State Bank Financial Corp. (NASDAQ:STBZ) saw strong trading volume on Friday . 51,875 shares changed hands during mid-day trading, an increase of 1% from the previous session’s volume of 51,184 shares.The stock last traded at $22.70 and had previously closed at $22.71.

A number of equities research analysts have commented on the company. FBR & Co restated a “hold” rating on shares of State Bank Financial Corp. in a research report on Saturday, April 30th. Stephens downgraded State Bank Financial Corp. from an “overweight” rating to an “equal weight” rating in a research report on Friday, July 29th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. State Bank Financial Corp. presently has a consensus rating of “Hold” and a consensus price target of $23.13.

The stock has a market cap of $815.31 million and a PE ratio of 18.22. The stock’s 50 day moving average is $21.88 and its 200-day moving average is $20.50.

State Bank Financial Corp. (NASDAQ:STBZ) last released its quarterly earnings data on Thursday, July 28th. The financial services provider reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.06. Analysts forecast that State Bank Financial Corp. will post $1.32 earnings per share for the current fiscal year.

A hedge fund recently raised its stake in State Bank Financial Corp. stock. Rhumbline Advisers boosted its stake in shares of State Bank Financial Corp. (NASDAQ:STBZ) by 3.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 48,616 shares of the financial services provider’s stock after buying an additional 1,485 shares during the period. Rhumbline Advisers owned 0.14% of State Bank Financial Corp. worth $1,022,000 at the end of the most recent quarter.

State Bank Financial Corporation is a bank holding company for State Bank and Trust Company (the Bank). The Bank is a Georgia-based 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.

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