SB Financial Group (NASDAQ:SBFG) Stock Passes Below Two Hundred Day Moving Average – Here’s Why

Shares of SB Financial Group, Inc. (NASDAQ:SBFG) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $20.34 and traded as low as $18.94. SB Financial Group shares last traded at $19.25, with a volume of 26,083 shares.

SB Financial Group Stock Performance

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 business has a 50 day moving average price of $21.59 and a two-hundred day moving average price of $20.34. The company has a market cap of $128.05 million, a P/E ratio of 11.19 and a beta of 0.80.

SB Financial Group (NASDAQ:SBFG) last released its earnings results on Thursday, January 23rd. The financial services provider reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.11. SB Financial Group had a return on equity of 8.98% and a net margin of 14.10%. On average, sell-side analysts anticipate that SB Financial Group, Inc. will post 2 earnings per share for the current year.

SB Financial Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a $0.145 dividend. This represents a $0.58 dividend on an annualized basis and a dividend yield of 3.01%. The ex-dividend date was Friday, February 14th. SB Financial Group’s dividend payout ratio (DPR) is presently 33.72%.

Institutional Investors Weigh In On SB Financial Group

A number of hedge funds and other institutional investors have recently modified their holdings of SBFG. PL Capital Advisors LLC raised its position in SB Financial Group by 1,991.0% during the 4th quarter. PL Capital Advisors LLC now owns 588,805 shares of the financial services provider’s stock valued at $12,312,000 after purchasing an additional 560,646 shares during the last quarter. Dimensional Fund Advisors LP raised its position in SB Financial Group by 3.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 164,832 shares of the financial services provider’s stock valued at $3,447,000 after purchasing an additional 5,137 shares during the last quarter. Bridgeway Capital Management LLC raised its position in SB Financial Group by 2.6% during the 4th quarter. Bridgeway Capital Management LLC now owns 75,127 shares of the financial services provider’s stock valued at $1,571,000 after purchasing an additional 1,875 shares during the last quarter. Geode Capital Management LLC raised its position in SB Financial Group by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 71,749 shares of the financial services provider’s stock valued at $1,501,000 after purchasing an additional 673 shares during the last quarter. Finally, Empowered Funds LLC raised its position in SB Financial Group by 5.0% during the 4th quarter. Empowered Funds LLC now owns 39,637 shares of the financial services provider’s stock valued at $829,000 after purchasing an additional 1,875 shares during the last quarter. Institutional investors 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.