Finance of America Companies Inc. (NYSE:FOA) President Kristen N. Sieffert Sells 750 Shares

Finance of America Companies Inc. (NYSE:FOA) President Kristen N. Sieffert sold 750 shares of Finance of America Companies stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $22.35, for a total value of $16,762.50. Following the transaction, the president now directly owns 50,975 shares in the company, valued at approximately $1,139,291.25. This trade represents a 1.45 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Finance of America Companies Stock Performance

NYSE:FOA opened at $21.20 on Friday. The firm has a market cap of $210.38 million, a price-to-earnings ratio of 1.81 and a beta of 1.18. The firm’s fifty day moving average price is $24.20 and its 200 day moving average price is $19.77. The company has a debt-to-equity ratio of 40.07, a current ratio of 2.80 and a quick ratio of 2.80. Finance of America Companies Inc. has a 1-year low of $4.10 and a 1-year high of $32.40.

Finance of America Companies (NYSE:FOA) last released its quarterly earnings data on Tuesday, March 11th. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.24). Finance of America Companies had a net margin of 18.89% and a negative return on equity of 4.00%. The firm had revenue of ($105.62) million during the quarter, compared to analysts’ expectations of $80.61 million. On average, sell-side analysts expect that Finance of America Companies Inc. will post 0.75 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Nkcfo LLC purchased a new position in Finance of America Companies in the fourth quarter valued at approximately $815,000. Citizens Financial Group Inc. RI acquired a new stake in Finance of America Companies in the fourth quarter valued at $562,000. American Century Companies Inc. bought a new position in shares of Finance of America Companies during the fourth quarter worth about $781,000. Arrowstreet Capital Limited Partnership acquired a new position in shares of Finance of America Companies in the 4th quarter worth approximately $984,000. Finally, O Shaughnessy Asset Management LLC acquired a new position in Finance of America Companies in the fourth quarter worth $369,000. Institutional investors and hedge funds own 97.20% of the company’s stock.

About Finance of America Companies

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.