Astoria Financial Corp. EVP Alan P. Eggleston Sells 9,750 Shares (AF)
Astoria Financial Corp. (NYSE:AF) EVP Alan P. Eggleston sold 9,750 shares of Astoria Financial Corp. stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $12.76, for a total transaction of $124,410.00. Following the transaction, the executive vice president now directly owns 235,995 shares in the company, valued at approximately $3,011,296. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of Astoria Financial Corp. (NYSE:AF) traded up 0.31% during mid-day trading on Monday, hitting $12.79. The stock had a trading volume of 357,699 shares. Astoria Financial Corp. has a 1-year low of $9.22 and a 1-year high of $14.47. The stock’s 50-day moving average is $13.66 and its 200-day moving average is $13.14. The company has a market cap of $1.248 billion and a P/E ratio of 21.25.
Astoria Financial Corp. (NYSE:AF) last issued its quarterly earnings data on Thursday, January 30th. The company reported $0.18 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.15 by $0.03. During the same quarter last year, the company posted $0.15 earnings per share. On average, analysts predict that Astoria Financial Corp. will post $0.64 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Saturday, March 1st. Stockholders of record on Friday, February 14th will be paid a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 1.25%. The ex-dividend date is Wednesday, February 12th.
Several analysts have recently commented on the stock. 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 issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $14.33.
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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