DNB Financial Corp (NASDAQ:DNBF) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a report issued on Tuesday.

According to Zacks, “DNB Financial Corporation is a bank holding company of DNB Financial Corporation that offers various commercial banking products and services for individuals and corporate customers in southeastern Pennsylvania. The Bank is a full service commercial bank providing a range of services to individuals and small to medium sized businesses, including accepting time, demand, and savings deposits and making secured and unsecured commercial, real estate and consumer loans. The company is headquartered in Downingtown, Pennsylvania. “

Other equities analysts have also recently issued reports about the stock. FIG Partners cut shares of DNB Financial Corp from an “outperform” rating to a “market perform” rating and upped their target price for the company from $35.00 to $37.00 in a research note on Tuesday, July 25th. ValuEngine cut shares of DNB Financial Corp from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th.

DNB Financial Corp (DNBF) opened at 34.85 on Tuesday. The firm’s 50-day moving average is $32.22 and its 200 day moving average is $33.50. The firm has a market capitalization of $148.53 million, a price-to-earnings ratio of 19.46 and a beta of 0.38. DNB Financial Corp has a one year low of $25.01 and a one year high of $35.85.

DNB Financial Corp (NASDAQ:DNBF) last issued its quarterly earnings data on Monday, July 24th. The financial services provider reported $0.42 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.58 by ($0.16). DNB Financial Corp had a return on equity of 7.97% and a net margin of 16.38%. The firm had revenue of $10.58 million during the quarter, compared to analyst estimates of $10.40 million. Analysts forecast that DNB Financial Corp will post $2.15 EPS for the current fiscal year.

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A number of large investors have recently added to or reduced their stakes in the stock. Wellington Management Group LLP raised its stake in DNB Financial Corp by 10.0% during the 1st quarter. Wellington Management Group LLP now owns 272,878 shares of the financial services provider’s stock valued at $9,278,000 after purchasing an additional 24,827 shares during the last quarter. Banc Funds Co. LLC raised its stake in DNB Financial Corp by 12.7% during the 2nd quarter. Banc Funds Co. LLC now owns 245,767 shares of the financial services provider’s stock valued at $8,430,000 after purchasing an additional 27,679 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in DNB Financial Corp by 1.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 111,107 shares of the financial services provider’s stock valued at $3,811,000 after purchasing an additional 1,279 shares during the last quarter. Vanguard Group Inc. raised its stake in DNB Financial Corp by 78.7% during the 2nd quarter. Vanguard Group Inc. now owns 91,445 shares of the financial services provider’s stock valued at $3,136,000 after purchasing an additional 40,267 shares during the last quarter. Finally, Northern Trust Corp raised its stake in DNB Financial Corp by 218.7% during the 2nd quarter. Northern Trust Corp now owns 38,661 shares of the financial services provider’s stock valued at $1,326,000 after purchasing an additional 26,530 shares during the last quarter. Hedge funds and other institutional investors own 30.12% of the company’s stock.

About DNB Financial Corp

DNB Financial Corporation is a bank holding company for DNB First, National Association (the Bank). The Company operates through the Community Banking segment. The Bank is a commercial bank providing a range of services to individuals and small to medium sized businesses in the southeastern Pennsylvania market area, including accepting time, demand and savings deposits, and making secured and unsecured commercial, real estate and consumer loans.

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