Barclays PLC Boosts Stake in SB Financial Group, Inc. (NASDAQ:SBFG)

Barclays PLC boosted its stake in SB Financial Group, Inc. (NASDAQ:SBFG) by 325.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,271 shares of the financial services provider’s stock after buying an additional 972 shares during the quarter. Barclays PLC’s holdings in SB Financial Group were worth $26,000 at the end of the most recent reporting period.

Separately, Empowered Funds LLC lifted its stake in SB Financial Group by 5.2% in the 3rd quarter. Empowered Funds LLC now owns 37,762 shares of the financial services provider’s stock valued at $776,000 after buying an additional 1,876 shares in the last quarter. 66.67% of the stock is owned by institutional investors.

SB Financial Group Stock Performance

NASDAQ:SBFG opened at $20.26 on Friday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.91 and a current ratio of 0.92. The stock has a market capitalization of $134.77 million, a P/E ratio of 11.64 and a beta of 0.77. The company has a 50 day moving average price of $20.85 and a 200 day moving average price of $18.34. SB Financial Group, Inc. has a fifty-two week low of $13.01 and a fifty-two week high of $23.00.

SB Financial Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Friday, November 8th were given a $0.145 dividend. This represents a $0.58 annualized dividend and a yield of 2.86%. The ex-dividend date was Friday, November 8th. This is a boost from SB Financial Group’s previous quarterly dividend of $0.14. SB Financial Group’s dividend payout ratio (DPR) is currently 33.33%.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of SB Financial Group in a report on Saturday, September 21st. They issued a “hold” rating for the company.

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.