Octavia Wealth Advisors LLC Has $2.08 Million Stock Holdings in Cincinnati Financial Corporation $CINF

Octavia Wealth Advisors LLC increased its stake in Cincinnati Financial Corporation (NASDAQ:CINF - Free Report) by 116.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,080 shares of the insurance provider's stock after acquiring an additional 7,032 shares during the quarter. Octavia Wealth Advisors LLC's holdings in Cincinnati Financial were worth $2,079,000 at the end of the most recent reporting period.Get Cincinnati Financial alerts:Worried About a Fading Rally? Consider These 3 Dividend StocksOther hedge funds have also recently added to or reduced their stakes in the company. Quent Capital LLC bought a new position in Cincinnati Financial during the third quarter worth $34,000. AlphaQuest LLC grew its stake in Cincinnati Financial by 714.3% in the second quarter. AlphaQuest LLC now owns 228 shares of the insurance provider's stock valued at $34,000 after acquiring an additional 200 shares during the period. Carderock Capital Management Inc. bought a new stake in shares of Cincinnati Financial during the second quarter valued at approximately $45,000. SJS Investment Consulting Inc. raised its position in shares of Cincinnati Financial by 2,538.5% during the third quarter. SJS Investment Consulting Inc. now owns 343 shares of the insurance provider's stock worth $54,000 after purchasing an additional 330 shares during the period. Finally, Bayforest Capital Ltd lifted its holdings in shares of Cincinnati Financial by 4,787.5% in the 3rd quarter. Bayforest Capital Ltd now owns 391 shares of the insurance provider's stock worth $62,000 after purchasing an additional 383 shares in the last quarter. Institutional investors own 65.24% of the company's stock. Analyst Ratings ChangesCINF has been the subject of a number of analyst reports. Roth Capital reiterated a "buy" rating and set a $175.00 price objective on shares of Cincinnati Financial in a report on Tuesday, October 28th. Piper Sandler boosted their price objective on Cincinnati Financial from $150.00 to $157.00 and gave the stock a "neutral" rating in a report on Monday, December 22nd. Weiss Ratings reissued a "buy (b+)" rating on shares of Cincinnati Financial in a research note on Monday, December 29th. Finally, Keefe, Bruyette & Woods lifted their target price on Cincinnati Financial from $180.00 to $191.00 and gave the company an "outperform" rating in a research report on Tuesday, January 6th. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $170.75.Dividend Aristocrats or Dividend Kings: Which Is Best for You?Get Our Latest Research Report on Cincinnati FinancialCincinnati Financial Stock Up 1.7%CINF stock opened at $163.68 on Thursday. The stock has a market cap of $25.54 billion, a P/E ratio of 12.18, a P/E/G ratio of 3.63 and a beta of 0.66. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.06. The stock's fifty day simple moving average is $164.61 and its two-hundred day simple moving average is $157.29. Cincinnati Financial Corporation has a 1-year low of $123.01 and a 1-year high of $169.86. Cincinnati Financial (NASDAQ:CINF - Get Free Report) last released its earnings results on Monday, October 27th. The insurance provider reported $2.85 EPS for the quarter, topping analysts' consensus estimates of $2.01 by $0.84. The company had revenue of $3.73 billion for the quarter, compared to analysts' expectations of $2.87 billion. Cincinnati Financial had a return on equity of 8.51% and a net margin of 17.57%.The business's revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period in the previous year, the business posted $1.42 EPS. Analysts expect that Cincinnati Financial Corporation will post 5.36 EPS for the current year. Cincinnati Financial Dividend AnnouncementThe business also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Monday, December 22nd will be given a dividend of $0.87 per share. This represents a $3.48 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Monday, December 22nd. Cincinnati Financial's dividend payout ratio is currently 25.89%. Insider ActivityIn related news, Director Dirk J. Debbink purchased 1,000 shares of the stock in a transaction that occurred on Tuesday, October 28th. The shares were bought at an average price of $153.98 per share, with a total value of $153,980.00. Following the acquisition, the director owned 58,482 shares of the company's stock, valued at $9,005,058.36. This trade represents a 1.74% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. 2.83% of the stock is currently owned by insiders. Cincinnati Financial Profile (Free Report)Cincinnati Financial Corporation NASDAQ: CINF is an insurance holding company headquartered in the Cincinnati area of Ohio that provides property and casualty insurance products and related services. Founded as part of the Cincinnati Insurance group, the company operates through a set of insurance subsidiaries to underwrite and service policies for both personal and commercial customers. Cincinnati Financial is publicly traded and emphasizes underwriting discipline and long-term relationships with its distribution partners and policyholders. The company's core business centers on property and casualty insurance, including homeowners, automobile, commercial casualty, commercial multi-peril, and specialty commercial coverages.See AlsoFive stocks we like better than Cincinnati FinancialElon Taking SpaceX Public! $100 Pre-IPO Opportunity!How a Family Trust May Be Able To Help Preserve Your WealthA U.S. “birthright” claim worth trillions - activated quietlyExecutive Order 14330: Trump’s Biggest YetIf You Keep Cash In A U.S. Bank Account… Read This NOWThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Cincinnati Financial Right Now?Before you consider Cincinnati Financial, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cincinnati Financial wasn't on the list.While Cincinnati Financial currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here