American Financial Group Inc. (NYSE:AFG) shares saw strong trading volume on Monday . 401,600 shares were traded during trading, an increase of 79% from the previous session’s volume of 224,007 shares.The stock last traded at $75.07 and had previously closed at $74.85.

Several analysts have recently issued reports on the stock. Zacks Investment Research cut shares of American Financial Group from a “buy” rating to a “hold” rating in a research report on Friday, August 19th. Janney Montgomery Scott reissued a “buy” rating on shares of American Financial Group in a research report on Thursday, June 30th. Finally, Sandler O’Neill raised shares of American Financial Group from a “hold” rating to a “buy” rating and increased their price target for the stock from $74.00 to $81.00 in a research report on Friday, August 12th.

The stock has a market cap of $6.52 billion and a PE ratio of 19.19. The firm’s 50 day moving average is $73.50 and its 200 day moving average is $71.21.

American Financial Group (NYSE:AFG) last posted its quarterly earnings data on Tuesday, August 2nd. The company reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.27 by $0.01. During the same quarter in the prior year, the business posted $1.28 EPS. The company had revenue of $1.58 billion for the quarter, compared to analysts’ expectations of $1.06 billion. The company’s revenue for the quarter was up 4.3% compared to the same quarter last year. Equities analysts forecast that American Financial Group Inc. will post $5.70 EPS for the current year.

In related news, Director James E. Evans sold 15,000 shares of American Financial Group stock in a transaction dated Tuesday, August 30th. The stock was sold at an average price of $75.16, for a total transaction of $1,127,400.00. Following the completion of the sale, the director now owns 148,001 shares in the company, valued at approximately $11,123,755.16. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Carl H. Lindner III sold 100,000 shares of American Financial Group stock in a transaction dated Thursday, August 4th. The stock was sold at an average price of $71.81, for a total value of $7,181,000.00. The disclosure for this sale can be found here.

An institutional investor recently raised its position in American Financial Group stock. Morgan Stanley increased its stake in American Financial Group Inc. (NYSE:AFG) by 34.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 159,323 shares of the company’s stock after buying an additional 40,653 shares during the period. Morgan Stanley owned about 0.18% of American Financial Group worth $11,484,000 at the end of the most recent quarter.

American Financial Group, Inc (AFG) is a holding company engaged primarily in property and casualty insurance businesses. The Company, through Great American Insurance Group, focuses on commercial products for businesses, and is engaged in the sale of fixed and fixed-indexed annuities in the retail, financial institutions and education markets.

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