Empowered Funds LLC Grows Holdings in SB Financial Group, Inc. (NASDAQ:SBFG)

Empowered Funds LLC grew its position in shares of SB Financial Group, Inc. (NASDAQ:SBFG) by 5.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 39,637 shares of the financial services provider’s stock after purchasing an additional 1,875 shares during the period. Empowered Funds LLC owned 0.60% of SB Financial Group worth $829,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Geode Capital Management LLC boosted its position in SB Financial Group by 3.5% during the third quarter. Geode Capital Management LLC now owns 71,076 shares of the financial services provider’s stock worth $1,462,000 after acquiring an additional 2,416 shares during the last quarter. Ritholtz Wealth Management purchased a new position in shares of SB Financial Group during the 4th quarter worth $408,000. Finally, Barclays PLC boosted its holdings in shares of SB Financial Group by 325.1% during the third quarter. Barclays PLC now owns 1,271 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 972 shares during the last quarter. 66.67% of the stock is currently owned by hedge funds and other institutional investors.

SB Financial Group Stock Performance

SB Financial Group stock opened at $23.42 on Tuesday. The stock has a fifty day moving average price of $21.67 and a 200 day moving average price of $19.77. SB Financial Group, Inc. has a 52 week low of $13.01 and a 52 week high of $24.48. The firm has a market capitalization of $155.74 million, a P/E ratio of 13.62 and a beta of 0.77. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 0.41.

SB Financial Group (NASDAQ:SBFG) last posted its quarterly earnings data on Thursday, January 23rd. The financial services provider reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.11. SB Financial Group had a net margin of 14.10% and a return on equity of 8.98%. Equities research analysts anticipate that SB Financial Group, Inc. will post 1.78 earnings per share for the current year.

SB Financial Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.145 per share. This represents a $0.58 dividend on an annualized basis and a yield of 2.48%. The ex-dividend date of this dividend is Friday, February 14th. SB Financial Group’s dividend payout ratio is currently 33.72%.

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.