SC&H Financial Advisors Inc. Decreases Stock Holdings in Cintas Co. (NASDAQ:CTAS)

SC&H Financial Advisors Inc. lessened its stake in Cintas Co. (NASDAQ:CTAS) by 2.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,564 shares of the business services provider’s stock after selling 95 shares during the period. SC&H Financial Advisors Inc.’s holdings in Cintas were worth $834,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in CTAS. Guardian Wealth Advisors LLC increased its position in Cintas by 3.1% during the 4th quarter. Guardian Wealth Advisors LLC now owns 1,741 shares of the business services provider’s stock valued at $318,000 after buying an additional 52 shares in the last quarter. Aaron Wealth Advisors LLC increased its holdings in shares of Cintas by 2.0% during the fourth quarter. Aaron Wealth Advisors LLC now owns 2,803 shares of the business services provider’s stock valued at $512,000 after acquiring an additional 55 shares in the last quarter. S.A. Mason LLC raised its position in shares of Cintas by 3.3% in the 4th quarter. S.A. Mason LLC now owns 1,703 shares of the business services provider’s stock valued at $311,000 after purchasing an additional 55 shares during the last quarter. Simon Quick Advisors LLC raised its position in shares of Cintas by 5.5% in the 4th quarter. Simon Quick Advisors LLC now owns 1,213 shares of the business services provider’s stock valued at $222,000 after purchasing an additional 63 shares during the last quarter. Finally, Catalina Capital Group LLC grew its position in Cintas by 5.7% during the 4th quarter. Catalina Capital Group LLC now owns 1,212 shares of the business services provider’s stock worth $221,000 after purchasing an additional 65 shares during the last quarter. 63.46% of the stock is currently owned by institutional investors.

Cintas Stock Down 1.1 %

CTAS stock opened at $202.06 on Friday. Cintas Co. has a one year low of $150.70 and a one year high of $228.12. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.38 and a current ratio of 1.58. The firm’s fifty day moving average is $199.35 and its 200 day moving average is $206.94. The firm has a market cap of $81.54 billion, a PE ratio of 48.72, a P/E/G ratio of 3.87 and a beta of 1.38.

Cintas (NASDAQ:CTAS) last released its quarterly earnings results on Thursday, December 19th. The business services provider reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08. Cintas had a return on equity of 40.62% and a net margin of 17.23%. The company had revenue of $2.56 billion during the quarter, compared to analysts’ expectations of $2.56 billion. During the same quarter in the prior year, the firm posted $3.61 EPS. Cintas’s quarterly revenue was up 7.8% compared to the same quarter last year. On average, research analysts forecast that Cintas Co. will post 4.31 EPS for the current year.

Cintas Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 14th will be paid a $0.39 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.56 dividend on an annualized basis and a yield of 0.77%. Cintas’s dividend payout ratio is currently 37.61%.

Wall Street Analyst Weigh In

CTAS has been the subject of several research reports. UBS Group lowered their price objective on shares of Cintas from $240.00 to $218.00 and set a “buy” rating for the company in a research note on Friday, December 20th. Wells Fargo & Company lowered their price target on Cintas from $191.00 to $184.00 and set an “underweight” rating for the company in a research report on Friday, December 20th. Truist Financial cut their price objective on Cintas from $225.00 to $215.00 and set a “buy” rating on the stock in a report on Friday, December 20th. Morgan Stanley raised their price objective on Cintas from $185.00 to $202.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 12th. Finally, The Goldman Sachs Group dropped their target price on Cintas from $236.00 to $211.00 and set a “buy” rating on the stock in a research report on Friday, December 20th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $198.46.

Cintas Company Profile

Cintas Corporation engages in the provision of corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. The company rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, as well as sells uniforms.