Published: Sat, May 27, 2017
Money | By Armando Alvarado

State Bank Financial Corp (STBZ) Plans $0.14 Dividend


A hedge fund recently raised its stake in State Bank Financial Corp stock.

Shares of Carolina Financial Corp (NASDAQ:CARO) opened at 30.40 on Tuesday. Russell Investments Group Ltd. purchased a new position in Carolina Financial Corp during the fourth quarter valued at approximately $197,000. Mutual of America Capital Management LLC now owns 148,359 shares of the bank's stock valued at $2,156,000 after buying an additional 4,054 shares during the last quarter. Also, the number of funds holding Capital Bank Financial Corp in their top 10 stock positions increased from 5 to 6 for an increase of 1. About shares traded. Capital Bank Financial Corp (NASDAQ:CBF) has risen 26.44% since May 26, 2016 and is uptrending. 6,771,894 shares of the stock were exchanged. Oritani Financial Corp. The stock has a market capitalization of $724.85 million, a price-to-earnings ratio of 12.872 and a beta of 0.48.

Regions Financial Corporation has a 50 day moving average of 14.05 and a 200 day moving average of 14.26. Based on a recent bid, the stock is trading -14.05% away from it's 52- week high and 46.76% away from its 52 week low. On average, equities analysts expect that Carolina Financial Corp will post $1.84 EPS for the current year. The firm had revenue of $22.50 million during the quarter, compared to the consensus estimate of $21.74 million.

Oritani Financial Corp. had a return on equity of 8.28% and a net margin of 29.47%.

An earnings forecast is an analyst's outlook for a company's future quarterly or annual earnings.

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 6th. This represents a $0.16 annualized dividend and a yield of 0.53%. Investors of record on Thursday, June 15th will be issued a $0.04 dividend. Merger May Not Be in the Best ..." published on May 05, 2017 as well as Nasdaq.com's news article titled: "Capital Bank Financial Corp.

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Several brokerages have commented on RF.

The share price of the company (STBZ) was up +0.15%, with a high of 26.31 during the day and the volume of State Bank Financial Corporation. shares traded was 87841. Stephens reissued a "hold" rating on shares of State Bank Financial Corp in a research report on Thursday, April 27th.

News headlines about State Bank Financial Corp (NASDAQ:STBZ) have been trending somewhat positive on Friday, Alpha One Sentiment Analysis reports. Zacks Investment Research raised shares of State Bank Financial Corp from a "hold" rating to a "buy" rating and set a $28.00 price objective for the company in a research report on Wednesday, March 29th. Out of 9 Wall Street analysts rating Regions Fincl, 3 give it "Buy", 1 "Sell" rating, while 5 recommend "Hold". Regions Financial Corp now has an average rating of "Hold" and a consensus target price of $13.87. The shares were sold at an average price of $26.67, for a total value of $119,508.27. The expected CBF's profit could reach $24.73M giving the stock 19.61 P/E in the case that $0.48 earnings per share is reported. They now have a United States dollars 19 price target on the stock. Moreover, Oak Hill Advisors Lp has 17.4% invested in the company for 641,922 shares. The disclosure for this sale can be found here. It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them. Corporate insiders own 0.88% of the company's stock.

Rafferty had a markedly different take on 20/04/2017, proposing that Regions Financial Corporation is now considered Hold versus prior Buy rating. The Firm conducts its banking activities through Regions Bank, an Alabama state-chartered commercial bank, which is a member of the Federal Reserve System. The Bank's principal business consists of attracting retail deposits from the general public and investing those deposits, together with funds generated from operations, in commercial real estate loans, one- to four-family residential mortgage loans, construction loans and investment securities, commercial business loans, home equity loans and lines of credit, and other consumer loans.

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