Connable Office Inc. bought a new stake in Astoria Financial Corp (NYSE:AF) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 9,392 shares of the savings and loans company’s stock, valued at approximately $202,000.

Several other large investors have also recently bought and sold shares of the company. Crossmark Global Holdings Inc. bought a new position in Astoria Financial Corp in the 3rd quarter worth approximately $441,000. Nationwide Fund Advisors raised its stake in shares of Astoria Financial Corp by 5.5% during the third quarter. Nationwide Fund Advisors now owns 79,873 shares of the savings and loans company’s stock valued at $1,717,000 after acquiring an additional 4,193 shares during the last quarter. Assenagon Asset Management S.A. acquired a new stake in shares of Astoria Financial Corp during the third quarter worth $4,594,000. Lord Abbett & CO. LLC grew its holdings in Astoria Financial Corp by 6.7% in the second quarter. Lord Abbett & CO. LLC now owns 992,500 shares of the savings and loans company’s stock worth $19,999,000 after purchasing an additional 62,300 shares during the period. Finally, Cookson Peirce & Co. Inc. bought a new position in shares of Astoria Financial Corp during the second quarter valued at about $484,000. Institutional investors own 83.63% of the company’s stock.

Astoria Financial Corp (NYSE AF) remained flat at $$21.50 during mid-day trading on Friday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.96 and a current ratio of 0.96. Astoria Financial Corp has a 1-year low of $14.11 and a 1-year high of $21.90.

COPYRIGHT VIOLATION NOTICE: This story was first posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this story on another site, it was illegally stolen and reposted in violation of U.S. & international copyright & trademark law. The legal version of this story can be viewed at https://www.thecerbatgem.com/2017/11/10/connable-office-inc-takes-202000-position-in-astoria-financial-corp-af.html.

Several equities analysts recently commented on AF shares. BidaskClub raised shares of Astoria Financial Corp from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 2nd. Keefe, Bruyette & Woods restated a “buy” rating and issued a $25.50 price objective on shares of Astoria Financial Corp in a report on Sunday, September 3rd. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company’s stock. Astoria Financial Corp presently has an average rating of “Hold” and an average target price of $20.25.

In other Astoria Financial Corp news, insider Monte N. Redman sold 47,434 shares of the stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $19.82, for a total value of $940,141.88. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, VP Josie Callari sold 22,250 shares of Astoria Financial Corp stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $19.50, for a total value of $433,875.00. The disclosure for this sale can be found here. 9.76% of the stock is currently owned by insiders.

Astoria Financial Corp Profile

Astoria Financial Corporation is a unitary savings and loan holding company. The Company’s principal business is the operation of its subsidiary, Astoria Bank. 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.

Want to see what other hedge funds are holding AF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Astoria Financial Corp (NYSE:AF).

Institutional Ownership by Quarter for Astoria Financial Corp (NYSE:AF)

Receive News & Stock Ratings for Astoria Financial Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Astoria Financial Corp and related stocks with our FREE daily email newsletter.