State Auto Financial Corp (NASDAQ:STFC) institutional sentiment increased to 1.52 in 2016 Q2. Its up 0.45, from 1.07 in 2016Q1. The ratio is better, as 35 hedge funds increased or opened new stock positions, while 23 sold and reduced their stakes in State Auto Financial Corp. The hedge funds in our partners database now own: 12.62 million shares, up from 12.31 million shares in 2016Q1. Also, the number of hedge funds holding State Auto Financial Corp in their top 10 stock positions increased from 0 to 1 for an increase of 1. Sold All: 6 Reduced: 17 Increased: 26 New Position: 9.
State Auto Financial Corporation is a property and casualty insurance holding company. The company has a market cap of $956.07 million. The Firm is engaged in writing personal, business and specialty insurance. It has a 488.3 P/E ratio. The Companys divisions include personal insurance, business insurance, specialty insurance and investment operations.
The stock decreased 0.17% or $0.04 during the last trading session, hitting $22.96. About 33,846 shares traded hands or 24.19% up from the average. State Auto Financial Corp (NASDAQ:STFC) has risen 12.63% since January 27, 2016 and is uptrending. It has underperformed by 2.94% the S&P500.
Analysts await State Auto Financial Corp (NASDAQ:STFC) to report earnings on November, 1. They expect $0.32 earnings per share, down 3.03% or $0.01 from last years $0.33 per share. STFCs profit will be $13.33 million for 17.94 P/E if the $0.32 EPS becomes a reality. After $-0.69 actual earnings per share reported by State Auto Financial Corp for the previous quarter, Wall Street now forecasts -146.38% EPS growth.
According to Zacks Investment Research, State Auto Financial Corporation is an insurance holding company, which engages, through its subsidiaries, primarily in the property and casualty insurance business. The companys principal subsidiary is State Auto Property and Casualty Insurance Company. State Auto P&C is a regional insurer engaged primarily in writing personal and commercial automobile, homeowners, commercial multi-peril, workers compensation and fire insurance.
Force Capital Management Llc holds 2.36% of its portfolio in State Auto Financial Corp for 120,259 shares. Capital Returns Management Llc owns 129,658 shares or 1.59% of their US portfolio. Moreover, Minerva Advisors Llc has 0.56% invested in the company for 37,552 shares. The Wisconsin-based Heartland Advisors Inc has invested 0.37% in the stock. Earnest Partners Llc, a Georgia-based fund reported 871,431 shares.
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