As Celgene (CELG) Stock Declined, American Financial Group Has Upped Stake; Miracle Mile …

… 12/03/2018 – House Intel Republicans find ‘no evidence’ of Trump-Russia collusion; 08/05/2018 – INTEL CAPITAL – WITH THE NEW FUNDING, …

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American Financial Group Inc increased its stake in Celgene Corp (CELG) by 100% based on its latest 2018Q3 regulatory filing with the SEC. American Financial Group Inc bought 25,000 shares as the company’s stock declined 22.96% with the market. The institutional investor held 50,000 shares of the major pharmaceuticals company at the end of 2018Q3, valued at $4.47M, up from 25,000 at the end of the previous reported quarter. American Financial Group Inc who had been investing in Celgene Corp for a number of months, seems to be bullish on the $61.92 billion market cap company. The stock increased 0.23% or $0.2 during the last trading session, reaching $88.43. About 510,153 shares traded. Celgene Corporation (NASDAQ:CELG) has declined 33.15% since January 16, 2018 and is downtrending. It has underperformed by 33.15% the S&P500. Some Historical CELG News: 19/04/2018 – CELGENE CORP – JUNO THERAPEUTICS CO-FOUNDER AND FORMER CEO HANS BISHOP ELECTED TO BOARD OF DIRECTORS; 15/05/2018 – Edmond de Rothschild Adds Zimmer Biomet, Buys More Celgene: 13F; 22/03/2018 – BerGenBio ASA: BerGenBio to present overview of phase II clinical trial portfolio combining bemcentinib with KEYTRUDA at 3rd Annual Immuno-Oncology Summit Europe; 04/05/2018 – Celgene Had Seen 2018 Adjusted EPS $8.70-$8.90; 13/03/2018 – Merck Gets FDA Priority Review for Keytruda sBLA in Advanced Cervical Cancer; 04/05/2018 – CELGENE CEO MARK ALLES SPEAKS ON CELGENE CALL; 07/04/2018 – #4 In sudden revamp, Celgene CEO Alles bids his COO goodbye and looks to regain confidence with management shuffle; 23/04/2018 – European Medicines Agency Validates Type Il Variation for Merck’s KEYTRUDA® (pembrolizumab) in Combination with Pemetrexed (ALIMTA®) and Platinum Chemotherapy as First-Line Therapy in Metastatic Nonsquamous NSCLC, Based on Phase 3…; 04/05/2018 – CELGENE 1Q REV. $3.54B, EST. $3.47B; 21/05/2018 – EVOTEC AG EVTG.DE – CELGENE RECEIVES EXCLUSIVE OPT-IN RIGHTS TO LICENSE WORLDWIDE RIGHTS TO ALL PROGRAMMES DEVELOPED WITHIN THIS COLLABORATION

Miracle Mile Advisors Llc decreased its stake in Intel Corp (INTC) by 9.56% based on its latest 2018Q3 regulatory filing with the SEC. Miracle Mile Advisors Llc sold 6,609 shares as the company’s stock rose 1.97% while stock markets declined. The institutional investor held 62,497 shares of the semiconductors company at the end of 2018Q3, valued at $2.96M, down from 69,106 at the end of the previous reported quarter. Miracle Mile Advisors Llc who had been investing in Intel Corp for a number of months, seems to be less bullish one the $223.00B market cap company. The stock increased 0.53% or $0.26 during the last trading session, reaching $48.86. About 1.70 million shares traded. Intel Corporation (NASDAQ:INTC) has risen 9.59% since January 16, 2018 and is uptrending. It has outperformed by 9.59% the S&P500. Some Historical INTC News: 30/03/2018 – Hexus (GB): Acer Predator Helios 500 with Intel Core i9 CPU listed; 04/04/2018 – SHI International Wins PC Client Solution Partner of the Year at Intel Technology Partner Awards; 25/04/2018 – MacRumors: Intel to Supply Apple With 70% of LTE Chips Needed for 2018 iPhones; 26/04/2018 – INTEL CORP – IN QTR, BEGAN OPERATING AUTONOMOUS VEHICLE TEST CARS IN ISRAEL WITH PLANS TO EXPAND THE FLEET TO OTHER GEOGRAPHIES; 27/04/2018 – Intel set to open up more than 6 percent after crushing earnings; 26/04/2018 – Amazon, Intel Earnings Boost Tech Momentum in Post-Market Surge; 19/03/2018 – INTEL EXTENDS ANDY BRYANT’S TERM AS INTEL CHAIRMAN UNTIL 2019; 12/03/2018 – House Intel Republicans find ‘no evidence’ of Trump-Russia collusion; 08/05/2018 – INTEL CAPITAL – WITH THE NEW FUNDING, INTEL CAPITAL’S YEAR-TO-DATE INVESTMENTS HAVE REACHED MORE THAN $115 MLN; 05/04/2018 – The analyst also said Intel’s advantage in the processor space has “degraded” with competitor Advanced Micro Devices catching up

American Financial Group Inc, which manages about $1.01 billion US Long portfolio, decreased its stake in Signet Jewelers Limited (NYSE:SIG) by 40,000 shares to 10,000 shares, valued at $660,000 in 2018Q3, according to the filing.

More notable recent Celgene Corporation (NASDAQ:CELG) news were published by: Nasdaq.com which released: “Pre-Market Most Active for Jan 3, 2019 : CELG, BMY, AAPL, QQQ, SQQQ, TQQQ, TEVA, AMD, GE, PBR, AZN, STM – Nasdaq” on January 03, 2019, also Nasdaq.com with their article: “Here’s Why bluebird bio Shares Got Knocked Down 19.3% in December – Nasdaq” published on January 04, 2019, Fool.com published: “Why Celgene, Agenus, and Incyte Jumped Today – The Motley Fool” on January 03, 2019. More interesting news about Celgene Corporation (NASDAQ:CELG) were released by: Nasdaq.com and their article: “The Best Stocks to Buy During the Correction – Nasdaq” published on December 27, 2018 as well as Nasdaq.com‘s news article titled: “Celgene (CELG) Dips More Than Broader Markets: What You Should Know – Nasdaq” with publication date: December 28, 2018.

Among 35 analysts covering Celgene Corporation (NASDAQ:CELG), 23 have Buy rating, 0 Sell and 12 Hold. Therefore 66% are positive. Celgene Corporation had 160 analyst reports since July 21, 2015 according to SRatingsIntel. Citigroup initiated the stock with “Buy” rating in Thursday, February 25 report. The stock of Celgene Corporation (NASDAQ:CELG) earned “Buy” rating by Credit Suisse on Thursday, July 6. The rating was downgraded by Argus Research on Friday, May 5 to “Hold”. Jefferies maintained Celgene Corporation (NASDAQ:CELG) on Friday, June 23 with “Buy” rating. Oppenheimer maintained it with “Buy” rating and $14800 target in Wednesday, June 14 report. The firm has “Buy” rating given on Tuesday, January 23 by RBC Capital Markets. SunTrust maintained Celgene Corporation (NASDAQ:CELG) rating on Thursday, January 25. SunTrust has “Buy” rating and $139.0 target. As per Friday, January 4, the company rating was maintained by Wells Fargo. Credit Suisse maintained Celgene Corporation (NASDAQ:CELG) on Wednesday, February 28 with “Outperform” rating. The rating was maintained by Cowen & Co on Tuesday, September 12 with “Buy”.

Investors sentiment increased to 0.93 in 2018 Q3. Its up 0.22, from 0.71 in 2018Q2. It is positive, as 58 investors sold CELG shares while 418 reduced holdings. 113 funds opened positions while 332 raised stakes. 468.90 million shares or 1.67% less from 476.86 million shares in 2018Q2 were reported. Rhenman And Ptnrs Asset Ab invested 1.62% in Celgene Corporation (NASDAQ:CELG). Korea Invest holds 704,173 shares or 0.29% of its portfolio. Smith Moore holds 3,073 shares or 0.06% of its portfolio. Advisor Prns Llc stated it has 0.15% in Celgene Corporation (NASDAQ:CELG). Moreover, First Amer Comml Bank has 0.05% invested in Celgene Corporation (NASDAQ:CELG) for 7,312 shares. Prtnrs Ltd Limited Liability Company invested 0.74% of its portfolio in Celgene Corporation (NASDAQ:CELG). Greenleaf invested in 97,233 shares. Hgk Asset has 0.11% invested in Celgene Corporation (NASDAQ:CELG). Maple Capital Management reported 0.09% in Celgene Corporation (NASDAQ:CELG). Blackhill reported 24,800 shares. Barclays Public Limited holds 1.83 million shares or 0.11% of its portfolio. Adirondack Trust Company invested in 0.2% or 3,374 shares. Pitcairn Company has 0.04% invested in Celgene Corporation (NASDAQ:CELG). Hudson Valley Advisors Adv reported 0.45% in Celgene Corporation (NASDAQ:CELG). Monetary Mgmt Gru Incorporated holds 1,625 shares or 0.06% of its portfolio.

Among 57 analysts covering Intel Corporation (NASDAQ:INTC), 33 have Buy rating, 7 Sell and 17 Hold. Therefore 58% are positive. Intel Corporation had 303 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Friday, July 27 by Bank of America. Roth Capital maintained the shares of INTC in report on Friday, October 20 with “Buy” rating. The firm earned “Buy” rating on Wednesday, October 19 by Charter Equity. Northland Capital maintained the stock with “Outperform” rating in Thursday, October 8 report. As per Friday, January 15, the company rating was maintained by Wedbush. On Monday, August 31 the stock rating was upgraded by Northland Capital to “Outperform”. Evercore downgraded the shares of INTC in report on Tuesday, July 17 to “In-Line” rating. The firm has “Sector Perform” rating by RBC Capital Markets given on Friday, August 28. The rating was downgraded by Citigroup on Friday, July 27 to “Neutral”. The stock of Intel Corporation (NASDAQ:INTC) earned “Sector Perform” rating by RBC Capital Markets on Monday, January 18.

Since July 25, 2018, it had 2 buys, and 7 sales for $723,730 activity. The insider McBride Kevin Thomas sold $557. $102,050 worth of Intel Corporation (NASDAQ:INTC) was sold by Rodgers Steven Ralph. SWAN ROBERT HOLMES bought $245,993 worth of stock.

Miracle Mile Advisors Llc, which manages about $371.73M and $1.10 billion US Long portfolio, upped its stake in 3M Co (NYSE:MMM) by 4,013 shares to 8,853 shares, valued at $1.87 million in 2018Q3, according to the filing. It also increased its holding in Ssga Active Etf Tr by 27,339 shares in the quarter, for a total of 1.16M shares, and has risen its stake in Facebook Inc (NASDAQ:FB).

More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Nasdaq.com which released: “Should Value Investors Buy Intel (INTC) Stock? – Nasdaq” on September 26, 2018, also Seekingalpha.com with their article: “Rejuvenated Intel Highlights Benefits Of Competition – Seeking Alpha” published on December 18, 2018, Investorplace.com published: “Buy Intel Stock for Its Potentially Huge Upside In eSports – Investorplace.com” on December 17, 2018. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: Nasdaq.com and their article: “Technology Sector Update for 01/07/2019: MU,INTC,MSI,QTRH,AAPL – Nasdaq” published on January 07, 2019 as well as Nasdaq.com‘s news article titled: “Micron Scores Big Automotive Deals With Intel and Qualcomm – Nasdaq” with publication date: January 11, 2019.

Investors sentiment increased to 0.85 in Q3 2018. Its up 0.04, from 0.81 in 2018Q2. It improved, as 62 investors sold INTC shares while 728 reduced holdings. 113 funds opened positions while 557 raised stakes. 2.86 billion shares or 2.41% less from 2.93 billion shares in 2018Q2 were reported. Estabrook Management has 0% invested in Intel Corporation (NASDAQ:INTC). Mogy Joel R Counsel reported 114,847 shares. North Star Corporation owns 0.86% invested in Intel Corporation (NASDAQ:INTC) for 162,804 shares. Philadelphia Tru Comm has invested 0.72% in Intel Corporation (NASDAQ:INTC). Prudential Public Ltd Liability reported 3.52M shares. 839,773 are owned by Sei Invests Company. Zacks Investment accumulated 1.49 million shares or 1.47% of the stock. Riverbridge Ptnrs Llc has invested 0.05% in Intel Corporation (NASDAQ:INTC). Hanseatic Mgmt Svcs holds 0.06% or 1,368 shares. Van Strum & Towne has 12,397 shares. Sigma Inv Counselors invested in 0.06% or 10,464 shares. 578,883 were reported by River Road Asset Management Ltd Liability Corp. Millennium Limited Liability Company reported 0.04% stake. Elm Advsr Ltd Liability reported 17,420 shares stake. 93,395 were accumulated by Bridgecreek Lc.

Analysts await Intel Corporation (NASDAQ:INTC) to report earnings on January, 24 after the close. They expect $1.22 EPS, up 12.96% or $0.14 from last year’s $1.08 per share. INTC’s profit will be $5.57 billion for 10.01 P/E if the $1.22 EPS becomes a reality. After $1.40 actual EPS reported by Intel Corporation for the previous quarter, Wall Street now forecasts -12.86% negative EPS growth.

Celgene Corporation (NASDAQ:CELG) Institutional Positions Chart

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AQR Capital Management LLC Has $157.66 Million Holdings in American Financial Group Inc …

AQR Capital Management LLC lessened its position in American Financial Group Inc (NYSE:AFG) by 7.3% in the 3rd quarter, according to its most …

American Financial Group logoAQR Capital Management LLC lessened its position in American Financial Group Inc (NYSE:AFG) by 7.3% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,420,728 shares of the insurance provider’s stock after selling 112,392 shares during the period. AQR Capital Management LLC owned approximately 1.59% of American Financial Group worth $157,658,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA increased its stake in shares of American Financial Group by 25,000.0% in the third quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 1,004 shares of the insurance provider’s stock worth $111,000 after buying an additional 1,000 shares during the last quarter. Honkamp Krueger Financial Services Inc. bought a new stake in shares of American Financial Group in the third quarter worth $111,000. FMR LLC bought a new stake in American Financial Group during the third quarter valued at $113,000. Checchi Capital Advisers LLC bought a new stake in American Financial Group during the third quarter valued at $203,000. Finally, First Hawaiian Bank bought a new stake in American Financial Group during the third quarter valued at $211,000. Institutional investors own 62.67% of the company’s stock.

In other news, CEO Carl H. Lindner III sold 28,668 shares of the company’s stock in a transaction dated Tuesday, December 18th. The stock was sold at an average price of $91.05, for a total value of $2,610,221.40. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Gregory G. Joseph purchased 1,000 shares of the stock in a transaction that occurred on Wednesday, December 12th. The stock was purchased at an average cost of $92.91 per share, with a total value of $92,910.00. Following the purchase, the director now owns 35,594 shares in the company, valued at approximately $3,307,038.54. The disclosure for this purchase can be found here. 13.70% of the stock is currently owned by insiders.

American Financial Group stock traded down $0.10 during midday trading on Friday, hitting $93.40. The company’s stock had a trading volume of 294,500 shares, compared to its average volume of 409,050. The company has a current ratio of 0.17, a quick ratio of 0.17 and a debt-to-equity ratio of 0.25. American Financial Group Inc has a 12 month low of $84.18 and a 12 month high of $121.69. The stock has a market cap of $8.22 billion, a PE ratio of 14.26, a price-to-earnings-growth ratio of 0.85 and a beta of 0.92.

American Financial Group (NYSE:AFG) last issued its quarterly earnings results on Tuesday, October 30th. The insurance provider reported $2.19 EPS for the quarter, topping the consensus estimate of $1.88 by $0.31. The firm had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.29 billion. American Financial Group had a net margin of 9.98% and a return on equity of 15.39%. American Financial Group’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.06 earnings per share. On average, equities analysts predict that American Financial Group Inc will post 8.6 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 25th. Shareholders of record on Tuesday, January 15th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, January 14th. This represents a $1.60 annualized dividend and a yield of 1.71%. American Financial Group’s payout ratio is presently 24.43%.

Several analysts have weighed in on AFG shares. Zacks Investment Research reiterated a “buy” rating and set a $115.00 target price on shares of American Financial Group in a research note on Monday, November 12th. Keefe, Bruyette & Woods began coverage on shares of American Financial Group in a report on Thursday. They set a “market perform” rating and a $107.00 price target for the company. Finally, ValuEngine downgraded shares of American Financial Group from a “hold” rating to a “sell” rating in a report on Tuesday, October 2nd. One analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $114.67.

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About American Financial Group

American Financial Group, Inc, through its subsidiaries, provides property and casualty insurance products in the United States. The company operates through Property and Casualty Insurance, Annuity, Run-Off Long-Term Care and Life, and Other segments. It offers property and transportation insurance products, such as physical damage and liability coverage for buses, trucks and recreational vehicles, inland and ocean marine, agricultural-related products, and other property coverages; specialty casualty insurance, including primarily excess and surplus, general liability, executive liability, professional liability, umbrella and excess liability, and specialty coverage in targeted markets and customized programs for small to mid-sized businesses; and specialty financial insurance products comprising risk management insurance programs for leasing and financing institutions, surety and fidelity products, and trade credit insurance.

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

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Renaissance Technologies LLC Has $62.62 Million Stake in American Financial Group Inc (AFG)

Renaissance Technologies LLC grew its holdings in shares of American Financial Group Inc (NYSE:AFG) by 0.8% in the third quarter, according to the …

Renaissance Technologies LLC grew its holdings in shares of American Financial Group Inc (NYSE:AFG) by 0.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 564,309 shares of the insurance provider’s stock after acquiring an additional 4,709 shares during the quarter. Renaissance Technologies LLC owned about 0.63% of American Financial Group worth $62,621,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Honkamp Krueger Financial Services Inc. purchased a new position in American Financial Group in the 3rd quarter worth approximately $111,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA increased its stake in American Financial Group by 25,000.0% in the 3rd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 1,004 shares of the insurance provider’s stock worth $111,000 after purchasing an additional 1,000 shares during the period. FMR LLC purchased a new position in American Financial Group in the 3rd quarter worth approximately $113,000. Checchi Capital Advisers LLC purchased a new position in American Financial Group in the 3rd quarter worth approximately $203,000. Finally, First Hawaiian Bank purchased a new position in American Financial Group in the 3rd quarter worth approximately $211,000. Hedge funds and other institutional investors own 62.78% of the company’s stock.

Shares of AFG traded up $1.37 during mid-day trading on Friday, hitting $90.47. 479,664 shares of the company’s stock traded hands, compared to its average volume of 397,421. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.17 and a current ratio of 0.17. American Financial Group Inc has a 1 year low of $84.18 and a 1 year high of $121.69. The stock has a market capitalization of $8.08 billion, a PE ratio of 13.81, a price-to-earnings-growth ratio of 0.84 and a beta of 0.92.

American Financial Group (NYSE:AFG) last posted its earnings results on Tuesday, October 30th. The insurance provider reported $2.19 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.88 by $0.31. American Financial Group had a return on equity of 15.39% and a net margin of 9.98%. The firm had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same period in the previous year, the firm earned $1.06 earnings per share. The business’s revenue was up 4.7% compared to the same quarter last year. Research analysts forecast that American Financial Group Inc will post 8.6 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, January 25th. Investors of record on Tuesday, January 15th will be given a dividend of $0.40 per share. The ex-dividend date is Monday, January 14th. This represents a $1.60 annualized dividend and a dividend yield of 1.77%. American Financial Group’s dividend payout ratio is presently 24.43%.

In related news, CEO Carl H. Lindner III sold 28,668 shares of American Financial Group stock in a transaction that occurred on Tuesday, December 18th. The stock was sold at an average price of $91.05, for a total transaction of $2,610,221.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Gregory G. Joseph purchased 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 12th. The shares were purchased at an average price of $92.91 per share, for a total transaction of $92,910.00. Following the completion of the transaction, the director now directly owns 35,594 shares of the company’s stock, valued at $3,307,038.54. The disclosure for this purchase can be found here. Insiders own 13.70% of the company’s stock.

A number of equities analysts have commented on the company. Zacks Investment Research cut American Financial Group from a “hold” rating to a “sell” rating in a research note on Monday, October 15th. ValuEngine cut American Financial Group from a “hold” rating to a “sell” rating in a research note on Tuesday, October 2nd. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $118.67.

American Financial Group Profile

American Financial Group, Inc, through its subsidiaries, provides property and casualty insurance products in the United States. The company operates through Property and Casualty Insurance, Annuity, Run-Off Long-Term Care and Life, and Other segments. It offers property and transportation insurance products, such as physical damage and liability coverage for buses, trucks and recreational vehicles, inland and ocean marine, agricultural-related products, and other property coverages; specialty casualty insurance, including primarily excess and surplus, general liability, executive liability, professional liability, umbrella and excess liability, and specialty coverage in targeted markets and customized programs for small to mid-sized businesses; and specialty financial insurance products comprising risk management insurance programs for leasing and financing institutions, surety and fidelity products, and trade credit insurance.

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Vanguard Group Inc. Acquires 73729 Shares of American Financial Group Inc (AFG)

Vanguard Group Inc. boosted its position in American Financial Group Inc (NYSE:AFG) by 1.0% in the 3rd quarter, according to its most recent filing …

American Financial Group logoVanguard Group Inc. boosted its position in American Financial Group Inc (NYSE:AFG) by 1.0% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 7,116,486 shares of the insurance provider’s stock after purchasing an additional 73,729 shares during the period. Vanguard Group Inc. owned about 7.97% of American Financial Group worth $789,716,000 as of its most recent filing with the SEC.

A number of other large investors have also recently modified their holdings of the stock. Morgan Stanley raised its holdings in American Financial Group by 11.9% in the 3rd quarter. Morgan Stanley now owns 225,874 shares of the insurance provider’s stock valued at $25,065,000 after acquiring an additional 23,978 shares during the period. Legal & General Group Plc increased its holdings in shares of American Financial Group by 2.0% during the third quarter. Legal & General Group Plc now owns 193,067 shares of the insurance provider’s stock worth $21,424,000 after purchasing an additional 3,808 shares during the period. Mackenzie Financial Corp bought a new position in shares of American Financial Group during the third quarter worth approximately $212,000. Thrivent Financial for Lutherans increased its holdings in shares of American Financial Group by 48.5% during the third quarter. Thrivent Financial for Lutherans now owns 582,401 shares of the insurance provider’s stock worth $64,630,000 after purchasing an additional 190,186 shares during the period. Finally, Man Group plc increased its holdings in shares of American Financial Group by 192.8% during the third quarter. Man Group plc now owns 113,933 shares of the insurance provider’s stock worth $12,644,000 after purchasing an additional 75,015 shares during the period. Institutional investors and hedge funds own 62.78% of the company’s stock.

Shares of AFG opened at $90.53 on Wednesday. American Financial Group Inc has a 12 month low of $84.18 and a 12 month high of $121.69. The company has a market cap of $8.08 billion, a PE ratio of 13.82, a price-to-earnings-growth ratio of 0.84 and a beta of 0.92. The company has a current ratio of 0.17, a quick ratio of 0.17 and a debt-to-equity ratio of 0.25.

American Financial Group (NYSE:AFG) last announced its earnings results on Tuesday, October 30th. The insurance provider reported $2.19 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.88 by $0.31. American Financial Group had a net margin of 9.98% and a return on equity of 15.39%. The company had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same period last year, the firm earned $1.06 earnings per share. The business’s revenue for the quarter was up 4.7% on a year-over-year basis. As a group, equities analysts predict that American Financial Group Inc will post 8.6 EPS for the current year.

Several brokerages have recently commented on AFG. Zacks Investment Research reaffirmed a “buy” rating and set a $115.00 target price on shares of American Financial Group in a report on Monday, November 12th. ValuEngine cut shares of American Financial Group from a “hold” rating to a “sell” rating in a report on Tuesday, October 2nd. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company’s stock. American Financial Group has an average rating of “Hold” and a consensus price target of $118.67.

In other news, Director Gregory G. Joseph purchased 1,000 shares of American Financial Group stock in a transaction that occurred on Wednesday, December 12th. The shares were acquired at an average price of $92.91 per share, for a total transaction of $92,910.00. Following the transaction, the director now owns 35,594 shares of the company’s stock, valued at approximately $3,307,038.54. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Carl H. Lindner III sold 28,668 shares of the stock in a transaction that occurred on Tuesday, December 18th. The stock was sold at an average price of $91.05, for a total transaction of $2,610,221.40. The disclosure for this sale can be found here. 13.70% of the stock is currently owned by company insiders.

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American Financial Group Profile

American Financial Group, Inc, through its subsidiaries, provides property and casualty insurance products in the United States. The company operates through Property and Casualty Insurance, Annuity, Run-Off Long-Term Care and Life, and Other segments. It offers property and transportation insurance products, such as physical damage and liability coverage for buses, trucks and recreational vehicles, inland and ocean marine, agricultural-related products, and other property coverages; specialty casualty insurance, including primarily excess and surplus, general liability, executive liability, professional liability, umbrella and excess liability, and specialty coverage in targeted markets and customized programs for small to mid-sized businesses; and specialty financial insurance products comprising risk management insurance programs for leasing and financing institutions, surety and fidelity products, and trade credit insurance.

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Want to see what other hedge funds are holding AFG?Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Financial Group Inc (NYSE:AFG).

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

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AQR Capital Management LLC Sells 112392 Shares of American Financial Group Inc (NYSE:AFG)

AQR Capital Management LLC reduced its holdings in American Financial Group Inc (NYSE:AFG) by 7.3% during the third quarter, according to the …

American Financial Group logoAQR Capital Management LLC reduced its holdings in American Financial Group Inc (NYSE:AFG) by 7.3% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 1,420,728 shares of the insurance provider’s stock after selling 112,392 shares during the quarter. AQR Capital Management LLC owned approximately 1.59% of American Financial Group worth $157,658,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of the company. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its position in American Financial Group by 25,000.0% in the 3rd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 1,004 shares of the insurance provider’s stock valued at $111,000 after purchasing an additional 1,000 shares during the last quarter. Honkamp Krueger Financial Services Inc. purchased a new position in shares of American Financial Group in the third quarter worth approximately $111,000. FMR LLC purchased a new position in shares of American Financial Group in the third quarter worth approximately $113,000. Checchi Capital Advisers LLC purchased a new position in shares of American Financial Group in the third quarter worth approximately $203,000. Finally, First Hawaiian Bank purchased a new position in shares of American Financial Group in the third quarter worth approximately $211,000. Institutional investors own 62.78% of the company’s stock.

In other news, CEO Carl H. Lindner III sold 28,668 shares of the company’s stock in a transaction dated Tuesday, December 18th. The stock was sold at an average price of $91.05, for a total value of $2,610,221.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Gregory G. Joseph bought 1,000 shares of the stock in a transaction that occurred on Wednesday, December 12th. The shares were acquired at an average cost of $92.91 per share, with a total value of $92,910.00. Following the completion of the purchase, the director now owns 35,594 shares in the company, valued at approximately $3,307,038.54. The disclosure for this purchase can be found here. Corporate insiders own 13.70% of the company’s stock.

Shares of American Financial Group stock opened at $88.47 on Thursday. The firm has a market capitalization of $7.61 billion, a price-to-earnings ratio of 13.51, a price-to-earnings-growth ratio of 0.79 and a beta of 0.84. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.17 and a current ratio of 0.17. American Financial Group Inc has a 52-week low of $84.18 and a 52-week high of $121.69.

American Financial Group (NYSE:AFG) last issued its earnings results on Tuesday, October 30th. The insurance provider reported $2.19 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.88 by $0.31. The company had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.29 billion. American Financial Group had a net margin of 9.98% and a return on equity of 15.39%. The firm’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.06 EPS. Analysts expect that American Financial Group Inc will post 8.6 EPS for the current fiscal year.

AFG has been the subject of several research reports. Zacks Investment Research restated a “buy” rating and set a $115.00 price target on shares of American Financial Group in a report on Monday, November 12th. ValuEngine cut shares of American Financial Group from a “hold” rating to a “sell” rating in a research note on Tuesday, October 2nd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $118.67.

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About American Financial Group

American Financial Group, Inc, through its subsidiaries, provides property and casualty insurance products in the United States. The company operates through Property and Casualty Insurance, Annuity, Run-Off Long-Term Care and Life, and Other segments. It offers property and transportation insurance products, such as physical damage and liability coverage for buses, trucks and recreational vehicles, inland and ocean marine, agricultural-related products, and other property coverages; specialty casualty insurance, including primarily excess and surplus, general liability, executive liability, professional liability, umbrella and excess liability, and specialty coverage in targeted markets and customized programs for small to mid-sized businesses; and specialty financial insurance products comprising risk management insurance programs for leasing and financing institutions, surety and fidelity products, and trade credit insurance.

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

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