Cincinnati Financial stock is trading -9.74% below its average target price of $155.83 after dropping -1.6% during today's afternoon session. Analysts are giving the Large-Cap Property & Casualty Insurance company an average rating of buy and target prices ranging from $126.0 to $180.0 per share.
The stock has a very low short interest at 1.5%, and a short ratio of 3.12. The company's insiders own 1.56% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that an average number of institutional investors are invested in the stock, with 67.7% of Cincinnati Financial's shares being owned by this investor type.
Institutions Invested in Cincinnati Financial
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-09-30 | Vanguard Group Inc | 12% | 18,994,288 | $2,671,736,619 |
| 2024-09-30 | Blackrock Inc. | 8% | 12,376,678 | $1,740,903,572 |
| 2024-09-30 | State Street Corporation | 6% | 8,887,801 | $1,250,158,121 |
| 2024-09-30 | Charles Schwab Investment Management, Inc. | 4% | 5,782,221 | $813,327,227 |
| 2024-09-30 | Geode Capital Management, LLC | 2% | 3,744,317 | $526,675,642 |
| 2024-09-30 | London Company of Virginia, (The) | 2% | 2,453,263 | $345,075,982 |
| 2024-09-30 | Bank of America Corporation | 1% | 1,964,294 | $276,297,601 |
| 2024-09-30 | Royal Bank of Canada | 1% | 1,846,389 | $259,713,083 |
| 2024-09-30 | Invesco Ltd. | 1% | 1,826,607 | $256,930,547 |
| 2024-06-30 | Norges Bank Investment Management | 1% | 1,777,566 | $250,032,440 |
Besides an analyst consensus of some upside potential, other market factors point to there being positive market sentiment on Cincinnati Financial.
