State Bank Financial Corp. (NASDAQ:STBZ) Director Robert H. Mcmahon sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 22nd. The shares were sold at an average price of $25.30, for a total value of $25,300.00. Following the transaction, the director now owns 4,300 shares of the company’s stock, valued at approximately $108,790. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Shares of State Bank Financial Corp. (NASDAQ:STBZ) traded up 1.15% on Wednesday, reaching $25.59. The company’s stock had a trading volume of 46,447 shares. State Bank Financial Corp. has a 52 week low of $17.34 and a 52 week high of $25.86. The stock has a market capitalization of $917.73 million, a price-to-earnings ratio of 19.33 and a beta of 0.81. The stock has a 50-day moving average of $23.11 and a 200 day moving average of $22.06.

State Bank Financial Corp. (NASDAQ:STBZ) last posted its quarterly earnings results on Thursday, October 27th. The financial services provider reported $0.34 EPS for the quarter, beating the consensus estimate of $0.31 by $0.03. State Bank Financial Corp. had a return on equity of 8.97% and a net margin of 24.14%. On average, analysts expect that State Bank Financial Corp. will post $1.33 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 13th. Shareholders of record on Monday, December 5th will be issued a $0.14 dividend. The ex-dividend date of this dividend is Thursday, December 1st. This represents a $0.56 annualized dividend and a yield of 2.21%. State Bank Financial Corp.’s dividend payout ratio (DPR) is 42.11%.

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

A number of institutional investors have recently bought and sold shares of STBZ. Nationwide Fund Advisors boosted its position in State Bank Financial Corp. by 9.9% in the second quarter. Nationwide Fund Advisors now owns 27,306 shares of the financial services provider’s stock valued at $556,000 after buying an additional 2,456 shares during the period. Royce & Associates LP boosted its position in State Bank Financial Corp. by 5.1% in the second quarter. Royce & Associates LP now owns 674,625 shares of the financial services provider’s stock valued at $13,729,000 after buying an additional 32,900 shares during the period. First Trust Advisors LP boosted its position in State Bank Financial Corp. by 2.6% in the second quarter. First Trust Advisors LP now owns 36,422 shares of the financial services provider’s stock valued at $741,000 after buying an additional 939 shares during the period. Emerald Acquisition Ltd. purchased a new position in State Bank Financial Corp. during the second quarter valued at approximately $13,614,000. Finally, Rothschild Asset Management Inc. boosted its position in State Bank Financial Corp. by 5.7% in the second quarter. Rothschild Asset Management Inc. now owns 178,883 shares of the financial services provider’s stock valued at $3,640,000 after buying an additional 9,596 shares during the period. 82.77% of the stock is owned by hedge funds and other institutional investors.

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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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