Churchill Management Corp buys $15,028,150 stake in Cincinnati Financial Corporation (CINF)

Cincinnati Financial Corporation (CINF) : Churchill Management Corp scooped up 19,212 additional shares in Cincinnati Financial Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 13, 2016. The investment management firm now holds a total of 228,114 shares of Cincinnati Financial Corporation which is valued at $15,028,150.Cincinnati Financial Corporation makes up approximately 1.05% of Churchill Management Corp’s portfolio.

Cincinnati Financial Corporation opened for trading at $65.81 and hit $65.96 on the upside on Monday, eventually ending the session at $65.95, with a gain of 0.11% or 0.07 points. The heightened volatility saw the trading volume jump to 4,12,867 shares. Company has a market cap of $10,838 M.

Other Hedge Funds, Including , Gradient Investments added CINF to its portfolio by purchasing 9 company shares during the most recent quarter which is valued at $593.Capstone Asset Management Co boosted its stake in CINF in the latest quarter, The investment management firm added 2,710 additional shares and now holds a total of 19,971 shares of Cincinnati Financial Corporation which is valued at $1,315,689. Cincinnati Financial Corporation makes up approx 0.04% of Capstone Asset Management Co’s portfolio.British Columbia Investment Management Corp boosted its stake in CINF in the latest quarter, The investment management firm added 7,627 additional shares and now holds a total of 99,587 shares of Cincinnati Financial Corporation which is valued at $6,449,254. Cincinnati Financial Corporation makes up approx 0.06% of British Columbia Investment Management Corp’s portfolio. Kessler Investment Group added CINF to its portfolio by purchasing 31,420 company shares during the most recent quarter which is valued at $2,034,759. Cincinnati Financial Corporation makes up approx 3.07% of Kessler Investment Group’s portfolio.Weaver C. Barksdale Associates reduced its stake in CINF by selling 82 shares or 0.48% in the most recent quarter. The Hedge Fund company now holds 16,890 shares of CINF which is valued at $1,093,796. Cincinnati Financial Corporation makes up approx 0.83% of Weaver C. Barksdale Associates’s portfolio.

On the company’s financial health, Cincinnati Financial Corporation reported $1.10 EPS for the quarter, beating the analyst consensus estimate by $ 0.23 according to the earnings call on Feb 3, 2016. Analyst had a consensus of $0.87. The company had revenue of $1263.00 million for the quarter, compared to analysts expectations of $1281.00 million. The company’s revenue was up .1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.89 EPS.

Cincinnati Financial Corporation is an insurance holding company. The Company is engaged in the business of property casualty insurance marketed through independent insurance agencies in 39 states. The Company operates through five segments: Commercial lines Personal lines Excess and surplus lines Life insurance and Investments. It operates through its three subsidiaries: The Cincinnati Insurance Company CSU Producer Resources Inc. and CFC Investment Company. Its market property casualty insurance group includes two of those subsidiaries: The Cincinnati Casualty Company and The Cincinnati Indemnity Company. This group writes a range of business homeowner and auto policies. Other subsidiaries of The Cincinnati Insurance Company include The Cincinnati Life Insurance Company which provides life insurance disability income policies and fixed annuities and The Cincinnati Specialty Underwriters Insurance Company which offers excess and surplus lines insurance products.

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