Cincinnati Financial Corp (NASDAQ:CINF) Q3 2017 Sentiment

January 14, 2018 - By Hazel Jackson

 Cincinnati Financial Corp (NASDAQ:CINF)  Q3 2017 Sentiment

Sentiment for Cincinnati Financial Corp (NASDAQ:CINF)

Cincinnati Financial Corp (NASDAQ:CINF) institutional sentiment decreased to 0.9 in Q3 2017. Its down -0.08, from 0.98 in 2017Q2. The ratio has worsened, as 165 institutional investors increased and opened new equity positions, while 184 sold and decreased positions in Cincinnati Financial Corp. The institutional investors in our partner’s database now own: 106.11 million shares, up from 102.14 million shares in 2017Q2. Also, the number of institutional investors holding Cincinnati Financial Corp in their top 10 equity positions increased from 5 to 6 for an increase of 1. Sold All: 29 Reduced: 155 Increased: 124 New Position: 41.

Cincinnati Financial Corporation engages in the property casualty insurance business in the United States. The company has market cap of $12.15 billion. It operates through five divisions: Commercial Lines Insurance, Personal Lines Insurance, Excess and Surplus Lines Insurance, Life Insurance, and Investments. It has a 24.51 P/E ratio. The Commercial Lines Insurance segment provides coverage for commercial casualty, commercial property, commercial auto, and workersÂ’ compensation.

The stock increased 1.73% or $1.26 during the last trading session, reaching $74.03. About 399,467 shares traded. Cincinnati Financial Corporation (NASDAQ:CINF) has risen 2.05% since January 14, 2017 and is uptrending. It has underperformed by 14.65% the S&P500.

Analysts await Cincinnati Financial Corporation (NASDAQ:CINF) to report earnings on February, 14. They expect $0.87 earnings per share, up 16.00 % or $0.12 from last year’s $0.75 per share. CINF’s profit will be $142.74M for 21.27 P/E if the $0.87 EPS becomes a reality. After $0.58 actual earnings per share reported by Cincinnati Financial Corporation for the previous quarter, Wall Street now forecasts 50.00 % EPS growth.

United Fire Group Inc holds 8.25% of its portfolio in Cincinnati Financial Corporation for 320,276 shares. Welch Group Llc owns 231,240 shares or 2.96% of their US portfolio. Moreover, Schulhoff & Co Inc has 2.9% invested in the company for 63,725 shares. The Alabama-based First Financial Bank has invested 2.58% in the stock. Riverpoint Capital Management Llc, a Ohio-based fund reported 503,716 shares.#img1#

Cincinnati Financial Corporation (NASDAQ:CINF) Ratings Coverage

Ratings analysis reveals 25% of Cincinnati Fincl’s analysts are positive. Out of 4 Wall Street analysts rating Cincinnati Fincl, 1 give it “Buy”, 1 “Sell” rating, while 2 recommend “Hold”. The lowest target is $45 while the high is $90. The stock’s average target of $72 is -2.74% below today’s ($74.03) share price. CINF was included in 16 notes of analysts from July 30, 2015. The stock of Cincinnati Financial Corporation (NASDAQ:CINF) has “Hold” rating given on Tuesday, September 5 by RBC Capital Markets. As per Thursday, June 9, the company rating was maintained by M Partners. Keefe Bruyette & Woods maintained the shares of CINF in report on Thursday, August 17 with “Hold” rating. M Partners initiated Cincinnati Financial Corporation (NASDAQ:CINF) rating on Wednesday, September 2. M Partners has “Buy” rating and $60.0 target. The stock has “Hold” rating by RBC Capital Markets on Monday, July 31. The company was maintained on Friday, July 15 by M Partners. On Monday, September 18 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. RBC Capital Markets maintained the stock with “Hold” rating in Monday, June 26 report. The stock of Cincinnati Financial Corporation (NASDAQ:CINF) earned “Sector Perform” rating by RBC Capital Markets on Thursday, July 30. The firm has “Sell” rating by Deutsche Bank given on Friday, July 31.

Another recent and important Cincinnati Financial Corporation (NASDAQ:CINF) news was published by Nasdaq.com which published an article titled: “Agree To Purchase Cincinnati Financial Corp. At $64.50, Earn 2.3% Annualized …” on December 26, 2017.

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