SB Financial Group (NASDAQ:SBFG) Stock Passes Below 200-Day Moving Average - What's Next?

SB Financial Group, Inc. (NASDAQ:SBFG - Get Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $20.64 and traded as low as $19.07. SB Financial Group shares last traded at $19.65, with a volume of 57,398 shares changing hands.

SB Financial Group Price Performance

The business's 50-day simple moving average is $19.96 and its two-hundred day simple moving average is $20.64. The stock has a market cap of $124.15 million, a price-to-earnings ratio of 11.05 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 data on Thursday, January 23rd. The financial services provider reported $0.52 earnings per share for the quarter, topping 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%. Research analysts expect that SB Financial Group, Inc. will post 2 earnings per share for the current year.

SB Financial Group Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, May 16th. This represents a $0.60 annualized dividend and a dividend yield of 3.16%. This is an increase from SB Financial Group's previous quarterly dividend of $0.15. SB Financial Group's dividend payout ratio (DPR) is presently 34.88%.

Hedge Funds Weigh In On SB Financial Group

A number of institutional investors and hedge funds have recently modified their holdings of the business. Barclays PLC grew its stake in shares of SB Financial Group by 325.1% in the 3rd quarter. Barclays PLC now owns 1,271 shares of the financial services provider's stock valued at $26,000 after buying an additional 972 shares during the period. Jones Financial Companies Lllp bought a new stake in SB Financial Group during the 4th quarter valued at $62,000. Jane Street Group LLC acquired a new position in SB Financial Group during the fourth quarter worth $208,000. Ritholtz Wealth Management bought a new position in shares of SB Financial Group in the fourth quarter valued at $408,000. Finally, Northern Trust Corp increased its position in shares of SB Financial Group by 41.5% during the fourth quarter. Northern Trust Corp now owns 25,108 shares of the financial services provider's stock worth $525,000 after acquiring an additional 7,370 shares in the last quarter. 66.67% of the stock is currently owned by institutional investors.

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.