SB Financial Group (NASDAQ:SBFG) Stock Price Crosses Below Two Hundred Day Moving Average of $14.20

SB Financial Group, Inc. (NASDAQ:SBFG)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $14.20 and traded as low as $13.93. SB Financial Group shares last traded at $13.93, with a volume of 655 shares trading hands.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on SB Financial Group in a research report on Saturday. They set a “hold” rating on the stock.

SB Financial Group Stock Performance

The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.93 and a current ratio of 0.94. The company has a market cap of $94.38 million, a price-to-earnings ratio of 7.94 and a beta of 0.68. The company has a fifty day moving average of $14.33 and a two-hundred day moving average of $14.20.

SB Financial Group (NASDAQ:SBFG) last announced its earnings results on Thursday, January 25th. The financial services provider reported $0.57 EPS for the quarter, topping the consensus estimate of $0.35 by $0.22. The firm had revenue of $15.12 million for the quarter, compared to the consensus estimate of $13.40 million. SB Financial Group had a return on equity of 10.24% and a net margin of 15.94%. Equities research analysts anticipate that SB Financial Group, Inc. will post 1.49 EPS for the current year.

SB Financial Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 23rd. Stockholders of record on Friday, February 9th were given a $0.135 dividend. This represents a $0.54 annualized dividend and a dividend yield of 3.88%. The ex-dividend date was Thursday, February 8th. SB Financial Group’s dividend payout ratio (DPR) is presently 30.86%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Alliancebernstein L.P. increased its holdings in SB Financial Group by 3.1% during the 2nd quarter. Alliancebernstein L.P. now owns 559,499 shares of the financial services provider’s stock worth $7,061,000 after purchasing an additional 17,054 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in SB Financial Group by 5.9% during the 1st quarter. The Manufacturers Life Insurance Company now owns 489,176 shares of the financial services provider’s stock worth $9,739,000 after purchasing an additional 27,065 shares in the last quarter. Cutler Capital Management LLC increased its holdings in SB Financial Group by 0.7% during the 2nd quarter. Cutler Capital Management LLC now owns 399,040 shares of the financial services provider’s stock worth $5,036,000 after purchasing an additional 2,742 shares in the last quarter. Vanguard Group Inc. increased its holdings in SB Financial Group by 4.6% during the 1st quarter. Vanguard Group Inc. now owns 304,864 shares of the financial services provider’s stock worth $6,070,000 after purchasing an additional 13,343 shares in the last quarter. Finally, Pinnacle Holdings LLC increased its holdings in SB Financial Group by 5.1% during the 1st quarter. Pinnacle Holdings LLC now owns 164,742 shares of the financial services provider’s stock worth $3,280,000 after purchasing an additional 7,953 shares in the last quarter. 66.67% of the stock is owned by institutional investors.

SB Financial Group Company Profile

SB Financial Group, Inc operates as the financial holding company for the State Bank and Trust Company that provides a range of commercial banking and wealth management services to individual and corporate customers primarily in Ohio, Indiana, and Michigan. It offers checking, savings, money market accounts, as well as time certificates of deposit; and commercial, consumer, agricultural, and residential mortgage loans.