S&T Bancorp Inc. (NASDAQ:STBA) saw strong trading volume on Wednesday . 121,312 shares were traded during mid-day trading, an increase of 129% from the previous session’s volume of 53,018 shares.The stock last traded at $28.75 and had previously closed at $28.85.

Separately, Zacks Investment Research upgraded S&T Bancorp from a “sell” rating to a “hold” rating in a report on Thursday, August 18th.

The company’s 50-day moving average price is $26.43 and its 200-day moving average price is $25.67. The firm has a market cap of $1.00 billion and a price-to-earnings ratio of 14.45.

S&T Bancorp (NASDAQ:STBA) last posted its quarterly earnings data on Thursday, July 21st. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.49. Analysts forecast that S&T Bancorp Inc. will post $1.96 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 18th. Stockholders of record on Thursday, August 4th were issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 2.64%. The ex-dividend date was Tuesday, August 2nd.

S&T Bancorp, Inc (S&T) is a bank holding company. The Company operates through its three subsidiaries: S&T Bank, 9th Street Holdings, Inc and STBA Capital Trust I. S&T operates in three segments: Community Banking, Wealth Management and Insurance. The Company’s community banking segment offers services, which include accepting time and demand deposits, and originating commercial and consumer loans.

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