American Financial Group Inc. (NYSE:AFG) CEO S Craig Lindner sold 30,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 23rd. The shares were sold at an average price of $81.35, for a total transaction of $2,440,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

  • On Tuesday, November 22nd, S Craig Lindner sold 25,000 shares of American Financial Group stock. The shares were sold at an average price of $81.31, for a total transaction of $2,032,750.00.
  • On Monday, November 7th, S Craig Lindner sold 50,000 shares of American Financial Group stock. The shares were sold at an average price of $75.52, for a total transaction of $3,776,000.00.

Shares of 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. The firm has a market capitalization of $7.10 billion, a PE ratio of 18.44 and a beta of 0.63. American Financial Group Inc. has a 52-week low of $64.87 and a 52-week high of $81.78.

American Financial Group (NYSE:AFG) last announced its earnings results on Tuesday, November 1st. The company reported $1.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.49 by $0.02. American Financial Group had a net margin of 6.16% and a return on equity of 9.74%. The business earned $1.16 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same period in the previous year, the business posted $1.38 earnings per share. American Financial Group’s revenue for the quarter was down 1.2% on a year-over-year basis. On average, equities research analysts forecast that American Financial Group Inc. will post $5.67 EPS for the current year.

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

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

AFG has been the subject of several recent analyst reports. Zacks Investment Research upgraded shares of American Financial Group from a “hold” rating to a “buy” rating and set a $82.00 price objective for the company in a research report on Monday, August 8th. Sandler O’Neill upgraded shares of American Financial Group from a “hold” rating to a “buy” rating and increased their price objective for the stock from $74.00 to $81.00 in a research report on Friday, August 12th.

A number of large investors have recently made changes to their positions in AFG. Public Employees Retirement Association of Colorado raised its stake in shares of American Financial Group by 0.5% in the third quarter. Public Employees Retirement Association of Colorado now owns 2,204 shares of the company’s stock worth $165,000 after buying an additional 10 shares during the last quarter. Creative Planning raised its stake in shares of American Financial Group by 0.3% in the second quarter. Creative Planning now owns 8,674 shares of the company’s stock worth $641,000 after buying an additional 29 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in shares of American Financial Group by 0.8% in the second quarter. PNC Financial Services Group Inc. now owns 3,564 shares of the company’s stock worth $263,000 after buying an additional 30 shares during the last quarter. Checchi Capital Advisers LLC raised its stake in shares of American Financial Group by 2.1% in the second quarter. Checchi Capital Advisers LLC now owns 2,028 shares of the company’s stock worth $150,000 after buying an additional 42 shares during the last quarter. Finally, Advisor Group Inc. raised its stake in shares of American Financial Group by 3.6% in the third quarter. Advisor Group Inc. now owns 1,531 shares of the company’s stock worth $115,000 after buying an additional 53 shares during the last quarter. Institutional investors and hedge funds own 59.68% of the company’s stock.

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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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