Key Points
- Kristen Sieffert, President of Finance of America Companies, sold 750 shares on January 2 at an average price of $24.18 for $18,135, leaving her with 80,299 shares (a 0.93% reduction in ownership), per an SEC filing.
- FOA shares trade near $22.56 (50/200‑day MAs $23.03/$23.80) with a market cap of about $178M and a negative P/E (-8.48); analysts have an average Hold rating and an average price target of $29.75.
Finance of America Companies Inc. (NYSE:FOA - Get Free Report) President Kristen Sieffert sold 750 shares of the business's stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $24.18, for a total value of $18,135.00. Following the transaction, the president owned 80,299 shares in the company, valued at approximately $1,941,629.82. This represents a 0.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Finance of America Companies Price Performance
FOA stock opened at $22.56 on Wednesday. The business has a fifty day moving average of $23.03 and a two-hundred day moving average of $23.80. The company has a quick ratio of 2.64, a current ratio of 2.64 and a debt-to-equity ratio of 51.28. The stock has a market cap of $177.98 million, a price-to-earnings ratio of -8.48 and a beta of 1.62. Finance of America Companies Inc. has a 52-week low of $16.58 and a 52-week high of $32.40.
Finance of America Companies (NYSE:FOA - Get Free Report) last posted its earnings results on Friday, August 18th. The company reported $0.12 EPS for the quarter. As a group, research analysts anticipate that Finance of America Companies Inc. will post 0.75 earnings per share for the current year.
Analyst Ratings Changes
Several analysts recently weighed in on the stock. Weiss Ratings reiterated a "sell (d)" rating on shares of Finance of America Companies in a report on Monday, December 29th. UBS Group set a $29.50 price target on Finance of America Companies and gave the stock a "neutral" rating in a research report on Wednesday, November 26th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Finance of America Companies has an average rating of "Hold" and an average price target of $29.75.
Get Our Latest Stock Report on FOA
Institutional Investors Weigh In On Finance of America Companies
Several large investors have recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd lifted its holdings 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 worth $28,000 after buying an additional 822 shares in the last quarter. Police & Firemen s Retirement System of New Jersey purchased a new stake in Finance of America Companies in the second quarter valued at approximately $29,000. Russell Investments Group Ltd. purchased a new stake in Finance of America Companies during the third quarter worth $29,000. JPMorgan Chase & Co. increased its holdings in Finance of America Companies by 4,270.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,098 shares of the company's stock valued at $49,000 after acquiring an additional 2,050 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in Finance of America Companies in the 2nd quarter valued at approximately $57,000. 97.20% of the stock is owned by hedge funds and other institutional investors.
Finance of America Companies Company Profile
(
Get Free Report)
Finance of America Companies (NYSE: FOA) is a diversified nonbank financial services firm specializing in mortgage and insurance products for consumers. The company operates across multiple business segments, delivering home financing solutions, retirement products and specialized lending services through a blend of digital and traditional distribution channels.
In its mortgage segment, FOA originates and purchases a range of home loans including purchase, refinance, FHA, VA and USDA loans.
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