Maltese Capital Management buys $16.4 Million stake in State Bank Financial Corp (STBZ)

State Bank Financial Corp (STBZ) : Maltese Capital Management scooped up 85,400 additional shares in State Bank Financial Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 814,900 shares of State Bank Financial Corp which is valued at $16.4 Million.State Bank Financial Corp makes up approximately 2.14% of Maltese Capital Management’s portfolio.

Other Hedge Funds, Including , Dimensional Fund Advisors Lp boosted its stake in STBZ in the latest quarter, The investment management firm added 113,741 additional shares and now holds a total of 656,474 shares of State Bank Financial Corp which is valued at $13.2 Million. State Bank Financial Corp makes up approx 0.01% of Dimensional Fund Advisors Lp’s portfolio.Teacher Retirement System Of Texas boosted its stake in STBZ in the latest quarter, The investment management firm added 1,114 additional shares and now holds a total of 4,401 shares of State Bank Financial Corp which is valued at $88,460. Bessemer Group Inc sold out all of its stake in STBZ during the most recent quarter. The investment firm sold 120 shares of STBZ which is valued $2,412.Blackrock Investment Management boosted its stake in STBZ in the latest quarter, The investment management firm added 910 additional shares and now holds a total of 139,371 shares of State Bank Financial Corp which is valued at $2.8 Million.Mendon Capital Advisors Corp boosted its stake in STBZ in the latest quarter, The investment management firm added 39,712 additional shares and now holds a total of 406,394 shares of State Bank Financial Corp which is valued at $8.2 Million. State Bank Financial Corp makes up approx 1.51% of Mendon Capital Advisors Corp’s portfolio.

State Bank Financial Corp opened for trading at $21.64 and hit $21.99 on the upside on Wednesday, eventually ending the session at $21.74, with a gain of 0.60% or 0.13 points. The heightened volatility saw the trading volume jump to 63,783 shares. Company has a market cap of $802 M.

State Bank Financial Corporation is a bank holding company for State Bank and Trust Company (the Bank). The Bank is a state-chartered bank. The Company offers a range of community banking services to individuals and businesses within its markets. Its 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 Company 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 around 28 banking offices and a limited service branch in Bibb Cobb Dooly Houston Fulton Gwinnett and Jones.

Leave a Reply

State Bank Financial Corp - Is it time to Sell?

Top Brokerage Firms are advising their investors on State Bank Financial Corp. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.