State Auto Financial Corporation (NASDAQ:STFC) has been assigned a consensus rating of “Hold” from the seven research firms that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating and five have issued a hold rating on the company. The average 12-month price objective among analysts that have covered the stock in the last year is $26.00.

Several research firms recently weighed in on STFC. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $26.00 price target on shares of State Auto Financial Corporation in a report on Friday, August 18th. ValuEngine cut shares of State Auto Financial Corporation from a “hold” rating to a “sell” rating in a report on Friday, July 14th. Zacks Investment Research upgraded shares of State Auto Financial Corporation from a “sell” rating to a “hold” rating in a report on Friday, August 25th. Finally, BidaskClub cut shares of State Auto Financial Corporation from a “sell” rating to a “strong sell” rating in a report on Sunday, July 16th.

State Auto Financial Corporation (NASDAQ:STFC) last issued its earnings results on Thursday, November 2nd. The insurance provider reported ($0.54) EPS for the quarter, missing the consensus estimate of $0.24 by ($0.78). The firm had revenue of $358.40 million during the quarter, compared to analysts’ expectations of $342.70 million. State Auto Financial Corporation had a return on equity of 1.46% and a net margin of 3.33%. The firm’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.10 earnings per share.

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Hedge funds have recently made changes to their positions in the company. Great West Life Assurance Co. Can bought a new stake in shares of State Auto Financial Corporation during the 2nd quarter valued at $126,000. Voya Investment Management LLC boosted its holdings in shares of State Auto Financial Corporation by 21.9% during the 2nd quarter. Voya Investment Management LLC now owns 9,076 shares of the insurance provider’s stock valued at $234,000 after buying an additional 1,633 shares in the last quarter. Goldman Sachs Group Inc. bought a new stake in shares of State Auto Financial Corporation during the 2nd quarter valued at $237,000. American International Group Inc. boosted its holdings in shares of State Auto Financial Corporation by 7.1% during the 1st quarter. American International Group Inc. now owns 9,526 shares of the insurance provider’s stock valued at $261,000 after buying an additional 635 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its holdings in shares of State Auto Financial Corporation by 6.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 13,644 shares of the insurance provider’s stock valued at $351,000 after buying an additional 839 shares in the last quarter. Hedge funds and other institutional investors own 32.81% of the company’s stock.

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.

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