Cincinnati Financial Corp (CINF): Dirk J Debbink , director of Cincinnati Financial Corp purchased 144 shares on Jun 3, 2016. The Insider buying transaction was reported by the company on Jun 7, 2016 to the Securities and Exchange Commission. The shares were purchased at $69.49 per share for a total value of $10,000.03 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Dec 8, 2015, Dirk J Debbink (director) purchased 163 shares at $61.49 per share price.
Shares of Cincinnati Financial Corporation (CINF) ended Friday, Jun 3, 2016 session in red amid volatile trading. The shares closed down -0.13 points or -0.19% at $69.49 with 5,21,533 shares getting traded. Post opening the session at $69.26, the shares hit an intraday low of $68.56 and an intraday high of $69.64 and the price vacillated in this range throughout the day. The company has a market cap of $11,430 M and the number of outstanding shares has been calculated to be 16,44,79,620 shares. The 52-week high of Cincinnati Financial Corporation is $69.73 and the 52-week low is $49.72.
On May 2, 2016, Cincinnati Financial Corporation announced a cash dividend of $0.4800. The company’s management has announced Jun 20, 2016 as the ex-dividend date and fixed the record date on Jun 22, 2016. The payable date has been fixed on Jul 15, 2016.
Company has been under the radar of several Street Analysts.Cincinnati Financial Corporation is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 66 from a previous price target of $59 .The Rating was issued on Apr 28, 2016.
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.