American Financial Group, Inc. (NYSE:AFG) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC trimmed its stake in shares of American Financial Group, Inc. (NYSE:AFG) by 2.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 26,949 shares of the insurance provider’s stock after selling 763 shares during the period. Yousif Capital Management LLC’s holdings in American Financial Group were worth $3,690,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of AFG. FMR LLC raised its holdings in American Financial Group by 3.8% during the third quarter. FMR LLC now owns 5,516,351 shares of the insurance provider’s stock worth $742,501,000 after purchasing an additional 202,522 shares during the last quarter. State Street Corp raised its stake in shares of American Financial Group by 4.0% during the 3rd quarter. State Street Corp now owns 2,693,356 shares of the insurance provider’s stock worth $362,526,000 after buying an additional 104,172 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of American Financial Group by 10.2% in the 3rd quarter. Geode Capital Management LLC now owns 1,553,207 shares of the insurance provider’s stock worth $208,699,000 after buying an additional 143,820 shares in the last quarter. Fort Washington Investment Advisors Inc. OH grew its stake in American Financial Group by 0.6% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 607,677 shares of the insurance provider’s stock valued at $83,209,000 after acquiring an additional 3,580 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in American Financial Group by 8.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 503,115 shares of the insurance provider’s stock valued at $67,719,000 after acquiring an additional 39,623 shares during the last quarter. Hedge funds and other institutional investors own 64.37% of the company’s stock.

American Financial Group Stock Performance

Shares of NYSE AFG opened at $126.42 on Friday. The company has a 50-day simple moving average of $136.85 and a 200-day simple moving average of $134.77. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.53 and a quick ratio of 0.53. The company has a market cap of $10.61 billion, a PE ratio of 11.85 and a beta of 0.83. American Financial Group, Inc. has a 12 month low of $117.56 and a 12 month high of $150.19.

American Financial Group (NYSE:AFG) last announced its earnings results on Tuesday, February 4th. The insurance provider reported $3.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.15 by ($0.03). American Financial Group had a return on equity of 19.97% and a net margin of 10.84%. On average, equities analysts anticipate that American Financial Group, Inc. will post 10.83 earnings per share for the current year.

American Financial Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 14th were paid a $0.80 dividend. The ex-dividend date was Tuesday, January 14th. This represents a $3.20 annualized dividend and a yield of 2.53%. American Financial Group’s payout ratio is currently 29.99%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on AFG shares. BMO Capital Markets upped their price target on shares of American Financial Group from $135.00 to $143.00 and gave the company a “market perform” rating in a report on Friday, November 15th. Keefe, Bruyette & Woods lowered American Financial Group from an “outperform” rating to a “market perform” rating and reduced their target price for the company from $164.00 to $144.00 in a research note on Friday. Finally, Piper Sandler raised their price target on American Financial Group from $135.00 to $150.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 12th.

American Financial Group Profile

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.