State Bank Financial Corp. (NASDAQ:STBZ) Director John D. Houser sold 5,073 shares of the business’s stock in a transaction that occurred on Monday, November 14th. The stock was sold at an average price of $25.01, for a total transaction of $126,875.73. Following the completion of the transaction, the director now owns 44,201 shares of the company’s stock, valued at $1,105,467.01. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Shares of State Bank Financial Corp. (NASDAQ:STBZ) traded up 0.99% during midday trading on Wednesday, reaching $25.40. 155,878 shares of the company’s stock were exchanged. The stock’s 50-day moving average is $22.73 and its 200 day moving average is $21.89. State Bank Financial Corp. has a one year low of $17.34 and a one year high of $25.86. The firm has a market cap of $910.92 million, a PE ratio of 19.18 and a beta of 0.81.

State Bank Financial Corp. (NASDAQ:STBZ) last released its quarterly earnings data on Thursday, October 27th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.31 by $0.03. State Bank Financial Corp. had a net margin of 24.14% and a return on equity of 8.97%. Analysts anticipate that State Bank Financial Corp. will post $1.33 EPS for the current year.

Institutional investors have recently added to or reduced their stakes in the stock. Teacher Retirement System of Texas increased its position in State Bank Financial Corp. by 13.9% in the second quarter. Teacher Retirement System of Texas now owns 5,011 shares of the financial services provider’s stock worth $102,000 after buying an additional 610 shares in the last quarter. US Bancorp DE increased its position in State Bank Financial Corp. by 3.1% in the third quarter. US Bancorp DE now owns 5,351 shares of the financial services provider’s stock worth $123,000 after buying an additional 159 shares in the last quarter. BlackRock Inc. increased its position in State Bank Financial Corp. by 241.3% in the second quarter. BlackRock Inc. now owns 8,532 shares of the financial services provider’s stock worth $174,000 after buying an additional 6,032 shares in the last quarter. National Investment Services Inc. WI acquired a new position in State Bank Financial Corp. during the second quarter worth about $254,000. Finally, Morgan Stanley increased its position in State Bank Financial Corp. by 134.1% in the third quarter. Morgan Stanley now owns 11,602 shares of the financial services provider’s stock worth $265,000 after buying an additional 6,646 shares in the last quarter. Hedge funds and other institutional investors own 82.83% of the company’s stock.

A number of equities analysts recently weighed in on the stock. FBR & Co boosted their price objective on shares of State Bank Financial Corp. from $24.00 to $24.50 and gave the stock an “outperform” rating in a report on Friday, July 29th. Stephens lowered shares of State Bank Financial Corp. from an “overweight” rating to an “equal weight” rating in a report on Friday, July 29th. Hovde Group lowered shares of State Bank Financial Corp. from an “outperform” rating to a “market perform” rating and decreased their price objective for the stock from $25.00 to $24.50 in a report on Friday, October 28th. Finally, Zacks Investment Research lowered shares of State Bank Financial Corp. from a “buy” rating to a “hold” rating in a report on Wednesday, September 28th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $23.00.

State Bank Financial Corp. Company 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 a range of community banking services to individuals and businesses within its markets. Its product line includes loans to small and medium-sized businesses (SMBs), 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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