BRYN MAWR TRUST Co Buys New Stake in DNB Financial Corp (DNBF)

BRYN MAWR TRUST Co bought a new stake in shares of DNB Financial Corp (NASDAQ:DNBF) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 12,190 shares of the financial services provider’s stock, valued at approximately $347,000. BRYN MAWR TRUST Co owned about 0.28% of DNB Financial at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in DNBF. FNY Investment Advisers LLC acquired a new position in DNB Financial during the fourth quarter valued at approximately $52,000. PNC Financial Services Group Inc. grew its holdings in DNB Financial by 62.4% during the fourth quarter. PNC Financial Services Group Inc. now owns 5,230 shares of the financial services provider’s stock valued at $149,000 after purchasing an additional 2,010 shares during the last quarter. Monashee Investment Management LLC acquired a new position in DNB Financial during the third quarter valued at approximately $947,000. Finally, Dimensional Fund Advisors LP grew its holdings in DNB Financial by 10.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 38,479 shares of the financial services provider’s stock valued at $1,039,000 after purchasing an additional 3,774 shares during the last quarter. Hedge funds and other institutional investors own 31.50% of the company’s stock.

DNBF has been the topic of several analyst reports. ValuEngine downgraded DNB Financial from a “hold” rating to a “sell” rating in a report on Thursday, December 27th. Zacks Investment Research cut DNB Financial from a “buy” rating to a “hold” rating in a research report on Tuesday, January 1st.

Shares of DNBF traded down $0.53 during mid-day trading on Monday, hitting $38.87. The company’s stock had a trading volume of 7,515 shares, compared to its average volume of 6,208. DNB Financial Corp has a one year low of $25.84 and a one year high of $42.00. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $170.60 million, a price-to-earnings ratio of 15.67 and a beta of 0.94.

DNB Financial (NASDAQ:DNBF) last posted its quarterly earnings data on Thursday, January 24th. The financial services provider reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.04. The company had revenue of $10.83 million during the quarter, compared to analysts’ expectations of $10.70 million. DNB Financial had a return on equity of 9.96% and a net margin of 20.80%. Equities analysts predict that DNB Financial Corp will post 2.68 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Friday, March 15th were given a $0.07 dividend. The ex-dividend date was Thursday, March 14th. This represents a $0.28 annualized dividend and a yield of 0.72%. DNB Financial’s dividend payout ratio (DPR) is currently 11.29%.

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DNB Financial Profile

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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Institutional Ownership by Quarter for DNB Financial (NASDAQ:DNBF)

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