Steven Eugene English Sells 3,633 Shares of State Auto Financial Corp (STFC) Stock

State Auto Financial Corp (NASDAQ:STFC) insider Steven Eugene English sold 3,633 shares of the company’s stock in a transaction dated Wednesday, November 7th. The stock was sold at an average price of $34.00, for a total transaction of $123,522.00. Following the sale, the insider now directly owns 39,148 shares in the company, valued at $1,331,032. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Steven Eugene English also recently made the following trade(s):

  • On Thursday, November 1st, Steven Eugene English sold 3,633 shares of State Auto Financial stock. The stock was sold at an average price of $33.00, for a total transaction of $119,889.00.

Shares of State Auto Financial stock opened at $33.00 on Friday. The company has a current ratio of 0.05, a quick ratio of 0.05 and a debt-to-equity ratio of 0.14. The stock has a market cap of $1.45 billion, a price-to-earnings ratio of 36.17 and a beta of 0.63. State Auto Financial Corp has a 1-year low of $25.12 and a 1-year high of $34.31.

State Auto Financial (NASDAQ:STFC) last issued its quarterly earnings data on Thursday, November 1st. The insurance provider reported $0.44 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.27 by $0.17. The firm had revenue of $346.00 million for the quarter, compared to analysts’ expectations of $325.60 million. State Auto Financial had a net margin of 2.29% and a return on equity of 4.62%. During the same period in the prior year, the firm earned ($0.54) earnings per share. The company’s quarterly revenue was down 3.5% compared to the same quarter last year. As a group, equities analysts anticipate that State Auto Financial Corp will post 1.15 EPS for the current year.

Several hedge funds have recently made changes to their positions in STFC. Victory Capital Management Inc. lifted its position in shares of State Auto Financial by 36.9% during the second quarter. Victory Capital Management Inc. now owns 1,094,529 shares of the insurance provider’s stock worth $32,737,000 after purchasing an additional 294,814 shares in the last quarter. BlackRock Inc. lifted its position in shares of State Auto Financial by 6.8% during the second quarter. BlackRock Inc. now owns 1,111,049 shares of the insurance provider’s stock worth $33,232,000 after purchasing an additional 70,667 shares in the last quarter. Russell Investments Group Ltd. lifted its position in shares of State Auto Financial by 53.1% during the second quarter. Russell Investments Group Ltd. now owns 163,319 shares of the insurance provider’s stock worth $4,893,000 after purchasing an additional 56,662 shares in the last quarter. Deprince Race & Zollo Inc. lifted its position in shares of State Auto Financial by 11.4% during the third quarter. Deprince Race & Zollo Inc. now owns 490,654 shares of the insurance provider’s stock worth $14,985,000 after purchasing an additional 50,057 shares in the last quarter. Finally, California Public Employees Retirement System lifted its position in shares of State Auto Financial by 192.2% during the second quarter. California Public Employees Retirement System now owns 22,788 shares of the insurance provider’s stock worth $682,000 after purchasing an additional 14,988 shares in the last quarter. Institutional investors own 35.32% of the company’s stock.

STFC has been the topic of several research analyst reports. BidaskClub raised shares of State Auto Financial from a “hold” rating to a “buy” rating in a research note on Wednesday, August 15th. Zacks Investment Research raised shares of State Auto Financial from a “strong sell” rating to a “hold” rating in a research note on Thursday, September 13th. Finally, Keefe, Bruyette & Woods set a $30.00 price objective on shares of State Auto Financial and gave the stock a “hold” rating in a research note on Monday, August 6th.

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About State Auto Financial

State Auto Financial Corporation, through its subsidiaries, engages in writing personal, business, and specialty 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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Insider Buying and Selling by Quarter for State Auto Financial (NASDAQ:STFC)

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