State Bank Financial Corporation. (NASDAQ:STBZ) is expected to pay $0.14 on Dec 13, 2016. The indicated annual dividend is $0.56. Shareholders owning the stock before Dec 1, 2016 will be eligible to receive the payout. Based on State Bank Financial Corporation.’s current price of $24.87, the dividend is 0.56%. This dividend’s record date is Dec 5, 2016 and the announcement date is Nov 17, 2016. The stock closed at $24.87 during the last session. It is down 19.34% since April 27, 2016 and is uptrending. It has outperformed by 14.11% the S&P500.
State Bank Financial Corporation is a bank holding firm for State Bank and Trust Company . The company has a market cap of $911.49 million. The Bank is a Georgia state-chartered bank. It has a 18.8 P/E ratio. The Firm offers a range of community banking services to individuals and businesses within its markets.
Insitutional Activity: The institutional sentiment decreased to 1 in 2016 Q2. Its down 0.02, from 1.02 in 2016Q1. The ratio is negative, as 8 funds sold all State Bank Financial Corp shares owned while 36 reduced positions. 13 funds bought stakes while 32 increased positions. They now own 27.23 million shares or 5.37% less from 28.78 million shares in 2016Q1.
Jupiter Asset Mgmt last reported 0.21% of its portfolio in the stock. Diamond Hill accumulated 0.05% or 420,954 shares. The Florida-based Ladenburg Thalmann Financial Inc has invested 0% in State Bank Financial Corp (NASDAQ:STBZ). Price T Rowe Assoc Incorporated Md last reported 10,690 shares in the company. Millennium Management Ltd has invested 0% of its portfolio in State Bank Financial Corp (NASDAQ:STBZ). Metropolitan Life, a New York-based fund reported 25,009 shares. Bnp Paribas Arbitrage accumulated 1,355 shares or 0% of the stock. Creative Planning, a Kansas-based fund reported 19,512 shares. California State Teachers Retirement System owns 73,328 shares or 0% of their US portfolio. Moreover, Eagle Asset Mgmt has 0.07% invested in State Bank Financial Corp (NASDAQ:STBZ) for 497,349 shares. State Board Of Administration Of Florida Retirement Systems accumulated 0% or 27,983 shares. Glenmede Tru Na accumulated 0% or 7,706 shares. Netols Asset Mngmt, a Wisconsin-based fund reported 329,492 shares. Bank Of Montreal Can has 691,440 shares for 0.02% of their US portfolio. Boston Prtnrs holds 0.03% of its portfolio in State Bank Financial Corp (NASDAQ:STBZ) for 892,880 shares.
Insider Transactions: Since November 8, 2016, the stock had 0 buys, and 3 sales for $207,426 net activity. The insider Houser John D sold $126,876. BROWN DAVID CAULKINS had sold 2,500 shares worth $55,250. McMahon Robert H. sold $25,300 worth of stock or 1,000 shares.
State Bank Financial Corp (NASDAQ:STBZ) Ratings Coverage
Out of 2 analysts covering State Bank Financial (NASDAQ:STBZ), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. $25.0 is the highest target while $24.50 is the lowest. The $24.75 average target is -0.48% below today’s ($24.87) stock price. State Bank Financial has been the topic of 3 analyst reports since September 23, 2015 according to StockzIntelligence Inc. On Wednesday, September 23 the stock rating was reinitiated by Sandler O’Neill with “Buy”. Sandler O’Neill downgraded the stock to “Hold” rating in Thursday, January 28 report. Hovde Group downgraded the stock to “Market Perform” rating in Friday, October 28 report.
STBZ Company Profile
State Bank Financial Corporation, incorporated on January 7, 2010, is a bank holding firm for State Bank and Trust Company (the Bank). The Bank is a Georgia state-chartered bank. The Firm offers a range of community banking services to individuals and businesses within its markets. The Company’s 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. It also offers a range of commercial and consumer demand, savings and time deposit products. The Firm offers online banking and bill payment services, online cash management, safe deposit box, rentals, debit card and automatic teller machine (ATM) card services, and the availability of a network of ATMs for its customers. It operates over 25 full service banking offices and a limited service branch in counties of Bibb, Cobb, Dooly, Houston, Fulton, Gwinnett and Jones in Georgia.
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