Astoria Financial Corp. (NYSE:AF) saw strong trading volume on Wednesday . 1,054,115 shares changed hands during trading, an increase of 75% from the previous session’s volume of 602,833 shares.The stock last traded at $15.30 and had previously closed at $15.37.

A number of analysts have commented on the company. TheStreet downgraded Astoria Financial Corp. from a “buy” rating to a “hold” rating in a research report on Tuesday, May 3rd. Keefe, Bruyette & Woods decreased their target price on Astoria Financial Corp. from $16.50 to $15.50 and set a “market perform” rating on the stock in a research report on Tuesday, August 9th. One analyst has rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of €15.38 ($17.28).

The company has a market cap of $1.54 billion and a price-to-earnings ratio of 23.61. The stock’s 50 day moving average is $14.83 and its 200 day moving average is $15.20.

Astoria Financial Corp. (NYSE:AF) last issued its earnings results on Wednesday, July 27th. The company reported $0.16 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.16. During the same period last year, the firm posted $0.27 earnings per share. Analysts anticipate that Astoria Financial Corp. will post $0.61 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, August 19th. Stockholders of record on Monday, August 8th were given a $0.04 dividend. The ex-dividend date was Thursday, August 4th. This represents a $0.16 annualized dividend and a dividend yield of 1.05%.

In other news, insider Brian T. Edwards sold 8,204 shares of the firm’s stock in a transaction on Wednesday, August 10th. The stock was sold at an average price of €14.60 ($16.40), for a total value of €119,778.40 ($134,582.47). Following the completion of the sale, the insider now owns 55,062 shares of the company’s stock, valued at €803,905.20 ($903,264.27). The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

A hedge fund recently raised its stake in Astoria Financial Corp. stock. Morgan Stanley boosted its position in shares of Astoria Financial Corp. (NYSE:AF) by 26.1% during the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 872,431 shares of the company’s stock after buying an additional 180,725 shares during the period. Morgan Stanley owned 0.87% of Astoria Financial Corp. worth $13,827,000 as of its most recent SEC filing.

Astoria Financial Corporation is the unitary savings and loan holding company of Astoria Bank and its subsidiaries. The Company’s principal business is the operation of its subsidiary, Astoria Bank, which is a local, community-oriented 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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