Natural Investments LLC Invests $476,000 in Cincinnati Financial Co. (NASDAQ:CINF)

Natural Investments LLC purchased a new position in shares of Cincinnati Financial Co. (NASDAQ:CINF) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 3,319 shares of the insurance provider’s stock, valued at approximately $476,000.

A number of other institutional investors have also made changes to their positions in the business. Sage Mountain Advisors LLC bought a new position in Cincinnati Financial in the 4th quarter valued at about $235,000. Dearborn Partners LLC bought a new position in Cincinnati Financial in the 4th quarter valued at about $202,000. Independent Advisor Alliance raised its position in Cincinnati Financial by 26.3% during the fourth quarter. Independent Advisor Alliance now owns 11,215 shares of the insurance provider’s stock valued at $1,612,000 after purchasing an additional 2,338 shares in the last quarter. Johnson Investment Counsel Inc. raised its holdings in shares of Cincinnati Financial by 0.7% during the 4th quarter. Johnson Investment Counsel Inc. now owns 1,332,689 shares of the insurance provider’s stock worth $191,507,000 after buying an additional 8,736 shares in the last quarter. Finally, Daiwa Securities Group Inc. lifted its holdings in shares of Cincinnati Financial by 5.3% in the fourth quarter. Daiwa Securities Group Inc. now owns 23,693 shares of the insurance provider’s stock worth $3,405,000 after acquiring an additional 1,197 shares during the last quarter. 65.24% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Cincinnati Financial Trading Up 1.2 %

NASDAQ CINF opened at $140.13 on Wednesday. The business has a 50 day moving average price of $139.38 and a 200-day moving average price of $141.92. Cincinnati Financial Co. has a 52 week low of $109.93 and a 52 week high of $161.75. The company has a quick ratio of 0.31, a current ratio of 0.29 and a debt-to-equity ratio of 0.06. The company has a market cap of $21.93 billion, a price-to-earnings ratio of 9.65, a P/E/G ratio of 8.30 and a beta of 0.66.

Cincinnati Financial (NASDAQ:CINF) last released its quarterly earnings results on Monday, February 10th. The insurance provider reported $3.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $1.24. Cincinnati Financial had a return on equity of 9.01% and a net margin of 20.22%. As a group, equities analysts expect that Cincinnati Financial Co. will post 5.36 earnings per share for the current fiscal year.

Cincinnati Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 24th will be paid a $0.87 dividend. This is a positive change from Cincinnati Financial’s previous quarterly dividend of $0.81. The ex-dividend date of this dividend is Monday, March 24th. This represents a $3.48 annualized dividend and a yield of 2.48%. Cincinnati Financial’s dividend payout ratio (DPR) 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.