DNB Financial Corp (DNBF) Receives Consensus Recommendation of “Hold” from Analysts

Shares of DNB Financial Corp (NASDAQ:DNBF) have been given a consensus broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation.

Brokers have set a 12-month consensus target price of $36.00 for the company and are anticipating that the company will post $0.57 EPS for the current quarter, according to Zacks. Zacks has also assigned DNB Financial an industry rank of 42 out of 255 based on the ratings given to related companies.

A number of equities analysts have recently issued reports on the company. Zacks Investment Research cut DNB Financial from a “buy” rating to a “hold” rating in a report on Tuesday, January 1st. ValuEngine cut DNB Financial from a “hold” rating to a “sell” rating in a report on Thursday, December 27th.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Monashee Investment Management LLC lifted its stake in shares of DNB Financial by 80.5% in the 4th quarter. Monashee Investment Management LLC now owns 46,302 shares of the financial services provider’s stock valued at $1,319,000 after acquiring an additional 20,647 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of DNB Financial by 10.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 38,479 shares of the financial services provider’s stock valued at $1,039,000 after acquiring an additional 3,774 shares during the last quarter. BRYN MAWR TRUST Co bought a new stake in shares of DNB Financial in the 4th quarter valued at about $347,000. PNC Financial Services Group Inc. lifted its stake in shares of DNB Financial by 62.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 5,230 shares of the financial services provider’s stock valued at $149,000 after acquiring an additional 2,010 shares during the last quarter. Finally, FNY Investment Advisers LLC bought a new stake in shares of DNB Financial in the 4th quarter valued at about $52,000. Hedge funds and other institutional investors own 31.50% of the company’s stock.

DNB Financial stock traded down $0.93 during midday trading on Friday, hitting $37.77. 4,312 shares of the company’s stock were exchanged, compared to its average volume of 6,231. DNB Financial has a 52-week low of $25.84 and a 52-week high of $42.00. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.49. The stock has a market cap of $167.49 million, a price-to-earnings ratio of 15.23 and a beta of 0.95.

DNB Financial (NASDAQ:DNBF) last posted its earnings results on Thursday, January 24th. The financial services provider reported $0.69 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.65 by $0.04. DNB Financial had a return on equity of 9.96% and a net margin of 20.80%. The business had revenue of $10.83 million during the quarter, compared to analysts’ expectations of $10.70 million. On average, research analysts anticipate that DNB Financial will post 2.68 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Friday, March 15th were issued a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date of this dividend was Thursday, March 14th. DNB Financial’s payout ratio is currently 11.29%.

About DNB Financial

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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