AMP Capital Investors Ltd grew its position in shares of American Financial Group Inc (NYSE:AFG) by 67.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 141,598 shares of the insurance provider’s stock after buying an additional 57,221 shares during the quarter. AMP Capital Investors Ltd owned approximately 0.16% of American Financial Group worth $15,370,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also recently modified their holdings of the company. Cerebellum GP LLC bought a new stake in American Financial Group during the fourth quarter worth about $111,000. Fuller & Thaler Asset Management Inc. bought a new stake in American Financial Group during the fourth quarter worth about $119,000. Signition LP bought a new stake in American Financial Group during the fourth quarter worth about $204,000. Dai Ichi Life Insurance Company Ltd bought a new stake in American Financial Group during the third quarter worth about $201,000. Finally, Strategic Global Advisors LLC bought a new stake in American Financial Group during the third quarter worth about $207,000. 62.32% of the stock is currently owned by hedge funds and other institutional investors.
In other news, VP Vito C. Peraino sold 51,000 shares of the company’s stock in a transaction that occurred on 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 SEC, which is available through this hyperlink. Also, Director Virginia Drosos sold 1,438 shares of the company’s stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $104.21, for a total transaction of $149,853.98. Following the transaction, the director now owns 8,034 shares in the company, valued at $837,223.14. The disclosure for this sale can be found here. 13.70% of the stock is currently owned by corporate insiders.
American Financial Group Inc (NYSE:AFG) opened at $114.63 on Tuesday. American Financial Group Inc has a 12-month low of $92.45 and a 12-month high of $121.69. The stock has a market cap of $10,140.00, a P/E ratio of 18.46, a PEG ratio of 1.17 and a beta of 0.80. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.18 and a current ratio of 0.18.
American Financial Group (NYSE:AFG) last announced its earnings results on Wednesday, January 31st. The insurance provider reported $2.20 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.67 by $0.53. American Financial Group had a net margin of 6.92% and a return on equity of 11.09%. The company had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.11 billion. During the same period in the prior year, the business earned $1.98 earnings per share. American Financial Group’s quarterly revenue was up 7.1% on a year-over-year basis. research analysts anticipate that American Financial Group Inc will post 8.2 EPS for the current fiscal year.
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.
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