Sei Investments Co. cut its holdings in American Financial Group, Inc. (NYSE:AFG – Free Report) by 1.
6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,971 shares of the insurance provider’s stock after selling 461 shares during the period. Sei Investments Co.
’s holdings in American Financial Group were worth $3,967,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors have also added to or reduced their stakes in AFG. UMB Bank n.
a. increased its position in American Financial Group by 86.8% in the fourth quarter.
UMB Bank n.a. now owns 340 shares of the insurance provider’s stock worth $47,000 after purchasing an additional 158 shares during the last quarter.
Jones Financial Companies Lllp grew its stake in shares of American Financial Group by 91.2% in the 4th quarter. Jones Financial Companies Lllp now owns 520 shares of the insurance provider’s stock worth $71,000 after buying an additional 248 shares in the last quarter.
Allworth Financial LP increased its holdings in shares of American Financial Group by 301.1% in the 4th quarter. Allworth Financial LP now owns 702 shares of the insurance provider’s stock worth $94,000 after buying an additional 527 shares during the last quarter.
iA Global Asset Management Inc. purchased a new stake in shares of American Financial Group during the 3rd quarter valued at about $125,000. Finally, GAMMA Investing LLC lifted its holdings in shares of American Financial Group by 31.
6% in the 4th quarter. GAMMA Investing LLC now owns 1,059 shares of the insurance provider’s stock valued at $145,000 after acquiring an additional 254 shares during the last quarter. 64.
37% of the stock is currently owned by institutional investors. Insider ActivityIn related news, Director Gregory G. Joseph purchased 3,000 shares of American Financial Group stock in a transaction that occurred on Thursday, February 20th.
The stock was purchased at an average price of $121.00 per share, for a total transaction of $363,000.00.
Following the transaction, the director now directly owns 57,477 shares in the company, valued at approximately $6,954,717. This trade represents a 5.51 % increase in their ownership of the stock.
The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 14.50% of the company’s stock.
American Financial Group Price PerformanceShares of AFG opened at $132.27 on Thursday. The company has a market capitalization of $11.
11 billion, a P/E ratio of 12.51 and a beta of 0.79.
The business’s 50-day moving average is $127.89 and its two-hundred day moving average is $133.76.
The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.53 and a current ratio of 0.
53. American Financial Group, Inc. has a fifty-two week low of $118.
97 and a fifty-two week high of $150.19. American Financial Group (NYSE:AFG – Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th.
The insurance provider reported $3.12 earnings per share for the quarter, missing the consensus estimate of $3.15 by ($0.
03). American Financial Group had a net margin of 10.66% and a return on equity of 20.
30%. Research analysts predict that American Financial Group, Inc. will post 10.
5 earnings per share for the current year. American Financial Group Announces DividendThe firm also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Stockholders of record on Tuesday, April 15th will be paid a dividend of $0.
80 per share. This represents a $3.20 annualized dividend and a dividend yield of 2.
42%. American Financial Group’s payout ratio is 30.27%.
Analysts Set New Price TargetsSeparately, Keefe, Bruyette & Woods downgraded American Financial Group from an “outperform” rating to a “market perform” rating and cut their target price for the company from $164.00 to $144.00 in a research report on Friday, February 7th.
View Our Latest Research Report on American Financial GroupAbout American Financial Group (Free Report)American Financial Group, Inc, an insurance holding company, provides specialty property and casualty insurance products in the United States. The company offers property and transportation insurance products, such as physical damage and liability coverage for buses and trucks, inland and ocean marine, agricultural-related products, and other commercial property and specialty transportation coverages; specialty casualty insurance, including primarily excess and surplus, executive and professional liability, general 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 lending and leasing institutions, fidelity and surety products, and trade credit insurance.Read MoreFive stocks we like better than American Financial GroupHow to Profit From Growth Investing Homebuilders in Freefall: Bargain Opportunity or Falling Knife?How Investors Can Find the Best Cheap Dividend StocksThe 3 Most Talked About Investments on WallStreetBets Right NowStock Trading Terms – Stock Terms Every Investor Needs to KnowAnalyst Targets Signal More Growth in CrowdStrike StockWant to see what other hedge funds are holding AFG? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for American Financial Group, Inc. (NYSE:AFG – Free Report)..
Business
Sei Investments Co. Sells 461 Shares of American Financial Group, Inc. (NYSE:AFG)

Sei Investments Co. cut its holdings in American Financial Group, Inc. (NYSE:AFG – Free Report) by 1.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,971 shares of the insurance provider’s stock after selling 461 shares during the period. [...]