UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Raises Holdings in American Financial Group, Inc. (NYSE:AFG)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of American Financial Group, Inc. (NYSE:AFG - Free Report) by 13.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 500,451 shares of the insurance provider's stock after buying an additional 57,918 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.60% of American Financial Group worth $68,527,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Worldquant Millennium Advisors LLC increased its stake in shares of American Financial Group by 8.8% during the fourth quarter. Worldquant Millennium Advisors LLC now owns 2,481 shares of the insurance provider's stock valued at $340,000 after purchasing an additional 200 shares in the last quarter. iSAM Funds UK Ltd bought a new position in American Financial Group during the 4th quarter valued at approximately $986,000. Sovereign s Capital Management LLC purchased a new position in American Financial Group during the fourth quarter valued at $4,312,000. Tidal Investments LLC raised its stake in American Financial Group by 16.9% during the fourth quarter. Tidal Investments LLC now owns 4,280 shares of the insurance provider's stock valued at $586,000 after buying an additional 619 shares during the last quarter. Finally, Toronto Dominion Bank raised its position in shares of American Financial Group by 2.1% in the 4th quarter. Toronto Dominion Bank now owns 9,606 shares of the insurance provider's stock worth $1,315,000 after purchasing an additional 195 shares during the last quarter. 64.37% of the stock is currently owned by institutional investors.

American Financial Group Price Performance

AFG traded down $0.17 during trading on Friday, hitting $122.82. 64,124 shares of the company traded hands, compared to its average volume of 388,817. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.31. The company has a market cap of $10.28 billion, a PE ratio of 11.65 and a beta of 0.72. American Financial Group, Inc. has a 1 year low of $114.73 and a 1 year high of $150.19. The stock's 50-day simple moving average is $125.71 and its two-hundred day simple moving average is $131.01.

American Financial Group (NYSE:AFG - Get Free Report) last announced 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 firm had revenue of $1.58 billion during the quarter, compared to analysts' expectations of $1.74 billion. American Financial Group had a net margin of 10.66% and a return on equity of 20.30%. The company's revenue was down 2.6% compared to the same quarter last year. During the same period in the prior year, the company posted $2.76 EPS. As a group, sell-side 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 declared a quarterly dividend, which was paid on Friday, April 25th. Stockholders of record on Tuesday, April 15th were paid a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 2.61%. The ex-dividend date of this dividend was Tuesday, April 15th. American Financial Group's dividend payout ratio is currently 33.61%.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods decreased 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.

About American Financial Group

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.