Keefe, Bruyette & Woods restated their hold rating on shares of State Bank Financial Corporation. (NASDAQ:STBZ) in a report released on Sunday. Keefe, Bruyette & Woods currently has a $30.00 price target on the financial services provider’s stock.

Several other brokerages have also issued reports on STBZ. Zacks Investment Research raised shares of State Bank Financial Corporation. from a hold rating to a buy rating and set a $30.00 price target on the stock in a report on Tuesday, May 2nd. Stephens reissued a hold rating on shares of State Bank Financial Corporation. in a report on Thursday, April 27th. Finally, BidaskClub raised shares of State Bank Financial Corporation. from a sell rating to a hold rating in a report on Friday. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of $27.80.

Analyst Recommendations for State Bank Financial Corporation. (NASDAQ:STBZ)

State Bank Financial Corporation. (NASDAQ STBZ) opened at 26.79 on Friday. The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of 20.78 and a beta of 0.89. State Bank Financial Corporation. has a one year low of $19.14 and a one year high of $28.38. The firm’s 50-day moving average is $26.27 and its 200 day moving average is $26.34.

State Bank Financial Corporation. (NASDAQ:STBZ) last announced its earnings results on Thursday, April 27th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.31 by $0.03. State Bank Financial Corporation. had a net margin of 22.61% and a return on equity of 8.45%. The business had revenue of $53.42 million for the quarter, compared to analyst estimates of $52.07 million. Analysts forecast that State Bank Financial Corporation. will post $1.39 EPS for the current fiscal year.

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The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 13th. Shareholders of record on Monday, June 5th were issued a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 2.09%. The ex-dividend date was Thursday, June 1st. State Bank Financial Corporation.’s dividend payout ratio (DPR) is presently 43.41%.

In other State Bank Financial Corporation. news, Director John D. Houser sold 4,481 shares of the business’s stock in a transaction on Monday, May 1st. The shares were sold at an average price of $26.67, for a total value of $119,508.27. Following the sale, the director now owns 36,682 shares of the company’s stock, valued at approximately $978,308.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 4.65% of the company’s stock.

Several large investors have recently bought and sold shares of STBZ. Sei Investments Co. raised its stake in 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 valued at $101,000 after buying an additional 122 shares during the last quarter. Capstone Investment Advisors LLC purchased a new stake in State Bank Financial Corporation. during the fourth quarter valued at $249,000. TFS Capital LLC purchased a new stake in State Bank Financial Corporation. during the first quarter valued at $263,000. Gamco Investors INC. ET AL purchased a new stake in State Bank Financial Corporation. during the fourth quarter valued at $269,000. Finally, Menta Capital LLC purchased a new stake in State Bank Financial Corporation. during the fourth quarter valued at $283,000. 77.80% of the stock is currently owned by institutional investors and hedge funds.

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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