ETRADE Capital Management LLC Has $368,000 Holdings in American Financial Group Inc (AFG)
ETRADE Capital Management LLC grew its position in shares of American Financial Group Inc (NYSE:AFG) by 27.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,387 shares of the insurance provider’s stock after buying an additional 727 shares during the quarter. ETRADE Capital Management LLC’s holdings in American Financial Group were worth $368,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently made changes to their positions in the business. MML Investors Services LLC purchased a new position in American Financial Group during the 4th quarter worth $308,000. Amundi Pioneer Asset Management Inc. purchased a new position in American Financial Group during the 4th quarter worth $3,115,000. WINTON GROUP Ltd purchased a new position in American Financial Group during the 4th quarter worth $5,695,000. Investec Asset Management LTD grew its stake in shares of American Financial Group by 10.5% during the 4th quarter. Investec Asset Management LTD now owns 1,294,622 shares of the insurance provider’s stock worth $140,518,000 after purchasing an additional 123,436 shares during the period. Finally, Burney Co. grew its stake in shares of American Financial Group by 11.1% during the 4th quarter. Burney Co. now owns 84,717 shares of the insurance provider’s stock worth $9,195,000 after purchasing an additional 8,451 shares during the period. Institutional investors own 62.32% of the company’s stock.
A number of equities analysts have recently weighed in on the stock. ValuEngine raised shares of American Financial Group from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Bank of America upped their price target on shares of American Financial Group from $120.00 to $122.00 and gave the stock a “buy” rating in a research note on Thursday, February 1st. Zacks Investment Research raised shares of American Financial Group from a “hold” rating to a “buy” rating and set a $123.00 price target on the stock in a research note on Thursday, January 18th. Finally, Sandler O’Neill reaffirmed a “buy” rating and set a $119.00 price target on shares of American Financial Group in a research note on Wednesday, January 10th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company. American Financial Group has a consensus rating of “Buy” and a consensus target price of $116.75.
American Financial Group Inc (AFG) opened at $114.63 on Tuesday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.18 and a current ratio of 0.18. American Financial Group Inc has a 12 month low of $92.45 and a 12 month high of $121.69. The firm has a market cap of $10,276.87, a price-to-earnings ratio of 17.72, a PEG ratio of 1.17 and a beta of 0.80.
American Financial Group (NYSE:AFG) last posted its quarterly earnings results on Wednesday, January 31st. The insurance provider reported $2.20 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.67 by $0.53. American Financial Group had a net margin of 6.92% and a return on equity of 11.09%. The business had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.11 billion. During the same period in the prior year, the company posted $1.98 EPS. The business’s revenue for the quarter was up 7.1% on a year-over-year basis. research analysts predict that American Financial Group Inc will post 8.2 earnings per share for the current year.
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American Financial Group Profile
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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