Vantage Financial Partners LLC Decreases Stock Position in Cincinnati Financial Co. (NASDAQ:CINF)

Vantage Financial Partners LLC trimmed its holdings in shares of Cincinnati Financial Co. (NASDAQ:CINF) by 2.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,148 shares of the insurance provider’s stock after selling 108 shares during the quarter. Vantage Financial Partners LLC’s holdings in Cincinnati Financial were worth $596,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Brown Brothers Harriman & Co. raised its position in shares of Cincinnati Financial by 2.1% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 3,378 shares of the insurance provider’s stock valued at $460,000 after buying an additional 68 shares in the last quarter. Simon Quick Advisors LLC raised its position in shares of Cincinnati Financial by 5.0% during the 4th quarter. Simon Quick Advisors LLC now owns 1,562 shares of the insurance provider’s stock valued at $224,000 after buying an additional 74 shares in the last quarter. Wealth Dimensions Group Ltd. raised its position in shares of Cincinnati Financial by 0.9% during the 3rd quarter. Wealth Dimensions Group Ltd. now owns 8,069 shares of the insurance provider’s stock valued at $1,098,000 after buying an additional 75 shares in the last quarter. Park Avenue Securities LLC raised its position in shares of Cincinnati Financial by 0.4% during the 4th quarter. Park Avenue Securities LLC now owns 17,473 shares of the insurance provider’s stock valued at $2,511,000 after buying an additional 78 shares in the last quarter. Finally, Tidal Investments LLC grew its holdings in Cincinnati Financial by 1.4% during the 3rd quarter. Tidal Investments LLC now owns 5,819 shares of the insurance provider’s stock valued at $792,000 after purchasing an additional 80 shares during the last quarter. 65.24% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have issued reports on CINF. Keefe, Bruyette & Woods raised their price objective on shares of Cincinnati Financial from $180.00 to $182.00 and gave the stock an “outperform” rating in a research note on Thursday, February 13th. Roth Mkm lifted their target price on Cincinnati Financial from $140.00 to $160.00 and gave the stock a “buy” rating in a research report on Wednesday, February 12th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $151.00.

Cincinnati Financial Trading Down 2.9 %

NASDAQ CINF opened at $143.26 on Wednesday. Cincinnati Financial Co. has a 12 month low of $109.93 and a 12 month high of $161.74. The company’s 50-day moving average price is $139.76 and its 200-day moving average price is $141.60. The stock has a market cap of $22.42 billion, a PE ratio of 9.87, a PEG ratio of 8.30 and a beta of 0.71. 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 (NASDAQ:CINF) last released its quarterly earnings data on Monday, February 10th. The insurance provider reported $3.14 earnings per share 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%. Equities research analysts forecast that Cincinnati Financial Co. will post 5.36 earnings per share for the current year.

Cincinnati Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 24th will be paid a $0.87 dividend. The ex-dividend date of this dividend is Monday, March 24th. This is a positive change from Cincinnati Financial’s previous quarterly dividend of $0.81. This represents a $3.48 dividend on an annualized basis and a yield of 2.43%. Cincinnati Financial’s dividend payout ratio is 23.97%.

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.