Context BH Capital Management LP trimmed its holdings in State Bank Financial Corporation. (NASDAQ:STBZ) by 0.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 280,452 shares of the financial services provider’s stock after selling 1 shares during the period. State Bank Financial Corporation. makes up about 2.5% of Context BH Capital Management LP’s holdings, making the stock its 8th largest holding. Context BH Capital Management LP owned approximately 0.74% of State Bank Financial Corporation. worth $7,606,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. grew its position in State Bank Financial Corporation. by 5.5% in the first quarter. Vanguard Group Inc. now owns 2,854,790 shares of the financial services provider’s stock worth $74,567,000 after acquiring an additional 147,944 shares during the period. RE Advisers Corp grew its position in State Bank Financial Corporation. by 6.0% in the second quarter. RE Advisers Corp now owns 1,650,721 shares of the financial services provider’s stock worth $44,768,000 after acquiring an additional 93,500 shares during the period. Goldman Sachs Group Inc. grew its position in State Bank Financial Corporation. by 1.8% in the first quarter. Goldman Sachs Group Inc. now owns 1,339,565 shares of the financial services provider’s stock worth $34,989,000 after acquiring an additional 23,539 shares during the period. Victory Capital Management Inc. grew its position in State Bank Financial Corporation. by 40.5% in the first quarter. Victory Capital Management Inc. now owns 1,286,927 shares of the financial services provider’s stock worth $33,614,000 after acquiring an additional 370,940 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in State Bank Financial Corporation. by 13.8% in the first quarter. Dimensional Fund Advisors LP now owns 1,030,390 shares of the financial services provider’s stock worth $26,914,000 after acquiring an additional 124,601 shares during the period. Institutional investors own 77.67% of the company’s stock.

Several brokerages recently weighed in on STBZ. BidaskClub lowered State Bank Financial Corporation. from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 1st. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $30.00 price objective on shares of State Bank Financial Corporation. in a research report on Thursday, July 27th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $28.63.

State Bank Financial Corporation. (STBZ) traded up 0.37% on Monday, hitting $27.04. The stock had a trading volume of 10,200 shares. The firm has a market cap of $1.02 billion, a price-to-earnings ratio of 20.77 and a beta of 0.97. State Bank Financial Corporation. has a one year low of $21.15 and a one year high of $28.38. The company’s 50-day moving average price is $26.73 and its 200 day moving average price is $26.49.

State Bank Financial Corporation. (NASDAQ:STBZ) last announced its quarterly earnings data on Thursday, July 27th. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.36 by $0.03. State Bank Financial Corporation. had a net margin of 22.61% and a return on equity of 8.40%. The company had revenue of $56.95 million during the quarter, compared to analysts’ expectations of $54.83 million. Analysts expect that State Bank Financial Corporation. will post $1.45 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 12th. Stockholders of record on Tuesday, September 5th were paid a dividend of $0.14 per share. The ex-dividend date was Thursday, August 31st. This represents a $0.56 annualized dividend and a dividend yield of 2.08%. State Bank Financial Corporation.’s dividend payout ratio is presently 42.75%.

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In other news, insider Bradford L. Watkins sold 930 shares of the business’s stock in a transaction on Thursday, August 31st. The shares were sold at an average price of $27.09, for a total transaction of $25,193.70. Following the completion of the sale, the insider now directly owns 73,500 shares of the company’s stock, valued at approximately $1,991,115. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Bradford L. Watkins sold 7,000 shares of the business’s stock in a transaction on Monday, August 14th. The shares were sold at an average price of $27.01, for a total transaction of $189,070.00. Following the sale, the insider now directly owns 81,190 shares of the company’s stock, valued at $2,192,941.90. The disclosure for this sale can be found here. Insiders have sold a total of 10,530 shares of company stock valued at $283,250 over the last three months. Corporate insiders own 4.65% 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.

Institutional Ownership by Quarter for State Bank Financial Corporation. (NASDAQ:STBZ)

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