State Auto Financial Corporation (NASDAQ:STFC) issued its quarterly earnings results on Tuesday. The insurance provider reported ($0.04) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.16) by $0.12, Bloomberg Earnings reports. The firm had revenue of $355.70 million during the quarter. State Auto Financial Corporation had a net margin of 0.99% and a negative return on equity of 1.55%. The firm’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.69) EPS.

State Auto Financial Corporation (STFC) traded up 1.22% during mid-day trading on Tuesday, hitting $24.99. 9,404 shares of the stock traded hands. The stock has a 50-day moving average of $25.35 and a 200 day moving average of $25.91. State Auto Financial Corporation has a 1-year low of $19.54 and a 1-year high of $27.97. The firm has a market cap of $1.05 billion, a price-to-earnings ratio of 75.73 and a beta of 0.90.

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Several analysts have recently commented on STFC shares. Zacks Investment Research cut shares of State Auto Financial Corporation from a “hold” rating to a “strong sell” rating in a research note on Tuesday, April 25th. TheStreet cut shares of State Auto Financial Corporation from a “b” rating to a “c+” rating in a research note on Monday, May 22nd. ValuEngine upgraded shares of State Auto Financial Corporation from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, BidaskClub upgraded shares of State Auto Financial Corporation from a “strong sell” rating to a “sell” rating in a research note on Friday, June 30th. Two research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. The company currently has an average rating of “Hold”.

In other State Auto Financial Corporation news, insider Jessica Elizabeth Clark sold 37,270 shares of the business’s stock in a transaction dated Thursday, May 25th. The stock was sold at an average price of $24.51, for a total transaction of $913,487.70. Following the sale, the insider now owns 20,922 shares in the company, valued at approximately $512,798.22. The transaction was disclosed in a filing with the SEC, which is available through this link. In the last 90 days, insiders have sold 65,569 shares of company stock worth $1,606,555. Corporate insiders own 1.54% of the company’s stock.

Several institutional investors have recently modified their holdings of the stock. Great West Life Assurance Co. Can acquired a new position in shares of State Auto Financial Corporation during the second quarter worth $126,000. American International Group Inc. increased its position in shares of State Auto Financial Corporation by 7.1% in the first quarter. American International Group Inc. now owns 9,526 shares of the insurance provider’s stock worth $261,000 after buying an additional 635 shares in the last quarter. First Trust Advisors LP acquired a new position in shares of State Auto Financial Corporation during the second quarter worth $389,000. Highbridge Capital Management LLC acquired a new position in shares of State Auto Financial Corporation during the fourth quarter worth $390,000. Finally, Nationwide Fund Advisors increased its position in shares of State Auto Financial Corporation by 3.1% in the first quarter. Nationwide Fund Advisors now owns 14,509 shares of the insurance provider’s stock worth $398,000 after buying an additional 435 shares in the last quarter. Institutional investors own 32.46% of the company’s stock.

About State Auto Financial Corporation

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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