American Financial Group, Inc. (NYSE:AFG) Shares Sold by Values First Advisors Inc.

Values First Advisors Inc. decreased its stake in American Financial Group, Inc. (NYSE:AFG) by 1.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,562 shares of the insurance provider’s stock after selling 242 shares during the period. American Financial Group accounts for 1.1% of Values First Advisors Inc.’s investment portfolio, making the stock its 19th largest holding. Values First Advisors Inc.’s holdings in American Financial Group were worth $1,994,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the stock. FMR LLC boosted its holdings in shares of American Financial Group by 3.8% in the 3rd quarter. FMR LLC now owns 5,516,351 shares of the insurance provider’s stock valued at $742,501,000 after buying an additional 202,522 shares in the last quarter. State Street Corp boosted its holdings in shares of American Financial Group by 4.0% in the 3rd quarter. State Street Corp now owns 2,693,356 shares of the insurance provider’s stock valued at $362,526,000 after buying an additional 104,172 shares in the last quarter. Geode Capital Management LLC raised its position in American Financial Group by 10.2% in the 3rd quarter. Geode Capital Management LLC now owns 1,553,207 shares of the insurance provider’s stock valued at $208,699,000 after purchasing an additional 143,820 shares during the last quarter. Fort Washington Investment Advisors Inc. OH raised its position in American Financial Group by 0.6% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 607,677 shares of the insurance provider’s stock valued at $83,209,000 after purchasing an additional 3,580 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in American Financial Group by 8.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 503,115 shares of the insurance provider’s stock valued at $67,719,000 after purchasing an additional 39,623 shares during the last quarter. Institutional investors and hedge funds own 64.37% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on AFG shares. BMO Capital Markets upped their price target on shares of American Financial Group from $135.00 to $143.00 and gave the company a “market perform” rating in a research report on Friday, November 15th. Keefe, Bruyette & Woods downgraded shares of American Financial Group from an “outperform” rating to a “market perform” rating and reduced their price target for the company from $164.00 to $144.00 in a research report on Friday, February 7th. Finally, Piper Sandler upped their price target on shares of American Financial Group from $135.00 to $150.00 and gave the company a “neutral” rating in a research report on Tuesday, November 12th.

American Financial Group Stock Up 0.5 %

Shares of American Financial Group stock opened at $127.22 on Wednesday. The company has a market cap of $10.68 billion, a P/E ratio of 12.04 and a beta of 0.83. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.53 and a current ratio of 0.53. American Financial Group, Inc. has a one year low of $118.97 and a one year high of $150.19. The firm has a fifty day moving average of $136.09 and a two-hundred day moving average of $134.93.

American Financial Group (NYSE:AFG) last announced its quarterly earnings data on Tuesday, February 4th. The insurance provider reported $3.12 EPS for the quarter, missing analysts’ consensus estimates of $3.15 by ($0.03). American Financial Group had a return on equity of 20.30% and a net margin of 10.66%. On average, analysts forecast that American Financial Group, Inc. will post 10.5 earnings per share for the current year.

American Financial Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 24th. Shareholders of record on Tuesday, January 14th were given a dividend of $0.80 per share. The ex-dividend date was Tuesday, January 14th. This represents a $3.20 dividend on an annualized basis and a yield of 2.52%. American Financial Group’s payout ratio is currently 30.27%.

American Financial Group Profile

American Financial Group, Inc, an insurance holding company, provides specialty property and casualty insurance products in the United States. The company offers property and transportation insurance products, such as physical damage and liability coverage for buses and trucks, inland and ocean marine, agricultural-related products, and other commercial property and specialty transportation coverages; specialty casualty insurance, including primarily excess and surplus, executive and professional liability, general liability, umbrella and excess liability, and specialty coverage in targeted markets, as well as customized programs for small to mid-sized businesses and workers’ compensation insurance; and specialty financial insurance products comprising risk management insurance programs for lending and leasing institutions, fidelity and surety products, and trade credit insurance.