Boston Trust Walden Corp Has $66.09 Million Position in American Financial Group, Inc. (NYSE:AFG)

Boston Trust Walden Corp raised its stake in American Financial Group, Inc. (NYSE:AFG - Free Report) by 8.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 503,221 shares of the insurance provider's stock after purchasing an additional 40,822 shares during the period. Boston Trust Walden Corp owned 0.60% of American Financial Group worth $66,093,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Horan Securities Inc. increased its holdings in shares of American Financial Group by 3.2% in the fourth quarter. Horan Securities Inc. now owns 2,595 shares of the insurance provider's stock valued at $355,000 after purchasing an additional 81 shares during the last quarter. Shoker Investment Counsel Inc. boosted its holdings in American Financial Group by 3.3% in the 4th quarter. Shoker Investment Counsel Inc. now owns 2,648 shares of the insurance provider's stock valued at $363,000 after purchasing an additional 85 shares during the period. Legacy Financial Advisors Inc. boosted its holdings in American Financial Group by 2.5% in the 4th quarter. Legacy Financial Advisors Inc. now owns 4,127 shares of the insurance provider's stock valued at $565,000 after purchasing an additional 100 shares during the period. Utah Retirement Systems grew its position in shares of American Financial Group by 0.8% during the 4th quarter. Utah Retirement Systems now owns 11,917 shares of the insurance provider's stock worth $1,632,000 after purchasing an additional 100 shares in the last quarter. Finally, Van ECK Associates Corp increased its holdings in shares of American Financial Group by 0.8% during the fourth quarter. Van ECK Associates Corp now owns 12,040 shares of the insurance provider's stock worth $1,649,000 after purchasing an additional 101 shares during the period. 64.37% of the stock is currently owned by institutional investors and hedge funds.

American Financial Group Stock Performance

AFG opened at $122.75 on Thursday. The firm has a market cap of $10.27 billion, a P/E ratio of 12.89 and a beta of 0.72. The business's fifty day moving average is $125.16 and its 200-day moving average is $129.07. American Financial Group, Inc. has a 52-week low of $114.73 and a 52-week high of $150.19. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.67 and a current ratio of 0.67.

American Financial Group (NYSE:AFG - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The insurance provider reported $1.81 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.17 by ($0.36). American Financial Group had a return on equity of 18.34% and a net margin of 9.66%. The firm had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.74 billion. During the same quarter in the previous year, the company earned $2.76 earnings per share. The company's quarterly revenue was down 2.6% on a year-over-year basis. Sell-side analysts expect that American Financial Group, Inc. will post 10.5 EPS 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. Shareholders 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 2.61%. The ex-dividend date of this dividend was Tuesday, April 15th. American Financial Group's payout ratio is presently 33.61%.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods dropped their price target on shares of 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 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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