Key Points
- President Kristen Sieffert sold 750 shares on Dec. 1 at an average price of $23.50 for $17,625, reducing her stake by 0.92% to 81,049 shares (≈$1.90M).
- FOA shares traded at $22.99 mid-day with a 12‑month range of $16.58–$32.40; the stock has a market capitalization of ≈$181.4 million and a negative P/E of -8.70.
- Analyst coverage is mixed (one Buy, one Hold, one Sell) with a consensus "Hold" and $29.75 price target, and institutional investors own about 97.2% of the shares.
Finance of America Companies Inc. (NYSE:FOA - Get Free Report) President Kristen Sieffert sold 750 shares of the business's stock in a transaction on Monday, December 1st. The shares were sold at an average price of $23.50, for a total transaction of $17,625.00. Following the sale, the president owned 81,049 shares of the company's stock, valued at approximately $1,904,651.50. This represents a 0.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Finance of America Companies Stock Performance
Finance of America Companies stock traded down $0.16 during mid-day trading on Thursday, reaching $22.99. 919 shares of the stock traded hands, compared to its average volume of 116,271. Finance of America Companies Inc. has a 12-month low of $16.58 and a 12-month high of $32.40. The business's 50-day moving average is $22.65 and its 200-day moving average is $23.56. The company has a debt-to-equity ratio of 51.28, a current ratio of 2.64 and a quick ratio of 2.64. The stock has a market capitalization of $181.37 million, a PE ratio of -8.70 and a beta of 1.62.
Finance of America Companies (NYSE:FOA - Get Free Report) last released its quarterly earnings results on Friday, August 18th. The company reported $0.12 earnings per share (EPS) for the quarter. As a group, sell-side analysts predict that Finance of America Companies Inc. will post 0.75 EPS for the current fiscal year.
Institutional Investors Weigh In On Finance of America Companies
A number of institutional investors and hedge funds have recently bought and sold shares of FOA. Police & Firemen s Retirement System of New Jersey purchased a new position in shares of Finance of America Companies in the second quarter valued at about $29,000. Caitong International Asset Management Co. Ltd raised its stake in Finance of America Companies by 183.9% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,269 shares of the company's stock valued at $28,000 after purchasing an additional 822 shares during the period. Russell Investments Group Ltd. bought a new stake in Finance of America Companies during the 3rd quarter valued at approximately $29,000. JPMorgan Chase & Co. lifted its holdings in Finance of America Companies by 4,270.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,098 shares of the company's stock worth $49,000 after purchasing an additional 2,050 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in Finance of America Companies by 3,503.1% in the 4th quarter. Bank of America Corp DE now owns 2,306 shares of the company's stock worth $65,000 after purchasing an additional 2,242 shares during the period. 97.20% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several research firms have weighed in on FOA. Weiss Ratings reiterated a "sell (d)" rating on shares of Finance of America Companies in a research report on Tuesday. UBS Group set a $29.50 target price on Finance of America Companies and gave the company a "neutral" rating in a research report on Wednesday, November 26th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $29.75.
View Our Latest Stock Report on Finance of America Companies
Finance of America Companies Company Profile
(
Get Free Report)
Finance of America Companies Inc a financial service holding company, through its subsidiaries, engages in the operation of a retirement solutions platform in the United States. It operates through two segments: Retirement Solutions and Portfolio Management. The Retirement Solutions segment engages in the loan origination activities comprising home equity conversion, proprietary reverse, and hybrid mortgage loans for senior homeowners.
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