 buying an additional 200 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Cincinnati Financial by 157.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 335 shares of the insurance provider's stock valued at $48,000 after acquiring an additional 205 shares during the last quarter. McClarren Financial Advisors Inc. purchased a new position in shares of Cincinnati Financial in the fourth quarter valued at approximately $50,000. Finally, Kentucky Trust Co purchased a new position in shares of Cincinnati Financial in the fourth quarter valued at approximately $51,000. 65.24% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently commented on CINF shares. Wall Street Zen raised Cincinnati Financial from a "sell" rating to a "hold" rating in a research note on Thursday, April 17th. Keefe, Bruyette & Woods dropped their target price on shares of Cincinnati Financial from $182.00 to $148.00 and set an "outperform" rating for the company in a report on Wednesday, April 9th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, Cincinnati Financial presently has a consensus rating of "Moderate Buy" and an average target price of $147.40.

Cincinnati Financial Price Performance

Shares of Cincinnati Financial stock traded down $1.89 on Friday, hitting $146.36. 440,848 shares of the company were exchanged, compared to its average volume of 661,907. Cincinnati Financial Co. has a 1-year low of $112.27 and a 1-year high of $161.75. The company has a quick ratio of 0.31, a current ratio of 0.29 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $22.88 billion, a price-to-earnings ratio of 10.08, a price-to-earnings-growth ratio of 8.30 and a beta of 0.78. The company has a 50-day moving average price of $142.63 and a 200 day moving average price of $142.95.

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, beating the consensus estimate of ($0.61) by $0.37. Cincinnati Financial had a return on equity of 9.01% and a net margin of 20.22%. The company had revenue of $2.34 billion during the quarter, compared to analysts' expectations of $2.70 billion. During the same period in the prior year, the business earned $1.72 EPS. The firm's quarterly revenue was up 13.2% on a year-over-year basis. As a group, sell-side analysts predict that Cincinnati Financial Co. will post 5.36 earnings per share for the current fiscal year.

Cincinnati Financial Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 23rd will be paid a $0.87 dividend. The ex-dividend date is Monday, June 23rd. This represents a $3.48 annualized dividend and a dividend yield of 2.38%. Cincinnati Financial's dividend payout ratio (DPR) is 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.