News headlines about S&T Bancorp (NASDAQ:STBA) have been trending somewhat positive on Monday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. S&T Bancorp earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave media coverage about the financial services provider an impact score of 44.1494515275194 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

S&T Bancorp (STBA) traded up 2.15% on Monday, reaching $36.11. 42,923 shares of the company’s stock traded hands. S&T Bancorp has a 12 month low of $25.85 and a 12 month high of $39.84. The company has a market cap of $1.26 billion, a PE ratio of 15.87 and a beta of 0.84. The firm’s 50 day moving average price is $36.26 and its 200 day moving average price is $35.49.

S&T Bancorp (NASDAQ:STBA) last announced its earnings results on Thursday, July 20th. The financial services provider reported $0.65 EPS for the quarter, beating the Zacks’ consensus estimate of $0.56 by $0.09. S&T Bancorp had a net margin of 26.52% and a return on equity of 9.30%. The firm had revenue of $72.84 million for the quarter, compared to analysts’ expectations of $71.98 million. During the same quarter in the previous year, the business posted $0.49 EPS. On average, equities analysts expect that S&T Bancorp will post $2.30 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 17th. Stockholders of record on Thursday, August 3rd were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.26%. The ex-dividend date of this dividend was Tuesday, August 1st. S&T Bancorp’s dividend payout ratio (DPR) is presently 35.24%.

Several research analysts recently issued reports on the stock. Keefe, Bruyette & Woods reissued a “hold” rating and set a $38.50 target price on shares of S&T Bancorp in a research note on Thursday, August 3rd. BidaskClub raised shares of S&T Bancorp from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 26th. Finally, Zacks Investment Research lowered shares of S&T Bancorp from a “buy” rating to a “hold” rating in a research note on Thursday, June 22nd. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company. S&T Bancorp currently has an average rating of “Hold” and an average target price of $37.83.

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In related news, Director Frank W. Jones sold 1,075 shares of the company’s stock in a transaction dated Monday, July 24th. The shares were sold at an average price of $37.67, for a total value of $40,495.25. Following the transaction, the director now owns 25,065 shares in the company, valued at approximately $944,198.55. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Robert Edward Kane purchased 1,000 shares of the company’s stock in a transaction that occurred on Monday, August 21st. The stock was purchased at an average price of $35.10 per share, for a total transaction of $35,100.00. Following the purchase, the director now owns 1,997 shares in the company, valued at $70,094.70. The disclosure for this purchase can be found here. In the last 90 days, insiders have sold 6,739 shares of company stock worth $239,098. Company insiders own 2.71% of the company’s stock.

About S&T Bancorp

S&T Bancorp, Inc (S&T) is a bank holding company. The Company operates through three segments: Community Banking, Wealth Management and Insurance. The Community Banking segment offers services, which include accepting time and demand deposits, and originating commercial and consumer loans. The Wealth Management segment offers brokerage services, serves as executor and trustee under wills and deeds and as guardian and custodian of employee benefits and provides other trust services.

Insider Buying and Selling by Quarter for S&T Bancorp (NASDAQ:STBA)

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