Cincinnati Financial Corporation (CINF) : Everence Capital Management Inc added new position in Cincinnati Financial Corporation during the most recent quarter end. The investment management firm now holds 3,262 shares of Cincinnati Financial Corporation which is valued at $210,693 , the company said in a statement filed on Apr 21, 2016 with the SEC.Cincinnati Financial Corporation makes up approximately 0.06% of Everence Capital Management Inc’s portfolio.
Cincinnati Financial Corporation opened for trading at $66 and hit $66.59 on the upside on Wednesday, eventually ending the session at $66.29, with a gain of 2.78% or 1.79 points. The heightened volatility saw the trading volume jump to 12,75,501 shares. Company has a market cap of $10,894 M.
Other Hedge Funds, Including , Strs Ohio sold out all of its stake in CINF during the most recent quarter. The investment firm sold 28,608 shares of CINF which is valued $1,847,791.Btim Corp. reduced its stake in CINF by selling 132,108 shares or 11.73% in the most recent quarter. The Hedge Fund company now holds 994,016 shares of CINF which is valued at $64,203,493. Cincinnati Financial Corporation makes up approx 1.10% of Btim Corp.’s portfolio.Central Trust Co boosted its stake in CINF in the latest quarter, The investment management firm added 560 additional shares and now holds a total of 1,694 shares of Cincinnati Financial Corporation which is valued at $111,601. Cincinnati Financial Corporation makes up approx 0.01% of Central Trust Co’s portfolio.
On the company’s financial health, Cincinnati Financial Corporation reported $1.13 EPS for the quarter, beating the analyst consensus estimate by $ 0.41 according to the earnings call on Apr 26, 2016. Analyst had a consensus of $0.72. The company had revenue of $1364.00 million for the quarter, compared to analysts expectations of $1095.00 million. The company’s revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.77 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.