State Bank Financial Corporation. (NASDAQ:STBZ) insider Bradford L. Watkins sold 7,000 shares of the company’s stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $27.01, for a total transaction of $189,070.00. Following the completion of the sale, the insider now directly owns 81,190 shares of the company’s stock, valued at approximately $2,192,941.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Shares of State Bank Financial Corporation. (NASDAQ:STBZ) traded down 0.11% on Wednesday, reaching $26.77. 54,492 shares of the company’s stock traded hands. The stock has a market capitalization of $1.01 billion, a price-to-earnings ratio of 20.56 and a beta of 0.97. State Bank Financial Corporation. has a 52 week low of $21.15 and a 52 week high of $28.38. The stock’s 50-day moving average price is $27.13 and its 200-day moving average price is $26.53.

State Bank Financial Corporation. (NASDAQ:STBZ) last posted its quarterly earnings results on Thursday, July 27th. The financial services provider reported $0.39 EPS for the quarter, beating the consensus estimate of $0.36 by $0.03. The company had revenue of $56.95 million during the quarter, compared to analysts’ expectations 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 year.

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Several research analysts have weighed in on STBZ shares. BidaskClub lowered shares of State Bank Financial Corporation. from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 1st. Stephens reaffirmed a “hold” rating on shares of State Bank Financial Corporation. in a research note on Thursday, April 27th. Zacks Investment Research raised shares of State Bank Financial Corporation. from a “hold” rating to a “buy” rating and set a $30.00 target price for the company in a research note on Tuesday, May 2nd. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $30.00 target price on shares of State Bank Financial Corporation. in a research note on Thursday, July 27th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $28.63.

Hedge funds have recently bought and sold shares of the stock. Teachers Advisors LLC boosted its stake in State Bank Financial Corporation. by 1.5% in the fourth quarter. Teachers Advisors LLC now owns 64,056 shares of the financial services provider’s stock valued at $1,721,000 after buying an additional 926 shares during the period. Creative Planning boosted its stake in State Bank Financial Corporation. by 38.9% in the first quarter. Creative Planning now owns 17,952 shares of the financial services provider’s stock valued at $469,000 after buying an additional 5,028 shares during the period. First Trust Advisors LP boosted its stake in State Bank Financial Corporation. by 23.2% in the first quarter. First Trust Advisors LP now owns 122,452 shares of the financial services provider’s stock valued at $3,198,000 after buying an additional 23,023 shares during the period. Bank of New York Mellon Corp boosted its stake in State Bank Financial Corporation. by 7.2% in the first quarter. Bank of New York Mellon Corp now owns 170,469 shares of the financial services provider’s stock valued at $4,452,000 after buying an additional 11,499 shares during the period. Finally, Suntrust Banks Inc. boosted its stake in State Bank Financial Corporation. by 56.3% in the first quarter. Suntrust Banks Inc. now owns 29,209 shares of the financial services provider’s stock valued at $762,000 after buying an additional 10,522 shares during the period. Institutional investors own 77.61% of the company’s stock.

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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