State Bank Financial Corporation. (STBZ) Shares Sold by US Bancorp DE

US Bancorp DE decreased its position in shares of State Bank Financial Corporation. (NASDAQ:STBZ) by 5.5% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,948 shares of the financial services provider’s stock after selling 287 shares during the period. US Bancorp DE’s holdings in State Bank Financial Corporation. were worth $130,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of STBZ. First Trust Advisors LP boosted its position in 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 last quarter. Creative Planning boosted its position in State Bank Financial Corporation. by 38.9% in the first quarter. Creative Planning now owns 17,952 shares of the financial services provider’s stock worth $469,000 after buying an additional 5,028 shares during the last quarter. Highbridge Capital Management LLC bought a new position in State Bank Financial Corporation. during the fourth quarter worth $500,000. Teachers Advisors LLC boosted its position in State Bank Financial Corporation. by 1.5% in the fourth quarter. Teachers Advisors LLC now owns 64,056 shares of the financial services provider’s stock worth $1,721,000 after buying an additional 926 shares during the last quarter. Finally, AQR Capital Management LLC boosted its position in 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 last quarter. 77.35% of the stock is currently owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for State Bank Financial Corporation. (NASDAQ:STBZ)

Shares of State Bank Financial Corporation. (NASDAQ:STBZ) opened at 25.53 on Friday. State Bank Financial Corporation. has a 52 week low of $19.14 and a 52 week high of $28.38. The company has a market cap of $966.74 million, a P/E ratio of 19.81 and a beta of 0.89. The company’s 50-day moving average price is $26.25 and its 200 day moving average price is $26.39.

State Bank Financial Corporation. (NASDAQ:STBZ) last issued its quarterly earnings results on Thursday, April 27th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03. The company had revenue of $53.42 million for the quarter, compared to the consensus estimate of $52.07 million. State Bank Financial Corporation. had a return on equity of 8.45% and a net margin of 22.61%. Equities research analysts anticipate that State Bank Financial Corporation. will post $1.41 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 13th. Shareholders of record on Monday, June 5th were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Thursday, June 1st. This represents a $0.56 dividend on an annualized basis and a yield of 2.19%. State Bank Financial Corporation.’s dividend payout ratio is currently 43.41%.

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Several brokerages recently issued reports on STBZ. Stephens reissued a “hold” rating on shares of State Bank Financial Corporation. in a research note on Thursday, April 27th. BidaskClub raised State Bank Financial Corporation. from a “sell” rating to a “hold” rating in a research note on Friday, June 16th. Zacks Investment Research downgraded State Bank Financial Corporation. from a “buy” rating to a “hold” rating in a research note on Wednesday, May 3rd. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $30.00 target price on shares of State Bank Financial Corporation. in a research note on Sunday, June 18th. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the stock. State Bank Financial Corporation. has an average rating of “Hold” and an average price target of $27.80.

In other State Bank Financial Corporation. news, Director John D. Houser sold 4,481 shares of the stock in a transaction that occurred on Monday, May 1st. The stock was sold at an average price of $26.67, for a total transaction of $119,508.27. Following the transaction, the director now owns 36,682 shares in the company, valued at $978,308.94. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 4.65% of the company’s stock.

About State Bank Financial Corporation.

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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