State Bank Financial Corporation. (NASDAQ:STBZ) has earned an average rating of “Hold” from the seven ratings firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $28.17.

STBZ has been the subject of several recent analyst reports. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $30.00 price target on shares of State Bank Financial Corporation. in a research report on Sunday, June 18th. BidaskClub lowered State Bank Financial Corporation. from a “hold” rating to a “sell” rating in a research report on Thursday, June 22nd.

State Bank Financial Corporation. (NASDAQ:STBZ) traded down 0.41% during mid-day trading on Friday, hitting $26.94. 213,171 shares of the stock traded hands. The firm’s 50-day moving average is $26.73 and its 200 day moving average is $26.49. State Bank Financial Corporation. has a 52-week low of $21.15 and a 52-week high of $28.38. The firm has a market cap of $1.02 billion, a P/E ratio of 20.69 and a beta of 0.97.

State Bank Financial Corporation. (NASDAQ:STBZ) last posted its quarterly earnings results on Thursday, July 27th. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.03. The firm had revenue of $56.95 million during the quarter, compared to analyst estimates of $54.83 million. State Bank Financial Corporation. had a return on equity of 8.40% and a net margin of 22.61%. Equities analysts predict that State Bank Financial Corporation. will post $1.45 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 12th. Stockholders of record on Tuesday, September 5th were given a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 2.08%. The ex-dividend date was Thursday, August 31st. State Bank Financial Corporation.’s dividend payout ratio is presently 42.75%.

In other news, insider Bradford L. Watkins sold 1,000 shares of State Bank Financial Corporation. stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $27.14, for a total value of $27,140.00. Following the completion of the transaction, the insider now owns 72,500 shares of the company’s stock, valued at approximately $1,967,650. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Bradford L. Watkins sold 7,000 shares of State Bank Financial Corporation. stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $27.01, for a total value of $189,070.00. Following the completion of the transaction, the insider now directly owns 81,190 shares of the company’s stock, valued at approximately $2,192,941.90. The disclosure for this sale can be found here. In the last ninety days, insiders sold 10,530 shares of company stock valued at $283,250. 4.65% of the stock is owned by insiders.

A number of large investors have recently modified their holdings of the business. Alps Advisors Inc. raised its position in State Bank Financial Corporation. by 0.3% in the 2nd quarter. Alps Advisors Inc. now owns 18,173 shares of the financial services provider’s stock worth $493,000 after buying an additional 47 shares during the last quarter. Sei Investments Co. raised its position in State Bank Financial Corporation. by 3.3% in the 1st 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 last quarter. US Bancorp DE raised its position in State Bank Financial Corporation. by 5.1% in the 2nd quarter. US Bancorp DE now owns 5,200 shares of the financial services provider’s stock worth $141,000 after buying an additional 252 shares during the last quarter. HighTower Advisors LLC raised its position in State Bank Financial Corporation. by 1.3% in the 2nd quarter. HighTower Advisors LLC now owns 52,593 shares of the financial services provider’s stock worth $1,426,000 after buying an additional 658 shares during the last quarter. Finally, Legal & General Group Plc raised its position in State Bank Financial Corporation. by 8.2% in the 2nd quarter. Legal & General Group Plc now owns 9,419 shares of the financial services provider’s stock worth $256,000 after buying an additional 716 shares during the last quarter. 78.40% of the stock is owned by institutional investors and hedge funds.

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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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