Fort Washington Investment Advisors Inc. OH Purchases 3,580 Shares of American Financial Group, Inc. (NYSE:AFG)

Fort Washington Investment Advisors Inc. OH increased its holdings in shares of American Financial Group, Inc. (NYSE:AFG - Free Report) by 0.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 607,677 shares of the insurance provider's stock after purchasing an additional 3,580 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned 0.72% of American Financial Group worth $83,209,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Crossmark Global Holdings Inc. increased its holdings in American Financial Group by 1.4% in the fourth quarter. Crossmark Global Holdings Inc. now owns 5,798 shares of the insurance provider's stock valued at $794,000 after buying an additional 81 shares during the last quarter. Oppenheimer & Co. Inc. lifted its holdings in American Financial Group by 4.0% in the third quarter. Oppenheimer & Co. Inc. now owns 2,165 shares of the insurance provider's stock worth $291,000 after purchasing an additional 83 shares during the period. Sei Investments Co. boosted its holdings in shares of American Financial Group by 0.3% in the second quarter. Sei Investments Co. now owns 26,059 shares of the insurance provider's stock valued at $3,206,000 after acquiring an additional 86 shares in the last quarter. MML Investors Services LLC boosted its stake in American Financial Group by 3.5% during the 3rd quarter. MML Investors Services LLC now owns 3,400 shares of the insurance provider's stock valued at $458,000 after purchasing an additional 116 shares in the last quarter. Finally, Verdence Capital Advisors LLC increased its position in shares of American Financial Group by 6.3% during the 3rd quarter. Verdence Capital Advisors LLC now owns 2,100 shares of the insurance provider's stock valued at $283,000 after purchasing an additional 125 shares during the period. Institutional investors and hedge funds own 64.37% of the company's stock.

American Financial Group Stock Performance

Shares of AFG stock traded down $0.95 during mid-day trading on Wednesday, reaching $134.19. The stock had a trading volume of 162,346 shares, compared to its average volume of 264,704. The firm's 50 day simple moving average is $138.77 and its 200 day simple moving average is $134.12. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.31. The firm has a market cap of $11.26 billion, a PE ratio of 12.58 and a beta of 0.83. American Financial Group, Inc. has a one year low of $115.64 and a one year high of $150.19.

American Financial Group (NYSE:AFG - Get Free Report) last issued its quarterly earnings data on Tuesday, November 5th. The insurance provider reported $2.31 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.51 by ($0.20). The company had revenue of $2.06 billion for the quarter, compared to the consensus estimate of $1.80 billion. American Financial Group had a net margin of 10.84% and a return on equity of 19.97%. The firm's revenue was up 10.8% compared to the same quarter last year. During the same period in the previous year, the business posted $2.45 earnings per share. On average, analysts forecast that American Financial Group, Inc. will post 10.74 EPS for the current year.

American Financial Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 24th. Shareholders of record on Tuesday, January 14th will be given a $0.80 dividend. The ex-dividend date is Tuesday, January 14th. This represents a $3.20 annualized dividend and a yield of 2.38%. American Financial Group's payout ratio is 29.99%.

Analysts Set New Price Targets

A number of research firms recently commented on AFG. Piper Sandler boosted their target price on shares of American Financial Group from $135.00 to $150.00 and gave the stock a "neutral" rating in a report on Tuesday, November 12th. BMO Capital Markets upped their price target on 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. Finally, Keefe, Bruyette & Woods cut their target price on shares of American Financial Group from $165.00 to $164.00 and set an "outperform" rating for the company in a research report on Friday, January 10th.

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.