Keefe, Bruyette & Woods reiterated their hold rating on shares of State Bank Financial Corporation. (NASDAQ:STBZ) in a research report report published on Thursday morning. They currently have a $30.00 price objective on the financial services provider’s stock.

STBZ has been the subject of a number of other reports. Zacks Investment Research raised shares of State Bank Financial Corporation. from a hold rating to a buy rating and set a $28.00 price target for the company in a report on Wednesday, March 29th. Stephens restated a hold rating on shares of State Bank Financial Corporation. in a research note on Thursday, April 27th. Finally, BidaskClub upgraded shares of State Bank Financial Corporation. from a sell rating to a hold rating in a research note on Friday, June 16th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus target price of $28.63.

State Bank Financial Corporation. (NASDAQ STBZ) traded up 0.33% during trading on Thursday, hitting $27.30. 3,796 shares of the company traded hands. State Bank Financial Corporation. has a one year low of $19.78 and a one year high of $28.38. The firm has a market cap of $1.03 billion, a P/E ratio of 20.97 and a beta of 0.97. The firm has a 50 day moving average of $27.04 and a 200 day moving average of $26.47.

State Bank Financial Corporation. (NASDAQ:STBZ) last posted its quarterly earnings data on Thursday, July 27th. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.36 by $0.03. The business had revenue of $56.95 million during the quarter, compared to the consensus estimate of $54.83 million. State Bank Financial Corporation. had a net margin of 22.61% and a return on equity of 8.52%. On average, analysts expect that State Bank Financial Corporation. will post $1.42 earnings per share for the current fiscal year.

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Several institutional investors have recently made changes to their positions in STBZ. Great Lakes Advisors LLC boosted its stake in shares of State Bank Financial Corporation. by 17.8% in the first quarter. Great Lakes Advisors LLC now owns 37,086 shares of the financial services provider’s stock worth $969,000 after buying an additional 5,594 shares during the period. State Street Corp boosted its stake in shares of State Bank Financial Corporation. by 11.4% in the fourth quarter. State Street Corp now owns 731,023 shares of the financial services provider’s stock worth $19,633,000 after buying an additional 74,618 shares during the period. Sei Investments Co. boosted its stake in shares of State Bank Financial Corporation. by 3.3% in the first quarter. Sei Investments Co. now owns 3,869 shares of the financial services provider’s stock worth $101,000 after buying an additional 122 shares during the period. AQR Capital Management LLC boosted its stake in shares of State Bank Financial Corporation. by 28.5% in the fourth quarter. AQR Capital Management LLC now owns 35,839 shares of the financial services provider’s stock worth $963,000 after buying an additional 7,958 shares during the period. Finally, First Trust Advisors LP boosted its stake in shares of State Bank Financial Corporation. by 23.2% in the first quarter. First Trust Advisors LP now owns 122,452 shares of the financial services provider’s stock worth $3,198,000 after buying an additional 23,023 shares during the period. Institutional investors own 77.61% of the company’s stock.

State Bank Financial Corporation. Company Profile

State Bank Financial Corporation is a bank holding company for State Bank and Trust Company (the Bank). The Bank is a Georgia-based state-chartered bank. The Company offers community banking services to individuals and businesses. Its product line includes loans to small and medium-sized businesses, residential and commercial construction and development loans, commercial real estate loans, farmland and agricultural production loans, residential mortgage loans, home equity loans, and consumer loans.

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