American Financial Group Inc. (NYSE:AFG) CEO S Craig Lindner sold 25,000 shares of American Financial Group stock in a transaction dated Tuesday, November 22nd. The stock was sold at an average price of $81.31, for a total transaction of $2,032,750.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

S Craig Lindner also recently made the following trade(s):

  • On Wednesday, November 23rd, S Craig Lindner sold 30,000 shares of American Financial Group stock. The stock was sold at an average price of $81.35, for a total transaction of $2,440,500.00.
  • On Monday, November 7th, S Craig Lindner sold 50,000 shares of American Financial Group stock. The stock was sold at an average price of $75.52, for a total transaction of $3,776,000.00.

American Financial Group Inc. (NYSE:AFG) opened at 81.76 on Friday. The stock’s 50 day moving average is $76.93 and its 200 day moving average is $74.09. American Financial Group Inc. has a 12-month low of $64.87 and a 12-month high of $81.78. The stock has a market capitalization of $7.10 billion, a PE ratio of 18.44 and a beta of 0.63.

American Financial Group (NYSE:AFG) last posted its quarterly earnings results on Tuesday, November 1st. The company reported $1.51 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.49 by $0.02. The company had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.19 billion. American Financial Group had a net margin of 6.16% and a return on equity of 9.74%. The firm’s revenue was down 1.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.38 EPS. Equities analysts anticipate that American Financial Group Inc. will post $5.67 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for American Financial Group (NYSE:AFG)

The firm also recently announced a special dividend, which will be paid on Wednesday, December 7th. Shareholders of record on Wednesday, November 23rd will be issued a dividend of $1.00 per share. This represents a yield of 1.64%. The ex-dividend date of this dividend is Monday, November 21st. American Financial Group’s payout ratio is 28.15%.

A number of hedge funds and other institutional investors have recently modified their holdings of AFG. LS Investment Advisors LLC boosted its position in shares of American Financial Group by 73.6% in the second quarter. LS Investment Advisors LLC now owns 4,285 shares of the company’s stock valued at $317,000 after buying an additional 1,816 shares during the last quarter. Dorsey Wright & Associates boosted its position in shares of American Financial Group by 30.3% in the second quarter. Dorsey Wright & Associates now owns 10,293 shares of the company’s stock valued at $761,000 after buying an additional 2,394 shares during the last quarter. Reinhart Partners Inc. boosted its position in shares of American Financial Group by 5.8% in the second quarter. Reinhart Partners Inc. now owns 209,752 shares of the company’s stock valued at $15,507,000 after buying an additional 11,588 shares during the last quarter. First Quadrant L P CA boosted its position in shares of American Financial Group by 160.6% in the second quarter. First Quadrant L P CA now owns 181,100 shares of the company’s stock valued at $13,389,000 after buying an additional 111,600 shares during the last quarter. Finally, Leavell Investment Management Inc. boosted its position in shares of American Financial Group by 7.0% in the second quarter. Leavell Investment Management Inc. now owns 7,600 shares of the company’s stock valued at $562,000 after buying an additional 500 shares during the last quarter. Institutional investors own 59.68% of the company’s stock.

Several research analysts have issued reports on AFG shares. Sandler O’Neill raised shares of American Financial Group from a “hold” rating to a “buy” rating and lifted their target price for the stock from $74.00 to $81.00 in a report on Friday, August 12th. Zacks Investment Research raised shares of American Financial Group from a “hold” rating to a “buy” rating and set a $82.00 target price for the company in a report on Monday, August 8th.

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American Financial Group Company Profile

American Financial Group, Inc (AFG) is a holding company engaged primarily in property and casualty insurance businesses. The Company, through Great American Insurance Group, focuses on commercial products for businesses, and is engaged in the sale of fixed and fixed-indexed annuities in the retail, financial institutions and education markets.

5 Day Chart for NYSE:AFG

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