DNB Financial Corp (NASDAQ:DNBF) Lowered to “Hold” at ValuEngine
ValuEngine lowered shares of DNB Financial Corp (NASDAQ:DNBF) from a buy rating to a hold rating in a research report report published on Tuesday morning.
A number of other analysts have also weighed in on DNBF. FIG Partners lowered DNB Financial Corp from an outperform rating to a market perform rating and upped their price objective for the stock from $35.00 to $37.00 in a research report on Tuesday. Zacks Investment Research lowered DNB Financial Corp from a strong-buy rating to a hold rating in a research report on Tuesday, March 28th. Finally, TheStreet raised DNB Financial Corp from a c rating to a b rating in a research report on Tuesday, April 4th.
Shares of DNB Financial Corp (NASDAQ:DNBF) traded up 0.43% during mid-day trading on Tuesday, reaching $34.85. The company’s stock had a trading volume of 2,412 shares. DNB Financial Corp has a one year low of $25.01 and a one year high of $35.85. The stock has a market cap of $148.36 million, a P/E ratio of 19.46 and a beta of 0.38. The stock has a 50 day moving average of $34.94 and a 200-day moving average of $33.41.
DNB Financial Corp (NASDAQ:DNBF) last posted its quarterly earnings data on Monday, July 24th. The financial services provider reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by $0.16. DNB Financial Corp had a return on equity of 8.34% and a net margin of 16.38%. The company had revenue of $10.58 million for the quarter, compared to analysts’ expectations of $10.40 million. On average, equities research analysts expect that DNB Financial Corp will post $2.15 EPS for the current fiscal year.
An institutional investor recently raised its position in DNB Financial Corp stock. Philadelphia Trust Co. increased its position in DNB Financial Corp (NASDAQ:DNBF) by 34.5% during the fourth quarter, according to its most recent 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 approximately 2.60% of DNB Financial Corp worth $3,101,000 as of its most recent SEC filing. Institutional investors and hedge funds own 25.55% of the company’s stock.
DNB Financial Corp Company Profile
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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