Zions Bancorporation National Association UT significantly reduced its stake in Cintas Corporation, selling 47.4% of its shares but still holding 7,158 shares valued at $1.47 million. Cintas reported slightly better-than-expected earnings and revenue for the quarter, announced a $1 billion share buyback program, and maintains a quarterly dividend. Analysts currently have a “Moderate Buy” rating for CTAS, with a consensus target price of $221.08.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Zions Bancorporation National Association UT Has $1.47 Million Position in Cintas Corporation $CTAS
Zions Bancorporation National Association UT significantly reduced its stake in Cintas Corporation, selling 47.4% of its shares but still holding 7,158 shares valued at $1.47 million. Cintas reported slightly better-than-expected earnings and revenue for the quarter, announced a $1 billion share buyback program, and maintains a quarterly dividend. Analysts currently have a “Moderate Buy” rating for CTAS, with a consensus target price of $221.08.