State Bank Financial Corp (STBZ) : Mendon Capital Advisors Corp scooped up 40,000 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 Aug 3, 2016. The investment management firm now holds a total of 446,394 shares of State Bank Financial Corp which is valued at $9,776,029.State Bank Financial Corp makes up approximately 1.78% of Mendon Capital Advisors Corp’s portfolio.
Other Hedge Funds, Including , Rothschild Asset Management Inc boosted its stake in STBZ in the latest quarter, The investment management firm added 9,596 additional shares and now holds a total of 178,883 shares of State Bank Financial Corp which is valued at $3,917,538. State Bank Financial Corp makes up approx 0.07% of Rothschild Asset Management Inc’s portfolio.Msi Financial Services Inc boosted its stake in STBZ in the latest quarter, The investment management firm added 1 additional shares and now holds a total of 182 shares of State Bank Financial Corp which is valued at $4,051.Eagle Asset Management Inc reduced its stake in STBZ by selling 52,702 shares or 9.58% in the most recent quarter. The Hedge Fund company now holds 497,349 shares of STBZ which is valued at $10,991,413. State Bank Financial Corp makes up approx 0.07% of Eagle Asset Management Inc’s portfolio.Creative Planning reduced its stake in STBZ by selling 131 shares or 0.67% in the most recent quarter. The Hedge Fund company now holds 19,512 shares of STBZ which is valued at $429,849. Bnp Paribas Arbitrage Sa added STBZ to its portfolio by purchasing 1,355 company shares during the most recent quarter which is valued at $28,807.
State Bank Financial Corp closed down -0.09 points or -0.40% at $22.15 with 34,367 shares getting traded on Monday. Post opening the session at $22.18, the shares hit an intraday low of $22.03 and an intraday high of $22.25 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
Many Wall Street Analysts have commented on State Bank Financial Corp. FBR Capital Resumed State Bank Financial Corp on Jul 5, 2016 to “Outperform”, Price Target of the shares are set at $24.
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.