Colony Group LLC lifted its holdings in shares of American Financial Group Inc (NYSE:AFG) by 0.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 23,745 shares of the insurance provider’s stock after purchasing an additional 220 shares during the period. Colony Group LLC’s holdings in American Financial Group were worth $2,604,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the stock. Wealth Quarterback LLC bought a new stake in shares of American Financial Group in the fourth quarter worth $2,593,210,000. Victory Capital Management Inc. grew its stake in shares of American Financial Group by 2.1% in the fourth quarter. Victory Capital Management Inc. now owns 3,185,296 shares of the insurance provider’s stock worth $349,267,000 after purchasing an additional 65,940 shares during the last quarter. American Financial Group Inc. 401 K Retirement & Savings Plan grew its stake in shares of American Financial Group by 0.3% in the fourth quarter. American Financial Group Inc. 401 K Retirement & Savings Plan now owns 2,562,525 shares of the insurance provider’s stock worth $280,981,000 after purchasing an additional 7,913 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of American Financial Group by 2.5% in the fourth quarter. Bank of New York Mellon Corp now owns 1,034,578 shares of the insurance provider’s stock worth $113,440,000 after purchasing an additional 25,708 shares during the last quarter. Finally, Schroder Investment Management Group grew its stake in shares of American Financial Group by 25.1% in the fourth quarter. Schroder Investment Management Group now owns 844,519 shares of the insurance provider’s stock worth $92,601,000 after purchasing an additional 169,431 shares during the last quarter. 65.59% of the stock is currently owned by institutional investors.

Shares of American Financial Group stock opened at $71.07 on Thursday. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 0.23. The stock has a market cap of $5.34 billion, a price-to-earnings ratio of 7.20, a P/E/G ratio of 1.02 and a beta of 0.91. The company’s fifty day moving average is $91.60 and its 200 day moving average is $103.70. American Financial Group Inc has a twelve month low of $44.01 and a twelve month high of $115.03.

American Financial Group (NYSE:AFG) last issued its quarterly earnings results on Monday, February 3rd. The insurance provider reported $2.22 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.21 by $0.01. American Financial Group had a return on equity of 12.87% and a net margin of 10.89%. The firm had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same period last year, the business posted $1.75 EPS. The business’s revenue was up 7.9% compared to the same quarter last year. As a group, equities analysts anticipate that American Financial Group Inc will post 8.97 earnings per share for the current fiscal year.

Several analysts recently weighed in on the stock. Piper Sandler reduced their price objective on shares of American Financial Group from $124.00 to $100.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 11th. TheStreet cut shares of American Financial Group from a “b-” rating to a “c+” rating in a research note on Thursday, March 19th. Finally, ValuEngine cut shares of American Financial Group from a “hold” rating to a “sell” rating in a research note on Thursday, December 5th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the stock. American Financial Group has a consensus rating of “Hold” and an average target price of $109.33.

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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