Cincinnati Financial Corp Buys Philip Morris International Inc, Automatic Data Processing Inc, Baxter International Inc, Sells The Walt Disney Co, Otis Worldwide Corp

• New Purchases: PNW,
• Added Positions: PM, ADP, BAX, AVB, CB, MDLZ, SNA, PFE, CSCO, LYB, ADI,
• Reduced Positions: AAPL, DIS,
• Sold Out: OTIS,

For the details of CINCINNATI FINANCIAL CORP's stock buys and sells, go to https://www.gurufocus.com/guru/cincinnati+financial+corp/current-portfolio/portfolio

1. Apple Inc (AAPL) - 3,931,000 shares, 13.88% of the total portfolio. Shares reduced by 15.93%
2. Microsoft Corp (MSFT) - 925,000 shares, 5.93% of the total portfolio. Shares reduced by 0.85%
3. CME Group Inc (CME) - 1,002,000 shares, 5.11% of the total portfolio.
4. UnitedHealth Group Inc (UNH) - 468,822 shares, 4.46% of the total portfolio.
5. Honeywell International Inc (HON) - 837,500 shares, 4.20% of the total portfolio.

Cincinnati Financial Corp initiated holding in Pinnacle West Capital Corp. The purchase prices were between $70.43 and $83.08, with an estimated average price of $76.51. The stock is now traded at around $83.94. The impact to a portfolio due to this purchase was 0.44%. The holding were 193,460 shares as of .

Cincinnati Financial Corp added to a holding in Philip Morris International Inc by 53.42%. The purchase prices were between $69.99 and $81.94, with an estimated average price of $77.08. The stock is now traded at around $70.21. The impact to a portfolio due to this purchase was 1.01%. The holding were 1,266,562 shares as of .

Cincinnati Financial Corp added to a holding in Automatic Data Processing Inc by 803.88%. The purchase prices were between $128.72 and $150.73, with an estimated average price of $140.27. The stock is now traded at around $165.14. The impact to a portfolio due to this purchase was 0.88%. The holding were 232,750 shares as of .

Cincinnati Financial Corp added to a holding in Baxter International Inc by 30.14%. The purchase prices were between $78.33 and $90.73, with an estimated average price of $84.14. The stock is now traded at around $78.90. The impact to a portfolio due to this purchase was 0.73%. The holding were 1,284,648 shares as of .

Cincinnati Financial Corp added to a holding in AvalonBay Communities Inc by 51.97%. The purchase prices were between $145.72 and $162.1, with an estimated average price of $153.26. The stock is now traded at around $147.25. The impact to a portfolio due to this purchase was 0.43%. The holding were 278,950 shares as of .

Cincinnati Financial Corp added to a holding in Chubb Ltd by 38.04%. The purchase prices were between $113.85 and $136.03, with an estimated average price of $125.61. The stock is now traded at around $137.69. The impact to a portfolio due to this purchase was 0.35%. The holding were 362,902 shares as of .

Cincinnati Financial Corp added to a holding in Pfizer Inc by 36.23%. The purchase prices were between $33.46 and $39.26, with an estimated average price of $36.91. The stock is now traded at around $36.47. The impact to a portfolio due to this purchase was 0.17%. The holding were 579,100 shares as of .

Cincinnati Financial Corp sold out a holding in Otis Worldwide Corp. The sale prices were between $55.78 and $65.34, with an estimated average price of $61.1.