Sumitomo Mitsui Belief Holdings Inc. minimize its holdings in American Monetary Group, Inc. (NYSE:AFG – Free Report) by 0.2% throughout the 4th quarter, in line with its most up-to-date disclosure with the SEC. The institutional investor owned 167,263 shares of the insurance coverage supplier’s inventory after promoting 262 shares throughout the interval. Sumitomo Mitsui Belief Holdings Inc. owned roughly 0.20% of American Monetary Group price $19,886,000 as of its most up-to-date submitting with the SEC.
A number of different institutional traders and hedge funds have additionally modified their holdings of AFG. FMR LLC grew its stake in shares of American Monetary Group by 16.1% within the third quarter. FMR LLC now owns 4,710,065 shares of the insurance coverage supplier’s inventory valued at $525,973,000 after buying a further 654,442 shares within the final quarter. Bahl & Gaynor Inc. grew its stake in American Monetary Group by 447.1% throughout the third quarter. Bahl & Gaynor Inc. now owns 259,491 shares of the insurance coverage supplier’s inventory price $28,977,000 after shopping for a further 212,057 shares within the final quarter. Boston Belief Walden Corp grew its stake in American Monetary Group by 51.8% throughout the third quarter. Boston Belief Walden Corp now owns 398,057 shares of the insurance coverage supplier’s inventory price $44,451,000 after shopping for a further 135,767 shares within the final quarter. Assenagon Asset Administration S.A. grew its stake in American Monetary Group by 1,804.5% throughout the fourth quarter. Assenagon Asset Administration S.A. now owns 96,652 shares of the insurance coverage supplier’s inventory price $11,491,000 after shopping for a further 91,577 shares within the final quarter. Lastly, Vanguard Group Inc. grew its stake in American Monetary Group by 1.0% throughout the third quarter. Vanguard Group Inc. now owns 8,288,375 shares of the insurance coverage supplier’s inventory price $925,563,000 after shopping for a further 81,293 shares within the final quarter. 64.37% of the inventory is at the moment owned by institutional traders and hedge funds.

Analyst Upgrades and Downgrades
Plenty of analysis corporations have lately weighed in on AFG. Citigroup raised their worth goal on shares of American Monetary Group from $139.00 to $150.00 and gave the corporate a “purchase” score in a analysis notice on Monday, March twenty fifth. Piper Sandler reiterated a “impartial” score and issued a $129.00 worth goal on shares of American Monetary Group in a report on Monday, April 1st. Three funding analysts have rated the inventory with a maintain score and two have given a purchase score to the corporate’s inventory. Based mostly on information from MarketBeat, the corporate has a consensus score of “Maintain” and a consensus worth goal of $133.50.

View Our Newest Inventory Evaluation on American Monetary Group

Insider Transactions at American Monetary Group
In different information, SVP Michelle A. Gillis offered 5,176 shares of the enterprise’s inventory in a transaction that occurred on Thursday, February eighth. The shares had been offered at a median worth of $121.00, for a complete worth of $626,296.00. Following the transaction, the senior vice chairman now owns 45,372 shares within the firm, valued at roughly $5,490,012. The sale was disclosed in a submitting with the Securities & Change Fee, which might be accessed by way of the SEC web site. In different information, SVP Michelle A. Gillis offered 2,053 shares of the enterprise’s inventory in a transaction that occurred on Friday, March 1st. The shares had been offered at a median worth of $126.81, for a complete worth of $260,340.93. Following the transaction, the senior vice chairman now owns 48,554 shares within the firm, valued at roughly $6,157,132.74. The sale was disclosed in a submitting with the Securities & Change Fee, which might be accessed by way of the SEC web site. Additionally, SVP Michelle A. Gillis offered 5,176 shares of the enterprise’s inventory in a transaction that occurred on Thursday, February eighth. The inventory was offered at a median worth of $121.00, for a complete transaction of $626,296.00. Following the completion of the transaction, the senior vice chairman now owns 45,372 shares within the firm, valued at roughly $5,490,012. The disclosure for this sale might be discovered right here. Within the final 90 days, insiders have offered 14,843 shares of firm inventory price $1,854,746. Firm insiders personal 14.50% of the corporate’s inventory.

American Monetary Group Inventory Up 0.8 %
NYSE:AFG opened at $128.83 on Tuesday. The agency’s 50 day easy transferring common is $129.18 and its 200 day easy transferring common is $120.13. The corporate has a debt-to-equity ratio of 0.35, a present ratio of 0.47 and a fast ratio of 0.47. American Monetary Group, Inc. has a one 12 months low of $105.22 and a one 12 months excessive of $137.71. The corporate has a market cap of $10.80 billion, a PE ratio of 12.82 and a beta of 0.79.

American Monetary Group (NYSE:AFG – Get Free Report) final posted its earnings outcomes on Wednesday, February seventh. The insurance coverage supplier reported $2.84 EPS for the quarter, topping the consensus estimate of $2.81 by $0.03. American Monetary Group had a web margin of 10.89% and a return on fairness of twenty-two.14%. The enterprise had income of $1.73 billion for the quarter, in comparison with the consensus estimate of $1.67 billion. Throughout the identical interval final 12 months, the corporate earned $2.99 EPS. The agency’s income was up 6.7% in comparison with the identical quarter final 12 months. On common, analysis analysts anticipate that American Monetary Group, Inc. will submit 10.99 earnings per share for the present 12 months.

American Monetary Group Pronounces Dividend
The corporate additionally lately declared a quarterly dividend, which can be paid on Thursday, April twenty fifth. Stockholders of document on Monday, April fifteenth can be given a $0.71 dividend. The ex-dividend date of this dividend is Friday, April twelfth. This represents a $2.84 dividend on an annualized foundation and a dividend yield of two.20%. American Monetary Group’s dividend payout ratio (DPR) is at the moment 28.26%.

American Monetary Group Firm Profile
(Free Report)

American Monetary Group, Inc, an insurance coverage holding firm, offers specialty property and casualty insurance coverage merchandise in america. The corporate provides property and transportation insurance coverage merchandise, resembling bodily harm and legal responsibility protection for buses and vehicles, inland and ocean marine, agricultural-related merchandise, and different industrial property and specialty transportation coverages; specialty casualty insurance coverage, together with primarily extra and surplus, government {and professional} legal responsibility, normal legal responsibility, umbrella and extra legal responsibility, and specialty protection in focused markets, in addition to personalized packages for small to mid-sized companies and staff’ compensation insurance coverage; and specialty monetary insurance coverage merchandise comprising threat administration insurance coverage packages for lending and leasing establishments, constancy and surety merchandise, and commerce credit score insurance coverage.

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Institutional Ownership by Quarter for American Financial Group (NYSE:AFG)

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