Riverpoint Capital Management LLC Boosted Its Stake in Cincinnati Finl Corp (CINF) by $18.66 Million

January 20, 2018 - By Winifred Garcia

Investors sentiment decreased to 0.9 in 2017 Q3. Its down 0.08, from 0.98 in 2017Q2. It worsened, as 29 investors sold CINF shares while 155 reduced holdings. 41 funds opened positions while 124 raised stakes. 106.11 million shares or 3.88% more from 102.14 million shares in 2017Q2 were reported. Advisor Ltd Liability Co owns 3,959 shares or 0.06% of their US portfolio. Winfield Assoc Incorporated holds 400 shares or 0.02% of its portfolio. Linscomb Williams has 0.09% invested in Cincinnati Financial Corporation (NASDAQ:CINF) for 13,944 shares. Fuller & Thaler Asset Mgmt Inc holds 900 shares. The Belgium-based Kbc Gru Nv has invested 0.01% in Cincinnati Financial Corporation (NASDAQ:CINF). Parallax Volatility Advisers Lp has invested 0% in Cincinnati Financial Corporation (NASDAQ:CINF). Commerzbank Aktiengesellschaft Fi stated it has 0.01% of its portfolio in Cincinnati Financial Corporation (NASDAQ:CINF). Washington Trust Fincl Bank holds 0.06% of its portfolio in Cincinnati Financial Corporation (NASDAQ:CINF) for 4,721 shares. Blackrock stated it has 0.05% in Cincinnati Financial Corporation (NASDAQ:CINF). 2,087 were reported by San Francisco Sentry Invest Gru (Ca). Riverhead Capital Mgmt Ltd Liability Company has 0.06% invested in Cincinnati Financial Corporation (NASDAQ:CINF). First Eagle Mgmt Ltd Liability Co holds 0.47% in Cincinnati Financial Corporation (NASDAQ:CINF) or 2.74M shares. State Of Tennessee Treasury Department has invested 0.02% in Cincinnati Financial Corporation (NASDAQ:CINF). Strs Ohio invested in 0.01% or 18,224 shares. Enterprise Finance Services Corp owns 500 shares.

Riverpoint Capital Management Llc increased its stake in Cincinnati Finl Corp (CINF) by 95.13% based on its latest 2017Q3 regulatory filing with the SEC. Riverpoint Capital Management Llc bought 245,578 shares as the company’s stock declined 5.00% while stock markets rallied. The institutional investor held 503,716 shares of the property-casualty insurers company at the end of 2017Q3, valued at $38.57M, up from 258,138 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 bullish on the $12.33B market cap company. The stock increased 0.40% or $0.3 during the last trading session, reaching $75.16. About 443,868 shares traded. Cincinnati Financial Corporation (NASDAQ:CINF) has risen 2.05% since January 20, 2017 and is uptrending. It has underperformed by 14.65% the S&P500.

Another recent and important Cincinnati Financial Corporation (NASDAQ:CINF) news was published by Nasdaq.com which published an article titled: “Agree To Purchase Cincinnati Financial Corp. At $64.50, Earn 2.3% Annualized …” on December 26, 2017.

Cincinnati Financial Corporation (NASDAQ:CINF) Ratings Coverage

Among 4 analysts covering Cincinnati Fincl (NASDAQ:CINF), 1 have Buy rating, 1 Sell and 2 Hold. Therefore 25% are positive. Cincinnati Fincl has $90 highest and $45 lowest target. $72’s average target is -4.20% below currents $75.16 stock price. Cincinnati Fincl had 16 analyst reports since July 30, 2015 according to SRatingsIntel. The company was maintained on Thursday, July 30 by RBC Capital Markets. RBC Capital Markets maintained the stock with “Sector Perform” rating in Thursday, October 29 report. On Friday, July 31 the stock rating was maintained by Deutsche Bank with “Sell”. The stock of Cincinnati Financial Corporation (NASDAQ:CINF) earned “Buy” rating by M Partners on Friday, July 15. M Partners initiated the shares of CINF in report on Wednesday, September 2 with “Buy” rating. The stock of Cincinnati Financial Corporation (NASDAQ:CINF) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, August 17. The rating was maintained by RBC Capital Markets on Monday, October 9 with “Hold”. The stock of Cincinnati Financial Corporation (NASDAQ:CINF) earned “Buy” rating by M Partners on Thursday, June 9. On Tuesday, September 5 the stock rating was maintained by RBC Capital Markets with “Hold”. On Monday, September 18 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”.

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