SB Financial Group (NASDAQ:SBFG) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of SB Financial Group (NASDAQ:SBFG) in a research note issued to investors on Wednesday. The brokerage set a “hold” rating on the financial services provider’s stock.

SB Financial Group Stock Performance

SBFG opened at $13.63 on Wednesday. SB Financial Group has a twelve month low of $11.82 and a twelve month high of $16.25. The stock has a market cap of $92.51 million, a PE ratio of 7.79 and a beta of 0.68. The business’s 50 day moving average is $13.68 and its 200-day moving average is $14.19. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 0.83.

Institutional Investors Weigh In On SB Financial Group

Institutional investors have recently bought and sold shares of the stock. Gendell Jeffrey L raised its position in shares of SB Financial Group by 23.5% during the 4th quarter. Gendell Jeffrey L now owns 45,488 shares of the financial services provider’s stock worth $698,000 after buying an additional 8,654 shares in the last quarter. Empowered Funds LLC increased its stake in shares of SB Financial Group by 7.9% during the first quarter. Empowered Funds LLC now owns 33,366 shares of the financial services provider’s stock valued at $460,000 after acquiring an additional 2,450 shares during the period. Finally, PL Capital Advisors LLC raised its holdings in SB Financial Group by 4.2% during the third quarter. PL Capital Advisors LLC now owns 28,159 shares of the financial services provider’s stock worth $380,000 after purchasing an additional 1,123 shares in the last quarter. Institutional investors and hedge funds own 66.67% of the company’s stock.

About SB Financial Group

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.