Robeco Institutional Asset Management B.V. Invests $1.07 Million in American Financial Group, Inc. (NYSE:AFG)

Robeco Institutional Asset Management B.V. acquired a new position in shares of American Financial Group, Inc. (NYSE:AFG - Free Report) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 7,932 shares of the insurance provider's stock, valued at approximately $1,068,000.

A number of other large investors have also recently added to or reduced their stakes in AFG. Innealta Capital LLC bought a new stake in shares of American Financial Group in the second quarter worth $30,000. Headlands Technologies LLC acquired a new position in shares of American Financial Group during the 2nd quarter worth about $38,000. Covestor Ltd grew its holdings in shares of American Financial Group by 402.3% in the 1st quarter. Covestor Ltd now owns 432 shares of the insurance provider's stock valued at $59,000 after acquiring an additional 346 shares in the last quarter. Blue Trust Inc. increased its position in shares of American Financial Group by 44.3% in the second quarter. Blue Trust Inc. now owns 433 shares of the insurance provider's stock valued at $59,000 after acquiring an additional 133 shares during the last quarter. Finally, Abich Financial Wealth Management LLC raised its holdings in American Financial Group by 10,460.0% during the first quarter. Abich Financial Wealth Management LLC now owns 528 shares of the insurance provider's stock worth $72,000 after acquiring an additional 523 shares in the last quarter. Institutional investors own 64.37% of the company's stock.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets increased their price target on shares of American Financial Group from $132.00 to $135.00 and gave the company a "market perform" rating in a research note on Tuesday, October 8th.

American Financial Group Stock Performance

Shares of AFG stock traded up $3.44 during trading on Monday, reaching $142.21. 427,735 shares of the company's stock were exchanged, compared to its average volume of 302,713. American Financial Group, Inc. has a twelve month low of $107.73 and a twelve month high of $142.71. The firm's fifty day moving average price is $134.09 and its 200-day moving average price is $129.88. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $11.93 billion, a PE ratio of 13.33 and a beta of 0.79.

American Financial Group (NYSE:AFG - Get Free Report) last posted its earnings results 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). American Financial Group had a return on equity of 20.45% and a net margin of 10.84%. The company had revenue of $2.06 billion for the quarter, compared to analyst estimates of $1.80 billion. During the same quarter in the prior year, the business posted $2.45 EPS. The business's quarterly revenue was up 10.8% compared to the same quarter last year. As a group, sell-side analysts anticipate that American Financial Group, Inc. will post 10.93 EPS for the current year.

American Financial Group Increases Dividend

The company also recently disclosed a None dividend, which will be paid on Tuesday, November 26th. Stockholders of record on Friday, November 15th will be issued a dividend of $4.00 per share. The ex-dividend date is Friday, November 15th. This is a boost from American Financial Group's previous None dividend of $1.00. American Financial Group's payout ratio is currently 29.99%.

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.