CenterState Banks Inc. (NASDAQ:CSFL) saw an uptick in trading volume on Tuesday . 153,742 shares were traded during mid-day trading, an increase of 9% from the previous session’s volume of 141,449 shares.The stock last traded at $17.62 and had previously closed at $17.66.

A number of brokerages recently commented on CSFL. Keefe, Bruyette & Woods upped their target price on CenterState Banks from $17.00 to $18.00 and gave the company a “market perform” rating in a research report on Wednesday, July 27th. Zacks Investment Research upgraded CenterState Banks from a “sell” rating to a “buy” rating and set a $18.00 target price on the stock in a research report on Friday, April 29th. Stephens began coverage on CenterState Banks in a research report on Wednesday, May 25th. They issued an “equal weight” rating and a $17.50 target price on the stock. Finally, FIG Partners lowered CenterState Banks from an “outperform” rating to a “market perform” rating in a research report on Wednesday, April 27th. Three equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $17.88.

The stock’s 50-day moving average price is $16.28 and its 200 day moving average price is $15.41. The company has a market capitalization of $844.41 million and a P/E ratio of 26.41.

CenterState Banks (NASDAQ:CSFL) last posted its quarterly earnings data on Tuesday, July 26th. The financial services provider reported $0.32 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.04. On average, analysts predict that CenterState Banks Inc. will post $1.24 EPS for the current fiscal year.

A number of large investors recently bought and sold shares of the company. Bank of Montreal Can boosted its stake in CenterState Banks by 1,673.0% in the fourth quarter. Bank of Montreal Can now owns 133,506 shares of the financial services provider’s stock worth $2,089,000 after buying an additional 125,976 shares during the last quarter. First Trust Advisors LP boosted its stake in CenterState Banks by 49.0% in the fourth quarter. First Trust Advisors LP now owns 81,022 shares of the financial services provider’s stock worth $1,268,000 after buying an additional 26,630 shares during the last quarter. New York State Common Retirement Fund boosted its stake in CenterState Banks by 11.5% in the fourth quarter. New York State Common Retirement Fund now owns 89,941 shares of the financial services provider’s stock worth $1,408,000 after buying an additional 9,284 shares during the last quarter. Finally, California State Teachers Retirement System boosted its stake in CenterState Banks by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 84,192 shares of the financial services provider’s stock worth $1,318,000 after buying an additional 1,298 shares during the last quarter.

CenterState Banks, Inc (CSFL) is a bank holding company, which owns CenterState Bank of Florida, N.A. (CSB or the Bank) and a non-bank subsidiary, R4ALL, Inc (R4ALL). The Company’s basic services include demand interest-bearing and noninterest-bearing accounts, money market deposit accounts, time deposits, safe deposit services, cash management, direct deposits, notary services, money orders, night depository, travelers’ checks, cashier’s checks, domestic collections, savings bonds, bank drafts, automated teller services, drive-in tellers, and banking by mail and by Internet.

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