Cintas Corporation sees shifts in institutional holdings

Recent SEC filings reveal shifting institutional positions in Cintas Corporation. KMG Fiduciary Partners LLC reduced its holdings in the business services provider by 65.6% during the second quarter, selling 16,995 shares to leave a remaining stake of 8,923 shares valued at approximately $1,518,000.

Hennion & Walsh Asset Management Inc. also decreased its position in the company by 56.6% during the second quarter. After selling 8,772 shares, the firm retained 6,718 shares worth roughly $1,143,000.

Other institutional activity includes significant moves by Two Sigma Investments LP and Voloridge Investment Management LLC, both of which increased their positions during the third quarter. Norges Bank also acquired a new stake in the company during the fourth quarter. Currently, institutional investors and hedge funds own approximately 63.46% of Cintas Corporation stock.