Welch Group Cut Its Cincinnati Financial Cp (CINF) Holding by $378,675 as Share Price Rose; Schaper Benz & Wise Investment Counsel Has Raised Position in Merck (MRK) by $1.47 Million

Cincinnati Financial Corporation (NASDAQ:CINF) Logo

Schaper Benz & Wise Investment Counsel Inc increased its stake in Merck (MRK) by 38.91% based on its latest 2019Q1 regulatory filing with the SEC. Schaper Benz & Wise Investment Counsel Inc bought 17,688 shares as the company’s stock declined 1.86% while stock markets rallied. The institutional investor held 63,149 shares of the health care company at the end of 2019Q1, valued at $5.25M, up from 45,461 at the end of the previous reported quarter. Schaper Benz & Wise Investment Counsel Inc who had been investing in Merck for a number of months, seems to be bullish on the $205.28 billion market cap company. The stock decreased 1.57% or $1.27 during the last trading session, reaching $79.73. About 17.66 million shares traded or 55.55% up from the average. Merck & Co., Inc. (NYSE:MRK) has risen 29.94% since July 14, 2018 and is uptrending. It has outperformed by 25.51% the S&P500. Some Historical MRK News: 16/04/2018 – U.S. Food and Drug Administration Approves Opdivo® (nivolumab) + Yervoy® (ipilimumab) Combination as First-Line Treatment for; 10/04/2018 – Oncolytics Biotech(R) Presents Positive REOLYSIN(R) Data in Combination with Keytruda and anti-CD73 at International; 08/05/2018 – ONCOSEC MEDICAL SAYS UNDER COLLABORATION AGREEMENT, ONCOSEC WILL SPONSOR, FUND STUDY AND MERCK WILL PROVIDE KEYTRUDA; 24/04/2018 – MERCK PHASE 1 KEYTRUDA STUDY SUSPENDED: CLINICALTRIALS.GOV; 08/03/2018 – Merck KGaA Updates on Consumer Health, New Launches — Earnings Review; 16/04/2018 – AstraZeneca Presents Imfinzi (durvalumab) Plus tremelimumab Combination Data at AACR Annual Meeting; 02/04/2018 – Aeglea BioTherapeutics Doses First Small Cell Lung Cancer Patients with Pegzilarginase in Both Monotherapy and KEYTRUDA® (Pembrolizumab) Combination Trials; 08/03/2018 – BOOKING HOLDINGS – BOARD NOMINATED FOR ELECTION TO BOARD AT JUNE ANNUAL MEETING MIRIAN GRADDICK-WEIR, EXECUTIVE VP OF HUMAN RESOURCES OF MERCK & CO; 08/05/2018 – MERCK LTD MERK.NS – SEEKS SHAREHOLDERS’ NOD FOR ENTERING INTO MANUFACTURING AND SUPPLY AGREEMENTS WITH ENTITIES BELONGING TO MERCK GROUP; 31/05/2018 – Phase l/Il Study Design of Birinapant in Combination With Keytruda® to be Presented on June 4 at the ASCO Annual Meeting

Welch Group Llc decreased its stake in Cincinnati Financial Cp (CINF) by 1.33% based on its latest 2019Q1 regulatory filing with the SEC. Welch Group Llc sold 4,455 shares as the company’s stock rose 14.11% with the market. The institutional investor held 329,294 shares of the property-casualty insurers company at the end of 2019Q1, valued at $28.29M, down from 333,749 at the end of the previous reported quarter. Welch Group Llc who had been investing in Cincinnati Financial Cp for a number of months, seems to be less bullish one the $17.58B market cap company. The stock increased 0.81% or $0.87 during the last trading session, reaching $107.68. About 388,657 shares traded. Cincinnati Financial Corporation (NASDAQ:CINF) has risen 36.65% since July 14, 2018 and is uptrending. It has outperformed by 32.22% the S&P500. Some Historical CINF News: 25/04/2018 – Cincinnati Fincl 1Q Loss $31M; 21/05/2018 – Cincinnati Business Courier: EXCLUSIVE: Colliers’ Cincinnati office adds new service; 25/04/2018 – CINCINNATI FINANCIAL 1Q OPER EPS 72C, EST. 80C; 16/03/2018 Cincinnati Financial Closes Above 200-Day Average: Technicals; 07/05/2018 – Cincinnati Financial Corporation Holds Shareholders’ and Directors’ Meetings; 25/04/2018 – Cincinnati Fincl 1Q Loss/Shr 19c; 25/04/2018 – CINCINNATI FINANCIAL 1Q NET PREMIUMS WRITTEN $1.26B

Since February 15, 2019, it had 1 buying transaction, and 0 sales for $30,003 activity.

Analysts await Cincinnati Financial Corporation (NASDAQ:CINF) to report earnings on July, 25. They expect $0.69 earnings per share, down 14.81% or $0.12 from last year’s $0.81 per share. CINF’s profit will be $112.63M for 39.01 P/E if the $0.69 EPS becomes a reality. After $1.05 actual earnings per share reported by Cincinnati Financial Corporation for the previous quarter, Wall Street now forecasts -34.29% negative EPS growth.

More notable recent Cincinnati Financial Corporation (NASDAQ:CINF) news were published by: Seekingalpha.com which released: “Insurance Dividend Champion – Q1 2019: Cincinnati Financial – Seeking Alpha” on June 25, 2019, also Seekingalpha.com with their article: “Cincinnati Financial Q1 NWP up 10% on price increases, growth initiatives – Seeking Alpha” published on April 24, 2019, Bizjournals.com published: “Cincinnati Financial puts price tag on Hurricane Florence damage – Cincinnati Business Courier” on October 16, 2018. More interesting news about Cincinnati Financial Corporation (NASDAQ:CINF) were released by: Nasdaq.com and their article: “FVD, LDOS, DGX, CINF: ETF Inflow Alert – Nasdaq” published on May 21, 2019 as well as Streetinsider.com‘s news article titled: “UPDATE: Credit Suisse Upgrades Cincinnati Financial (CINF) to Outperform – StreetInsider.com” with publication date: May 17, 2019.

Welch Group Llc, which manages about $645.12M and $908.40 million US Long portfolio, upped its stake in Home Depot Inc (NYSE:HD) by 1,775 shares to 145,959 shares, valued at $28.01 million in 2019Q1, according to the filing. It also increased its holding in Exxon Mobil Corporation (NYSE:XOM) by 30,437 shares in the quarter, for a total of 343,580 shares, and has risen its stake in Johnson & Johnson (NYSE:JNJ).

Investors sentiment decreased to 1.08 in 2019 Q1. Its down 0.01, from 1.09 in 2018Q4. It worsened, as 30 investors sold CINF shares while 142 reduced holdings. 63 funds opened positions while 123 raised stakes. 100.86 million shares or 1.50% less from 102.39 million shares in 2018Q4 were reported. Brinker Inc stated it has 24,088 shares or 0.08% of all its holdings. Jaffetilchin Inv Partners Ltd, a Florida-based fund reported 8,595 shares. Prelude Management Limited Liability owns 807 shares. Old National Comml Bank In reported 39,614 shares. Fort Washington Inv Advsrs Oh owns 1.20 million shares. The Illinois-based Hightower Advisors Ltd Liability Company has invested 0.01% in Cincinnati Financial Corporation (NASDAQ:CINF). Moon Capital Mgmt Limited Liability Corporation reported 0% of its portfolio in Cincinnati Financial Corporation (NASDAQ:CINF). Private Advisor has invested 0.01% in Cincinnati Financial Corporation (NASDAQ:CINF). Bancorp Of Montreal Can holds 0.01% of its portfolio in Cincinnati Financial Corporation (NASDAQ:CINF) for 153,852 shares. Norinchukin Bank & Trust The accumulated 0.01% or 13,104 shares. Element Capital Mngmt Ltd reported 14,624 shares or 0.04% of all its holdings. Parametric Associates Ltd Limited Liability Company reported 0.03% of its portfolio in Cincinnati Financial Corporation (NASDAQ:CINF). Alpha Windward Ltd Llc stated it has 0.02% of its portfolio in Cincinnati Financial Corporation (NASDAQ:CINF). First City Cap has invested 1.33% in Cincinnati Financial Corporation (NASDAQ:CINF). Stone Ridge Asset Management Limited Liability reported 17,197 shares.

More notable recent Merck & Co., Inc. (NYSE:MRK) news were published by: Seekingalpha.com which released: “FDA accepts supplemental BLAs from Merck to update dosing frequency for Keytruda – Seeking Alpha” on July 09, 2019, also Fool.com with their article: “5 Biggest Blockbuster Drugs of the Future – The Motley Fool” published on June 15, 2019, Seekingalpha.com published: “Merck: Don’t Miss It – Seeking Alpha” on June 28, 2019. More interesting news about Merck & Co., Inc. (NYSE:MRK) were released by: Finance.Yahoo.com and their article: “Is Merck & Co., Inc. (MRK) A Good Stock To Buy ? – Yahoo Finance” published on June 06, 2019 as well as Streetinsider.com‘s news article titled: “Merck (MRK) Outlines Business Momentum, Strong Expected Growth – StreetInsider.com” with publication date: June 20, 2019.

Investors sentiment decreased to 0.81 in Q1 2019. Its down 0.11, from 0.92 in 2018Q4. It turned negative, as 50 investors sold MRK shares while 702 reduced holdings. 141 funds opened positions while 468 raised stakes. 1.86 billion shares or 4.24% less from 1.94 billion shares in 2018Q4 were reported. Lazard Asset Management Llc holds 1.27 million shares. Ntv Asset Mgmt reported 0.42% of its portfolio in Merck & Co., Inc. (NYSE:MRK). 65,808 were reported by Beech Hill Advsrs. Barton Management owns 10,660 shares. The California-based Clarivest Asset Mgmt Ltd Liability Corporation has invested 1.15% in Merck & Co., Inc. (NYSE:MRK). Brookstone invested in 7,818 shares or 0.04% of the stock. 54,469 are held by Boys Arnold Company. Pettee Invsts invested in 37,515 shares or 1.97% of the stock. Everence Mgmt holds 0.96% or 66,121 shares in its portfolio. Shapiro Capital Limited Liability Com owns 1.25M shares for 0% of their portfolio. Rosenblum Silverman Sutton S F Incorporated Ca holds 0.14% in Merck & Co., Inc. (NYSE:MRK) or 4,151 shares. Taurus Asset Management Limited Liability Corporation invested in 4,653 shares or 0.05% of the stock. Mcf Advsr Limited Liability Com reported 0.09% of its portfolio in Merck & Co., Inc. (NYSE:MRK). Marvin Palmer Assocs reported 66,232 shares. Wendell David Associates holds 0.65% or 50,401 shares.

Cincinnati Financial Corporation (NASDAQ:CINF) Institutional Positions Chart

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