Cintas Corporation (NASDAQ:CTAS) is expected to pay $1.33 on Dec 2, 2016. The indicated annual dividend is $1.33. Shareholders owning the stock before Nov 2, 2016 will be eligible to receive the payout. Based on Cintas Corporation’s current price of $106.67, the dividend is 1.25%. This dividend’s record date is Nov 4, 2016 and the announcement date is Oct 19, 2016. The stock increased 0.70% or $0.74 on October 31, hitting $106.67. Cintas Corporation (NASDAQ:CTAS) has risen 18.88% since March 30, 2016 and is uptrending. It has outperformed by 15.87% the S&P500.
Cintas Corporation is a provider of corporate identity uniforms through rental and sales programs, as well as a well-known provider of related business services, including entrance mats, restroom cleaning services and supplies, carpet and tile cleaning services, first aid and safety services and fire protection services and products. The company has a market cap of $11.27 billion. The Company’s divisions include uniform rental and facility services, and first aid and safety services. It has a 23.61 P/E ratio. The Company’s uniform rental and facility service segment offers services, which include rental and servicing of uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items.
Insitutional Activity: The institutional sentiment decreased to 0.79 in Q2 2016. Its down 0.20, from 0.99 in 2016Q1. The ratio is negative, as 34 funds sold all Cintas Corporation shares owned while 166 reduced positions. 31 funds bought stakes while 126 increased positions. They now own 68.73 million shares or 6.77% less from 73.72 million shares in 2016Q1.
Savings Bank Of The West last reported 2,900 shares in the company. Welch And Forbes Ltd Liability last reported 0.12% of its portfolio in the stock. Great Lakes Advsr Ltd Liability Corporation last reported 0.02% of its portfolio in the stock. Moreover, Miles Capital has 0.31% invested in Cintas Corporation (NASDAQ:CTAS) for 4,655 shares. The Florida-based Transamerica Fin Advsrs has invested 0.1% in Cintas Corporation (NASDAQ:CTAS). Principal Financial Grp Inc Inc owns 132,987 shares or 0.02% of their US portfolio. Gulf International Natl Bank (Uk) Ltd accumulated 28,637 shares or 0.05% of the stock. Fairview Capital Inv Mngmt Lc has 0.92% invested in the company for 115,196 shares. Peninsula Asset Management holds 2.35% or 29,128 shares in its portfolio. Andra Ap has 0.31% invested in the company for 124,700 shares. Citadel Advsrs Ltd Limited Liability Company reported 19,853 shares or 0% of all its holdings. Paloma Mgmt has 0.02% invested in the company for 19,448 shares. Blackrock Investment Mngmt Limited Company holds 0.02% of its portfolio in Cintas Corporation (NASDAQ:CTAS) for 198,549 shares. Delta Lloyd Nv reported 10,727 shares or 0.04% of all its holdings. The New York-based First Eagle Mngmt Ltd Liability has invested 1.39% in Cintas Corporation (NASDAQ:CTAS).
Insider Transactions: Since May 3, 2016, the stock had 0 insider buys, and 1 sale for $216,240 net activity. On Tuesday, May 3 the insider Adler Paul F. sold $14,333. Adolph Gerald S had sold 2,000 shares worth $216,240.
Cintas Corporation (NASDAQ:CTAS) Ratings Coverage
Out of 9 analysts covering Cintas (NASDAQ:CTAS), 4 rate it a “Buy”, 2 “Sell”, while 3 “Hold”. This means 44% are positive. Cintas has been the topic of 15 analyst reports since August 14, 2015 according to StockzIntelligence Inc. KeyBanc Capital Markets maintained Cintas Corporation (NASDAQ:CTAS) on Wednesday, August 17 with “Overweight” rating. The stock of Cintas Corporation (NASDAQ:CTAS) earned “Outperform” rating by Robert W. Baird on Wednesday, August 17. The firm earned “Underperform” rating on Friday, September 25 by Bank of America. Macquarie Research initiated the stock with “Neutral” rating in Friday, August 26 report. The firm has “Overweight” rating given on Wednesday, August 17 by Barclays Capital. The company was upgraded on Wednesday, April 13 by KeyBanc Capital Markets. Sterne Agee CRT initiated Cintas Corporation (NASDAQ:CTAS) on Tuesday, March 22 with “Neutral” rating. Morgan Stanley initiated the shares of CTAS in a report on Friday, August 14 with “Equal-Weight” rating. The rating was maintained by Morgan Stanley on Wednesday, August 17 with “Underweight”. Nomura maintained the stock with “Buy” rating in Friday, August 26 report.
More notable recent Cintas Corporation (NASDAQ:CTAS) news were published by: Nasdaq.com which released: “Cintas Corporation is Now Oversold” on October 27, 2016, also Businesswire.com with their article: “Cintas Corporation to Acquire G&K Services” published on August 16, 2016, Fool.com published: “Why Cintas Corporation Stock Popped Today” on July 20, 2016. More interesting news about Cintas Corporation (NASDAQ:CTAS) were released by: Nasdaq.com and their article: “Commit To Purchase Cintas Corporation At $95, Earn 4.3% Annualized Using Options” published on October 27, 2016 as well as Nasdaq.com‘s news article titled: “Cintas Corporation Q1 Profit Climbs 30%” with publication date: September 27, 2016.
CTAS Company Profile
Cintas Corporation, incorporated on November 13, 1986, is a well-known provider of corporate identity uniforms through rental and sales programs, as well as a well-known provider of related business services, including entrance mats, restroom cleaning services and supplies, carpet and tile cleaning services, first aid and safety services and fire protection services and products. The Company’s divisions include uniform rental and facility services, and first aid and safety services. Rental processing plants, rental branches, first aid and safety facilities, fire protection facilities, direct sales offices, distribution centers and manufacturing facilities are all utilized by the businesses included in All Other.
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