Mariner Investment Group LLC Makes New $50.59 Million Investment in Cintas Corporation $CTAS

Mariner Investment Group LLC has made a new $50.59 million investment in Cintas Corporation, purchasing 269,000 shares which now represent 3.0% of its portfolio. Cintas recently reported quarterly earnings of $1.24 per share, matching expectations, with revenue of $2.84 billion, an 8.9% increase year-over-year. Analysts currently rate Cintas as a "Hold" with an average target price of $215.92.