ValuEngine upgraded shares of DNB Financial Corp (NASDAQ:DNBF) from a hold rating to a buy rating in a report published on Tuesday.
A number of other equities research analysts have also recently commented on the company. Zacks Investment Research cut DNB Financial Corp from a hold rating to a sell rating in a research report on Wednesday, May 3rd. TheStreet upgraded 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) opened at 32.80 on Tuesday. The company has a market cap of $139.63 million, a price-to-earnings ratio of 19.93 and a beta of 0.47. DNB Financial Corp has a 12-month low of $23.05 and a 12-month high of $35.15. The firm’s 50-day moving average price is $33.01 and its 200 day moving average price is $31.67.
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The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 21st. Investors of record on Friday, June 9th will be issued a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 0.85%. The ex-dividend date of this dividend is Wednesday, June 7th. DNB Financial Corp’s payout ratio is 18.92%.
Large investors have recently bought and sold shares of the company. Morgan Stanley boosted its stake in DNB Financial Corp by 100.3% in the first quarter. Morgan Stanley now owns 3,686 shares of the financial services provider’s stock valued at $126,000 after buying an additional 1,846 shares during the last quarter. Vanguard Group Inc. boosted its stake in DNB Financial Corp by 37.4% in the first quarter. Vanguard Group Inc. now owns 51,178 shares of the financial services provider’s stock valued at $1,740,000 after buying an additional 13,935 shares during the last quarter. Wellington Management Group LLP boosted its stake in DNB Financial Corp by 10.0% in the first quarter. Wellington Management Group LLP now owns 272,878 shares of the financial services provider’s stock valued at $9,278,000 after buying an additional 24,827 shares during the last quarter. Philadelphia Trust Co. boosted its stake in DNB Financial Corp by 34.5% in the fourth quarter. Philadelphia Trust Co. now owns 109,205 shares of the financial services provider’s stock valued at $3,101,000 after buying an additional 28,000 shares during the last quarter. Finally, Silvercrest Asset Management Group LLC purchased a new stake in DNB Financial Corp during the fourth quarter valued at about $352,000. Institutional investors own 20.75% 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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