Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in shares of American Financial Group, Inc. (NYSE:AFG) by 10.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 27,423 shares of the insurance provider’s stock after purchasing an additional 2,690 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in American Financial Group were worth $2,837,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of Montreal Can boosted its stake in American Financial Group by 344.2% in the second quarter. Bank of Montreal Can now owns 108,798 shares of the insurance provider’s stock valued at $10,811,000 after buying an additional 84,306 shares in the last quarter. Prudential Financial Inc. boosted its stake in American Financial Group by 20.5% in the second quarter. Prudential Financial Inc. now owns 950,796 shares of the insurance provider’s stock valued at $94,480,000 after buying an additional 161,661 shares in the last quarter. Principal Financial Group Inc. boosted its stake in American Financial Group by 7.9% in the second quarter. Principal Financial Group Inc. now owns 620,201 shares of the insurance provider’s stock valued at $61,629,000 after buying an additional 45,232 shares in the last quarter. Swiss National Bank boosted its stake in American Financial Group by 136.3% in the second quarter. Swiss National Bank now owns 271,300 shares of the insurance provider’s stock valued at $26,959,000 after buying an additional 156,500 shares in the last quarter. Finally, Teacher Retirement System of Texas boosted its stake in American Financial Group by 83.3% in the second quarter. Teacher Retirement System of Texas now owns 10,039 shares of the insurance provider’s stock valued at $998,000 after buying an additional 4,562 shares in the last quarter. 60.18% of the stock is currently owned by institutional investors.

In other American Financial Group news, CEO S Craig Lindner sold 50,000 shares of the stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $106.21, for a total value of $5,310,500.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 13.70% of the stock is currently owned by company insiders.

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Separately, Zacks Investment Research raised American Financial Group from a “hold” rating to a “buy” rating and set a $112.00 price objective on the stock in a research note on Thursday, September 14th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $100.67.

Shares of American Financial Group, Inc. (NYSE AFG) opened at $102.54 on Tuesday. The firm has a market capitalization of $8,970.00, a PE ratio of 16.08, a P/E/G ratio of 2.89 and a beta of 0.86. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.19 and a quick ratio of 0.19. American Financial Group, Inc. has a 12 month low of $79.95 and a 12 month high of $106.76.

American Financial Group (NYSE:AFG) last released its quarterly earnings data on Tuesday, October 31st. The insurance provider reported $1.06 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.21. The business had revenue of $1.27 billion for the quarter, compared to analyst estimates of $979.50 million. American Financial Group had a return on equity of 10.90% and a net margin of 10.22%. American Financial Group’s revenue was up 9.3% compared to the same quarter last year. During the same period last year, the firm posted $1.51 earnings per share. equities analysts predict that American Financial Group, Inc. will post 6.05 EPS for the current fiscal year.

The company also recently announced a special dividend, which will be paid on Monday, November 27th. Shareholders of record on Friday, November 17th will be given a $2.00 dividend. The ex-dividend date is Thursday, November 16th. This is an increase from American Financial Group’s previous special dividend of $1.50. This represents a yield of 1.33%. American Financial Group’s dividend payout ratio (DPR) is currently 17.97%.

American Financial Group 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.

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Institutional Ownership by Quarter for American Financial Group (NYSE:AFG)

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