Ossiam purchased a new stake in American Financial Group Inc (NYSE:AFG) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 4,276 shares of the insurance provider’s stock, valued at approximately $438,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vigilant Capital Management LLC purchased a new position in shares of American Financial Group in the 2nd quarter valued at $59,000. Blue Sky Asset Management LLC purchased a new stake in American Financial Group during the 1st quarter worth $71,000. Altshuler Shaham Ltd acquired a new stake in American Financial Group in the 2nd quarter valued at $90,000. FMR LLC increased its holdings in American Financial Group by 26.4% in the 1st quarter. FMR LLC now owns 1,057 shares of the insurance provider’s stock valued at $101,000 after purchasing an additional 221 shares in the last quarter. Finally, Focused Wealth Management Inc purchased a new position in American Financial Group in the second quarter valued at about $113,000. Hedge funds and other institutional investors own 64.19% of the company’s stock.

Shares of AFG stock traded up $0.45 on Wednesday, hitting $104.62. The stock had a trading volume of 11,174 shares, compared to its average volume of 332,996. The firm has a market capitalization of $9.43 billion, a price-to-earnings ratio of 12.44, a P/E/G ratio of 1.97 and a beta of 0.84. The stock’s 50 day moving average is $101.60 and its 200-day moving average is $100.66. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.15 and a current ratio of 0.15. American Financial Group Inc has a 52-week low of $84.18 and a 52-week high of $114.65.

American Financial Group (NYSE:AFG) last issued its quarterly earnings data on Tuesday, August 6th. The insurance provider reported $2.12 EPS for the quarter, topping analysts’ consensus estimates of $2.01 by $0.11. The firm had revenue of $1.20 billion for the quarter. American Financial Group had a net margin of 9.29% and a return on equity of 13.39%. The business’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.04 EPS. Equities analysts expect that American Financial Group Inc will post 8.65 earnings per share for the current year.

A number of research analysts have commented on the company. Zacks Investment Research upgraded American Financial Group from a “sell” rating to a “hold” rating and set a $108.00 price objective on the stock in a research note on Wednesday, August 14th. Buckingham Research raised American Financial Group from a “neutral” rating to a “buy” rating and set a $120.00 price target on the stock in a research report on Thursday, June 13th. Finally, ValuEngine upgraded American Financial Group from a “sell” rating to a “hold” rating in a report on Wednesday, May 29th.

In other news, Director William W. Verity sold 1,200 shares of the stock in a transaction dated Tuesday, June 18th. The shares were sold at an average price of $104.07, for a total transaction of $124,884.00. Following the transaction, the director now owns 6,678 shares of the company’s stock, valued at $694,979.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO S Craig Lindner sold 20,000 shares of the stock in a transaction dated Thursday, June 13th. The stock was sold at an average price of $103.99, for a total transaction of $2,079,800.00. The disclosure for this sale can be found here. Insiders sold 123,565 shares of company stock valued at $12,825,188 in the last three months. 11.90% of the stock is currently owned by company insiders.

American Financial Group Company Profile

American Financial Group, Inc, an insurance holding company, provides property and casualty insurance products in the United States. The company operates through three segments: Property and Casualty Insurance, Annuity, and Other. It offers property and transportation insurance products, such as physical damage and liability coverage for buses, trucks and recreational vehicles, inland and ocean marine, agricultural-related products, and other property; specialty casualty insurance, including primarily excess and surplus, general liability, executive liability, professional 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 leasing and financing institutions, surety and fidelity products, and trade credit insurance.

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

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