Astoria Financial Corp (NYSE:AF) insider Monte N. Redman sold 65,558 shares of Astoria Financial Corp stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $20.07, for a total transaction of $1,315,749.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Shares of Astoria Financial Corp (NYSE:AF) remained flat at $19.71 on Tuesday. 713,374 shares of the company were exchanged. The company has a 50 day moving average price of $20.04 and a 200 day moving average price of $19.72. The stock has a market cap of $1.98 billion, a PE ratio of 34.34 and a beta of 0.56. Astoria Financial Corp has a 52 week low of $14.11 and a 52 week high of $21.66.

Astoria Financial Corp (NYSE:AF) last announced its earnings results on Wednesday, July 26th. The savings and loans company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.13 by $0.03. The firm had revenue of $90.38 million for the quarter, compared to the consensus estimate of $91.76 million. Astoria Financial Corp had a net margin of 19.90% and a return on equity of 3.91%. The business’s quarterly revenue was down 4.9% on a year-over-year basis. During the same period last year, the company posted $0.16 EPS. On average, equities research analysts forecast that Astoria Financial Corp will post $0.54 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, August 21st. Shareholders of record on Monday, August 7th will be issued a dividend of $0.04 per share. The ex-dividend date of this dividend is Thursday, August 3rd. This represents a $0.16 annualized dividend and a yield of 0.81%. Astoria Financial Corp’s dividend payout ratio (DPR) is currently 27.59%.

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Several research firms have recently weighed in on AF. Jefferies Group LLC reissued a “hold” rating and issued a $17.00 target price on shares of Astoria Financial Corp in a research report on Friday, June 16th. BidaskClub raised shares of Astoria Financial Corp from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 2nd. Finally, Keefe, Bruyette & Woods raised shares of Astoria Financial Corp from a “market perform” rating to an “outperform” rating and set a $25.50 target price on the stock in a research report on Thursday, April 27th. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $20.25.

Hedge funds have recently made changes to their positions in the company. Louisiana State Employees Retirement System increased its stake in shares of Astoria Financial Corp by 0.5% in the second quarter. Louisiana State Employees Retirement System now owns 37,300 shares of the savings and loans company’s stock valued at $752,000 after buying an additional 200 shares during the period. Arizona State Retirement System increased its stake in shares of Astoria Financial Corp by 0.4% in the second quarter. Arizona State Retirement System now owns 47,708 shares of the savings and loans company’s stock valued at $961,000 after buying an additional 200 shares during the period. US Bancorp DE increased its stake in shares of Astoria Financial Corp by 2.3% in the first quarter. US Bancorp DE now owns 9,703 shares of the savings and loans company’s stock valued at $199,000 after buying an additional 222 shares during the period. State of Alaska Department of Revenue increased its stake in shares of Astoria Financial Corp by 2.3% in the first quarter. State of Alaska Department of Revenue now owns 10,100 shares of the savings and loans company’s stock valued at $207,000 after buying an additional 230 shares during the period. Finally, Municipal Employees Retirement System of Michigan increased its stake in shares of Astoria Financial Corp by 4.2% in the second quarter. Municipal Employees Retirement System of Michigan now owns 21,640 shares of the savings and loans company’s stock valued at $436,000 after buying an additional 880 shares during the period. Hedge funds and other institutional investors own 86.63% of the company’s stock.

Astoria Financial Corp Company Profile

Astoria Financial Corporation is a unitary savings and loan holding company. The Company’s principal business is the operation of its subsidiary, Astoria Bank. Astoria Bank’s primary 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, primarily in multi-family and commercial real estate mortgage loans, one- to four-family, or residential, mortgage loans and mortgage-backed securities.

Insider Buying and Selling by Quarter for Astoria Financial Corp (NYSE:AF)

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