SB Financial Group (NASDAQ:SBFG) Share Price Passes Above Fifty Day Moving Average - Here's Why

SB Financial Group, Inc. (NASDAQ:SBFG - Get Free Report)'s stock price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $21.47 and traded as high as $24.23. SB Financial Group shares last traded at $24.00, with a volume of 8,721 shares trading hands.

SB Financial Group Stock Down 1.5 %

The company has a 50-day simple moving average of $21.64 and a 200-day simple moving average of $19.68. The firm has a market cap of $155.79 million, a PE ratio of 13.62 and a beta of 0.77. 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 announced its earnings results on Thursday, January 23rd. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.11. SB Financial Group had a return on equity of 8.98% and a net margin of 14.10%. Analysts expect that SB Financial Group, Inc. will post 1.78 earnings per share for the current fiscal year.

SB Financial Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be issued a $0.145 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 2.48%. SB Financial Group's payout ratio is 33.72%.

Institutional Trading of SB Financial Group

Large investors have recently modified their holdings of the company. Barclays PLC lifted its holdings in SB Financial Group by 325.1% during the third quarter. Barclays PLC now owns 1,271 shares of the financial services provider's stock worth $26,000 after buying an additional 972 shares during the period. Geode Capital Management LLC lifted its holdings in SB Financial Group by 3.5% during the third quarter. Geode Capital Management LLC now owns 71,076 shares of the financial services provider's stock worth $1,462,000 after buying an additional 2,416 shares during the period. Ritholtz Wealth Management purchased a new stake in SB Financial Group during the fourth quarter worth $408,000. Empowered Funds LLC lifted its holdings in SB Financial Group by 5.2% during the third quarter. Empowered Funds LLC now owns 37,762 shares of the financial services provider's stock worth $776,000 after buying an additional 1,876 shares during the period. Finally, Jane Street Group LLC purchased a new stake in SB Financial Group during the fourth quarter worth $208,000. Hedge funds and other institutional investors 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.