Public Employees Retirement System of Ohio increased its stake in shares of American Financial Group Inc (NYSE:AFG) by 0.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 47,280 shares of the insurance provider’s stock after purchasing an additional 138 shares during the quarter. Public Employees Retirement System of Ohio owned approximately 0.05% of American Financial Group worth $5,099,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. BlackRock Inc. increased its stake in shares of American Financial Group by 2.6% in the second quarter. BlackRock Inc. now owns 8,588,773 shares of the insurance provider’s stock worth $880,093,000 after acquiring an additional 219,643 shares during the last quarter. Mackenzie Financial Corp purchased a new stake in shares of American Financial Group during the 2nd quarter worth about $1,228,000. Usca Ria LLC purchased a new stake in shares of American Financial Group during the 2nd quarter worth about $2,811,000. State of Alaska Department of Revenue lifted its holdings in shares of American Financial Group by 1.9% during the 2nd quarter. State of Alaska Department of Revenue now owns 12,782 shares of the insurance provider’s stock valued at $1,309,000 after buying an additional 234 shares during the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. lifted its holdings in shares of American Financial Group by 0.3% during the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 296,872 shares of the insurance provider’s stock valued at $32,018,000 after buying an additional 979 shares during the last quarter. 63.80% of the stock is currently owned by hedge funds and other institutional investors.

AFG has been the topic of a number of research reports. ValuEngine upgraded American Financial Group from a “sell” rating to a “hold” rating in a report on Friday, November 8th. Zacks Investment Research upgraded shares of American Financial Group from a “sell” rating to a “hold” rating and set a $108.00 target price for the company in a research note on Wednesday, August 14th.

In related news, CEO Carl H. Lindner III sold 200,000 shares of the company’s stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $107.31, for a total transaction of $21,462,000.00. Also, CEO Carl H. Lindner III sold 117,000 shares of the company’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $104.11, for a total transaction of $12,180,870.00. The disclosure for this sale can be found here. Insiders have sold 355,294 shares of company stock valued at $37,755,815 in the last ninety days. Company insiders own 11.90% of the company’s stock.

Shares of NYSE:AFG opened at $108.37 on Wednesday. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $9.89 billion, a PE ratio of 12.90, a P/E/G ratio of 2.34 and a beta of 0.84. American Financial Group Inc has a 1 year low of $84.18 and a 1 year high of $110.88. The firm has a fifty day moving average price of $106.49 and a 200 day moving average price of $103.73.

American Financial Group (NYSE:AFG) last released its quarterly earnings results on Tuesday, October 29th. The insurance provider reported $2.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.95 by $0.30. American Financial Group had a return on equity of 12.83% and a net margin of 8.43%. The company had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter in the prior year, the company posted $2.19 EPS. The firm’s revenue was up 8.7% on a year-over-year basis. On average, sell-side analysts forecast that American Financial Group Inc will post 8.6 earnings per share for the current fiscal year.

The business also recently announced a None dividend, which was paid on Monday, November 25th. Shareholders of record on Friday, November 15th were given a dividend of $1.80 per share. The ex-dividend date was Thursday, November 14th. This is a boost from American Financial Group’s previous None dividend of $1.00. American Financial Group’s dividend payout ratio is presently 21.43%.

About American Financial Group

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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