Zacks: Brokerages Set $36.00 Target Price for DNB Financial Corp Common Stock (DNBF)

DNB Financial Corp Common Stock (NASDAQ:DNBF) has earned an average broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.

Analysts have set a twelve-month consensus price objective of $36.00 for the company and are forecasting that the company will post $0.67 earnings per share for the current quarter, according to Zacks. Zacks has also given DNB Financial Corp Common Stock an industry rank of 119 out of 255 based on the ratings given to its competitors.

Several equities analysts recently weighed in on the stock. ValuEngine lowered shares of DNB Financial Corp Common Stock from a “hold” rating to a “sell” rating in a research report on Monday, July 2nd. Zacks Investment Research lowered shares of DNB Financial Corp Common Stock from a “hold” rating to a “sell” rating in a research report on Friday, July 27th.

Shares of DNB Financial Corp Common Stock traded down $0.16, hitting $34.59, during trading on Tuesday, according to MarketBeat. The stock had a trading volume of 1,256 shares, compared to its average volume of 3,146. DNB Financial Corp Common Stock has a 12 month low of $30.00 and a 12 month high of $37.15. The company has a debt-to-equity ratio of 0.78, a current ratio of 0.98 and a quick ratio of 0.97. The firm has a market cap of $149.65 million, a price-to-earnings ratio of 15.38 and a beta of 0.23.

DNB Financial Corp Common Stock (NASDAQ:DNBF) last posted its earnings results on Tuesday, July 24th. The financial services provider reported $0.47 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.63 by ($0.16). The firm had revenue of $10.39 million during the quarter, compared to the consensus estimate of $10.60 million. DNB Financial Corp Common Stock had a return on equity of 9.42% and a net margin of 15.92%. research analysts anticipate that DNB Financial Corp Common Stock will post 2.4 EPS for the current fiscal year.

In related news, EVP Bruce E. Moroney sold 4,712 shares of the stock in a transaction dated Wednesday, June 13th. The shares were sold at an average price of $35.93, for a total transaction of $169,302.16. Following the completion of the transaction, the executive vice president now owns 16,502 shares in the company, valued at $592,916.86. The transaction was disclosed in a document filed with the SEC, which is available through this link. 13.49% of the stock is currently owned by corporate insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Philadelphia Trust Co. lifted its holdings in DNB Financial Corp Common Stock by 6.6% during the second quarter. Philadelphia Trust Co. now owns 114,555 shares of the financial services provider’s stock valued at $4,015,000 after purchasing an additional 7,100 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in DNB Financial Corp Common Stock by 67.3% during the second quarter. Dimensional Fund Advisors LP now owns 30,566 shares of the financial services provider’s stock valued at $1,071,000 after purchasing an additional 12,300 shares during the last quarter. Martingale Asset Management L P purchased a new stake in DNB Financial Corp Common Stock during the second quarter valued at about $320,000. LMR Partners LLP purchased a new stake in DNB Financial Corp Common Stock during the second quarter valued at about $236,000. Finally, Bessemer Group Inc. purchased a new stake in DNB Financial Corp Common Stock during the second quarter valued at about $109,000. Institutional investors own 30.65% of the company’s stock.

About DNB Financial Corp Common Stock

DNB Financial Corporation operates as the bank holding company for DNB First, National Association that provides a range of commercial banking products and services to individuals and small to medium sized businesses. The company offers deposit products, including money market, savings, demand, and NOW accounts; and time deposits, as well as certificates of deposit, including IRAs and brokered deposits.

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