State Auto Financial Corporation (NASDAQ:STFC) issued its quarterly earnings data on Tuesday. The insurance provider reported ($0.04) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.12, Bloomberg Earnings reports. State Auto Financial Corporation had a negative return on equity of 1.55% and a net margin of 0.99%. The company had revenue of $355.70 million for the quarter. During the same period in the previous year, the business earned ($0.69) EPS. State Auto Financial Corporation’s revenue for the quarter was up 2.1% compared to the same quarter last year.

Shares of State Auto Financial Corporation (STFC) opened at 24.60 on Tuesday. The company’s 50-day moving average price is $25.35 and its 200-day moving average price is $25.91. The company has a market cap of $1.03 billion, a P/E ratio of 74.55 and a beta of 0.90. State Auto Financial Corporation has a 12 month low of $19.54 and a 12 month high of $27.97.

In other State Auto Financial Corporation news, insider Jessica Elizabeth Clark sold 9,841 shares of the company’s stock in a transaction dated Wednesday, May 24th. The stock was sold at an average price of $24.38, for a total transaction of $239,923.58. Following the sale, the insider now owns 12,072 shares in the company, valued at approximately $294,315.36. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In the last 90 days, insiders have sold 65,569 shares of company stock worth $1,606,555. 1.54% of the stock is owned by company insiders.

Large investors have recently modified their holdings of the company. Geode Capital Management LLC increased its stake in shares of State Auto Financial Corporation by 4.6% in the first quarter. Geode Capital Management LLC now owns 135,538 shares of the insurance provider’s stock valued at $3,720,000 after buying an additional 5,962 shares during the period. Vanguard Group Inc. increased its stake in shares of State Auto Financial Corporation by 7.9% in the first quarter. Vanguard Group Inc. now owns 1,183,622 shares of the insurance provider’s stock valued at $32,490,000 after buying an additional 86,567 shares during the period. Thrivent Financial For Lutherans increased its stake in shares of State Auto Financial Corporation by 149.8% in the first quarter. Thrivent Financial For Lutherans now owns 326,990 shares of the insurance provider’s stock valued at $8,976,000 after buying an additional 196,110 shares during the period. Wellington Management Group LLP bought a new stake in shares of State Auto Financial Corporation during the first quarter valued at $8,245,000. Finally, Alliancebernstein L.P. increased its stake in shares of State Auto Financial Corporation by 5.4% in the first quarter. Alliancebernstein L.P. now owns 434,163 shares of the insurance provider’s stock valued at $11,918,000 after buying an additional 22,430 shares during the period. Institutional investors own 32.46% of the company’s stock.

A number of equities research analysts recently weighed in on the company. ValuEngine downgraded State Auto Financial Corporation from a “hold” rating to a “sell” rating in a research report on Friday, July 14th. BidaskClub raised State Auto Financial Corporation from a “strong sell” rating to a “sell” rating in a research report on Friday, June 30th. Zacks Investment Research downgraded State Auto Financial Corporation from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 25th. Finally, TheStreet downgraded State Auto Financial Corporation from a “b” rating to a “c+” rating in a research report on Monday, May 22nd. Two research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. The stock presently has a consensus rating of “Hold”.

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State Auto Financial Corporation Company Profile

State Auto Financial Corporation is a property and casualty insurance holding company. The Company is engaged in writing personal, business and specialty insurance. Its segments include Personal Insurance Segment, Commercial Insurance Segment and Specialty Insurance Segment. Its Personal Insurance Segment include personal auto, homeowners and other personal; Commercial Insurance Segment include commercial auto, small commercial package, middle market commercial, workers’ compensation and other commercial, and Specialty Insurance Segment include Excess & Surplus (E&S) property, E&S casualty and programs.

Earnings History for State Auto Financial Corporation (NASDAQ:STFC)

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