State Auto Financial (NASDAQ:STFC) was upgraded by research analysts at TheStreet from a “c+” rating to a “b” rating in a report released on Friday, TheStreetRatingsTable reports.
Other research analysts have also recently issued reports about the company. Zacks Investment Research cut State Auto Financial from a “hold” rating to a “strong sell” rating in a research note on Friday, November 8th. ValuEngine raised State Auto Financial from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. Finally, BidaskClub upgraded State Auto Financial from a “sell” rating to a “hold” rating in a report on Saturday.
Shares of NASDAQ STFC opened at $31.97 on Friday. State Auto Financial has a twelve month low of $28.10 and a twelve month high of $36.45. The stock has a market cap of $1.43 billion, a price-to-earnings ratio of 26.64 and a beta of 0.33. The company has a quick ratio of 0.05, a current ratio of 0.05 and a debt-to-equity ratio of 0.13. The company’s fifty day moving average is $32.72 and its 200-day moving average is $33.44.
Hedge funds have recently made changes to their positions in the business. Quantamental Technologies LLC bought a new position in State Auto Financial in the second quarter valued at approximately $25,000. Bank of Montreal Can bought a new stake in shares of State Auto Financial during the second quarter worth $51,000. KBC Group NV bought a new stake in shares of State Auto Financial during the second quarter worth $83,000. Aperio Group LLC acquired a new stake in shares of State Auto Financial during the second quarter worth $119,000. Finally, Acadian Asset Management LLC acquired a new stake in shares of State Auto Financial during the second quarter worth $120,000. Hedge funds and other institutional investors own 33.53% of the company’s stock.
About State Auto Financial
State Auto Financial Corporation, through its subsidiaries, engages in writing personal and business insurance products. It operates through four segments: Personal Insurance, Commercial Insurance, Specialty Insurance, and Investment Operations. The Personal Insurance segment primarily provides personal automobile, homeowners insurance, and other personal insurance products.
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