American Financial Group, Inc. (NYSE:AFG) Shares Sold by Fmr LLC

FMR LLC trimmed its holdings in shares of American Financial Group, Inc. (NYSE:AFG - Free Report) by 1.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,448,574 shares of the insurance provider's stock after selling 67,777 shares during the quarter. FMR LLC owned 6.49% of American Financial Group worth $746,073,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. UMB Bank n.a. lifted its holdings in American Financial Group by 86.8% during the 4th quarter. UMB Bank n.a. now owns 340 shares of the insurance provider's stock valued at $47,000 after buying an additional 158 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of American Financial Group by 91.2% during the fourth quarter. Jones Financial Companies Lllp now owns 520 shares of the insurance provider's stock worth $71,000 after acquiring an additional 248 shares during the period. Allworth Financial LP raised its stake in shares of American Financial Group by 301.1% during the fourth quarter. Allworth Financial LP now owns 702 shares of the insurance provider's stock valued at $94,000 after acquiring an additional 527 shares in the last quarter. iA Global Asset Management Inc. bought a new stake in shares of American Financial Group during the third quarter valued at approximately $125,000. Finally, GAMMA Investing LLC boosted its holdings in shares of American Financial Group by 31.6% in the fourth quarter. GAMMA Investing LLC now owns 1,059 shares of the insurance provider's stock valued at $145,000 after purchasing an additional 254 shares during the period. 64.37% of the stock is owned by hedge funds and other institutional investors.

American Financial Group Stock Up 0.7 %

Shares of AFG traded up $0.88 during mid-day trading on Friday, hitting $125.82. The company's stock had a trading volume of 553,917 shares, compared to its average volume of 371,302. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.31. The company's 50-day moving average is $125.37 and its 200-day moving average is $132.92. American Financial Group, Inc. has a 52-week low of $114.73 and a 52-week high of $150.19. The firm has a market capitalization of $10.53 billion, a price-to-earnings ratio of 11.90 and a beta of 0.59.

American Financial Group (NYSE:AFG - Get Free Report) last posted its earnings results on Tuesday, February 4th. The insurance provider reported $3.12 earnings per share 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, equities research analysts forecast that American Financial Group, Inc. will post 10.5 EPS for the current fiscal year.

American Financial Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Tuesday, April 15th will be issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a dividend yield of 2.54%. The ex-dividend date is Tuesday, April 15th. American Financial Group's dividend payout ratio is presently 30.27%.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods decreased their target price on American Financial Group from $144.00 to $126.00 and set a "market perform" rating for the company in a research report on Wednesday.

Insider Buying and Selling

In related news, Director Gregory G. Joseph purchased 3,000 shares of the business's stock in a transaction on Thursday, February 20th. The shares were bought at an average cost of $121.00 per share, with a total value of $363,000.00. Following the transaction, the director now owns 57,477 shares of the company's stock, valued at approximately $6,954,717. This trade represents a 5.51 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 14.50% of the company's stock.

American Financial Group Company 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.