Cincinnati Financial’s (CINF) Neutral Rating Reaffirmed at Langen Mcalenn

Cincinnati Financial (NASDAQ:CINF)‘s stock had its “neutral” rating reiterated by stock analysts at Langen Mcalenn in a research report issued to clients and investors on Tuesday. Langen Mcalenn also issued estimates for Cincinnati Financial’s FY2018 earnings at $3.50 EPS.

Other analysts also recently issued reports about the stock. Zacks Investment Research downgraded shares of Cincinnati Financial from a “buy” rating to a “hold” rating in a report on Tuesday. BidaskClub downgraded shares of Cincinnati Financial from a “sell” rating to a “strong sell” rating in a report on Thursday, December 14th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $78.50.

Shares of Cincinnati Financial (CINF) opened at $75.06 on Tuesday. Cincinnati Financial has a fifty-two week low of $68.24 and a fifty-two week high of $81.98. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.11. The stock has a market cap of $12,174.13, a price-to-earnings ratio of 24.85 and a beta of 0.93.

Cincinnati Financial (NASDAQ:CINF) last posted its quarterly earnings data on Thursday, October 26th. The insurance provider reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. Cincinnati Financial had a net margin of 8.93% and a return on equity of 5.85%. The company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same period in the previous year, the firm posted $0.86 EPS. The firm’s revenue was up .7% compared to the same quarter last year. research analysts predict that Cincinnati Financial will post 2.65 earnings per share for the current fiscal year.

A number of large investors have recently modified their holdings of the stock. D.A. Davidson & CO. raised its position in Cincinnati Financial by 2.7% in the 2nd quarter. D.A. Davidson & CO. now owns 3,235 shares of the insurance provider’s stock worth $234,000 after purchasing an additional 84 shares during the period. Sentry Investment Management LLC raised its position in Cincinnati Financial by 0.9% in the 2nd quarter. Sentry Investment Management LLC now owns 10,411 shares of the insurance provider’s stock worth $754,000 after purchasing an additional 96 shares during the period. People s United Financial Inc. raised its position in Cincinnati Financial by 6.5% in the 2nd quarter. People s United Financial Inc. now owns 1,802 shares of the insurance provider’s stock worth $131,000 after purchasing an additional 110 shares during the period. Thrivent Financial For Lutherans raised its position in Cincinnati Financial by 3.5% in the 2nd quarter. Thrivent Financial For Lutherans now owns 5,688 shares of the insurance provider’s stock worth $412,000 after purchasing an additional 190 shares during the period. Finally, Stephens Inc. AR raised its position in Cincinnati Financial by 6.7% in the 2nd quarter. Stephens Inc. AR now owns 5,280 shares of the insurance provider’s stock worth $383,000 after purchasing an additional 332 shares during the period. Institutional investors own 64.45% of the company’s stock.

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Cincinnati Financial Company Profile

Cincinnati Financial Corporation is an insurance holding company. It operates through five segments: Commercial lines insurance, Personal lines insurance, Excess and surplus lines insurance, and Life insurance and Investments. Its Commercial Lines Insurance Segment provides five commercial business lines: commercial casualty, commercial property, commercial auto, workers’ compensation and other commercial lines.

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