Dean Capital Management Has $1.07 Million Stock Holdings in S&T Bancorp, Inc. (NASDAQ:STBA)

Dean Capital Management decreased its position in S&T Bancorp, Inc. (NASDAQ:STBAFree Report) by 13.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 32,080 shares of the financial services provider’s stock after selling 4,944 shares during the period. Dean Capital Management owned approximately 0.08% of S&T Bancorp worth $1,072,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. TFO Wealth Partners LLC grew its holdings in shares of S&T Bancorp by 5,870.6% in the 4th quarter. TFO Wealth Partners LLC now owns 1,015 shares of the financial services provider’s stock valued at $34,000 after buying an additional 998 shares during the period. DekaBank Deutsche Girozentrale acquired a new position in shares of S&T Bancorp in the 3rd quarter valued at $135,000. Bare Financial Services Inc acquired a new position in shares of S&T Bancorp in the 4th quarter valued at $145,000. Allegheny Financial Group LTD acquired a new position in shares of S&T Bancorp in the 4th quarter valued at $206,000. Finally, D.A. Davidson & CO. acquired a new position in shares of S&T Bancorp in the 4th quarter valued at $211,000. Institutional investors and hedge funds own 65.22% of the company’s stock.

S&T Bancorp Stock Down 0.9 %

STBA traded down $0.27 during trading on Tuesday, hitting $30.05. The company had a trading volume of 5,446 shares, compared to its average volume of 160,229. The company has a market capitalization of $1.15 billion, a PE ratio of 8.59 and a beta of 0.79. S&T Bancorp, Inc. has a one year low of $24.51 and a one year high of $36.28. The firm’s 50-day moving average price is $31.27 and its 200 day moving average price is $31.60. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.07.

S&T Bancorp (NASDAQ:STBAGet Free Report) last posted its quarterly earnings data on Thursday, April 18th. The financial services provider reported $0.81 EPS for the quarter, beating the consensus estimate of $0.80 by $0.01. The business had revenue of $96.31 million for the quarter, compared to analysts’ expectations of $96.30 million. S&T Bancorp had a net margin of 24.68% and a return on equity of 10.86%. As a group, equities analysts expect that S&T Bancorp, Inc. will post 3.02 earnings per share for the current year.

S&T Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 23rd. Shareholders of record on Thursday, May 9th were given a dividend of $0.33 per share. The ex-dividend date of this dividend was Wednesday, May 8th. This represents a $1.32 annualized dividend and a yield of 4.39%. S&T Bancorp’s dividend payout ratio (DPR) is presently 37.39%.

Insiders Place Their Bets

In other S&T Bancorp news, Director William J. Hieb sold 11,000 shares of the business’s stock in a transaction dated Thursday, June 6th. The shares were sold at an average price of $31.05, for a total transaction of $341,550.00. Following the sale, the director now directly owns 31,770 shares of the company’s stock, valued at approximately $986,458.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 1.38% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, raised shares of S&T Bancorp from a “sell” rating to a “hold” rating in a report on Friday, May 31st.

View Our Latest Stock Report on S&T Bancorp

S&T Bancorp Profile

(Free Report)

S&T Bancorp, Inc operates as the bank holding company for S&T Bank that engages in the provision of retail and commercial banking products and services. The company operates through six segments: Commercial Real Estate, Commercial and Industrial, Commercial Construction, Business Banking, Consumer Real Estate, and Other Consumer.

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Institutional Ownership by Quarter for S&T Bancorp (NASDAQ:STBA)

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