Investors Sell American Financial Group (AFG) on Strength (AFG)

Investors sold shares of American Financial Group Inc (NYSE:AFG) on strength during trading hours on Friday. $3.88 million flowed into the stock on the tick-up and $13.90 million flowed out of the stock on the tick-down, for a money net flow of $10.02 million out of the stock. Of all equities tracked, American Financial Group had the 0th highest net out-flow for the day. American Financial Group traded up $0.32 for the day and closed at $114.03

Several brokerages have recently weighed in on AFG. Zacks Investment Research cut shares of American Financial Group from a “buy” rating to a “hold” rating in a research report on Monday, April 9th. ValuEngine cut shares of American Financial Group from a “buy” rating to a “hold” rating in a research report on Monday, April 2nd. Bank of America upped their price target on shares of American Financial Group from $120.00 to $122.00 and gave the stock a “buy” rating in a research report on Thursday, February 1st. Finally, Sandler O’Neill reaffirmed a “buy” rating and issued a $119.00 price target on shares of American Financial Group in a research report on Wednesday, January 10th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. American Financial Group currently has an average rating of “Hold” and a consensus target price of $117.00.

The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $10,083.22, a P/E ratio of 17.41, a P/E/G ratio of 0.89 and a beta of 0.78.

American Financial Group (NYSE:AFG) last posted its quarterly earnings data on Wednesday, January 31st. The insurance provider reported $2.20 EPS for the quarter, topping the consensus estimate of $1.67 by $0.53. The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.11 billion. American Financial Group had a net margin of 6.92% and a return on equity of 11.09%. American Financial Group’s revenue was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.98 EPS. equities analysts expect that American Financial Group Inc will post 8.24 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 25th. Investors of record on Friday, April 13th will be paid a dividend of $0.35 per share. The ex-dividend date of this dividend is Thursday, April 12th. This represents a $1.40 annualized dividend and a dividend yield of 1.23%. American Financial Group’s dividend payout ratio (DPR) is presently 21.37%.

In other news, Director Gregory G. Joseph acquired 500 shares of American Financial Group stock in a transaction that occurred on Monday, February 26th. The stock was purchased at an average price of $113.50 per share, for a total transaction of $56,750.00. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Vito C. Peraino sold 51,000 shares of the business’s stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $113.86, for a total transaction of $5,806,860.00. The disclosure for this sale can be found here. Insiders own 14.90% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Schroder Investment Management Group increased its stake in American Financial Group by 59.0% during the 4th quarter. Schroder Investment Management Group now owns 632,957 shares of the insurance provider’s stock valued at $68,701,000 after purchasing an additional 234,900 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in American Financial Group by 21.2% during the 4th quarter. Goldman Sachs Group Inc. now owns 878,626 shares of the insurance provider’s stock valued at $95,366,000 after purchasing an additional 153,971 shares in the last quarter. APG Asset Management N.V. increased its stake in American Financial Group by 43.6% during the 4th quarter. APG Asset Management N.V. now owns 420,700 shares of the insurance provider’s stock valued at $38,027,000 after purchasing an additional 127,800 shares in the last quarter. Investec Asset Management LTD increased its stake in American Financial Group by 10.5% during the 4th quarter. Investec Asset Management LTD now owns 1,294,622 shares of the insurance provider’s stock valued at $140,518,000 after purchasing an additional 123,436 shares in the last quarter. Finally, Gillson Capital LP acquired a new position in American Financial Group during the 4th quarter valued at approximately $12,985,000. Hedge funds and other institutional investors own 62.34% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Investors Sell American Financial Group (AFG) on Strength (AFG)” was published by Ticker Report and is owned by of Ticker Report. If you are accessing this piece of content on another domain, it was stolen and reposted in violation of international copyright & trademark laws. The correct version of this piece of content can be accessed at https://www.tickerreport.com/banking-finance/3379343/investors-sell-american-financial-group-afg-on-strength-afg.html.

About American Financial Group

American Financial Group, Inc (AFG) is a holding company engaged primarily in property and casualty insurance businesses. The Company, through Great American Insurance Group, focuses on commercial products for businesses, and is engaged in the sale of fixed and fixed-indexed annuities in the retail, financial institutions and education markets.

Receive News & Ratings for American Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Analyzing HAVAS  & Publicis Groupe
Analyzing HAVAS & Publicis Groupe
Head-To-Head Review: G-III Apparel Group  & Sequential Brands Group
Head-To-Head Review: G-III Apparel Group & Sequential Brands Group
Builders FirstSource  vs. Floor & Decor  Head-To-Head Survey
Builders FirstSource vs. Floor & Decor Head-To-Head Survey
Brokerages Anticipate LivePerson, Inc.  Will Post Quarterly Sales of $59.47 Million
Brokerages Anticipate LivePerson, Inc. Will Post Quarterly Sales of $59.47 Million
Traders Buy Shares of ConocoPhillips  on Weakness on Insider Selling
Traders Buy Shares of ConocoPhillips on Weakness on Insider Selling
$373.15 Million in Sales Expected for MDC Partners  This Quarter
$373.15 Million in Sales Expected for MDC Partners This Quarter


© 2006-2018 Ticker Report. Google+.