Tredje AP fonden Has $770,000 Holdings in American Financial Group, Inc. (NYSE:AFG)

Tredje AP fonden decreased its holdings in American Financial Group, Inc. (NYSE:AFG - Free Report) by 50.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,623 shares of the insurance provider's stock after selling 5,623 shares during the period. Tredje AP fonden's holdings in American Financial Group were worth $770,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Crossmark Global Holdings Inc. increased its stake in shares of American Financial Group by 37.4% in the third quarter. Crossmark Global Holdings Inc. now owns 5,717 shares of the insurance provider's stock worth $770,000 after acquiring an additional 1,557 shares during the last quarter. GSA Capital Partners LLP acquired a new position in American Financial Group in the 3rd quarter worth about $579,000. Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of American Financial Group by 3.8% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 147,860 shares of the insurance provider's stock valued at $19,902,000 after buying an additional 5,352 shares during the last quarter. Oppenheimer & Co. Inc. lifted its holdings in shares of American Financial Group by 4.0% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 2,165 shares of the insurance provider's stock valued at $291,000 after buying an additional 83 shares during the last quarter. Finally, KBC Group NV grew its stake in shares of American Financial Group by 191.5% in the 3rd quarter. KBC Group NV now owns 21,807 shares of the insurance provider's stock valued at $2,935,000 after buying an additional 14,327 shares in the last quarter. 64.37% of the stock is currently owned by institutional investors and hedge funds.

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Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods cut shares of American Financial Group from an "outperform" rating to a "market perform" rating and reduced their target price for the company from $164.00 to $144.00 in a research note on Friday, February 7th.

American Financial Group Stock Down 0.4 %

Shares of NYSE:AFG traded down $0.47 on Wednesday, reaching $125.01. The company had a trading volume of 568,160 shares, compared to its average volume of 319,510. The stock has a market capitalization of $10.50 billion, a P/E ratio of 11.83 and a beta of 0.79. The stock has a 50-day moving average price of $129.10 and a 200 day moving average price of $134.18. American Financial Group, Inc. has a twelve month low of $118.97 and a twelve month high of $150.19. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.31.

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 the consensus estimate 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 analysts expect that American Financial Group, Inc. will post 10.5 EPS for the current year.

American Financial Group Dividend Announcement

The company also recently announced a special dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 17th will be issued a $2.00 dividend. The ex-dividend date is Monday, March 17th. American Financial Group's dividend payout ratio (DPR) is presently 30.27%.

Insider Buying and Selling

In other American Financial Group news, Director Gregory G. Joseph purchased 3,000 shares of the stock in a transaction dated 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 completion of the transaction, the director now owns 57,477 shares in the company, valued at $6,954,717. This trade represents a 5.51 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 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.