2 weeks Ago By ABMN Staff
Bank of Montreal Can lifted its holdings in S&T Bancorp, Inc. ( NASDAQ:STBA – Free Report ) by 7.7% during the 4th quarter, HoldingsChannel.
com reports. The institutional investor owned 7,550 shares of the financial services provider’s stock after purchasing an additional 540 shares during the period. Bank of Montreal Can’s holdings in S&T Bancorp were worth $289,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Stifel Financial Corp lifted its stake in S&T Bancorp by 2.3% in the 3rd quarter.
Stifel Financial Corp now owns 13,646 shares of the financial services provider’s stock worth $573,000 after purchasing an additional 303 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of S&T Bancorp by 35.2% in the third quarter.
Jane Street Group LLC now owns 43,214 shares of the financial services provider’s stock valued at $1,814,000 after purchasing an additional 11,252 shares during the last quarter. Barclays PLC lifted its position in S&T Bancorp by 124.4% during the third quarter.
Barclays PLC now owns 74,236 shares of the financial services provider’s stock worth $3,116,000 after buying an additional 41,148 shares in the last quarter. Geode Capital Management LLC boosted its stake in S&T Bancorp by 1.2% during the third quarter.
Geode Capital Management LLC now owns 925,490 shares of the financial services provider’s stock worth $38,850,000 after buying an additional 10,603 shares during the last quarter. Finally, Tidal Investments LLC purchased a new stake in S&T Bancorp in the 3rd quarter valued at $220,000. 65.
22% of the stock is currently owned by institutional investors and hedge funds. S&T Bancorp Stock Up 1.3 % NASDAQ STBA opened at $36.
19 on Thursday. The business’s fifty day simple moving average is $37.10 and its 200-day simple moving average is $38.
98. The company has a quick ratio of 0.99, a current ratio of 0.
99 and a debt-to-equity ratio of 0.07. The firm has a market cap of $1.
38 billion, a PE ratio of 10.61 and a beta of 0.75.
S&T Bancorp, Inc. has a 52 week low of $29.85 and a 52 week high of $45.
79. S&T Bancorp Announces Dividend The company also recently announced a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Thursday, February 13th were given a $0.
34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 3.
76%. The ex-dividend date of this dividend was Thursday, February 13th. S&T Bancorp’s payout ratio is 39.
88%. Insider Buying and Selling In related news, Director Bhaskar Ramachandran purchased 764 shares of the company’s stock in a transaction on Thursday, February 13th. The shares were bought at an average cost of $39.
25 per share, for a total transaction of $29,987.00. Following the completion of the purchase, the director now directly owns 1,251 shares of the company’s stock, valued at approximately $49,101.
75. This trade represents a 156.88 % increase in their position.
The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link . 1.23% of the stock is owned by insiders.
About S&T Bancorp ( Free Report ) S&T Bancorp, Inc is a bank holding company, which engages in the provision of consumer, commercial, and small business banking services. It operates through the following segments: Commercial Real Estate, Commercial and Industrial, Commercial Construction, Business Banking, Consumer Real Estate, and Other Consumer. See Also Want to see what other hedge funds are holding STBA? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for S&T Bancorp, Inc. ( NASDAQ:STBA – Free Report ). Receive News & Ratings for S&T Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for S&T Bancorp and related companies with MarketBeat.
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