Boston Advisors Llc Increased Cintas Corp Com (NASDAQ:CTAS) Stake by $22.61 Million

April 25, 2018 - By Clifton Ray

Cintas Corporation (NASDAQ:CTAS) LogoInvestors sentiment decreased to 0.93 in Q4 2017. Its down 0.09, from 1.02 in 2017Q3. It fall, as 39 investors sold CTAS shares while 185 reduced holdings. 68 funds opened positions while 141 raised stakes. 68.29 million shares or 1.49% less from 69.32 million shares in 2017Q3 were reported. Oppenheimer Comm stated it has 0.01% of its portfolio in Cintas Corporation (NASDAQ:CTAS). S&Co reported 0.04% stake. Financial Bank Of America De has 0.01% invested in Cintas Corporation (NASDAQ:CTAS). Gotham Asset Management Limited Liability Corp has 28,304 shares. Bb&T Secs Lc invested in 3,439 shares. Federated Invsts Pa holds 0.05% or 113,495 shares. Karp Capital Mgmt stated it has 17,691 shares or 1.17% of all its holdings. Mai Capital Management reported 8,558 shares. Teachers Retirement Systems Of The State Of Kentucky holds 0.05% in Cintas Corporation (NASDAQ:CTAS) or 29,127 shares. Asset One has 145,785 shares. Renaissance Techs Ltd Liability Com holds 583,868 shares or 0.1% of its portfolio. Lodestar Inv Counsel Ltd Liability Company Il reported 0.1% of its portfolio in Cintas Corporation (NASDAQ:CTAS). Wendell David Assoc owns 1,400 shares or 0.04% of their US portfolio. Stratos Wealth Prns Limited owns 431 shares. Regions Financial stated it has 620 shares or 0% of all its holdings.

Since January 12, 2018, it had 0 buys, and 1 insider sale for $1.99 million activity.

Boston Advisors Llc increased its stake in Cintas Corp Com (NASDAQ:CTAS) by 344.23% based on its latest 2018Q1 regulatory filing with the SEC. Boston Advisors Llc bought 133,016 shares as the company’s stock rose 8.12% while stock markets declined. The institutional investor held 171,658 shares of the apparel company at the end of 2018Q1, valued at $29.28 million, up from 38,642 at the end of the previous reported quarter. Boston Advisors Llc who had been investing in Cintas Corp Com for a number of months, seems to be bullish on the $18.30B market cap company. The stock decreased 0.94% or $1.62 during the last trading session, reaching $171.5. About 362,157 shares traded. Cintas Corporation (NASDAQ:CTAS) has risen 35.54% since April 25, 2017 and is uptrending. It has outperformed by 23.99% the S&P500.

Boston Advisors Llc, which manages about $2.55 billion and $3.90B US Long portfolio, decreased its stake in Disney Walt Co Com Disney (NYSE:DIS) by 113,985 shares to 15,453 shares, valued at $1.55 million in 2018Q1, according to the filing. It also reduced its holding in Wyndham Worldwide Corp Com (NYSE:WYN) by 187,093 shares in the quarter, leaving it with 66,336 shares, and cut its stake in Prudential Finl Inc Com (NYSE:PRU).

Boston Advisors Llc is a Massachusetts-based institutional investor with more than $2.55 billion AUM in March, 2014. Taken from Boston Advisors latest Adv, the fund reported to have 35 full and part-time employees. Among which 13 performing investment advisory and research functions. The institutional investor had more than 400 clients.

Cintas Corporation (NASDAQ:CTAS) Ratings Coverage

Among 9 analysts covering Cintas Corp (NASDAQ:CTAS), 6 have Buy rating, 1 Sell and 2 Hold. Therefore 67% are positive. Cintas Corp has $21000 highest and $145.0 lowest target. $179.63’s average target is 4.74% above currents $171.5 stock price. Cintas Corp had 16 analyst reports since October 31, 2017 according to SRatingsIntel. The rating was maintained by Robert W. Baird on Friday, December 22 with “Buy”. The company was maintained on Wednesday, January 31 by Morgan Stanley. The firm has “Hold” rating given on Monday, March 26 by RBC Capital Markets. The firm has “Buy” rating given on Thursday, January 25 by Robert W. Baird. As per Tuesday, March 27, the company rating was initiated by Goldman Sachs. RBC Capital Markets maintained it with “Hold” rating and $160.0 target in Thursday, December 21 report. RBC Capital Markets maintained the stock with “Hold” rating in Monday, November 20 report. JP Morgan maintained it with “Overweight” rating and $188 target in Friday, March 23 report. The stock of Cintas Corporation (NASDAQ:CTAS) earned “Hold” rating by Stifel Nicolaus on Friday, March 23. The stock of Cintas Corporation (NASDAQ:CTAS) has “Hold” rating given on Friday, December 22 by Stifel Nicolaus.

Cintas Corporation provides corporate identity uniforms and related business services primarily in North America, Latin America, Europe, and Asia. The company has market cap of $18.30 billion. It operates through Uniform Rental and Facility Services; First Aid and Safety Services; and All Other divisions. It has a 25.62 P/E ratio. The firm rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, and carpet and tile cleaning services, as well as sells uniforms directly.

Cintas Corporation (NASDAQ:CTAS) Institutional Positions Chart

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