American Financial Group, Inc. (NYSE:AFG) Shares Acquired by Quantinno Capital Management LP

Quantinno Capital Management LP lifted its stake in shares of American Financial Group, Inc. (NYSE:AFG - Free Report) by 56.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 7,938 shares of the insurance provider's stock after buying an additional 2,869 shares during the quarter. Quantinno Capital Management LP's holdings in American Financial Group were worth $1,087,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in AFG. Barclays PLC grew its position in shares of American Financial Group by 11.0% during the third quarter. Barclays PLC now owns 63,333 shares of the insurance provider's stock worth $8,528,000 after buying an additional 6,272 shares in the last quarter. UMB Bank n.a. grew its position in shares of American Financial Group by 86.8% during the fourth quarter. UMB Bank n.a. now owns 340 shares of the insurance provider's stock worth $47,000 after buying an additional 158 shares in the last quarter. Crossmark Global Holdings Inc. grew its position in shares of American Financial Group by 1.4% during the fourth quarter. Crossmark Global Holdings Inc. now owns 5,798 shares of the insurance provider's stock worth $794,000 after buying an additional 81 shares in the last quarter. Nisa Investment Advisors LLC grew its position in shares of American Financial Group by 2.5% during the fourth quarter. Nisa Investment Advisors LLC now owns 50,625 shares of the insurance provider's stock worth $6,932,000 after buying an additional 1,250 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its position in shares of American Financial Group by 1.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 52,129 shares of the insurance provider's stock worth $7,138,000 after buying an additional 508 shares in the last quarter. 64.37% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods lowered their price objective on American Financial Group from $126.00 to $125.00 and set a "market perform" rating for the company in a research report on Friday, May 9th.

American Financial Group Price Performance

AFG stock opened at $121.35 on Friday. The business has a 50 day moving average price of $126.06 and a 200 day moving average price of $131.46. The stock has a market cap of $10.15 billion, a price-to-earnings ratio of 11.48 and a beta of 0.72. American Financial Group, Inc. has a fifty-two week low of $114.73 and a fifty-two week 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, May 6th. The insurance provider reported $1.81 earnings per share for the quarter, missing the consensus estimate of $2.17 by ($0.36). The business had revenue of $1.58 billion for the quarter, compared to analysts' expectations of $1.74 billion. American Financial Group had a return on equity of 20.30% and a net margin of 10.66%. American Financial Group's revenue for the quarter was down 2.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.76 EPS. Equities research analysts anticipate that American Financial Group, Inc. will post 10.5 earnings per share for the current fiscal year.

American Financial Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 25th. Investors of record on Tuesday, April 15th were paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 2.64%. The ex-dividend date of this dividend was Tuesday, April 15th. American Financial Group's payout ratio is 33.61%.

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.

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