State of Tennessee Treasury Department cut its holdings in shares of Astoria Financial Corp (NYSE:AF) by 5.9% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 80,320 shares of the savings and loans company’s stock after selling 5,077 shares during the period. State of Tennessee Treasury Department owned approximately 0.08% of Astoria Financial Corp worth $1,727,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Crossmark Global Holdings Inc. acquired a new stake in shares of Astoria Financial Corp during the 3rd quarter valued at about $441,000. Nationwide Fund Advisors grew its position in shares of Astoria Financial Corp by 5.5% during the 3rd 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 period. Assenagon Asset Management S.A. acquired a new stake in shares of Astoria Financial Corp during the 3rd quarter valued at about $4,594,000. Lord Abbett & CO. LLC grew its position in shares of Astoria Financial Corp by 6.7% during the 2nd quarter. Lord Abbett & CO. LLC now owns 992,500 shares of the savings and loans company’s stock valued at $19,999,000 after acquiring an additional 62,300 shares during the period. Finally, Cookson Peirce & Co. Inc. acquired a new stake in shares of Astoria Financial Corp during the 2nd quarter valued at about $484,000. Hedge funds and other institutional investors own 83.63% of the company’s stock.

WARNING: “State of Tennessee Treasury Department Has $1.73 Million Stake in Astoria Financial Corp (AF)” was first published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this news story on another site, it was stolen and reposted in violation of international trademark & copyright law. The original version of this news story can be read at https://www.thecerbatgem.com/2017/11/21/state-of-tennessee-treasury-department-has-1-73-million-stake-in-astoria-financial-corp-af.html.

A number of research analysts recently weighed in on AF shares. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $25.50 price target on shares of Astoria Financial Corp in a research note on Sunday, September 3rd. BidaskClub lowered shares of Astoria Financial Corp from a “sell” rating to a “strong sell” rating in a research note on Thursday, July 27th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $20.25.

Astoria Financial Corp (AF) opened at $21.50 on Tuesday. Astoria Financial Corp has a 12 month low of $14.11 and a 12 month high of $21.90. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 1.19.

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.

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.