StanCorp Financial Group VP Sells $752,793 in Stock (SFG)
StanCorp Financial Group (NYSE:SFG) VP James B. Harbolt unloaded 12,408 shares of the stock on the open market in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $60.67, for a total value of $752,793.36. Following the completion of the sale, the vice president now directly owns 7,674 shares of the company’s stock, valued at approximately $465,582. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
StanCorp Financial Group (NYSE:SFG) traded up 0.54% on Wednesday, hitting $61.61. 318,570 shares of the company’s stock traded hands. StanCorp Financial Group has a 52 week low of $37.96 and a 52 week high of $69.11. The stock has a 50-day moving average of $65.65 and a 200-day moving average of $59.57. The company has a market cap of $2.719 billion and a P/E ratio of 11.95.
StanCorp Financial Group (NYSE:SFG) last posted its quarterly earnings results on Thursday, January 30th. The company reported $1.49 earnings per share for the quarter, beating the analysts’ 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 prior year, the company posted $0.87 earnings per share. The company’s quarterly revenue was up .1% on a year-over-year basis. Analysts expect that StanCorp Financial Group will post $5.22 EPS for the current fiscal year.
A number of analysts have recently weighed in on SFG shares. 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, January 30th. Finally, analysts at UBS AG reiterated a “sell” rating on shares of StanCorp Financial Group in a research note to investors on Thursday, January 30th. They now have a $57.00 price target on the stock, up previously from $52.00. Three analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. 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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