Public Employees Retirement System of Ohio Holds Holdings in State Bank Financial Corporation. (STBZ)

Public Employees Retirement System of Ohio continued to hold its stake in State Bank Financial Corporation. (NASDAQ:STBZ) during the 2nd quarter, according to its most recent filing with the SEC. The fund owned 104,243 shares of the financial services provider’s stock at the end of the 2nd quarter. Public Employees Retirement System of Ohio owned about 0.28% of State Bank Financial Corporation. worth $2,827,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. BNP Paribas Arbitrage SA boosted its holdings in shares of State Bank Financial Corporation. by 459.6% during the second quarter. BNP Paribas Arbitrage SA now owns 4,538 shares of the financial services provider’s stock worth $123,000 after acquiring an additional 3,727 shares during the period. US Bancorp DE boosted its holdings in shares of State Bank Financial Corporation. by 5.1% during the second quarter. US Bancorp DE now owns 5,200 shares of the financial services provider’s stock worth $141,000 after acquiring an additional 252 shares during the period. Sei Investments Co. boosted its holdings in shares of State Bank Financial Corporation. by 46.0% during the second quarter. Sei Investments Co. now owns 5,648 shares of the financial services provider’s stock worth $153,000 after acquiring an additional 1,779 shares during the period. Cubist Systematic Strategies LLC bought a new stake in shares of State Bank Financial Corporation. during the second quarter worth approximately $204,000. Finally, Gratus Capital LLC bought a new stake in shares of State Bank Financial Corporation. during the second quarter worth approximately $206,000. Institutional investors own 77.66% of the company’s stock.

Shares of State Bank Financial Corporation. (STBZ) opened at 29.30 on Tuesday. The company has a market cap of $1.11 billion, a PE ratio of 22.50 and a beta of 0.98. State Bank Financial Corporation. has a one year low of $21.15 and a one year high of $29.70. The stock’s 50 day moving average price is $28.55 and its 200-day moving average price is $27.10.

State Bank Financial Corporation. (NASDAQ:STBZ) last released its earnings results on Thursday, October 26th. The financial services provider reported $0.37 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.36 by $0.01. State Bank Financial Corporation. had a net margin of 22.79% and a return on equity of 8.51%. The firm had revenue of $54.01 million during the quarter, compared to the consensus estimate of $56.15 million. On average, analysts expect that State Bank Financial Corporation. will post $1.47 EPS for the current year.

ILLEGAL ACTIVITY WARNING: “Public Employees Retirement System of Ohio Holds Holdings in State Bank Financial Corporation. (STBZ)” was first reported by Community Financial News and is the sole property of of Community Financial News. If you are reading this article on another site, it was illegally copied and reposted in violation of U.S. and international copyright and trademark legislation. The correct version of this article can be viewed at https://www.com-unik.info/2017/10/31/public-employees-retirement-system-of-ohio-holds-holdings-in-state-bank-financial-corporation-stbz.html.

STBZ has been the subject of a number of research analyst reports. Zacks Investment Research cut State Bank Financial Corporation. from a “buy” rating to a “hold” rating in a report on Tuesday, October 3rd. BidaskClub upgraded State Bank Financial Corporation. from a “strong sell” rating to a “sell” rating in a report on Saturday, August 26th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and set a $30.00 price objective on shares of State Bank Financial Corporation. in a report on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $30.00.

In related news, insider Bradford L. Watkins sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 12th. The shares were 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 directly 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 can be accessed through this link. Also, insider Bradford L. Watkins sold 7,000 shares of the firm’s stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $27.01, for a total transaction 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 $2,192,941.90. The disclosure for this sale can be found here. Insiders have sold a total of 10,530 shares of company stock valued at $283,250 over the last three months. Insiders own 4.65% of the company’s stock.

State Bank Financial Corporation. 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.

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

What are top analysts saying about State Bank Financial Corporation.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for State Bank Financial Corporation. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit