NJ State Employees Deferred Compensation Plan held its position in shares of State Bank Financial Corporation. (NASDAQ:STBZ) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,000 shares of the financial services provider’s stock at the end of the second quarter. NJ State Employees Deferred Compensation Plan’s holdings in State Bank Financial Corporation. were worth $1,220,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the stock. Sei Investments Co. boosted its position in shares of State Bank Financial Corporation. by 3.3% in the first quarter. Sei Investments Co. now owns 3,869 shares of the financial services provider’s stock valued at $101,000 after buying an additional 122 shares in the last quarter. US Bancorp DE boosted its position in shares of State Bank Financial Corporation. by 5.1% in the second quarter. US Bancorp DE now owns 5,200 shares of the financial services provider’s stock valued at $141,000 after buying an additional 252 shares in the last quarter. Aperio Group LLC bought a new position in shares of State Bank Financial Corporation. during the second quarter valued at $257,000. TFS Capital LLC bought a new position in shares of State Bank Financial Corporation. during the first quarter valued at $263,000. Finally, Citadel Advisors LLC boosted its position in shares of State Bank Financial Corporation. by 12.7% in the first quarter. Citadel Advisors LLC now owns 14,621 shares of the financial services provider’s stock valued at $382,000 after buying an additional 1,653 shares in the last quarter. 77.61% of the stock is owned by hedge funds and other institutional investors.

State Bank Financial Corporation. (NASDAQ:STBZ) opened at 27.37 on Friday. The company has a market cap of $1.04 billion, a price-to-earnings ratio of 21.02 and a beta of 0.97. State Bank Financial Corporation. has a 52 week low of $21.15 and a 52 week high of $28.38. The stock has a 50 day moving average price of $27.02 and a 200 day moving average price of $26.48.

State Bank Financial Corporation. (NASDAQ:STBZ) last released its quarterly earnings results on Thursday, July 27th. The financial services provider reported $0.39 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.36 by $0.03. State Bank Financial Corporation. had a return on equity of 8.52% and a net margin of 22.61%. The business had revenue of $56.95 million for the quarter, compared to the consensus estimate of $54.83 million. On average, equities analysts forecast that State Bank Financial Corporation. will post $1.45 earnings per share for the current year.

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Several equities analysts have weighed in on the company. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $30.00 price objective on shares of State Bank Financial Corporation. in a report on Thursday, July 27th. BidaskClub cut State Bank Financial Corporation. from a “sell” rating to a “strong sell” rating in a report on Tuesday. Zacks Investment Research raised State Bank Financial Corporation. from a “hold” rating to a “buy” rating and set a $30.00 price objective for the company in a report on Tuesday, May 2nd. Finally, Stephens reaffirmed a “hold” rating on shares of State Bank Financial Corporation. in a report on Thursday, April 27th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $28.63.

About State Bank Financial Corporation.

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 community banking services to individuals and businesses. Its product line includes loans to small and medium-sized businesses, 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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Institutional Ownership by Quarter for State Bank Financial Corporation. (NASDAQ:STBZ)

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