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

Values First Advisors Inc. lifted its position in shares of American Financial Group, Inc. (NYSE:AFG) by 2.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 15,822 shares of the insurance provider’s stock after buying an additional 374 shares during the quarter. American Financial Group makes up about 1.1% of Values First Advisors Inc.’s holdings, making the stock its 25th largest position. Values First Advisors Inc.’s holdings in American Financial Group were worth $1,881,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Tudor Investment Corp Et Al raised its stake in shares of American Financial Group by 1,096.3% during the 3rd quarter. Tudor Investment Corp Et Al now owns 20,481 shares of the insurance provider’s stock worth $2,287,000 after buying an additional 18,769 shares during the last quarter. Qsemble Capital Management LP purchased a new stake in shares of American Financial Group during the 3rd quarter worth about $692,000. Northern Trust Corp grew its holdings in shares of American Financial Group by 4.0% during the 3rd quarter. Northern Trust Corp now owns 635,387 shares of the insurance provider’s stock worth $70,954,000 after purchasing an additional 24,630 shares during the period. Royal London Asset Management Ltd. grew its holdings in shares of American Financial Group by 30.8% during the 3rd quarter. Royal London Asset Management Ltd. now owns 43,952 shares of the insurance provider’s stock worth $4,909,000 after purchasing an additional 10,345 shares during the period. Finally, Teachers Retirement System of The State of Kentucky grew its holdings in shares of American Financial Group by 93.7% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 23,824 shares of the insurance provider’s stock worth $2,660,000 after purchasing an additional 11,522 shares during the period. Institutional investors and hedge funds own 64.37% of the company’s stock.

Insider Buying and Selling at American Financial Group

In other American Financial Group news, SVP Michelle A. Gillis sold 5,176 shares of the company’s stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $121.00, for a total value of $626,296.00. Following the transaction, the senior vice president now directly owns 45,372 shares of the company’s stock, valued at approximately $5,490,012. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, SVP Michelle A. Gillis sold 2,053 shares of the business’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $126.81, for a total value of $260,340.93. Following the completion of the sale, the senior vice president now directly owns 48,554 shares in the company, valued at approximately $6,157,132.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Michelle A. Gillis sold 5,176 shares of the business’s stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $121.00, for a total value of $626,296.00. Following the completion of the sale, the senior vice president now owns 45,372 shares of the company’s stock, valued at $5,490,012. The disclosure for this sale can be found here. Insiders have sold a total of 14,843 shares of company stock valued at $1,854,746 in the last three months. Corporate insiders own 14.60% of the company’s stock.

American Financial Group Stock Down 0.2 %

Shares of AFG traded down $0.32 during trading on Friday, reaching $136.48. The company’s stock had a trading volume of 208,508 shares, compared to its average volume of 357,635. The company has a fifty day moving average of $125.81 and a two-hundred day moving average of $117.88. American Financial Group, Inc. has a twelve month low of $105.22 and a twelve month high of $137.71. The company has a market cap of $11.42 billion, a price-to-earnings ratio of 13.57 and a beta of 0.78. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 0.35.

American Financial Group (NYSE:AFG) last announced its earnings results on Wednesday, February 7th. The insurance provider reported $2.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.81 by $0.03. American Financial Group had a return on equity of 22.14% and a net margin of 10.89%. The company had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.67 billion. During the same period in the prior year, the company posted $2.99 EPS. American Financial Group’s quarterly revenue was up 6.7% on a year-over-year basis. On average, sell-side analysts predict that American Financial Group, Inc. will post 11.02 EPS for the current fiscal year.

American Financial Group Increases Dividend

The firm also recently announced a None dividend, which was paid on Wednesday, February 28th. Shareholders of record on Friday, February 16th were given a $2.50 dividend. This is a positive change from American Financial Group’s previous None dividend of $1.50. The ex-dividend date of this dividend was Thursday, February 15th. American Financial Group’s dividend payout ratio is presently 28.26%.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Janney Montgomery Scott assumed coverage on American Financial Group in a research report on Thursday, December 14th. They set a “buy” rating and a $135.00 price target on the stock. Piper Sandler lowered American Financial Group from an “overweight” rating to a “neutral” rating and set a $129.00 price target on the stock. in a research report on Thursday, February 8th. Finally, Citigroup boosted their price target on American Financial Group from $139.00 to $150.00 and gave the stock a “buy” rating in a research report on Monday. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $133.50.

About American Financial Group

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.