Zacks Investment Management buys $25,583,121 stake in American Financial Group Inc (AFG)

American Financial Group Inc (AFG) : Zacks Investment Management scooped up 11,253 additional shares in American Financial Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 346,092 shares of American Financial Group Inc which is valued at $25,583,121.American Financial Group Inc makes up approximately 0.75% of Zacks Investment Management’s portfolio.

Other Hedge Funds, Including , Two Sigma Investments Lp boosted its stake in AFG in the latest quarter, The investment management firm added 28,849 additional shares and now holds a total of 34,407 shares of American Financial Group Inc which is valued at $2,543,365. American Financial Group Inc makes up approx 0.01% of Two Sigma Investments Lp’s portfolio.Prudential Plc boosted its stake in AFG in the latest quarter, The investment management firm added 40,600 additional shares and now holds a total of 281,200 shares of American Financial Group Inc which is valued at $20,786,304. American Financial Group Inc makes up approx 0.08% of Prudential Plc’s portfolio.Swiss National Bank reduced its stake in AFG by selling 500 shares or 0.43% in the most recent quarter. The Hedge Fund company now holds 115,900 shares of AFG which is valued at $8,311,189. American Financial Group Inc makes up approx 0.01% of Swiss National Bank’s portfolio. Signaturefd added AFG to its portfolio by purchasing 15 company shares during the most recent quarter which is valued at $1,097.

American Financial Group Inc closed down -0.3 points or -0.40% at $74.85 with 2,75,170 shares getting traded on Thursday. Post opening the session at $75.06, the shares hit an intraday low of $74.385 and an intraday high of $75.42 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, American Financial Group Inc reported $1.28 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $1.26. The company had revenue of $1027.00 million for the quarter, compared to analysts expectations of $1093.93 million. The company’s revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.28 EPS.

Many Wall Street Analysts have commented on American Financial Group Inc. American Financial Group Inc was Upgraded by Sandler O’Neill to ” Buy” on Aug 12, 2016.

American Financial Group Inc. (AFG) is a holding company engaged primarily in property and casualty insurance businesses. The Company through Great American Insurance Group provides property and casualty insurance commercial products and also engaged in the sale of fixed and fixed-indexed annuities in the retail financial institutions and education markets. The Company operates in four segments: Property and casualty insurance Annuity Run-off long-term care and life and Other. AFG’s property and casualty operations provide a range of commercial coverages through the approximately 30 insurance businesses. AFG sells traditional fixed and fixed-indexed annuities in the retail financial institutions and education markets through independent producers and through direct relationships with certain financial institutions. Run-off Long-term Care receives renewal premiums on its in-force block of life insurance policies.

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