AFG American Financial Group, Inc.
American Financial Group, Inc. is an insurance holding company. It engages in property and casualty insurance, focusing on commercial products for businesses, and in the sale of fixed and fixed-indexed annuities in the retail, financial institutions and education markets. The company was founded by Carl Henry Lindner Jr. in 1959 and is headquartered in Cincinnati, OH.
Company profile
Ticker
AFG
Exchange
Website
CEO
Stephen Craig Lindner / Carl Henry Lindner
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
Former names
American Financial Group Holdings Inc
SEC CIK
Corporate docs
IRS number
311544320
AFG stock data
()
Investment data
| Top 50 of 125 long holdings End of quarter 31 Mar 20 |
Value |
#Shares |
Prev Q |
Change %, QoQ |
|---|---|---|---|---|
| $42.98M | 941.18K | 941.18K | 0 | |
| $33M | 2.63M | NEW | ||
| $30.12M | 715K | 715K | 0 | |
| $28M | 484.97K | 366.95K | +32.2 | |
| $25.95M | 186.19K | 186.19K | 0 | |
| $22.65M | 1.09M | 1.09M | 0 | |
| $18.99M | 320K | 180K | +77.8 | |
| $17.7M | 1.1M | 780.62K | +41.0 | |
| $17.03M | 1.22M | 1.1M | +11.0 | |
| $16.47M | 1.18M | NEW | ||
| $14.49M | 57K | 202K | -71.8 | |
| $14.29M | 1.33M | 1.13M | +17.7 | |
| $13.53M | 1.49M | 1.13M | +31.9 | |
| $13.17M | 700K | 315K | +122.2 | |
| $12.95M | 170K | 170K | 0 | |
| $11.81M | 105.73K | 105.73K | 0 | |
| $11.21M | 755K | NEW | ||
| $10.89M | 1.91M | 1.51M | +26.5 | |
| $10.81M | 1.43M | 1.06M | +34.8 | |
| $10.59M | 395K | NEW | ||
| $9.85M | 188.82K | 188.82K | 0 | |
| $9.53M | 2.07M | 1.54M | +34.4 | |
| $9.32M | 720K | 720K | 0 | |
| $9.2M | 1.3M | 385K | +237.4 | |
| $9.16M | 175.5K | 175.5K | 0 | |
| $9.13M | 2.83M | 2.83M | 0 | |
| $9.08M | 198.44K | NEW | ||
| $8.75M | 85K | NEW | ||
| $7.81M | 272K | 122K | +123.0 | |
| $7.48M | 100K | 120K | -16.7 | |
| $7.46M | 704.8K | 704.8K | 0 | |
| $7.28M | 666.23K | 666.23K | 0 | |
| $7.12M | 207K | 207K | 0 | |
| $6.86M | 480K | 40K | +1100.0 | |
| $6.53M | 3.73M | 3.73M | 0 | |
| $6.38M | 439.98K | 801K | -45.1 | |
| $6.06M | 1.59M | 1.59M | 0 | |
| $4.87M | 106.92K | 106.92K | 0 | |
| $4.82M | 930.11K | 930.11K | 0 | |
| $4.55M | 340.28K | 340.28K | 0 | |
| $4.47M | 180K | 180K | 0 | |
| $4.45M | 843K | 13K | +6384.6 | |
| $4.21M | 582.53K | 1.48M | -60.6 | |
| $3.84M | 230K | 230K | 0 | |
| $3.82M | 125.01K | 125.01K | 0 | |
| $3.59M | 110K | 110K | 0 | |
| $3.57M | 984.19K | 984.19K | 0 | |
| $3.39M | 100K | NEW | ||
| $3.34M | 60K | 60K | 0 | |
| $3.34M | 1.62M | 1.62M | 0 |
Holdings list only includes long positions.
Only includes long positions.
Calendar
11 May 20
14 Jul 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|
| Revenue | 1.28B | 2.13B | 2.12B | 1.96B | |
| Net income | -304M | 191M | 143M | 209M | |
| Diluted EPS | -3.34 | 2.3 | 1.62 | 2.31 | |
| Net profit margin | -23.84% | 8.97% | 6.74% | 10.66% | |
| Operating income | -388M | 259M | 177M | 259M | |
| Net change in cash | -641M | -379M | 319M | 374M | |
| Cash on hand | 1.67B | 2.31B | 2.69B | 2.37B |
| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
|---|---|---|---|---|---|
| Revenue | 8.24B | 7.15B | 6.87B | 6.5B | |
| Net income | 869M | 517M | 477M | 668M | |
| Diluted EPS | 9.85 | 5.85 | 5.28 | 7.33 | |
| Net profit margin | 10.55% | 7.23% | 6.95% | 10.28% | |
| Operating income | 1.11B | 639M | 724M | 787M | |
| Net change in cash | 799M | -823M | 231M | 887M | |
| Cash on hand | 2.31B | 1.52B | 2.34B | 2.11B |
Financial data from company earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 26 Jun 20 | Ambrecht Kenneth C | Common Stock | Buy | Aquire P | No | 58.8 | 1,000 | 58.8K | 45,996 |
| 12 Jun 20 | Ambrecht Kenneth C | Common Stock | Buy | Aquire P | No | 61.2169 | 1,290 | 78.97K | 44,996 |
| 4 Jun 20 | Jacobs Terry S | Common Stock | Sell | Dispose S | No | 64.8258 | 868 | 56.27K | 5,000 |
| 1 Jun 20 | Evans James E | Common Stock | Grant | Aquire A | No | 0 | 2,368 | 0 | 94,816.967 |
Institutional ownership Q1 2020
64.7% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 363 |
| Opened positions | 47 |
| Closed positions | 77 |
| Increased positions | 118 |
| Reduced positions | 135 |
13F shares |
Current |
|---|---|
| Total value | 4.08B |
| Total shares | 58.18M |
| Total puts | 175.2K |
| Total calls | 53.9K |
| Total put/call ratio | 3.3 |
Largest owners |
Shares | Value |
|---|---|---|
| BLK BlackRock | 8.79M | $616.23M |
| Vanguard | 7.83M | $548.51M |
| Victory Capital Management | 3.46M | $242.59M |
| STT State Street | 3.1M | $217.2M |
| American Financial Group Inc 401 | 2.59M | $181.83M |
| Alliancebernstein | 2.19M | $153.66M |
| LSV Asset Management | 1.65M | $115.54M |
| Dimensional Fund Advisors | 1.39M | $97.49M |
| FRLG Goldman Sachs | 1.11M | $77.94M |
| BK Bank Of New York Mellon | 1.06M | $74.3M |
Financial report summary
?Management Discussion
- Through the operations of its subsidiaries, AFG is engaged primarily in property and casualty insurance, focusing on specialized commercial products for businesses, and in the sale of traditional fixed and indexed annuities in the retail, financial institutions, broker-dealer and registered investment advisor markets.
- AFG reported a net loss attributable to shareholders for the first three months of 2020 of $301 million ($3.34 per share, diluted), compared to net earnings attributable to shareholders of $329 million ($3.63 per share, diluted) reported in the same period of 2019. The COVID-19 pandemic has had widespread financial and economic impacts, including a significant decrease in both the equity and credit markets, which adversely impacted returns on AFG’s $3.58 billion of investments that are required to be carried at fair value through net earnings. AFG’s results reflect:
Content analysis
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| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. junior Avg
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New words:
accredited, adding, agreed, alter, area, attractive, began, canceling, climate, closer, consumption, creditor, decree, diminished, distribution, downturn, driven, encouraged, experienced, extreme, failed, fire, flexibility, fluctuating, food, function, gas, grace, history, imposition, incorporate, indirectly, interruption, landscape, linked, London, long, mandate, marked, Marketform, matter, monetary, occasion, opportunistically, order, ordered, ordering, outbreak, output, pandemic, passed, passenger, posted, predecessor, prevent, prohibiting, prompted, rain, recessionary, regulatory, reimbursement, reliably, rental, requested, research, runoff, sea, SEC, sequential, slowdown, snow, stabilization, stay, supply, tourism, treatment, uncollectable, undistributed, unpredictable, widened, widespread, workforce, world, writedown
Removed:
ABA, acceleration, approval, approximate, attach, behalf, California, Certification, charitable, comparative, Condensed, Consolino, discharging, discounting, donation, duly, Enstar, exercising, expensing, finality, finance, formed, forward, hindsight, implicit, incremental, indenture, initial, inseparable, Jeff, Joseph, legacy, lesser, liquidated, low, mix, number, office, permitted, practical, Puerto, pursuant, readily, recognizing, registrant, reinvested, renew, rent, repurchase, Rico, settled, space, StarStone, storage, syndicate, term, thereunto, tighter, transferred, Unallocated, undersigned, undiscounted, XBRL
Financial reports
10-Q
2020 Q1
Quarterly report
11 May 20
10-K
2019 FY
Annual report
25 Feb 20
10-Q
2019 Q3
Quarterly report
5 Nov 19
10-Q
2019 Q2
Quarterly report
8 Aug 19
10-Q
2019 Q1
Quarterly report
3 May 19
10-K
2018 FY
Annual report
26 Feb 19
10-Q
2018 Q3
Quarterly report
8 Nov 18
10-Q
2018 Q2
Quarterly report
3 Aug 18
10-Q
2018 Q1
Quarterly report
4 May 18
10-K
2017 FY
Annual report
23 Feb 18
Current reports
8-K
Departure of Directors or Certain Officers
23 Jun 20
8-K
American Financial Group, Inc. Announces Leadership Changes
15 Jun 20
8-K
Other Events
28 May 20
8-K
Submission of Matters to a Vote of Security Holders
21 May 20
8-K
American Financial Group, Inc. Announces First Quarter Results
12 May 20
8-K
American Financial Group, Inc. Announces Intention to Hold its 2020 Annual Meeting of Shareholders in a Virtual Meeting Format
1 May 20
8-K
Regulation FD Disclosure
16 Apr 20
8-K
Amendments to Articles of Incorporation or Bylaws
1 Apr 20
8-K
Other Events
26 Mar 20
8-K
American Financial Group, Inc. Announces Fourth Quarter and Full Year Results
4 Feb 20
Registration and prospectus
8-A12B
Registration of securities on exchange
26 May 20
424B5
Prospectus supplement for primary offering
22 May 20
FWP
Free writing prospectus
22 May 20
424B5
Prospectus supplement for primary offering
21 May 20
424B5
Prospectus supplement for primary offering
27 Mar 20
FWP
Free writing prospectus
26 Mar 20
424B5
Prospectus supplement for primary offering
26 Mar 20
25-NSE
Exchange delisting
23 Dec 19
8-A12B
Registration of securities on exchange
22 Nov 19
424B5
Prospectus supplement for primary offering
22 Nov 19
Proxies
DEFA14A
Additional proxy soliciting materials
30 Apr 20
DEFA14A
Additional proxy soliciting materials
3 Apr 20
DEF 14A
Definitive proxy
3 Apr 20
DEFA14A
Additional proxy soliciting materials
5 Apr 19
DEF 14A
Definitive proxy
5 Apr 19
DEF 14A
Definitive proxy
6 Apr 18
DEFA14A
Additional proxy soliciting materials
6 Apr 18
DEF 14A
Definitive proxy
7 Apr 17
DEFA14A
Additional proxy soliciting materials
7 Apr 17
DEFA14A
Additional proxy soliciting materials
25 Jul 16
Other
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
3 May 19
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
26 Feb 19
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
8 Nov 18
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
3 Aug 18
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
7 May 18
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
23 Feb 18
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
3 Nov 17
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
4 Aug 17
UPLOAD
Letter from SEC
29 Jun 17
CORRESP
Correspondence with SEC
13 Jun 17
Ownership
3
AMERICAN FINANCIAL / Brian S. Hertzman ownership change
6 Jul 20
4
AMERICAN FINANCIAL / Kenneth C Ambrecht ownership change
30 Jun 20
4
AMERICAN FINANCIAL / Kenneth C Ambrecht ownership change
15 Jun 20
4
AMERICAN FINANCIAL / TERRY S JACOBS ownership change
4 Jun 20
4
AMERICAN FINANCIAL / LEHMAN JOHN I VON ownership change
2 Jun 20
4
AMERICAN FINANCIAL / WILLIAM W VERITY ownership change
2 Jun 20
4
AMERICAN FINANCIAL / Mary Beth Martin ownership change
2 Jun 20
4
AMERICAN FINANCIAL / GREGORY G JOSEPH ownership change
2 Jun 20
4
AMERICAN FINANCIAL / TERRY S JACOBS ownership change
2 Jun 20
4
AMERICAN FINANCIAL / Virginia Drosos ownership change
2 Jun 20