Boston Trust Walden Corp Has $49.69 Million Stake in American Financial Group, Inc. (NYSE:AFG)

Boston Trust Walden Corp grew its holdings in shares of American Financial Group, Inc. (NYSE:AFG - Free Report) by 5.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 417,924 shares of the insurance provider's stock after acquiring an additional 19,867 shares during the period. Boston Trust Walden Corp owned about 0.50% of American Financial Group worth $49,687,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. TIAA Trust National Association acquired a new stake in shares of American Financial Group during the fourth quarter valued at about $328,000. Fifth Third Bancorp grew its stake in American Financial Group by 24.6% in the fourth quarter. Fifth Third Bancorp now owns 4,767 shares of the insurance provider's stock worth $567,000 after purchasing an additional 942 shares in the last quarter. Hengehold Capital Management LLC grew its stake in American Financial Group by 1.8% in the fourth quarter. Hengehold Capital Management LLC now owns 18,237 shares of the insurance provider's stock worth $2,168,000 after purchasing an additional 319 shares in the last quarter. Values First Advisors Inc. grew its stake in American Financial Group by 2.4% in the fourth quarter. Values First Advisors Inc. now owns 15,822 shares of the insurance provider's stock worth $1,881,000 after purchasing an additional 374 shares in the last quarter. Finally, Assenagon Asset Management S.A. grew its stake in American Financial Group by 1,804.5% in the fourth quarter. Assenagon Asset Management S.A. now owns 96,652 shares of the insurance provider's stock worth $11,491,000 after purchasing an additional 91,577 shares in the last quarter. 64.37% of the stock is currently owned by institutional investors and hedge funds.

American Financial Group Stock Performance

NYSE AFG traded up $0.26 during trading hours on Friday, reaching $132.56. The company's stock had a trading volume of 234,078 shares, compared to its average volume of 351,106. The company has a current ratio of 0.47, a quick ratio of 0.47 and a debt-to-equity ratio of 0.35. The business has a 50-day simple moving average of $127.51 and a 200 day simple moving average of $118.80. American Financial Group, Inc. has a 52 week low of $105.22 and a 52 week high of $137.71. The stock has a market cap of $11.09 billion, a PE ratio of 13.19 and a beta of 0.79.

American Financial Group (NYSE:AFG - Get Free Report) last released its quarterly earnings results on Wednesday, February 7th. The insurance provider reported $2.84 earnings per share for the quarter, beating analysts' consensus estimates of $2.81 by $0.03. The company had revenue of $1.73 billion for the quarter, compared to analysts' expectations of $1.67 billion. American Financial Group had a return on equity of 22.14% and a net margin of 10.89%. The business's revenue for the quarter was up 6.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.99 earnings per share. Equities research analysts predict that American Financial Group, Inc. will post 11.02 earnings per share for the current fiscal year.

American Financial Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 25th. Stockholders of record on Monday, April 15th will be issued a dividend of $0.71 per share. The ex-dividend date is Friday, April 12th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 2.14%. American Financial Group's dividend payout ratio (DPR) is presently 28.26%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Piper Sandler reiterated a "neutral" rating and issued a $129.00 price target on shares of American Financial Group in a research note on Monday. Citigroup lifted their price target on American Financial Group from $139.00 to $150.00 and gave the stock a "buy" rating in a research note on Monday, March 25th. Finally, Janney Montgomery Scott assumed coverage on American Financial Group in a research note on Thursday, December 14th. They issued a "buy" rating and a $135.00 price target for the company. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, American Financial Group currently has a consensus rating of "Hold" and an average price target of $133.50.

Insider Activity

In other news, SVP Michelle A. Gillis sold 5,176 shares of American Financial Group stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $121.00, for a total transaction of $626,296.00. Following the sale, the senior vice president now owns 45,372 shares of the company's stock, valued at $5,490,012. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In related news, VP Mark A. Weiss sold 2,500 shares of the business's stock in a transaction that occurred on Wednesday, February 28th. The stock was sold at an average price of $127.06, for a total transaction of $317,650.00. Following the sale, the vice president now owns 7,553 shares of the company's stock, valued at $959,684.18. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Michelle A. Gillis sold 5,176 shares of American Financial Group stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $121.00, for a total transaction of $626,296.00. Following the completion of the transaction, the senior vice president now owns 45,372 shares in the company, valued at approximately $5,490,012. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 14,843 shares of company stock valued at $1,854,746. Insiders own 14.60% of the company's stock.

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.