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Cintas Corporation $CTAS Shares Sold by Rathbones Group PLC
Rathbones Group PLC significantly reduced its stake in Cintas Corporation (NASDAQ:CTAS) by 6.2% in the fourth quarter, selling 38,939 shares and retaining 585,242 shares valued at approximately $110.07 million. Despite mixed analyst ratings and an average price target of $215.17, Cintas reported solid quarterly earnings of $1.24 per share and revenue of $2.84 billion, an 8.9% year-over-year increase. The company has a market cap of $69.7 billion, a P/E ratio of 49.25, and offers a quarterly dividend of $0.45.