$0.14 EPS Expected for Astoria Financial Corp (AF)

July 19, 2017 - By Stephen Andrade

 $0.14 EPS Expected for Astoria Financial Corp (AF)
Investors sentiment increased to 1.7 in 2016 Q4. Its up 0.38, from 1.32 in 2016Q3. It is positive, as 17 investors sold Astoria Financial Corp shares while 36 reduced holdings. 39 funds opened positions while 51 raised stakes. 77.83 million shares or 12.05% more from 69.46 million shares in 2016Q3 were reported.
Prudential Public Ltd Liability reported 0.1% of its portfolio in Astoria Financial Corp (NYSE:AF). Gabelli Funds Lc holds 0.07% in Astoria Financial Corp (NYSE:AF) or 615,000 shares. Comml Bank Of New York Mellon Corporation has invested 0.01% in Astoria Financial Corp (NYSE:AF). State Board Of Administration Of Florida Retirement has invested 0% in Astoria Financial Corp (NYSE:AF). Lord Abbett & Llc invested 0.04% of its portfolio in Astoria Financial Corp (NYSE:AF). Teachers Retirement Systems Of The State Of Kentucky accumulated 0.01% or 30,500 shares. United Services Automobile Association holds 0% in Astoria Financial Corp (NYSE:AF) or 35,200 shares. New York State Teachers Retirement Sys, a New York-based fund reported 172,916 shares. Moreover, Kahn Brothers De has 0% invested in Astoria Financial Corp (NYSE:AF). Clover Prtn L P holds 5.52% or 550,000 shares in its portfolio. Hightower Advsr Ltd Co invested in 10,924 shares or 0% of the stock. Evercore Wealth Management Lc owns 2,500 shares. Ejf Capital Ltd Co owns 1.27 million shares. 311,154 were reported by Morgan Stanley. Tower Research Ltd Com (Trc) accumulated 8,154 shares.

Since January 30, 2017, it had 0 insider purchases, and 5 selling transactions for $3.27 million activity. KEEGAN GERARD C also sold $1.34 million worth of Astoria Financial Corp (NYSE:AF) on Monday, January 30. The insider Nazemetz Patricia M sold 3,000 shares worth $55,747. On Monday, January 30 the insider Sipola Stephen J sold $887,281. Donlon Hugh J had sold 37,781 shares worth $706,100 on Monday, January 30. Shares for $281,623 were sold by DeStefano Robert J on Tuesday, February 7.

Analysts expect Astoria Financial Corp (NYSE:AF) to report $0.14 EPS on July, 26 after the close.They anticipate $0.02 EPS change or 12.50 % from last quarter’s $0.16 EPS. AF’s profit would be $14.07 million giving it 35.36 P/E if the $0.14 EPS is correct. After having $0.12 EPS previously, Astoria Financial Corp’s analysts see 16.67 % EPS growth. The stock decreased 0.15% or $0.03 during the last trading session, reaching $19.8. About 281,790 shares traded. Astoria Financial Corp (NYSE:AF) has risen 22.95% since July 20, 2016 and is uptrending. It has outperformed by 6.25% the S&P500.

Astoria Financial Corp (NYSE:AF) Ratings Coverage

Among 8 analysts covering Astoria Financial (NYSE:AF), 3 have Buy rating, 1 Sell and 4 Hold. Therefore 38% are positive. Astoria Financial had 20 analyst reports since August 6, 2015 according to SRatingsIntel. FBR Capital downgraded Astoria Financial Corp (NYSE:AF) on Friday, October 30 to “Underperform” rating. The stock of Astoria Financial Corp (NYSE:AF) earned “Neutral” rating by Piper Jaffray on Wednesday, March 8. On Friday, October 2 the stock rating was downgraded by Sandler O’Neill to “Hold”. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Thursday, June 1. The firm earned “Market Perform” rating on Friday, October 30 by Keefe Bruyette & Woods. As per Wednesday, December 21, the company rating was upgraded by PiperJaffray. The rating was upgraded by Sandler O’Neill to “Buy” on Monday, November 2. As per Tuesday, August 9, the company rating was maintained by Wood. The company was downgraded on Wednesday, December 21 by FBR Capital. The stock of Astoria Financial Corp (NYSE:AF) earned “Neutral” rating by Piper Jaffray on Thursday, July 23.

Astoria Financial Corporation is a unitary savings and loan holding company. The company has market cap of $1.99 billion. The Company’s principal business is the operation of its subsidiary, Astoria Bank. It has a 34.24 P/E ratio. Astoria Bank’s primary business is attracting retail deposits from the general public and businesses and investing those deposits, together with funds generated from operations, principal repayments on loans and securities and borrowings, primarily in multi-family and commercial real estate mortgage loans, one- to four-family, or residential, mortgage loans and mortgage-backed securities.

More notable recent Astoria Financial Corp (NYSE:AF) news were published by: Newsday.com which released: “New York Community Bancorp, Astoria Financial terminate deal” on December 20, 2016, also Globenewswire.com with their article: “Sterling Bancorp and Astoria Financial Corporation Shareholders Approve …” published on June 13, 2017, Prnewswire.com published: “Astoria Bank Marks Third Year as Lead Sponsor of July 4th Fireworks at Jones Beach” on June 07, 2017. More interesting news about Astoria Financial Corp (NYSE:AF) were released by: Newsday.com and their article: “Astoria Financial agrees to be bought by Sterling Bancorp for $2.2B” published on March 07, 2017 as well as Finance.Yahoo.com‘s news article titled: “Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed …” with publication date: May 04, 2017.

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