KPP Advisory Services LLC Purchases 92 Shares of Cintas Co. (NASDAQ:CTAS)

KPP Advisory Services LLC increased its position in Cintas Co. (NASDAQ:CTAS) by 5.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,883 shares of the business services provider’s stock after purchasing an additional 92 shares during the period. KPP Advisory Services LLC’s holdings in Cintas were worth $344,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. HHM Wealth Advisors LLC bought a new stake in shares of Cintas during the 4th quarter valued at $39,000. Valley National Advisers Inc. lifted its position in Cintas by 1.6% during the 4th quarter. Valley National Advisers Inc. now owns 8,908 shares of the business services provider’s stock valued at $1,627,000 after acquiring an additional 138 shares during the period. McAdam LLC boosted its stake in Cintas by 2.8% during the fourth quarter. McAdam LLC now owns 4,532 shares of the business services provider’s stock worth $828,000 after acquiring an additional 124 shares in the last quarter. U.S. Capital Wealth Advisors LLC grew its holdings in Cintas by 1,177.8% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 21,314 shares of the business services provider’s stock worth $3,894,000 after purchasing an additional 19,646 shares during the period. Finally, Copeland Capital Management LLC bought a new position in shares of Cintas during the fourth quarter valued at approximately $13,311,000. Institutional investors own 63.46% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on CTAS shares. Morgan Stanley raised their price objective on Cintas from $185.00 to $202.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. Wells Fargo & Company reduced their price target on Cintas from $191.00 to $184.00 and set an “underweight” rating for the company in a report on Friday, December 20th. UBS Group dropped their price target on shares of Cintas from $240.00 to $218.00 and set a “buy” rating on the stock in a research note on Friday, December 20th. Robert W. Baird reduced their price objective on shares of Cintas from $209.00 to $200.00 and set a “neutral” rating for the company in a research note on Friday, December 20th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $215.00 target price on shares of Cintas in a research note on Friday, December 20th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $198.46.

Cintas Trading Up 0.8 %

Shares of CTAS opened at $202.21 on Tuesday. Cintas Co. has a fifty-two week low of $150.70 and a fifty-two week high of $228.12. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.38 and a current ratio of 1.58. The company’s fifty day moving average is $201.15 and its 200 day moving average is $206.83. The stock has a market capitalization of $81.60 billion, a PE ratio of 48.75, a P/E/G ratio of 3.87 and a beta of 1.38.

Cintas (NASDAQ:CTAS) last announced its earnings results on Thursday, December 19th. The business services provider reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.08. The firm had revenue of $2.56 billion for the quarter, compared to analysts’ expectations of $2.56 billion. Cintas had a net margin of 17.23% and a return on equity of 40.62%. The business’s revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the company earned $3.61 EPS. Sell-side analysts expect that Cintas Co. will post 4.31 earnings per share for the current fiscal year.

Cintas Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 14th will be issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.77%. The ex-dividend date of this dividend is Friday, February 14th. Cintas’s dividend payout ratio (DPR) is 37.61%.

Cintas Company 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.