Cibc Bancorp USA Adds $137M in Cintas Corporation ($CTAS)
Key Points
- Cibc Bancorp USA changed its Cintas Corporation ($CTAS) stake by 1287.86% last quarter, boosting to 871,008 shares worth $148.14 million.
- Wall Street's consensus rating on $CTAS is Buy and an average price target of $216.31.
- $CTAS last traded around $170.08.
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Cibc Bancorp USA increased its position in Cintas Corporation ($CTAS) by 1287.86% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 871,008 shares of Cintas Corporation after buying 808,249 shares during the quarter. Cibc Bancorp USA's holdings in Cintas Corporation were worth $148.14 million as of its most recent filing.
Cintas Corporation Stock Down 16.7%
Shares of Cintas Corporation ($CTAS) traded around $170.08 on Saturday, down 16.7% for the day.
Cintas Corporation Earnings
Cintas Corporation Dividend
Analysts Set New Price Targets
About Cintas Corporation
Cintas Corporation provides corporate identity uniforms and other garments 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 offers rental and servicing of uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items. It also provides restroom cleaning services and supplies; and sells uniforms from catalogs. In addition, the company offers first aid and safety products and services; workplace water services; and fire protection products and services. Further, it provides automated external defibrillators; eye-wash stations; safety training; fire extinguishers; sprinkler systems; and alarm services. The company sells its products and services through its distribution network and local delivery routes, or local representatives to small service and manufacturing companies, as well as major corporations. It serves gaming, hospitality, healthcare, automotive, government, education, pharmaceutical, manufacturing, skilled trades, and food processing industries. The company was founded in 1929 and is based in Cincinnati, Ohio.
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