10,019 Shares in American Financial Group, Inc. (NYSE:AFG) Bought by Caisse Des Depots ET Consignations

Caisse Des Depots ET Consignations bought a new position in American Financial Group, Inc. (NYSE:AFG) in the 4th quarter, HoldingsChannel reports. The fund bought 10,019 shares of the insurance provider’s stock, valued at approximately $1,372,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. UMB Bank n.a. raised its position in shares of American Financial Group by 86.8% during the 4th 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 period. Jones Financial Companies Lllp increased its holdings in shares of American Financial Group by 91.2% during the fourth quarter. Jones Financial Companies Lllp now owns 520 shares of the insurance provider’s stock valued at $71,000 after purchasing an additional 248 shares during the period. Allworth Financial LP raised its stake in shares of American Financial Group by 301.1% during the fourth quarter. Allworth Financial LP now owns 702 shares of the insurance provider’s stock valued at $94,000 after purchasing an additional 527 shares in the last quarter. iA Global Asset Management Inc. acquired a new stake in American Financial Group in the third quarter worth about $125,000. Finally, Brooklyn Investment Group bought a new position in American Financial Group in the 3rd quarter valued at about $130,000. Institutional investors own 64.37% of the company’s stock.

Insider Activity at American Financial Group

In other news, Director Gregory G. Joseph bought 3,000 shares of the firm’s stock in a transaction on Thursday, February 20th. The stock was bought at an average cost of $121.00 per share, for a total transaction of $363,000.00. Following the completion of the acquisition, the director now directly owns 57,477 shares in the company, valued at $6,954,717. This represents a 5.51 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. 14.50% of the stock is currently owned by corporate insiders.

American Financial Group Stock Performance

NYSE:AFG opened at $127.87 on Friday. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.31. The company has a 50-day moving average of $128.17 and a 200-day moving average of $133.84. American Financial Group, Inc. has a twelve month low of $118.97 and a twelve month high of $150.19. The firm has a market cap of $10.74 billion, a price-to-earnings ratio of 12.10 and a beta of 0.79.

American Financial Group (NYSE:AFG) last posted its quarterly earnings results on Tuesday, February 4th. The insurance provider reported $3.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.15 by ($0.03). American Financial Group had a return on equity of 20.30% and a net margin of 10.66%. Analysts forecast that American Financial Group, Inc. will post 10.5 earnings per share for the current fiscal year.

American Financial Group Announces Dividend

The business also recently announced a special dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 17th will be issued a dividend of $2.00 per share. The ex-dividend date is Monday, March 17th. American Financial Group’s dividend payout ratio is 30.27%.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods downgraded American Financial Group from an “outperform” rating to a “market perform” rating and cut their target price for the stock from $164.00 to $144.00 in a research report on Friday, February 7th.

About American Financial Group

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.