Toth Financial Advisory Corp Has $615,000 Holdings in Cintas Co. (NASDAQ:CTAS)

Toth Financial Advisory Corp lifted its stake in Cintas Co. (NASDAQ:CTAS) by 18.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,364 shares of the business services provider’s stock after acquiring an additional 528 shares during the period. Toth Financial Advisory Corp’s holdings in Cintas were worth $615,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of CTAS. Financial Management Professionals Inc. grew its holdings in shares of Cintas by 341.4% during the 3rd quarter. Financial Management Professionals Inc. now owns 128 shares of the business services provider’s stock worth $26,000 after purchasing an additional 99 shares in the last quarter. Hollencrest Capital Management lifted its position in Cintas by 433.3% in the third quarter. Hollencrest Capital Management now owns 128 shares of the business services provider’s stock worth $26,000 after purchasing an additional 104 shares during the period. Sound Income Strategies LLC bought a new position in Cintas in the fourth quarter worth $27,000. Addison Advisors LLC increased its holdings in Cintas by 495.7% in the 3rd quarter. Addison Advisors LLC now owns 137 shares of the business services provider’s stock valued at $28,000 after buying an additional 114 shares during the period. Finally, Grove Bank & Trust raised its stake in shares of Cintas by 1,340.0% in the 3rd quarter. Grove Bank & Trust now owns 144 shares of the business services provider’s stock valued at $30,000 after buying an additional 134 shares in the last quarter. Institutional investors own 63.46% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on CTAS. Truist Financial decreased their target price on shares of Cintas from $225.00 to $215.00 and set a “buy” rating on the stock in a research report on Friday, December 20th. Wells Fargo & Company decreased their price objective on Cintas from $191.00 to $184.00 and set an “underweight” rating on the stock in a report on Friday, December 20th. Robert W. Baird dropped their target price on Cintas from $209.00 to $200.00 and set a “neutral” rating for the company in a report on Friday, December 20th. The Goldman Sachs Group decreased their price target on Cintas from $236.00 to $211.00 and set a “buy” rating on the stock in a research note on Friday, December 20th. Finally, UBS Group dropped their price objective on Cintas from $240.00 to $218.00 and set a “buy” rating for the company in a research note on Friday, December 20th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $198.46.

Cintas Stock Down 0.2 %

Shares of NASDAQ:CTAS opened at $197.39 on Friday. Cintas Co. has a 12 month low of $148.75 and a 12 month high of $228.12. The firm has a market cap of $79.65 billion, a P/E ratio of 47.59, a P/E/G ratio of 3.84 and a beta of 1.37. The company has a quick ratio of 1.38, a current ratio of 1.58 and a debt-to-equity ratio of 0.47. The company’s 50-day moving average price is $202.99 and its two-hundred day moving average price is $205.70.

Cintas (NASDAQ:CTAS) last issued its quarterly earnings results on Thursday, December 19th. The business services provider reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.08. Cintas had a net margin of 17.23% and a return on equity of 40.62%. The business had revenue of $2.56 billion during the quarter, compared to analyst estimates of $2.56 billion. During the same quarter last year, the business posted $3.61 earnings per share. Cintas’s revenue for the quarter was up 7.8% compared to the same quarter last year. As a group, research analysts forecast that Cintas Co. will post 4.31 EPS for the current fiscal year.

Cintas Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 14th will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 0.79%. The ex-dividend date of this dividend is Friday, February 14th. Cintas’s dividend payout ratio is 37.61%.

Cintas Profile

Cintas Corporation engages in the provision of corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. The company rents and services uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items; and provides restroom cleaning services and supplies, as well as sells uniforms.