Astoria Financial Corp. (NYSE:AF) shares traded down 3.5% during trading on Wednesday . The company traded as low as $14.39 and last traded at $14.40, with a volume of 432,191 shares. The stock had previously closed at $14.92.

A number of research analysts have commented on the stock. Zacks Investment Research cut shares of Astoria Financial Corp. from a “hold” rating to a “sell” rating in a research note on Monday, April 11th. TheStreet upgraded shares of Astoria Financial Corp. from a “hold” rating to a “buy” rating in a research note on Monday, June 6th. One analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of €15.78 ($17.53).

The company has a market capitalization of $1.45 billion and a price-to-earnings ratio of 18.59. The firm’s 50 day moving average price is $15.13 and its 200 day moving average price is $15.21.

Astoria Financial Corp. (NYSE:AF) last announced its quarterly earnings results on Wednesday, July 27th. The company reported $0.16 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.16. During the same quarter last year, the business posted $0.27 earnings per share. On average, equities research analysts expect that Astoria Financial Corp. will post $0.61 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 19th. Shareholders of record on Monday, August 8th will be given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.10%.

Other hedge funds and institutional investors have made changes to their positions in the company. Comerica Bank raised its position in shares of Astoria Financial Corp. by 0.3% in the fourth quarter. Comerica Bank now owns 92,255 shares of the company’s stock worth $1,369,000 after buying an additional 302 shares during the last quarter. Pear Tree Advisors Inc. acquired a new position in shares of Astoria Financial Corp. during the fourth quarter worth about $1,904,000. Gabelli Funds LLC acquired a new position in shares of Astoria Financial Corp. during the fourth quarter worth about $1,585,000. Principal Financial Group Inc. raised its position in shares of Astoria Financial Corp. by 5.8% in the fourth quarter. Principal Financial Group Inc. now owns 616,819 shares of the company’s stock worth $9,777,000 after buying an additional 33,907 shares during the last quarter. Finally, California Public Employees Retirement System raised its position in shares of Astoria Financial Corp. by 6.7% in the fourth quarter. California Public Employees Retirement System now owns 247,774 shares of the company’s stock worth $3,927,000 after buying an additional 15,500 shares during the last quarter.

Astoria Financial Corporation is the unitary savings and loan holding company of Astoria Bank and its subsidiaries. The Company’s principal business includes the operation of its wholly owned subsidiary, Astoria Bank. Astoria Bank’s business is attracting retail deposits from the general public and businesses and investing those deposits, together with funds generated from operations, principal repayments on loans and securities and borrowings, in multi-family and commercial real estate mortgage loans, one-to-four family, or residential, mortgage loans, and mortgage-backed securities.

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