Nykredit A S Invests $29.34 Million in Cincinnati Financial Corporation $CINF

Nykredit A/S recently acquired 158,473 shares of Cincinnati Financial Corporation (NASDAQ:CINF) valued at $29.34 million, increasing institutional ownership to 65.24%. Cincinnati Financial reported Q2 EPS of $1.43, missing analyst estimates, but revenue exceeded expectations at $4.27 billion. The company declared a quarterly dividend of $0.94 per share, and analysts currently have a "Moderate Buy" rating with an average price target of $195.40.