Aware Super Pty Ltd as trustee of Aware Super Buys Shares of 19,499 Cincinnati Financial Co. (NASDAQ:CINF)

Aware Super Pty Ltd as trustee of Aware Super acquired a new stake in shares of Cincinnati Financial Co. (NASDAQ:CINF - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 19,499 shares of the insurance provider's stock, valued at approximately $2,802,000.

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Other institutional investors also recently bought and sold shares of the company. Oak Thistle LLC grew its stake in Cincinnati Financial by 177.8% in the 4th quarter. Oak Thistle LLC now owns 8,570 shares of the insurance provider's stock valued at $1,232,000 after buying an additional 5,485 shares during the last quarter. World Investment Advisors LLC bought a new stake in Cincinnati Financial in the 3rd quarter valued at $546,000. JPMorgan Chase & Co. boosted its position in shares of Cincinnati Financial by 49.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 445,337 shares of the insurance provider's stock valued at $60,619,000 after acquiring an additional 147,542 shares in the last quarter. Principal Financial Group Inc. increased its stake in Cincinnati Financial by 2.7% in the third quarter. Principal Financial Group Inc. now owns 191,149 shares of the insurance provider's stock valued at $26,019,000 after acquiring an additional 5,097 shares during the period. Finally, New York Life Investment Management LLC raised its position in Cincinnati Financial by 11.5% in 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 in the last quarter. 65.24% of the stock is currently owned by institutional investors.

Cincinnati Financial Trading Up 1.7 %

Shares of CINF stock opened at $133.31 on Tuesday. The stock has a 50 day simple moving average of $139.95 and a 200 day simple moving average of $142.74. The stock has a market cap of $20.87 billion, a P/E ratio of 9.18, a price-to-earnings-growth ratio of 8.30 and a beta of 0.53. The company has a current ratio of 0.29, a quick ratio of 0.31 and a debt-to-equity ratio of 0.06. Cincinnati Financial Co. has a 1 year low of $109.93 and a 1 year high of $161.75.

Cincinnati Financial (NASDAQ:CINF - Get Free Report) last released its quarterly earnings data on Monday, February 10th. The insurance provider reported $3.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.90 by $1.24. Cincinnati Financial had a net margin of 20.22% and a return on equity of 9.01%. On average, research analysts predict that Cincinnati Financial Co. will post 5.36 earnings per share for the current fiscal year.

Cincinnati Financial Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 24th will be given a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date is Monday, March 24th. This is a positive change from Cincinnati Financial's previous quarterly dividend of $0.81. Cincinnati Financial's payout ratio is 23.97%.

Wall Street Analysts Forecast Growth

CINF has been the topic of several recent analyst reports. Keefe, Bruyette & Woods reduced their target price on shares of Cincinnati Financial from $182.00 to $148.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 9th. StockNews.com cut Cincinnati Financial from a "hold" rating to a "sell" rating in a research note on Wednesday, April 9th. Finally, Roth Mkm increased their price objective on shares of Cincinnati Financial from $140.00 to $160.00 and gave the company a "buy" rating in a report on Wednesday, February 12th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $147.40.

View Our Latest Stock Report on CINF

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.

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