B. Metzler seel. Sohn & Co. Holding AG Makes New $210,000 Investment in American Financial Group, Inc. (NYSE:AFG)

B. Metzler seel. Sohn & Co. Holding AG bought a new stake in American Financial Group, Inc. (NYSE:AFG) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,557 shares of the insurance provider’s stock, valued at approximately $210,000.

Several other institutional investors also recently modified their holdings of AFG. Innealta Capital LLC bought a new position in American Financial Group in the second quarter valued at approximately $30,000. Headlands Technologies LLC bought a new position in shares of American Financial Group in the 2nd quarter worth $38,000. Blue Trust Inc. grew its stake in shares of American Financial Group by 44.3% during the second quarter. Blue Trust Inc. now owns 433 shares of the insurance provider’s stock worth $59,000 after purchasing an additional 133 shares during the period. Abich Financial Wealth Management LLC increased its holdings in American Financial Group by 10,460.0% in the first quarter. Abich Financial Wealth Management LLC now owns 528 shares of the insurance provider’s stock valued at $72,000 after purchasing an additional 523 shares during the last quarter. Finally, nVerses Capital LLC lifted its stake in American Financial Group by 200.0% in the second quarter. nVerses Capital LLC now owns 600 shares of the insurance provider’s stock valued at $74,000 after buying an additional 400 shares during the period. Institutional investors and hedge funds own 64.37% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on AFG shares. Piper Sandler increased their target price on shares of American Financial Group from $135.00 to $150.00 and gave the stock a “neutral” rating in a report on Tuesday, November 12th. BMO Capital Markets raised their price objective on American Financial Group from $135.00 to $143.00 and gave the stock a “market perform” rating in a research note on Friday, November 15th.

American Financial Group Stock Performance

Shares of AFG opened at $149.01 on Tuesday. The firm has a market cap of $12.51 billion, a P/E ratio of 13.73 and a beta of 0.79. American Financial Group, Inc. has a twelve month low of $110.53 and a twelve month high of $149.12. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.53 and a current ratio of 0.53. The firm’s 50 day moving average price is $135.68 and its two-hundred day moving average price is $130.82.

American Financial Group (NYSE:AFG) last posted its quarterly earnings data on Tuesday, November 5th. The insurance provider reported $2.31 EPS for the quarter, missing the consensus estimate of $2.51 by ($0.20). American Financial Group had a net margin of 10.84% and a return on equity of 19.97%. The company had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $1.80 billion. During the same period in the prior year, the firm posted $2.45 earnings per share. The company’s revenue was up 10.8% compared to the same quarter last year. On average, analysts forecast that American Financial Group, Inc. will post 10.73 EPS for the current fiscal year.

American Financial Group Increases Dividend

The company also recently announced a None dividend, which will be paid on Tuesday, November 26th. Shareholders of record on Friday, November 15th will be paid a $4.00 dividend. This is a boost from American Financial Group’s previous None dividend of $1.00. The ex-dividend date of this dividend is Friday, November 15th. American Financial Group’s payout ratio is presently 29.99%.

American Financial Group Company 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.