U.S. Capital Wealth Advisors LLC Buys New Shares in American Financial Group, Inc. (NYSE:AFG)

U.S. Capital Wealth Advisors LLC acquired a new position in shares of American Financial Group, Inc. (NYSE:AFG - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 15,614 shares of the insurance provider's stock, valued at approximately $1,856,000.

Other hedge funds also recently modified their holdings of the company. VisionPoint Advisory Group LLC increased its holdings in shares of American Financial Group by 132.5% during the third quarter. VisionPoint Advisory Group LLC now owns 272 shares of the insurance provider's stock worth $30,000 after buying an additional 155 shares in the last quarter. Arlington Trust Co LLC bought a new stake in shares of American Financial Group during the fourth quarter valued at approximately $42,000. GAMMA Investing LLC bought a new stake in shares of American Financial Group during the fourth quarter valued at approximately $53,000. Itau Unibanco Holding S.A. bought a new stake in shares of American Financial Group during the third quarter valued at approximately $52,000. Finally, Allspring Global Investments Holdings LLC grew its stake in shares of American Financial Group by 7,616.7% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 926 shares of the insurance provider's stock valued at $110,000 after purchasing an additional 914 shares during the last quarter. Institutional investors and hedge funds own 64.37% of the company's stock.

American Financial Group Trading Down 0.2 %

AFG stock traded down $0.27 during midday trading on Friday, reaching $127.41. The company's stock had a trading volume of 246,863 shares, compared to its average volume of 273,413. 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 $10.68 billion, a PE ratio of 12.19 and a beta of 0.79. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 0.35. The business's 50-day simple moving average is $129.98 and its 200-day simple moving average is $121.22.

American Financial Group (NYSE:AFG - Get Free Report) last announced its quarterly earnings data on Thursday, May 2nd. The insurance provider reported $2.76 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.70 by $0.06. American Financial Group had a net margin of 11.03% and a return on equity of 21.56%. The firm had revenue of $1.91 billion for the quarter, compared to analysts' expectations of $1.89 billion. During the same period last year, the firm earned $2.89 earnings per share. As a group, sell-side analysts expect that American Financial Group, Inc. will post 10.99 EPS for the current year.

American Financial Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 25th. Shareholders of record on Monday, April 15th were paid a $0.71 dividend. The ex-dividend date was Friday, April 12th. This represents a $2.84 dividend on an annualized basis and a yield of 2.23%. American Financial Group's payout ratio is presently 27.18%.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on AFG. Piper Sandler reissued a "neutral" rating and set a $129.00 price target on shares of American Financial Group in a research note on Monday, April 1st. Citigroup increased their price target on shares of American Financial Group from $139.00 to $150.00 and gave the company a "buy" rating in a research note on Monday, March 25th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, American Financial Group has an average rating of "Hold" and an average price target of $133.50.

Insider Buying and Selling at American Financial Group

In other American Financial Group news, CFO Brian S. Hertzman sold 1,067 shares of the stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $126.95, for a total value of $135,455.65. Following the sale, the chief financial officer now directly owns 10,583 shares in the company, valued at $1,343,511.85. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other American Financial Group news, Director James E. Evans sold 2,274 shares of the stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $128.64, for a total value of $292,527.36. Following the sale, the director now directly owns 105,302 shares in the company, valued at $13,546,049.28. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Brian S. Hertzman sold 1,067 shares of the stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $126.95, for a total transaction of $135,455.65. Following the completion of the sale, the chief financial officer now owns 10,583 shares in the company, valued at $1,343,511.85. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 14,843 shares of company stock valued at $1,854,746. 14.50% of the stock is currently owned by insiders.

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.