DNB Financial Corp (NASDAQ:DNBF) was downgraded by research analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued to investors on Tuesday, July 25th.
Several other analysts have also recently weighed in on the stock. FIG Partners cut shares of DNB Financial Corp from an “outperform” rating to a “market perform” rating and upped their price objective for the stock from $35.00 to $37.00 in a research note on Tuesday, July 25th. Zacks Investment Research raised shares of DNB Financial Corp from a “sell” rating to a “hold” rating in a research note on Monday, July 3rd. Finally, TheStreet raised shares of DNB Financial Corp from a “c” rating to a “b” rating in a research note on Tuesday, April 4th.
Shares of DNB Financial Corp (NASDAQ:DNBF) traded down 1.44% during trading on Tuesday, hitting $30.90. The stock had a trading volume of 4,025 shares. The stock’s 50-day moving average price is $34.21 and its 200 day moving average price is $33.63. The stock has a market cap of $131.73 million, a price-to-earnings ratio of 17.97 and a beta of 0.37. DNB Financial Corp has a one year low of $25.00 and a one year high of $35.85.
DNB Financial Corp (NASDAQ:DNBF) last posted its quarterly earnings results on Monday, July 24th. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.58 by $0.16. DNB Financial Corp had a return on equity of 8.34% and a net margin of 16.38%. The business had revenue of $10.58 million during the quarter, compared to analyst estimates of $10.40 million. On average, equities analysts forecast that DNB Financial Corp will post $2.15 EPS for the current year.
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Hedge funds have recently modified their holdings of the company. Banc Funds Co. LLC boosted its stake in shares of DNB Financial Corp by 12.7% in the second quarter. Banc Funds Co. LLC now owns 245,767 shares of the financial services provider’s stock valued at $8,430,000 after buying an additional 27,679 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of DNB Financial Corp by 78.7% in the second quarter. Vanguard Group Inc. now owns 91,445 shares of the financial services provider’s stock valued at $3,136,000 after buying an additional 40,267 shares in the last quarter. Northern Trust Corp boosted its stake in shares of DNB Financial Corp by 218.7% in the second quarter. Northern Trust Corp now owns 38,661 shares of the financial services provider’s stock valued at $1,326,000 after buying an additional 26,530 shares in the last quarter. New York State Common Retirement Fund purchased a new stake in shares of DNB Financial Corp during the second quarter valued at $113,000. Finally, PNC Financial Services Group Inc. bought a new stake in DNB Financial Corp during the second quarter valued at approximately $101,000. 25.57% of the stock is currently owned by hedge funds and other institutional investors.
DNB Financial Corp Company Profile
DNB Financial Corporation is a bank holding company for DNB First, National Association (the Bank). The Company operates through the Community Banking segment. The Bank is a commercial bank providing a range of services to individuals and small to medium sized businesses in the southeastern Pennsylvania market area, including accepting time, demand and savings deposits, and making secured and unsecured commercial, real estate and consumer loans.
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