Boston Trust Walden Corp Has $105.85 Million Stock Holdings in Cincinnati Financial Co. (NASDAQ:CINF)

Boston Trust Walden Corp boosted its position in shares of Cincinnati Financial Co. (NASDAQ:CINF - Free Report) by 2.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 777,588 shares of the insurance provider's stock after purchasing an additional 19,793 shares during the period. Boston Trust Walden Corp owned about 0.50% of Cincinnati Financial worth $105,845,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Fort Washington Investment Advisors Inc. OH boosted its holdings in shares of Cincinnati Financial by 1.1% in the 2nd quarter. Fort Washington Investment Advisors Inc. OH now owns 1,514,353 shares of the insurance provider's stock worth $178,845,000 after acquiring an additional 16,451 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Cincinnati Financial by 16.2% in the second quarter. Dimensional Fund Advisors LP now owns 1,349,462 shares of the insurance provider's stock worth $159,360,000 after purchasing an additional 187,934 shares in the last quarter. Bahl & Gaynor Inc. grew its holdings in shares of Cincinnati Financial by 10.6% during the second quarter. Bahl & Gaynor Inc. now owns 1,115,487 shares of the insurance provider's stock worth $131,739,000 after purchasing an additional 107,081 shares during the last quarter. AQR Capital Management LLC increased its stake in shares of Cincinnati Financial by 39.4% in the second quarter. AQR Capital Management LLC now owns 981,333 shares of the insurance provider's stock valued at $115,758,000 after buying an additional 277,550 shares in the last quarter. Finally, Millennium Management LLC raised its holdings in shares of Cincinnati Financial by 23.3% in the second quarter. Millennium Management LLC now owns 453,631 shares of the insurance provider's stock valued at $53,574,000 after buying an additional 85,667 shares during the last quarter. 65.24% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Citigroup raised shares of Cincinnati Financial from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $126.00 to $135.00 in a report on Friday, June 28th. Roth Mkm increased their price target on shares of Cincinnati Financial from $130.00 to $140.00 and gave the company a "buy" rating in a research note on Friday, July 26th. Keefe, Bruyette & Woods boosted their price objective on shares of Cincinnati Financial from $146.00 to $150.00 and gave the stock an "outperform" rating in a research report on Thursday, August 1st. Finally, Bank of America increased their price objective on Cincinnati Financial from $149.00 to $168.00 and gave the company a "buy" rating in a research report on Thursday, October 10th. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $136.29.

Cincinnati Financial Trading Up 2.2 %

Shares of NASDAQ:CINF traded up $3.01 during midday trading on Friday, hitting $141.25. The company had a trading volume of 857,205 shares, compared to its average volume of 708,543. The firm has a fifty day simple moving average of $136.06 and a 200 day simple moving average of $125.23. The stock has a market cap of $22.11 billion, a price-to-earnings ratio of 9.40, a PEG ratio of 2.62 and a beta of 0.66. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.07. Cincinnati Financial Co. has a 12 month low of $96.86 and a 12 month high of $142.25.

Cincinnati Financial (NASDAQ:CINF - Get Free Report) last issued its earnings results on Thursday, October 24th. The insurance provider reported $1.42 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.46 by ($0.04). The company had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.24 billion. Cincinnati Financial had a return on equity of 9.10% and a net margin of 20.20%. Cincinnati Financial's quarterly revenue was up 21.5% on a year-over-year basis. During the same quarter last year, the business posted $1.66 EPS. On average, analysts predict that Cincinnati Financial Co. will post 6.58 EPS for the current year.

Cincinnati Financial Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, September 17th were paid a $0.81 dividend. This represents a $3.24 annualized dividend and a yield of 2.29%. The ex-dividend date was Tuesday, September 17th. Cincinnati Financial's payout ratio is presently 21.56%.

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.