Roman Butler Fullerton & Co. Invests $444,000 in American Financial Group, Inc. (NYSE:AFG)

Roman Butler Fullerton & Co. acquired a new stake in American Financial Group, Inc. (NYSE:AFG - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 3,493 shares of the insurance provider's stock, valued at approximately $444,000.

Several other hedge funds also recently bought and sold shares of AFG. Natixis purchased a new stake in American Financial Group in the 4th quarter worth approximately $47,000. Lazard Asset Management LLC bought a new position in shares of American Financial Group in the fourth quarter worth $53,000. Jones Financial Companies Lllp raised its position in shares of American Financial Group by 91.2% in the fourth quarter. Jones Financial Companies Lllp now owns 520 shares of the insurance provider's stock worth $71,000 after buying an additional 248 shares in the last quarter. Measured Risk Portfolios Inc. purchased a new stake in shares of American Financial Group in the fourth quarter worth $73,000. Finally, UMB Bank n.a. boosted its stake in American Financial Group by 97.4% during the first quarter. UMB Bank n.a. now owns 671 shares of the insurance provider's stock valued at $88,000 after buying an additional 331 shares during the period. Hedge funds and other institutional investors own 64.37% of the company's stock.

American Financial Group Trading Down 0.4%

Shares of American Financial Group stock opened at $123.46 on Wednesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.67 and a quick ratio of 0.67. American Financial Group, Inc. has a 1 year low of $114.73 and a 1 year high of $150.19. The firm has a market cap of $10.33 billion, a PE ratio of 12.97 and a beta of 0.72. The company has a 50 day simple moving average of $125.22 and a two-hundred day simple moving average of $129.12.

American Financial Group (NYSE:AFG - Get Free Report) last issued its earnings results on Tuesday, May 6th. The insurance provider reported $1.81 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 business had revenue of $1.58 billion during the quarter, compared to analysts' expectations of $1.74 billion. During the same quarter in the previous year, the business earned $2.76 EPS. American Financial Group's revenue for the quarter was down 2.6% compared to the same quarter last year. Analysts expect 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 declared a quarterly dividend, which was paid on Friday, April 25th. Investors of record on Tuesday, April 15th were paid a $0.80 dividend. The ex-dividend date was Tuesday, April 15th. This represents a $3.20 annualized dividend and a dividend yield of 2.59%. American Financial Group's payout ratio is 33.61%.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods decreased their target price on American Financial Group from $126.00 to $125.00 and set a "market perform" rating on the stock in a research note 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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