American Financial Group, Inc. (NYSE:AFG) insider Michelle A. Gillis sold 2,051 shares of the stock in a transaction on Thursday, August 3rd. The stock was sold at an average price of $104.88, for a total value of $215,108.88. Following the completion of the sale, the insider now owns 17,939 shares in the company, valued at approximately $1,881,442.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

American Financial Group, Inc. (NYSE:AFG) traded up 0.12% during mid-day trading on Friday, reaching $104.65. The company’s stock had a trading volume of 236,111 shares. The firm’s 50 day moving average price is $100.56 and its 200 day moving average price is $96.20. The stock has a market cap of $9.17 billion, a price-to-earnings ratio of 11.79 and a beta of 0.83. American Financial Group, Inc. has a 12-month low of $71.30 and a 12-month high of $105.00.

American Financial Group (NYSE:AFG) last announced its quarterly earnings results on Tuesday, August 1st. The insurance provider reported $1.61 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.30 by $0.31. American Financial Group had a return on equity of 11.75% and a net margin of 11.89%. The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same quarter in the prior year, the company posted $1.28 EPS. The company’s quarterly revenue was up 3.7% on a year-over-year basis. On average, equities analysts predict that American Financial Group, Inc. will post $6.73 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 25th. Stockholders of record on Friday, July 14th were paid a $0.3125 dividend. This represents a $1.25 annualized dividend and a dividend yield of 1.19%. The ex-dividend date of this dividend was Wednesday, July 12th. American Financial Group’s dividend payout ratio (DPR) is presently 14.06%.

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Institutional investors have recently made changes to their positions in the stock. Oregon Public Employees Retirement Fund raised its position in shares of American Financial Group by 1.6% in the first quarter. Oregon Public Employees Retirement Fund now owns 24,934 shares of the insurance provider’s stock valued at $2,379,000 after buying an additional 400 shares during the period. Breton Hill Capital Ltd. raised its position in shares of American Financial Group by 31.7% in the first quarter. Breton Hill Capital Ltd. now owns 10,052 shares of the insurance provider’s stock valued at $959,000 after buying an additional 2,417 shares during the period. IFP Advisors Inc raised its position in shares of American Financial Group by 66.9% in the first quarter. IFP Advisors Inc now owns 3,760 shares of the insurance provider’s stock valued at $359,000 after buying an additional 1,507 shares during the period. Russell Investments Group Ltd. raised its position in shares of American Financial Group by 17.9% in the first quarter. Russell Investments Group Ltd. now owns 104,148 shares of the insurance provider’s stock valued at $9,941,000 after buying an additional 15,811 shares during the period. Finally, First Quadrant L P CA raised its position in shares of American Financial Group by 5.2% in the first quarter. First Quadrant L P CA now owns 217,481 shares of the insurance provider’s stock valued at $20,752,000 after buying an additional 10,728 shares during the period. 62.16% of the stock is currently owned by institutional investors and hedge funds.

AFG has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded American Financial Group from a “hold” rating to a “buy” rating and set a $112.00 target price on the stock in a research note on Monday, May 8th. BidaskClub lowered American Financial Group from a “buy” rating to a “hold” rating in a research note on Saturday, June 24th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $92.00.

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.

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

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