Alkeon Capital Management Adds $30M in Cintas Corporation ($CTAS)
Key Points
- Alkeon Capital Management changed its Cintas Corporation ($CTAS) stake by 69.8% last quarter, boosting to 401,539 shares worth $73.03 million.
- Wall Street's consensus rating on $CTAS is Buy and an average price target of $212.41.
- $CTAS last traded around $181.88.
Alkeon Capital Management increased its position in Cintas Corporation ($CTAS) by 69.8% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 401,539 shares of Cintas Corporation after buying 165,000 shares during the quarter. Alkeon Capital Management's holdings in Cintas Corporation were worth $73.03 million as of its most recent filing.
Cintas Corporation ($CTAS) Stock
Cintas Corporation Earnings
Cintas Corporation Dividend
Analysts Set New Price Targets
About Cintas Corporation
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. In addition, the company offers first aid and safety services, and fire protection products and services. It provides 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. The company was founded in 1968 and is based in Cincinnati, Ohio. Cintas Corporation was formerly a subsidiary of Cintas Corporation.
See Also
This instant news alert was generated by automated narrative technology and financial data from Opentrades and public regulatory filings. It is for informational purposes only and is not financial advice.