Cintas (CTAS) Got Lower Instinet Rating; Owl Creek Asset Management LP Has Lowered By $15.64 Million Its Tal Ed Group (XRS) Position

June 27, 2017 - By Migdalia James

Owl Creek Asset Management Lp decreased Tal Ed Group (XRS) stake by 37.45% reported in 2016Q4 SEC filing. Owl Creek Asset Management Lp sold 223,400 shares as Tal Ed Group (XRS)’s stock 0.00%. The Owl Creek Asset Management Lp holds 373,178 shares with $26.18 million value, down from 596,578 last quarter. Tal Ed Group now has $9.80 billion valuation. The stock increased 0.52% or $0.62 during the last trading session, reaching $120.4. About shares traded. TAL Education Group (ADR) (NYSE:XRS) has 0.00% since June 27, 2016 and is . It has underperformed by 16.70% the S&P500.

Among 10 analysts covering Cintas (NASDAQ:CTAS), 4 have Buy rating, 2 Sell and 4 Hold. Therefore 40% are positive. Cintas has $135 highest and $80 lowest target. $113’s average target is -12.74% below currents $129.5 stock price. Cintas had 16 analyst reports since August 14, 2015 according to SRatingsIntel. Nomura maintained Cintas Corporation (NASDAQ:CTAS) on Wednesday, August 17 with “Buy” rating. The rating was maintained by Barclays Capital with “Equal-Weight” on Tuesday, December 22. KeyBanc Capital Markets maintained the shares of CTAS in report on Wednesday, August 17 with “Overweight” rating. Morgan Stanley maintained Cintas Corporation (NASDAQ:CTAS) on Wednesday, August 17 with “Underweight” rating. The rating was maintained by Barclays Capital on Thursday, August 11 with “Equal-Weight”. RBC Capital Markets maintained the stock with “Sector Perform” rating in Friday, September 25 report. The company was initiated on Tuesday, March 22 by Sterne Agee CRT. The firm has “Overweight” rating by Barclays Capital given on Wednesday, August 17. The company was upgraded on Wednesday, April 13 by KeyBanc Capital Markets. The company was upgraded on Wednesday, August 17 by Robert W. Baird.

Analysts await Cintas Corporation (NASDAQ:CTAS) to report earnings on July, 18. They expect $1.09 EPS, up 0.93% or $0.01 from last year’s $1.08 per share. CTAS’s profit will be $115.06M for 29.70 P/E if the $1.09 EPS becomes a reality. After $1.11 actual EPS reported by Cintas Corporation for the previous quarter, Wall Street now forecasts -1.80% negative EPS growth.

The stock increased 0.07% or $0.09 during the last trading session, reaching $129.5. About shares traded. Cintas Corporation (NASDAQ:CTAS) has risen 32.38% since June 27, 2016 and is uptrending. It has outperformed by 15.68% the S&P500.

Investors sentiment increased to 0.97 in 2016 Q4. Its up 0.14, from 0.83 in 2016Q3. It is positive, as 46 investors sold Cintas Corporation shares while 173 reduced holdings. 61 funds opened positions while 151 raised stakes. 69.49 million shares or 3.58% more from 67.09 million shares in 2016Q3 were reported. Utah Retirement reported 16,164 shares. Point72 Asia (Hong Kong) Limited has invested 0% in Cintas Corporation (NASDAQ:CTAS). Miller Inv Mngmt Ltd Partnership holds 2,961 shares or 0.11% of its portfolio. Independent Portfolio Consultants Inc owns 132 shares or 0% of their US portfolio. Park Natl Oh owns 3,158 shares for 0.02% of their portfolio. Newfocus Financial Ltd holds 3.8% of its portfolio in Cintas Corporation (NASDAQ:CTAS) for 48,738 shares. Aperio Gru Ltd Company reported 0.03% stake. Pennsylvania-based Federated Invsts Inc Pa has invested 0% in Cintas Corporation (NASDAQ:CTAS). Conning holds 2,342 shares or 0.01% of its portfolio. Deutsche Savings Bank Ag reported 0.03% of its portfolio in Cintas Corporation (NASDAQ:CTAS). Lvm Cap Mngmt Mi accumulated 3,500 shares. Tci Wealth has 519 shares for 0.03% of their portfolio. Cubist Systematic Strategies Ltd Company reported 14,846 shares or 0.14% of all its holdings. Hermes Inv Mngmt Ltd holds 0.02% of its portfolio in Cintas Corporation (NASDAQ:CTAS) for 7,600 shares. Connor Clark Lunn Investment Mngmt reported 0.01% of its portfolio in Cintas Corporation (NASDAQ:CTAS).

Cintas Corporation is a provider of corporate identity uniforms through rental and sales programs, as well as a well-known 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 services and products. The company has market cap of $13.67 billion. The Company’s divisions include uniform rental and facility services, and first aid and safety services. It has a 28.5 P/E ratio. The Company’s uniform rental and facility service segment offers services, which include rental and servicing of uniforms and other garments, including flame resistant clothing, mats, mops and shop towels, and other ancillary items.

Since February 6, 2017, it had 0 insider purchases, and 3 selling transactions for $3.18 million activity. Hansen J. Michael sold $688,568 worth of stock. The insider FROOMAN THOMAS E sold $1.46M. Shares for $1.03M were sold by Holloman James Phillip on Monday, February 6.