SB Financial Group, Inc. (NASDAQ:SBFG - Get Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $20.23 and traded as high as $21.93. SB Financial Group shares last traded at $21.65, with a volume of 19,549 shares trading hands.
Analyst Upgrades and Downgrades
Separately, StockNews.com started coverage on shares of SB Financial Group in a report on Saturday, September 21st. They issued a "hold" rating for the company.
Get Our Latest Report on SBFG
SB Financial Group Stock Up 0.4 %
The company has a debt-to-equity ratio of 0.41, a current ratio of 0.92 and a quick ratio of 0.91. The firm has a market capitalization of $144.57 million, a P/E ratio of 12.49 and a beta of 0.77. The firm's fifty day moving average price is $20.26 and its 200-day moving average price is $17.38.
SB Financial Group Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, November 8th were paid a dividend of $0.145 per share. The ex-dividend date was Friday, November 8th. This represents a $0.58 annualized dividend and a yield of 2.67%. 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%.
Institutional Investors Weigh In On SB Financial Group
Hedge funds and other institutional investors have recently bought and sold shares of the business. Geode Capital Management LLC increased its holdings in shares of SB Financial Group by 3.5% in the third quarter. Geode Capital Management LLC now owns 71,076 shares of the financial services provider's stock valued at $1,462,000 after buying an additional 2,416 shares in the last quarter. Empowered Funds LLC grew its holdings 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 acquiring an additional 1,876 shares during the last quarter. Princeton Capital Management LLC acquired a new stake in shares of SB Financial Group during the second quarter worth $146,000. Finally, Barclays PLC lifted 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 valued at $26,000 after purchasing an additional 972 shares during the last quarter. 66.67% of the stock is currently owned by institutional investors.
SB Financial Group Company Profile
(
Get Free Report)
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.
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