Cintas Co. (CTAS) Insider James Phillip Holloman Sells 12,386 Shares
Cintas Co. (NASDAQ:CTAS) insider James Phillip Holloman sold 12,386 shares of the business’s stock in a transaction on Friday, January 12th. The stock was sold at an average price of $160.92, for a total transaction of $1,993,155.12. Following the transaction, the insider now directly owns 141,328 shares of the company’s stock, valued at approximately $22,742,501.76. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Cintas Co. (CTAS) traded up $0.76 during midday trading on Wednesday, reaching $161.22. 760,900 shares of the company were exchanged, compared to its average volume of 540,770. The company has a market capitalization of $17,087.19, a PE ratio of 32.12, a P/E/G ratio of 2.46 and a beta of 0.87. Cintas Co. has a twelve month low of $112.96 and a twelve month high of $163.45. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.53 and a current ratio of 1.77.
Cintas (NASDAQ:CTAS) last posted its earnings results on Thursday, December 21st. The business services provider reported $1.31 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.27 by $0.04. The business had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.59 billion. Cintas had a net margin of 9.23% and a return on equity of 23.23%. The firm’s revenue for the quarter was up 26.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.15 earnings per share. equities analysts predict that Cintas Co. will post 5.44 EPS for the current year.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Mountain Capital Investment Advisors Inc bought a new stake in Cintas in the second quarter valued at about $120,000. QS Investors LLC grew its stake in Cintas by 1.0% during the second 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. YorkBridge Wealth Partners LLC grew its stake in Cintas by 3.2% during the second quarter. YorkBridge Wealth Partners LLC now owns 1,056 shares of the business services provider’s stock worth $133,000 after buying an additional 33 shares during the last quarter. Pitcairn Co. bought a new stake in Cintas during the third quarter worth about $200,000. Finally, Checchi Capital Advisers LLC bought a new stake in Cintas during the third quarter worth about $204,000. 66.64% of the stock is currently owned by institutional investors and hedge funds.
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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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