State Auto Financial (NASDAQ:STFC) Raised to B at TheStreet
TheStreet upgraded shares of State Auto Financial (NASDAQ:STFC) from a c+ rating to a b rating in a research report released on Friday morning, TheStreetRatingsTable reports.
STFC has been the topic of several other reports. ValuEngine upgraded shares of State Auto Financial from a hold rating to a buy rating in a report on Friday, November 1st. Zacks Investment Research cut shares of State Auto Financial from a hold rating to a strong sell rating in a research note on Friday, November 8th. Finally, BidaskClub raised shares of State Auto Financial from a sell rating to a hold rating in a report on Saturday.
STFC stock opened at $31.97 on Friday. The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $1.43 billion, a PE ratio of 26.64 and a beta of 0.33. State Auto Financial has a 1-year low of $28.10 and a 1-year high of $36.45. The business’s 50 day simple moving average is $32.72 and its 200 day simple moving average is $33.44.
A number of hedge funds have recently modified their holdings of STFC. Quantamental Technologies LLC acquired a new position in shares of State Auto Financial in the second quarter valued at approximately $25,000. Bank of Montreal Can acquired a new stake in shares of State Auto Financial during the second quarter worth $51,000. KBC Group NV bought a new stake in shares of State Auto Financial in the second quarter valued at about $83,000. Aperio Group LLC bought a new stake in shares of State Auto Financial in the second quarter valued at about $119,000. Finally, Acadian Asset Management LLC bought a new stake in shares of State Auto Financial in the second quarter valued at about $120,000. Hedge funds and other institutional investors own 33.53% of the company’s stock.
About State Auto Financial
State Auto Financial Corporation, through its subsidiaries, engages in writing personal and business insurance products. It operates through four segments: Personal Insurance, Commercial Insurance, Specialty Insurance, and Investment Operations. The Personal Insurance segment primarily provides personal automobile, homeowners insurance, and other personal insurance products.
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