Cincinnati Finl Corp (CINF) Holder Riverpoint Capital Management LLC Has Trimmed Its Holding by $18.29 Million

April 21, 2018 - By Adrian Erickson

Cincinnati Financial Corporation (NASDAQ:CINF) LogoInvestors sentiment increased to 1.17 in 2017 Q4. Its up 0.27, from 0.9 in 2017Q3. It increased, as 26 investors sold CINF shares while 137 reduced holdings. 43 funds opened positions while 148 raised stakes. 100.84 million shares or 4.97% less from 106.11 million shares in 2017Q3 were reported. Dearborn Prtnrs Ltd reported 3,283 shares or 0.02% of all its holdings. 456 are owned by Winfield Associates Inc. Canada Pension Plan Board has invested 0% in Cincinnati Financial Corporation (NASDAQ:CINF). 7,881 were reported by Of Toledo Na Oh. Nomura Asset Management Communications Ltd accumulated 27,608 shares. Everence Cap reported 0.05% of its portfolio in Cincinnati Financial Corporation (NASDAQ:CINF). Peninsula Asset Management reported 42,177 shares stake. San Francisco Sentry Gru (Ca) has 2,088 shares. State Board Of Administration Of Florida Retirement stated it has 212,642 shares or 0.04% of all its holdings. Principal Fincl Grp owns 226,607 shares or 0.02% of their US portfolio. Koshinski Asset Mgmt stated it has 3,001 shares or 0.06% of all its holdings. South State Corp holds 6,252 shares. Sun Life Financial Inc has 326 shares. Kcm Inv Llc has 9,625 shares for 0.04% of their portfolio. Fifth Third Natl Bank accumulated 851,222 shares.

Since February 9, 2018, it had 1 insider purchase, and 0 insider sales for $45,923 activity.

Riverpoint Capital Management Llc decreased its stake in Cincinnati Finl Corp (CINF) by 49.06% based on its latest 2017Q4 regulatory filing with the SEC. Riverpoint Capital Management Llc sold 247,132 shares as the company’s stock declined 1.16% with the market. The institutional investor held 256,584 shares of the property-casualty insurers company at the end of 2017Q4, valued at $19.24M, down from 503,716 at the end of the previous reported quarter. Riverpoint Capital Management Llc who had been investing in Cincinnati Finl Corp for a number of months, seems to be less bullish one the $12.35B market cap company. The stock increased 0.31% or $0.23 during the last trading session, reaching $75.27. About 317,652 shares traded. Cincinnati Financial Corporation (NASDAQ:CINF) has risen 2.74% since April 21, 2017 and is uptrending. It has underperformed by 8.81% the S&P500.

Riverpoint Capital Management Llc, which manages about $1.62B and $1.65B US Long portfolio, upped its stake in Metlife Inc (NYSE:MET) by 351,270 shares to 365,459 shares, valued at $18.48 million in 2017Q4, according to the filing. It also increased its holding in Ishares Tr (EFA) by 74,677 shares in the quarter, for a total of 1.83M shares, and has risen its stake in Becton Dickinson & Co (NYSE:BDX).

Analysts await Cincinnati Financial Corporation (NASDAQ:CINF) to report earnings on April, 25 after the close. They expect $0.87 EPS, up 47.46 % or $0.28 from last year’s $0.59 per share. CINF’s profit will be $142.76 million for 21.63 P/E if the $0.87 EPS becomes a reality. After $0.93 actual EPS reported by Cincinnati Financial Corporation for the previous quarter, Wall Street now forecasts -6.45 % negative EPS growth.

Cincinnati Financial Corporation (NASDAQ:CINF) Ratings Coverage

Among 2 analysts covering Cincinnati Financial Corp (NASDAQ:CINF), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Cincinnati Financial Corp had 3 analyst reports since December 4, 2017 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods on Monday, December 4 with “Hold”. RBC Capital Markets maintained the shares of CINF in report on Thursday, February 8 with “Hold” rating. The rating was maintained by Keefe Bruyette & Woods on Thursday, December 21 with “Hold”.

Cincinnati Financial Corporation (NASDAQ:CINF) Institutional Positions Chart

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