As Cincinnati Finl Corp (CINF) Market Valuation Rose, Shareholder State Street Corp Has Trimmed Its Stake

Cincinnati Financial Corporation (NASDAQ:CINF) LogoInvestors sentiment increased to 1.09 in Q4 2018. Its up 0.02, from 1.07 in 2018Q3. It improved, as 23 investors sold CINF shares while 142 reduced holdings. 59 funds opened positions while 121 raised stakes. 102.39 million shares or 2.58% more from 99.82 million shares in 2018Q3 were reported. Vident Advisory Ltd Liability Company owns 5,121 shares. Janney Montgomery Scott Lc stated it has 0.02% in Cincinnati Financial Corporation (NASDAQ:CINF). Moreover, Great West Life Assurance Can has 0.02% invested in Cincinnati Financial Corporation (NASDAQ:CINF) for 116,463 shares. Cadence Capital Management Lc stated it has 0.05% of its portfolio in Cincinnati Financial Corporation (NASDAQ:CINF). Johnson Financial Gru holds 2,282 shares or 0.02% of its portfolio. Kcm Inv Ltd accumulated 5,506 shares or 0.03% of the stock. 124,361 are owned by Amundi Pioneer Asset Mngmt. West Oak Ltd invested in 0% or 270 shares. Parametric Limited Co holds 452,118 shares or 0.03% of its portfolio. Town And Country Bankshares And Dba First Bankers holds 0.35% or 17,568 shares in its portfolio. New York-based Brown Brothers Harriman & Company has invested 0% in Cincinnati Financial Corporation (NASDAQ:CINF). Moreover, Stone Ridge Asset Mgmt Ltd Liability Company has 0.08% invested in Cincinnati Financial Corporation (NASDAQ:CINF). Barclays Plc stated it has 0.01% in Cincinnati Financial Corporation (NASDAQ:CINF). Ledyard National Bank owns 1,710 shares for 0.02% of their portfolio. Fire Grp holds 10.08% of its portfolio in Cincinnati Financial Corporation (NASDAQ:CINF) for 320,276 shares.

Since February 15, 2019, it had 1 buying transaction, and 0 selling transactions for $30,003 activity.

State Street Corp decreased its stake in Cincinnati Finl Corp (CINF) by 2.93% based on its latest 2018Q4 regulatory filing with the SEC. State Street Corp sold 292,885 shares as the company’s stock rose 5.21% with the market. The institutional investor held 9.71 million shares of the property-casualty insurers company at the end of 2018Q4, valued at $756.94 million, down from 10.00 million at the end of the previous reported quarter. State Street Corp who had been investing in Cincinnati Finl Corp for a number of months, seems to be less bullish one the $15.95B market cap company. The stock increased 0.60% or $0.58 during the last trading session, reaching $97.73. About 652,117 shares traded or 5.18% up from the average. Cincinnati Financial Corporation (NASDAQ:CINF) has risen 16.99% since May 17, 2018 and is uptrending. It has outperformed by 12.62% the S&P500.

State Street Corp, which manages about $1098.37 billion US Long portfolio, upped its stake in Addus Homecare Corp (NASDAQ:ADUS) by 85,026 shares to 329,928 shares, valued at $22.40 million in 2018Q4, according to the filing. It also increased its holding in Community Bk Sys Inc (NYSE:CBU) by 144,075 shares in the quarter, for a total of 4.01 million shares, and has risen its stake in Flex Ltd (NASDAQ:FLEX).

Analysts await Cincinnati Financial Corporation (NASDAQ:CINF) to report earnings on July, 25. They expect $0.69 EPS, down 14.81 % or $0.12 from last year’s $0.81 per share. CINF’s profit will be $112.63M for 35.41 P/E if the $0.69 EPS becomes a reality. After $1.05 actual EPS reported by Cincinnati Financial Corporation for the previous quarter, Wall Street now forecasts -34.29 % negative EPS growth.

More notable recent Cincinnati Financial Corporation (NASDAQ:CINF) news were published by: Nasdaq.com which released: “Sun Life’s (SLF) Q1 Earnings Suffer Due to Weak Premiums – Nasdaq” on May 09, 2019, also Nasdaq.com with their article: “ProAssurance’s (PRA) Q1 Earnings Lag Estimates, Plunge Y/Y – Nasdaq” published on April 28, 2019, Nasdaq.com published: “P&C Insurance Outlook: Excess Capital, Rate Hike to Drive Growth – Nasdaq” on May 14, 2019. More interesting news about Cincinnati Financial Corporation (NASDAQ:CINF) were released by: Nasdaq.com and their article: “Will Cincinnati Financial (CINF) Q1 Earnings Beat Estimates? – Nasdaq” published on April 22, 2019 as well as Nasdaq.com‘s news article titled: “Cincinnati Financial (CINF) Q4 Earnings Beat, Revenues Lag – Nasdaq” with publication date: February 07, 2019.

Cincinnati Financial Corporation (NASDAQ:CINF) Institutional Positions Chart

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