Zacks Investment Research downgraded shares of DNB Financial Corp (NASDAQ:DNBF) from a hold rating to a sell rating in a research note released on Thursday.

According to Zacks, “DNB Financial Corporation is a bank holding company of DNB Financial Corporation that offers various commercial banking products and services for individuals and corporate customers in southeastern Pennsylvania. The Bank is a full service commercial bank providing a range of services to individuals and small to medium sized businesses, including accepting time, demand, and savings deposits and making secured and unsecured commercial, real estate and consumer loans. The company is headquartered in Downingtown, Pennsylvania. “

Other equities research analysts have also recently issued reports about the stock. TheStreet raised shares of DNB Financial Corp from a c rating to a b rating in a research report on Tuesday, April 4th. ValuEngine raised shares of DNB Financial Corp from a hold rating to a buy rating in a research report on Tuesday, June 6th. Finally, FIG Partners cut shares of DNB Financial Corp from an outperform rating to a market perform rating and boosted their price objective for the company from $35.00 to $37.00 in a research report on Tuesday, July 25th.

DNB Financial Corp (NASDAQ DNBF) traded down 0.29% during trading on Thursday, reaching $34.75. 320 shares of the company were exchanged. The company’s 50-day moving average price is $34.94 and its 200-day moving average price is $33.41. DNB Financial Corp has a 1-year low of $25.00 and a 1-year high of $35.85. The stock has a market capitalization of $147.93 million, a P/E ratio of 19.40 and a beta of 0.37.

DNB Financial Corp (NASDAQ:DNBF) last released its quarterly earnings data on Monday, July 24th. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by $0.16. The company had revenue of $10.58 million during the quarter, compared to analysts’ expectations of $10.40 million. DNB Financial Corp had a net margin of 21.36% and a return on equity of 9.32%. On average, equities analysts forecast that DNB Financial Corp will post $2.15 EPS for the current year.

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A hedge fund recently raised its stake in DNB Financial Corp stock. Philadelphia Trust Co. raised its stake in shares of DNB Financial Corp (NASDAQ:DNBF) by 34.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 109,205 shares of the financial services provider’s stock after buying an additional 28,000 shares during the period. Philadelphia Trust Co. owned about 2.60% of DNB Financial Corp worth $3,101,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 25.55% of the company’s stock.

About DNB Financial Corp

DNB Financial Corporation is a bank holding company for DNB First, National Association (the Bank). The Company operates through the Community Banking segment. The Bank is a commercial bank providing a range of services to individuals and small to medium sized businesses in the southeastern Pennsylvania market area, including accepting time, demand and savings deposits, and making secured and unsecured commercial, real estate and consumer loans.

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