American Financial Group Inc (AFG) VP Vito C. Peraino Sells 51,000 Shares

American Financial Group Inc (NYSE:AFG) VP Vito C. Peraino sold 51,000 shares of the business’s stock in a transaction dated Monday, February 5th. The shares were sold at an average price of $113.86, for a total transaction of $5,806,860.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Shares of American Financial Group Inc (AFG) traded up $0.82 during mid-day trading on Wednesday, reaching $113.47. 343,767 shares of the company traded hands, compared to its average volume of 342,299. American Financial Group Inc has a 12-month low of $90.21 and a 12-month high of $121.69. The firm has a market cap of $9,874.44, a P/E ratio of 21.41, a price-to-earnings-growth ratio of 1.12 and a beta of 0.82. The company has a quick ratio of 0.19, a current ratio of 0.19 and a debt-to-equity ratio of 0.24.

American Financial Group (NYSE:AFG) last announced its earnings results on Wednesday, January 31st. The insurance provider reported $2.20 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.53. American Financial Group had a net margin of 6.92% and a return on equity of 11.10%. The firm had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.11 billion. During the same quarter in the previous year, the company posted $1.98 EPS. The firm’s revenue for the quarter was up 7.1% on a year-over-year basis. sell-side analysts predict that American Financial Group Inc will post 8.25 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 25th. Shareholders of record on Monday, January 15th were issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.23%. The ex-dividend date was Thursday, January 11th. American Financial Group’s dividend payout ratio (DPR) is 26.42%.

Several research analysts recently weighed in on the stock. Zacks Investment Research raised shares of American Financial Group from a “hold” rating to a “buy” rating and set a $118.00 target price for the company in a research note on Wednesday, December 20th. ValuEngine raised shares of American Financial Group from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Bank of America boosted their target price on shares of American Financial Group from $120.00 to $122.00 and gave the company a “buy” rating in a research note on Thursday, February 1st. Finally, Sandler O’Neill reissued a “buy” rating and issued a $119.00 target price on shares of American Financial Group in a research note on Wednesday, January 10th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company. The company has an average rating of “Buy” and an average target price of $116.75.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. California Public Employees Retirement System grew its holdings in American Financial Group by 0.8% in the 4th quarter. California Public Employees Retirement System now owns 228,649 shares of the insurance provider’s stock valued at $24,818,000 after buying an additional 1,716 shares during the period. Teacher Retirement System of Texas grew its holdings in American Financial Group by 209.1% in the 4th quarter. Teacher Retirement System of Texas now owns 25,888 shares of the insurance provider’s stock valued at $2,810,000 after buying an additional 17,513 shares during the period. ING Groep NV grew its holdings in American Financial Group by 23.3% in the 4th quarter. ING Groep NV now owns 10,370 shares of the insurance provider’s stock valued at $1,126,000 after buying an additional 1,961 shares during the period. Public Employees Retirement Association of Colorado grew its holdings in American Financial Group by 298.3% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 8,802 shares of the insurance provider’s stock valued at $955,000 after buying an additional 6,592 shares during the period. Finally, Aperio Group LLC grew its holdings in American Financial Group by 2.0% in the 4th quarter. Aperio Group LLC now owns 79,644 shares of the insurance provider’s stock valued at $8,645,000 after buying an additional 1,555 shares during the period. Institutional investors own 61.29% of the company’s stock.

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About American Financial Group

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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