Today: American Financial Group Inc. Holds Position in National Interstate Corp. (NATL)

Today: American Financial Group Inc. Holds Position in National Interstate Corp. (NATL)

American Financial Group Inc. maintained its stake in shares of National Interstate Corp. (NASDAQ:NATL) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,200,000 shares of the company’s stock at the end of the third quarter. National Interstate Corp. makes up approximately 23.8% of American Financial Group Inc.’s investment portfolio, making the stock its largest position. American Financial Group Inc. owned about 51.19% of National Interstate Corp. worth $331,806,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of NATL. BlackRock Investment Management LLC raised its stake in shares of National Interstate Corp. by 19.5% in the second quarter. BlackRock Investment Management LLC now owns 31,894 shares of the company’s stock valued at $965,000 after buying an additional 5,203 shares during the last quarter. BlackRock Advisors LLC raised its stake in shares of National Interstate Corp. by 16.4% in the second quarter. BlackRock Advisors LLC now owns 3,965 shares of the company’s stock valued at $120,000 after buying an additional 559 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of National Interstate Corp. by 3.1% in the second quarter. Vanguard Group Inc. now owns 294,884 shares of the company’s stock valued at $8,920,000 after buying an additional 8,824 shares during the last quarter. Nationwide Fund Advisors raised its stake in National Interstate Corp. by 5.9% in the second quarter. Nationwide Fund Advisors now owns 4,803 shares of the company’s stock valued at $145,000 after buying an additional 266 shares in the last quarter. Finally, Gabelli Funds LLC raised its stake in National Interstate Corp. by 5.6% in the second quarter. Gabelli Funds LLC now owns 443,869 shares of the company’s stock valued at $13,427,000 after buying an additional 23,721 shares in the last quarter. 84.89% of the stock is owned by institutional investors.

Shares of National Interstate Corp. (NASDAQ:NATL) opened at 32.51 on Monday. The firm’s 50-day moving average price is $32.46 and its 200 day moving average price is $31.69. National Interstate Corp. has a 12-month low of $21.15 and a 12-month high of $34.49.

The business also recently announced a special dividend, which was paid on Thursday, November 10th. Shareholders of record on Thursday, November 10th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, November 8th. This represents a yield of 1.73%. National Interstate Corp.’s dividend payout ratio (DPR) is presently 40.58%.

Separately, Zacks Investment Research lowered National Interstate Corp. from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 11th.

National Interstate Corp. Company Profile

Related posts

Leave a Comment