DNB Financial (NASDAQ:DNBF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Tuesday.

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. “

Separately, ValuEngine upgraded DNB Financial from a “sell” rating to a “hold” rating in a report on Saturday, July 28th.

DNB Financial stock traded down $0.55 during midday trading on Tuesday, reaching $36.05. 2,345 shares of the company were exchanged, compared to its average volume of 3,775. The stock has a market cap of $156.11 million, a PE ratio of 15.81 and a beta of 0.26. DNB Financial has a 1 year low of $30.40 and a 1 year high of $37.15. The company has a current ratio of 0.98, a quick ratio of 0.97 and a debt-to-equity ratio of 0.78.

DNB Financial (NASDAQ:DNBF) last posted its quarterly earnings data on Tuesday, July 24th. The financial services provider reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.16). The company had revenue of $10.39 million for the quarter, compared to analysts’ expectations of $10.60 million. DNB Financial had a return on equity of 9.42% and a net margin of 15.92%. equities analysts predict that DNB Financial will post 2.4 EPS for the current year.

A number of institutional investors and hedge funds have recently bought and sold shares of DNBF. Millennium Management LLC purchased a new stake in DNB Financial in the 2nd quarter valued at about $535,000. Paloma Partners Management Co purchased a new stake in DNB Financial in the 2nd quarter valued at about $521,000. Dimensional Fund Advisors LP grew its holdings in DNB Financial by 67.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 30,566 shares of the financial services provider’s stock valued at $1,071,000 after buying an additional 12,300 shares during the period. Martingale Asset Management L P purchased a new stake in DNB Financial in the 2nd quarter valued at about $320,000. Finally, Renaissance Technologies LLC grew its holdings in DNB Financial by 55.0% in the 2nd quarter. Renaissance Technologies LLC now owns 23,400 shares of the financial services provider’s stock valued at $820,000 after buying an additional 8,302 shares during the period. Institutional investors own 31.06% of the company’s stock.

About DNB Financial

DNB Financial Corporation operates as the bank holding company for DNB First, National Association that provides a range of commercial banking products and services to individuals and small to medium sized businesses. The company offers deposit products, including money market, savings, demand, and NOW accounts; and time deposits, as well as certificates of deposit, including IRAs and brokered deposits.

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