SB Financial Group (NASDAQ:SBFG) Stock Crosses Below Two Hundred Day Moving Average - Here's Why

SB Financial Group, Inc. (NASDAQ:SBFG - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $20.80 and traded as low as $18.86. SB Financial Group shares last traded at $19.25, with a volume of 23,477 shares.

SB Financial Group Trading Down 2.8 %

The company's fifty day simple moving average is $20.94 and its 200-day simple moving average is $20.73. The firm has a market capitalization of $115.93 million, a PE ratio of 10.31 and a beta of 0.48. 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 (NASDAQ:SBFG - Get Free Report) last issued its quarterly 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 net margin of 14.10% and a return on equity of 8.98%. As a group, sell-side analysts expect that SB Financial Group, Inc. will post 2 earnings per share for the current fiscal year.

SB Financial Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a dividend of $0.145 per share. This represents a $0.58 annualized dividend and a dividend yield of 3.27%. The ex-dividend date was Friday, February 14th. SB Financial Group's payout ratio is 33.72%.

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Institutional Investors Weigh In On SB Financial Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. PL Capital Advisors LLC lifted its stake in shares of SB Financial Group by 1,991.0% in the fourth quarter. PL Capital Advisors LLC now owns 588,805 shares of the financial services provider's stock worth $12,312,000 after buying an additional 560,646 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its stake in SB Financial Group by 189.3% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 34,114 shares of the financial services provider's stock worth $713,000 after purchasing an additional 22,321 shares in the last quarter. Ritholtz Wealth Management acquired a new position in shares of SB Financial Group during the 4th quarter worth approximately $408,000. Jane Street Group LLC purchased a new stake in shares of SB Financial Group in the fourth quarter valued at approximately $208,000. Finally, Northern Trust Corp increased its holdings in shares of SB Financial Group by 41.5% in the fourth quarter. Northern Trust Corp now owns 25,108 shares of the financial services provider's stock valued at $525,000 after purchasing an additional 7,370 shares during the last quarter. Institutional investors and hedge funds own 66.67% of the company's stock.

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.