SG Americas Securities LLC Purchases Shares of 5,159 DNB Financial Corp (DNBF)

SG Americas Securities LLC purchased a new position in shares of DNB Financial Corp (NASDAQ:DNBF) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,159 shares of the financial services provider’s stock, valued at approximately $182,000. SG Americas Securities LLC owned about 0.12% of DNB Financial as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in DNBF. Bank of New York Mellon Corp boosted its stake in DNB Financial by 20.1% in the third quarter. Bank of New York Mellon Corp now owns 12,217 shares of the financial services provider’s stock valued at $431,000 after acquiring an additional 2,046 shares during the last quarter. California State Teachers Retirement System purchased a new position in DNB Financial in the second quarter valued at about $189,000. ZPR Investment Management boosted its stake in DNB Financial by 1.9% in the second quarter. ZPR Investment Management now owns 7,060 shares of the financial services provider’s stock valued at $242,000 after acquiring an additional 134 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in DNB Financial by 1.2% in the second quarter. The Manufacturers Life Insurance Company now owns 111,107 shares of the financial services provider’s stock valued at $3,811,000 after acquiring an additional 1,279 shares during the last quarter. Finally, State Street Corp purchased a new position in DNB Financial in the second quarter valued at about $994,000. Institutional investors and hedge funds own 30.65% of the company’s stock.

Shares of DNB Financial Corp (DNBF) opened at $33.70 on Monday. DNB Financial Corp has a 12-month low of $27.10 and a 12-month high of $35.85. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.94 and a quick ratio of 0.94. The stock has a market cap of $138.71, a P/E ratio of 15.25 and a beta of 0.22.

DNB Financial (NASDAQ:DNBF) last posted its quarterly earnings results on Tuesday, October 24th. The financial services provider reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.04. DNB Financial had a net margin of 19.77% and a return on equity of 8.33%. The company had revenue of $10.74 million for the quarter, compared to analyst estimates of $10.30 million. sell-side analysts expect that DNB Financial Corp will post 2.2 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 13th. Stockholders of record on Friday, December 1st were given a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 0.83%. The ex-dividend date was Thursday, November 30th. DNB Financial’s dividend payout ratio (DPR) is currently 12.67%.

A number of research firms have weighed in on DNBF. Zacks Investment Research upgraded shares of DNB Financial from a “hold” rating to a “buy” rating and set a $38.00 target price on the stock in a research note on Tuesday, December 19th. ValuEngine raised shares of DNB Financial from a “hold” rating to a “buy” rating in a research report on Friday, September 1st.

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DNB Financial 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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Institutional Ownership by Quarter for DNB Financial (NASDAQ:DNBF)

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