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Principal Financial Group Inc. Sells 6,212 Shares of Cincinnati Financial Corporation $CINF
Principal Financial Group Inc. recently decreased its stake in Cincinnati Financial Corporation (NASDAQ:CINF) by 3.4%, selling 6,212 shares, but still holds 176,639 shares valued at $27.93 million. Cincinnati Financial also announced a quarterly dividend increase to $0.94 per share, resulting in a 2.2% yield. Analysts maintain a “Moderate Buy” rating for CINF, with an average target price of $174.33, as the stock trades near its 1-year high.