Astoria Financial Corp (NYSE:AF).
Clearbridge Investments, LLC decreased its position in Astoria Financial Corp shares by 0.4% as reported in a filing on 11/16/2017. Its stake was valued at $91,419,000 an increase of $5,384,000 as of quarter end.
The following firms have recently changed their position in AF. Millennium Management LLC augmented its holdings by buying 2,513,023 shares an increase of 2,434.0% as of 09/30/2017. Millennium Management LLC now holds 2,616,270 shares with a value of $56,250,000. The total value of its holdings increased 2,604.3%. As of quarter end Magnetar Financial LLC had bought 42,700 shares growing its position 1.3%. The value of the investment in Astoria Financial Corp increased from $64,054,000 to $69,264,000 increasing 8.1% quarter over quarter.
Water Island Capital LLC expanded its investment by buying 1,242,179 shares an increase of 52.5%. Water Island Capital LLC controls 3,608,146 shares valued at $77,575,000. The value of the position overall is up by 62.7%.
On September 3 Keefe, Bruyette & Woods made no change to the company rating of “Buy” with a current price target of $25.50.
The company is trading unchanged from yesterday’s close of 21.50. Astoria Financial Corp currently has a P/E ratio of 37.43 and market capitalization is 2.19B. In the last earnings report the EPS was $0.57 with 101.72M shares outstanding.
Investors are feeling more bullish on shares of the company of late if you pay attention to the decrease in short interest. The company realized a fall in short interest of -7.66% as of the latest report on September 29, 2017. Short interest fell 275,355 over that timeframe. With short interest at 3,318,084 and short average daily volume at 2,410,413, days to cover is 1.0 and the percentage of shorted shares was 0.03% on September 29.