The Manufacturers Life Insurance Company Buys 276,221 Shares of Cincinnati Financial Corporation $CINF
MarketBeat
The Manufacturers Life Insurance Company significantly increased its stake in Cincinnati Financial Corporation (NASDAQ:CINF) by 336.1% in the second quarter, acquiring an additional 276,221 shares. This brings their total holdings to 358,395 shares, valued at approximately $66.4 million. Despite the company missing its quarterly EPS estimates, analysts maintain a "Moderate Buy" consensus rating for Cincinnati Financial, with an average price target of $195.40, and the company recently announced
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