Dimensional Fund Advisors LP Has $65.42 Million Stake in State Auto Financial Corporation (STFC)

Dimensional Fund Advisors LP lifted its holdings in shares of State Auto Financial Corporation (NASDAQ:STFC) by 1.1% in the second quarter, according to its most recent filing with the SEC. The firm owned 2,542,424 shares of the insurance provider’s stock after acquiring an additional 28,779 shares during the period. Dimensional Fund Advisors LP owned approximately 6.05% of State Auto Financial Corporation worth $65,418,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of State Auto Financial Corporation by 5.8% during the 2nd quarter. Vanguard Group Inc. now owns 1,252,287 shares of the insurance provider’s stock worth $32,222,000 after acquiring an additional 68,665 shares during the period. Alliancebernstein L.P. lifted its holdings in shares of State Auto Financial Corporation by 21.9% during the 2nd quarter. Alliancebernstein L.P. now owns 529,239 shares of the insurance provider’s stock worth $13,617,000 after acquiring an additional 95,076 shares during the period. Deprince Race & Zollo Inc. lifted its holdings in shares of State Auto Financial Corporation by 38.1% during the 2nd quarter. Deprince Race & Zollo Inc. now owns 373,787 shares of the insurance provider’s stock worth $9,618,000 after acquiring an additional 103,164 shares during the period. Thrivent Financial For Lutherans lifted its holdings in shares of State Auto Financial Corporation by 149.8% during the 1st quarter. Thrivent Financial For Lutherans now owns 326,990 shares of the insurance provider’s stock worth $8,976,000 after acquiring an additional 196,110 shares during the period. Finally, Wellington Management Group LLP bought a new position in shares of State Auto Financial Corporation during the 1st quarter worth about $8,245,000. 32.84% of the stock is owned by institutional investors.

COPYRIGHT VIOLATION WARNING: “Dimensional Fund Advisors LP Has $65.42 Million Stake in State Auto Financial Corporation (STFC)” was originally published by Ticker Report and is the property of of Ticker Report. If you are reading this news story on another publication, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this news story can be accessed at https://www.tickerreport.com/banking-finance/2957098/dimensional-fund-advisors-lp-has-65-42-million-stake-in-state-auto-financial-corporation-stfc.html.

STFC has been the subject of several analyst reports. Zacks Investment Research raised shares of State Auto Financial Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, September 6th. BidaskClub downgraded shares of State Auto Financial Corporation from a “sell” rating to a “strong sell” rating in a report on Sunday, July 16th. Keefe, Bruyette & Woods reissued a “hold” rating and set a $26.00 price target on shares of State Auto Financial Corporation in a report on Friday, August 18th. Finally, ValuEngine raised shares of State Auto Financial Corporation from a “sell” rating to a “hold” rating in a report on Friday, August 11th. One equities research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $26.00.

State Auto Financial Corporation (NASDAQ STFC) opened at 25.91 on Friday. The company’s 50-day moving average is $25.02 and its 200 day moving average is $25.43. The company has a market capitalization of $1.09 billion, a P/E ratio of 23.36 and a beta of 0.86. State Auto Financial Corporation has a one year low of $19.54 and a one year high of $27.97.

State Auto Financial Corporation (NASDAQ:STFC) last posted its earnings results on Tuesday, August 8th. The insurance provider reported ($0.04) EPS for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.12. The firm had revenue of $339.90 million during the quarter, compared to analysts’ expectations of $341.30 million. State Auto Financial Corporation had a net margin of 3.33% and a return on equity of 1.46%. The business’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.69) earnings per share. Analysts predict that State Auto Financial Corporation will post ($0.29) EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Wednesday, September 13th were issued a $0.10 dividend. The ex-dividend date was Tuesday, September 12th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.54%. State Auto Financial Corporation’s dividend payout ratio (DPR) is currently 35.71%.

State Auto Financial Corporation Profile

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.

Institutional Ownership by Quarter for State Auto Financial Corporation (NASDAQ:STFC)

Receive News & Ratings for State Auto Financial Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for State Auto Financial Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.