Insider Selling: StanCorp Financial Group VP Sells 1,220 Shares of Stock (SFG)
StanCorp Financial Group (NYSE:SFG) VP Daniel J. Mcmillan sold 1,220 shares of StanCorp Financial Group stock on the open market in a transaction dated Thursday, February 13th. The stock was sold at an average price of $65.22, for a total transaction of $79,568.40. Following the completion of the transaction, the vice president now directly owns 6,774 shares in the company, valued at approximately $441,800. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
StanCorp Financial Group (NYSE:SFG) traded down 0.24% on Friday, hitting $65.26. The stock had a trading volume of 137,934 shares. StanCorp Financial Group has a 52 week low of $38.58 and a 52 week high of $69.11. The stock has a 50-day moving average of $65.31 and a 200-day moving average of $60.13. The company has a market cap of $2.880 billion and a P/E ratio of 12.75.
StanCorp Financial Group (NYSE:SFG) last announced its earnings results 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. On average, analysts predict that StanCorp Financial Group will post $5.22 earnings per share for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at Goldman Sachs downgraded shares of StanCorp Financial Group from a “neutral” rating to a “sell” rating in a research note on Monday, February 3rd. They now have a $66.00 price target on the stock. Separately, analysts at Bank of America upgraded shares of StanCorp Financial Group to a “neutral” rating in a research note on Thursday, January 30th. Finally, analysts at UBS AG reiterated a “sell” rating on shares of StanCorp Financial Group in a research note on Thursday, January 30th. They now have a $57.00 price target on the stock, up previously from $52.00. Three investment 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’s stock. The stock has an average rating of “Hold” and an average price target of $58.57.
StanCorp Financial Group, Inc (NYSE:SFG) is a holding company.
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