Astoria Financial Corp. COO Gerard C. Keegan Sells 15,200 Shares (AF)
Astoria Financial Corp. (NYSE:AF) COO Gerard C. Keegan unloaded 15,200 shares of the company’s stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $12.60, for a total value of $191,520.00. Following the completion of the sale, the chief operating officer now directly owns 246,222 shares in the company, valued at approximately $3,102,397. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
A number of research firms have recently commented on AF. Analysts at Barclays raised their price target on shares of Astoria Financial Corp. from $9.00 to $14.00 in a research note to investors on Wednesday, January 29th. They now have an “equal weight” rating on the stock. Separately, analysts at Guggenheim raised their price target on shares of Astoria Financial Corp. to $15.50 in a research note to investors on Tuesday, January 14th. They now have a “neutral” rating on the stock. Finally, analysts at Keefe, Bruyette & Woods upgraded shares of Astoria Financial Corp. from a “market perform” rating to an “outperform” rating in a research note to investors on Thursday, January 2nd. They now have a $17.00 price target on the stock, up previously from $13.00. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Astoria Financial Corp. has an average rating of “Hold” and a consensus target price of $14.33.
Shares of Astoria Financial Corp. (NYSE:AF) traded up 0.87% during mid-day trading on Friday, hitting $12.75. 462,289 shares of the company’s stock traded hands. Astoria Financial Corp. has a 52-week low of $9.22 and a 52-week high of $14.47. The stock has a 50-day moving average of $13.66 and a 200-day moving average of $13.13. The company has a market cap of $1.244 billion and a price-to-earnings ratio of 21.07.
Astoria Financial Corp. (NYSE:AF) last released its earnings data on Thursday, January 30th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.03. During the same quarter in the previous year, the company posted $0.15 earnings per share. Analysts expect that Astoria Financial Corp. will post $0.64 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Saturday, March 1st. Investors of record on Friday, February 14th will be given a dividend of 0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date of this dividend is Wednesday, February 12th.
Astoria Financial Corporation is the unitary savings and loan association holding company of Astoria Federal Savings and Loan Association (NYSE:AF).
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