Cintas Co. (CTAS) Shares Sold by First Citizens Bank & Trust Co.

First Citizens Bank & Trust Co. lessened its position in shares of Cintas Co. (NASDAQ:CTAS) by 37.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,708 shares of the business services provider’s stock after selling 6,282 shares during the period. First Citizens Bank & Trust Co.’s holdings in Cintas were worth $1,669,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. QS Investors LLC lifted its holdings in Cintas by 1.0% during the 2nd quarter. QS Investors LLC now owns 995 shares of the business services provider’s stock worth $125,000 after buying an additional 10 shares during the last quarter. D.A. Davidson & CO. lifted its holdings in shares of Cintas by 0.8% in the 2nd quarter. D.A. Davidson & CO. now owns 1,574 shares of the business services provider’s stock worth $198,000 after purchasing an additional 12 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of Cintas by 0.4% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,416 shares of the business services provider’s stock worth $809,000 after purchasing an additional 27 shares during the last quarter. YorkBridge Wealth Partners LLC lifted its holdings in shares of Cintas by 3.2% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 1,056 shares of the business services provider’s stock worth $133,000 after purchasing an additional 33 shares during the last quarter. Finally, Horizon Investments LLC lifted its holdings in shares of Cintas by 1.2% in the 2nd quarter. Horizon Investments LLC now owns 4,866 shares of the business services provider’s stock worth $595,000 after purchasing an additional 59 shares during the last quarter. 66.65% of the stock is currently owned by institutional investors.

Shares of Cintas Co. (NASDAQ CTAS) opened at $160.33 on Thursday. Cintas Co. has a 1 year low of $112.96 and a 1 year high of $163.45. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.77 and a quick ratio of 1.53. The company has a market capitalization of $17,040.00, a P/E ratio of 35.87, a P/E/G ratio of 2.48 and a beta of 0.87.

Cintas (NASDAQ:CTAS) last posted its earnings results on Thursday, December 21st. The business services provider reported $1.31 EPS for the quarter, beating the consensus estimate of $1.27 by $0.04. Cintas had a return on equity of 23.23% and a net margin of 9.23%. The firm had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.59 billion. During the same period last year, the firm earned $1.15 EPS. The firm’s revenue was up 26.4% compared to the same quarter last year. equities analysts anticipate that Cintas Co. will post 5.44 earnings per share for the current year.

CTAS has been the topic of several recent research reports. Zacks Investment Research downgraded Cintas from a “buy” rating to a “hold” rating in a report on Wednesday, September 20th. Barclays raised their price target on Cintas from $150.00 to $160.00 and gave the stock an “overweight” rating in a report on Wednesday, September 27th. Morgan Stanley reissued an “underweight” rating and issued a $127.00 price target (up previously from $117.00) on shares of Cintas in a report on Wednesday, September 27th. Stifel Nicolaus reissued a “hold” rating and issued a $138.00 price target (up previously from $136.00) on shares of Cintas in a report on Wednesday, September 27th. Finally, William Blair reissued an “ourperform” rating on shares of Cintas in a report on Wednesday, September 27th. One analyst has rated the stock with a sell rating, eight have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. Cintas currently has an average rating of “Hold” and a consensus price target of $153.73.

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Cintas Company Profile

Cintas Corporation is a provider of corporate identity uniforms through rental and sales programs, as well as a 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 products and services.

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Institutional Ownership by Quarter for Cintas (NASDAQ:CTAS)

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