Siemens Fonds Invest GmbH Buys New Shares in American Financial Group, Inc. (NYSE:AFG)

Siemens Fonds Invest GmbH bought a new position in American Financial Group, Inc. (NYSE:AFG - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 4,237 shares of the insurance provider's stock, valued at approximately $580,000.

Other hedge funds have also recently made changes to their positions in the company. Horan Securities Inc. increased its holdings in American Financial Group by 3.2% in the 4th quarter. Horan Securities Inc. now owns 2,595 shares of the insurance provider's stock worth $355,000 after acquiring an additional 81 shares during the last quarter. Shoker Investment Counsel Inc. boosted its position in American Financial Group by 3.3% during the fourth quarter. Shoker Investment Counsel Inc. now owns 2,648 shares of the insurance provider's stock worth $363,000 after purchasing an additional 85 shares during the period. Tokio Marine Asset Management Co. Ltd. increased its stake in shares of American Financial Group by 4.6% in the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 2,226 shares of the insurance provider's stock worth $305,000 after purchasing an additional 97 shares in the last quarter. Legacy Financial Advisors Inc. raised its position in shares of American Financial Group by 2.5% in the fourth 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. Finally, Utah Retirement Systems raised its position in shares of American Financial Group by 0.8% in the fourth quarter. Utah Retirement Systems now owns 11,917 shares of the insurance provider's stock valued at $1,632,000 after purchasing an additional 100 shares during the period. 64.37% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

American Financial Group Price Performance

NYSE AFG traded up $0.42 during trading hours on Monday, hitting $124.40. The company had a trading volume of 173,705 shares, compared to its average volume of 392,062. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.53 and a current ratio of 0.53. The firm has a market capitalization of $10.41 billion, a price-to-earnings ratio of 11.77 and a beta of 0.72. American Financial Group, Inc. has a 52 week low of $114.73 and a 52 week high of $150.19. The firm has a 50 day simple moving average of $125.63 and a 200 day simple moving average of $130.70.

American Financial Group (NYSE:AFG - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The insurance provider reported $1.81 EPS for the quarter, missing analysts' consensus estimates of $2.17 by ($0.36). The firm had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.74 billion. American Financial Group had a net margin of 10.66% and a return on equity of 20.30%. American Financial Group's revenue was down 2.6% compared to the same quarter last year. During the same quarter last year, the business posted $2.76 earnings per share. Equities research analysts expect that American Financial Group, Inc. will post 10.5 earnings per share for the current year.

American Financial Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 25th. Stockholders of record on Tuesday, April 15th were issued a $0.80 dividend. The ex-dividend date was Tuesday, April 15th. This represents a $3.20 annualized dividend and a dividend yield of 2.57%. American Financial Group's payout ratio is currently 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.