Key Points
- American Financial Group CFO Brian Hertzman sold 1,663 shares on Feb. 27 at an average price of $133.70 for $222,343, reducing his holding by 12.11% to 12,073 shares (about $1.61M).
- AFG delivered an earnings beat with Q EPS of $3.65 vs. $3.18 expected and revenue of $2.06B (down 4% YoY), and paid a $1.50 special dividend on Feb. 25.
- Market and analyst context: Shares trade near $134–135 (52‑week range $114.73–$150.02), the consensus rating is "Hold" with an average price target of $141.25, and institutions own roughly 64% of the company.
American Financial Group, Inc. (NYSE:AFG - Get Free Report) CFO Brian Hertzman sold 1,663 shares of American Financial Group stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $133.70, for a total value of $222,343.10. Following the sale, the chief financial officer directly owned 12,073 shares of the company's stock, valued at approximately $1,614,160.10. This represents a 12.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
American Financial Group Stock Up 1.3%
Shares of AFG stock opened at $134.65 on Tuesday. American Financial Group, Inc. has a fifty-two week low of $114.73 and a fifty-two week high of $150.02. The firm has a market capitalization of $11.23 billion, a PE ratio of 13.37 and a beta of 0.69. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.23 and a current ratio of 0.23. The stock's 50-day simple moving average is $131.79 and its 200-day simple moving average is $135.52.
American Financial Group (NYSE:AFG - Get Free Report) last issued its earnings results on Wednesday, February 4th. The insurance provider reported $3.65 EPS for the quarter, beating analysts' consensus estimates of $3.18 by $0.47. American Financial Group had a return on equity of 18.64% and a net margin of 10.30%.The firm had revenue of $2.06 billion for the quarter, compared to analyst estimates of $1.79 billion. During the same quarter in the prior year, the firm earned $3.12 earnings per share. American Financial Group's revenue for the quarter was down 4.0% on a year-over-year basis. Equities analysts expect that American Financial Group, Inc. will post 10.5 earnings per share for the current year.
American Financial Group Dividend Announcement
The firm also recently disclosed a special dividend, which was paid on Wednesday, February 25th. Stockholders of record on Monday, February 16th were paid a $1.50 dividend. The ex-dividend date was Friday, February 13th. American Financial Group's dividend payout ratio is presently 34.96%.
Analyst Ratings Changes
Several research firms have commented on AFG. Jefferies Financial Group reaffirmed a "hold" rating and issued a $142.00 price target on shares of American Financial Group in a report on Tuesday, November 11th. Wells Fargo & Company lowered their target price on American Financial Group from $165.00 to $160.00 and set an "overweight" rating on the stock in a research note on Thursday, February 5th. Weiss Ratings cut American Financial Group from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Monday, January 12th. Finally, Piper Sandler boosted their price target on American Financial Group from $130.00 to $139.00 and gave the company a "neutral" rating in a report on Thursday, November 6th. One analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $141.25.
Check Out Our Latest Stock Analysis on American Financial Group
Institutional Trading of American Financial Group
Several institutional investors have recently bought and sold shares of AFG. EP Wealth Advisors LLC purchased a new stake in shares of American Financial Group in the fourth quarter valued at approximately $373,000. Millennium Management LLC grew its stake in American Financial Group by 194.9% in the 4th quarter. Millennium Management LLC now owns 253,932 shares of the insurance provider's stock valued at $34,707,000 after acquiring an additional 167,834 shares during the period. Man Group plc increased its holdings in American Financial Group by 0.4% in the 4th quarter. Man Group plc now owns 199,354 shares of the insurance provider's stock worth $27,248,000 after acquiring an additional 826 shares in the last quarter. Investment Management Corp of Ontario increased its holdings in American Financial Group by 43.9% in the 4th quarter. Investment Management Corp of Ontario now owns 4,520 shares of the insurance provider's stock worth $618,000 after acquiring an additional 1,380 shares in the last quarter. Finally, Janus Henderson Group PLC raised its position in American Financial Group by 30.1% during the fourth quarter. Janus Henderson Group PLC now owns 5,190 shares of the insurance provider's stock worth $709,000 after acquiring an additional 1,200 shares during the period. 64.37% of the stock is owned by institutional investors and hedge funds.
American Financial Group Company Profile
(
Get Free Report)
American Financial Group, Inc (NYSE: AFG) is a diversified holding company primarily engaged in property and casualty insurance and reinsurance. Through its flagship subsidiary, Great American Insurance Company, the firm underwrites a broad range of specialty insurance products for commercial and industrial clients, including inland marine, excess and surplus lines, executive liability, and environmental liability coverage. In addition, American Financial Group offers supplemental accident and health insurance and assumes reinsurance risks from other insurers, helping to diversify its underwriting portfolio.
The company traces its roots to 1946, when it was founded by Carl Lindner, Sr.
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