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

Aware Super Pty Ltd as trustee of Aware Super acquired a new stake in Cincinnati Financial Co. (NASDAQ:CINF - Free Report) during the fourth quarter, according to 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.

A number of other hedge funds have also added to or reduced their stakes in CINF. Oak Thistle LLC boosted its stake in shares of 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 purchasing an additional 5,485 shares in the last quarter. World Investment Advisors LLC acquired a new stake in Cincinnati Financial in the third quarter valued at approximately $546,000. JPMorgan Chase & Co. grew its stake in shares of Cincinnati Financial by 49.5% during the third quarter. JPMorgan Chase & Co. now owns 445,337 shares of the insurance provider's stock worth $60,619,000 after buying an additional 147,542 shares during the last quarter. Principal Financial Group Inc. increased its holdings in shares of Cincinnati Financial by 2.7% during the third quarter. Principal Financial Group Inc. now owns 191,149 shares of the insurance provider's stock worth $26,019,000 after buying an additional 5,097 shares in the last quarter. Finally, New York Life Investment Management LLC lifted its stake in shares of Cincinnati Financial by 11.5% in the 4th quarter. New York Life Investment Management LLC now owns 23,117 shares of the insurance provider's stock valued at $3,322,000 after acquiring an additional 2,383 shares during the last quarter. 65.24% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have issued reports on CINF shares. StockNews.com raised Cincinnati Financial from a "sell" rating to a "hold" rating in a report on Thursday. Keefe, Bruyette & Woods lowered their price objective 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. Finally, Roth Mkm boosted their target price on shares of Cincinnati Financial from $140.00 to $160.00 and gave the stock a "buy" rating in a report on Wednesday, February 12th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $147.40.

Cincinnati Financial Trading Up 0.1 %

Shares of Cincinnati Financial stock traded up $0.13 during midday trading on Friday, reaching $132.24. The company had a trading volume of 463,628 shares, compared to its average volume of 670,628. The stock has a fifty day moving average price of $139.55 and a 200 day moving average price of $142.63. Cincinnati Financial Co. has a fifty-two week low of $109.93 and a fifty-two week high of $161.75. The firm has a market cap of $20.70 billion, a PE ratio of 9.11, a P/E/G ratio of 8.30 and a beta of 0.53. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.29 and a quick ratio of 0.31.

Cincinnati Financial (NASDAQ:CINF - Get Free Report) last issued its quarterly earnings results 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, equities analysts anticipate that Cincinnati Financial Co. will post 5.36 earnings per share for the current year.

Cincinnati Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 24th were issued a dividend of $0.87 per share. This is an increase from Cincinnati Financial's previous quarterly dividend of $0.81. This represents a $3.48 dividend on an annualized basis and a yield of 2.63%. The ex-dividend date was Monday, March 24th. Cincinnati Financial's dividend payout ratio (DPR) is presently 23.97%.

Cincinnati Financial Profile

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.