StanCorp Financial Group VP Scott A. Hibbs Unloads 3,548 Shares (SFG)
StanCorp Financial Group (NYSE:SFG) VP Scott A. Hibbs sold 3,548 shares of the company’s stock in a transaction that occurred on Friday, January 31st. The shares were sold at an average price of $64.24, for a total value of $227,923.52. Following the sale, the vice president now directly owns 23,229 shares in the company, valued at approximately $1,492,231. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of StanCorp Financial Group (NYSE:SFG) traded down 6.77% during mid-day trading on Monday, hitting $59.90. The stock had a trading volume of 713,265 shares. StanCorp Financial Group has a 1-year low of $37.96 and a 1-year high of $69.11. The stock’s 50-day moving average is $65.94 and its 200-day moving average is $59.50. The company has a market cap of $2.643 billion and a P/E ratio of 12.52.
StanCorp Financial Group (NYSE:SFG) last released its earnings data on Thursday, January 30th. The company reported $1.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.47. The company had revenue of $718.60 million for the quarter, compared to the consensus estimate of $713.25 million. During the same quarter in the previous year, the company posted $0.87 earnings per share. The company’s revenue for the quarter was up .1% on a year-over-year basis. Analysts expect that StanCorp Financial Group will post $5.23 EPS for the current fiscal year.
A number of research firms have recently commented on SFG. Analysts at Goldman Sachs Group Inc. downgraded shares of StanCorp Financial Group from a “neutral” rating to a “sell” rating in a research note to investors on Monday. They now have a $66.00 price target on the stock. Separately, analysts at Bank of America Corp. upgraded shares of StanCorp Financial Group to a “neutral” rating in a research note to investors on Thursday. Finally, analysts at UBS AG reiterated a “sell” rating on shares of StanCorp Financial Group in a research note to investors on Thursday. They now have a $57.00 price target on the stock, up previously from $52.00. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $58.57.
StanCorp Financial Group, Inc (NYSE:SFG) is a holding company.
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