American Financial Group, Inc. (NYSE:AFG) Holdings Lowered by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH decreased its holdings in American Financial Group, Inc. (NYSE:AFG - Free Report) by 6.6% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 141,033 shares of the insurance provider's stock after selling 9,959 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned 0.17% of American Financial Group worth $18,523,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of AFG. Private Trust Co. NA grew its stake in shares of American Financial Group by 144.3% in the first quarter. Private Trust Co. NA now owns 215 shares of the insurance provider's stock worth $28,000 after purchasing an additional 127 shares in the last quarter. Natixis acquired a new stake in shares of American Financial Group in the fourth quarter valued at $47,000. Lazard Asset Management LLC acquired a new stake in shares of American Financial Group in the fourth quarter valued at $53,000. Measured Risk Portfolios Inc. acquired a new stake in shares of American Financial Group in the fourth quarter valued at $73,000. Finally, UMB Bank n.a. lifted its holdings in shares of American Financial Group by 97.4% in 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. Institutional investors own 64.37% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on AFG. Keefe, Bruyette & Woods upped their price objective on American Financial Group from $125.00 to $127.00 and gave the company a "market perform" rating in a report on Wednesday, July 9th. Wall Street Zen lowered American Financial Group from a "hold" rating to a "sell" rating in a report on Saturday, June 21st.

American Financial Group Price Performance

Shares of American Financial Group stock traded down $0.67 during trading on Monday, hitting $125.54. The stock had a trading volume of 67,596 shares, compared to its average volume of 504,942. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.67 and a quick ratio of 0.67. The firm has a market cap of $10.50 billion, a P/E ratio of 13.19 and a beta of 0.71. The business has a fifty day moving average of $124.97 and a two-hundred day moving average of $126.71. American Financial Group, Inc. has a fifty-two week low of $114.73 and a fifty-two week high of $150.19.

American Financial Group (NYSE:AFG - Get Free Report) last announced its earnings results on Tuesday, May 6th. The insurance provider reported $1.81 EPS for the quarter, missing the consensus estimate of $2.17 by ($0.36). American Financial Group had a net margin of 9.66% and a return on equity of 18.34%. The company had revenue of $1.58 billion for the quarter, compared to analysts' expectations of $1.74 billion. During the same period in the prior year, the company earned $2.76 earnings per share. The company's revenue for the quarter was down 2.6% on a year-over-year basis. On average, sell-side analysts expect that American Financial Group, Inc. will post 10.5 earnings per share for the current fiscal year.

American Financial Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 25th. Stockholders of record on Tuesday, July 15th were issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a dividend yield of 2.55%. The ex-dividend date was Tuesday, July 15th. American Financial Group's dividend 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.