Jones Financial Companies Lllp Makes New Investment in SB Financial Group, Inc. (NASDAQ:SBFG)

Jones Financial Companies Lllp purchased a new position in shares of SB Financial Group, Inc. (NASDAQ:SBFG) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 2,986 shares of the financial services provider’s stock, valued at approximately $62,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Barclays PLC raised its position in shares of SB Financial Group by 325.1% during the 3rd quarter. Barclays PLC now owns 1,271 shares of the financial services provider’s stock worth $26,000 after buying an additional 972 shares in the last quarter. Ritholtz Wealth Management acquired a new position in shares of SB Financial Group in the 4th quarter worth approximately $408,000. Empowered Funds LLC grew its stake in shares of 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 worth $776,000 after purchasing an additional 1,876 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of SB Financial Group by 3.5% in the 3rd quarter. Geode Capital Management LLC now owns 71,076 shares of the financial services provider’s stock worth $1,462,000 after purchasing an additional 2,416 shares during the last quarter. Finally, PL Capital Advisors LLC grew its stake in shares of SB Financial Group by 1,991.0% in the 4th quarter. PL Capital Advisors LLC now owns 588,805 shares of the financial services provider’s stock worth $12,312,000 after purchasing an additional 560,646 shares during the last quarter. 66.67% of the stock is currently owned by institutional investors.

SB Financial Group Stock Performance

Shares of SBFG opened at $19.82 on Tuesday. The firm’s 50 day moving average is $21.40 and its 200-day moving average is $20.48. The stock has a market capitalization of $129.52 million, a P/E ratio of 11.52 and a beta of 0.80. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.92 and a quick ratio of 0.91. SB Financial Group, Inc. has a 12-month low of $13.01 and a 12-month high of $24.48.

SB Financial Group (NASDAQ:SBFG) last announced its quarterly earnings data on Thursday, January 23rd. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate 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 2 EPS for the current fiscal year.

SB Financial Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a $0.145 dividend. The ex-dividend date was Friday, February 14th. This represents a $0.58 annualized dividend and a dividend yield of 2.93%. 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.