S&T Bancorp Inc (NASDAQ:STBA): Institutional Investor Sentiment Up to 1.5

April 17, 2018 - By Nellie Frank

Sentiment for S&T Bancorp Inc (NASDAQ:STBA)

S&T Bancorp Inc (NASDAQ:STBA) institutional sentiment decreased to 1.5 in 2017 Q4. Its down -0.09, from 1.59 in 2017Q3. The ratio worsened, as 63 hedge funds increased or started new stock positions, while 42 sold and decreased positions in S&T Bancorp Inc. The hedge funds in our partner’s database now possess: 19.73 million shares, up from 19.24 million shares in 2017Q3. Also, the number of hedge funds holding S&T Bancorp Inc in their top 10 stock positions was flat from 2 to 2 for the same number . Sold All: 8 Reduced: 34 Increased: 47 New Position: 16.

S&T Bancorp, Inc. operates as the bank holding firm for S&T Bank that provides a range of financial services. The company has market cap of $1.45 billion. It operates through three divisions: Community Banking, Wealth Management, and Insurance. It has a 19.78 P/E ratio. The Community Banking segment accepts time and demand deposits; and originates commercial and consumer loans.

The stock increased 0.83% or $0.34 during the last trading session, reaching $41.29. About 49,276 shares traded. S&T Bancorp, Inc. (NASDAQ:STBA) has risen 17.71% since April 17, 2017 and is uptrending. It has outperformed by 6.16% the S&P500.

Analysts await S&T Bancorp, Inc. (NASDAQ:STBA) to report earnings on April, 19. They expect $0.70 EPS, up 34.62 % or $0.18 from last year’s $0.52 per share. STBA’s profit will be $24.50 million for 14.75 P/E if the $0.70 EPS becomes a reality. After $0.65 actual EPS reported by S&T Bancorp, Inc. for the previous quarter, Wall Street now forecasts 7.69 % EPS growth.

S&T Bank Pa holds 8.68% of its portfolio in S&T Bancorp, Inc. for 1.29 million shares. First Commonwealth Financial Corp Pa owns 147,334 shares or 6.2% of their US portfolio. Moreover, Maltese Capital Management Llc has 0.43% invested in the company for 142,337 shares. The Pennsylvania-based Sageworth Trust Co has invested 0.28% in the stock. Zebra Capital Management Llc, a Connecticut-based fund reported 18,933 shares.#img1#

Since January 1, 0001, it had 0 insider purchases, and 2 sales for $247,994 activity.

S&T Bancorp, Inc. (NASDAQ:STBA) Ratings Coverage

Ratings analysis reveals 0 of S&T Bancorp’s analysts are positive. Out of 2 Wall Street analysts rating S&T Bancorp, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $36.5 while the high is $46.5. The stock’s average target of $41.50 is 0.51% above today’s ($41.29) share price. STBA was included in 4 notes of analysts from October 19, 2017. Keefe Bruyette & Woods maintained it with “Hold” rating and $41.5 target in Friday, October 20 report. The stock of S&T Bancorp, Inc. (NASDAQ:STBA) has “Hold” rating given on Thursday, October 19 by Piper Jaffray. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Thursday, December 21 report. Keefe Bruyette & Woods maintained the shares of STBA in report on Monday, February 26 with “Hold” rating.

S&T Bancorp, Inc. (NASDAQ:STBA) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.