Victory Capital Management Inc buys $125,200,453 stake in American Financial Group Inc (AFG)

American Financial Group Inc (AFG) : Victory Capital Management Inc scooped up 286,987 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 9, 2016. The investment management firm now holds a total of 1,702,481 shares of American Financial Group Inc which is valued at $125,200,453.American Financial Group Inc makes up approximately 0.49% of Victory Capital Management Inc’s portfolio.

Other Hedge Funds, Including , Ubs Asset Management Americas Inc boosted its stake in AFG in the latest quarter, The investment management firm added 900 additional shares and now holds a total of 106,214 shares of American Financial Group Inc which is valued at $7,810,978. American Financial Group Inc makes up approx 0.01% of Ubs Asset Management Americas Inc’s portfolio.State Treasurer State Of Michigan boosted its stake in AFG in the latest quarter, The investment management firm added 200 additional shares and now holds a total of 28,490 shares of American Financial Group Inc which is valued at $2,043,018. American Financial Group Inc makes up approx 0.02% of State Treasurer State Of Michigan’s portfolio.Moody Lynn Lieberson boosted its stake in AFG in the latest quarter, The investment management firm added 64 additional shares and now holds a total of 5,529 shares of American Financial Group Inc which is valued at $404,170. American Financial Group Inc makes up approx 0.07% of Moody Lynn Lieberson’s portfolio.Regentatlantic Capital reduced its stake in AFG by selling 963 shares or 1.45% in the most recent quarter. The Hedge Fund company now holds 65,405 shares of AFG which is valued at $4,723,549. American Financial Group Inc makes up approx 0.44% of Regentatlantic Capital’s portfolio.

American Financial Group Inc opened for trading at $73.54 and hit $74.03 on the upside on Wednesday, eventually ending the session at $73.68, with a gain of 0.10% or 0.07 points. The heightened volatility saw the trading volume jump to 2,45,638 shares. Company has a market cap of $6,402 M.

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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