SB Financial Group, Inc. (NASDAQ:SBFG - Get Free Report)'s stock price crossed 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 traded.
SB Financial Group Stock Up 2.6 %
The company has a quick ratio of 0.91, a current ratio of 0.92 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $127.39 million, a PE ratio of 11.25 and a beta of 0.48. The business's fifty day moving average price is $19.90 and its 200 day moving average price is $20.64.
SB Financial Group Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 16th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, May 16th. This represents a $0.60 dividend on an annualized basis and a yield of 3.08%. This is a boost from SB Financial Group's previous quarterly dividend of $0.15. SB Financial Group's payout ratio is presently 34.88%.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the business. Barclays PLC increased its stake in shares of SB Financial Group by 325.1% in 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 last quarter. Jones Financial Companies Lllp acquired a new position in shares of SB Financial Group during the fourth quarter worth approximately $62,000. Jane Street Group LLC acquired a new stake in SB Financial Group during the fourth quarter valued at approximately $208,000. Ritholtz Wealth Management bought a new position in SB Financial Group in the 4th quarter valued at $408,000. Finally, Northern Trust Corp increased its position in shares of SB Financial Group by 41.5% in the 4th quarter. Northern Trust Corp now owns 25,108 shares of the financial services provider's stock valued at $525,000 after buying an additional 7,370 shares in the last quarter. Hedge funds and other institutional investors own 66.67% of the company's stock.
About SB Financial Group
(
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.
Featured Articles
Before you consider SB Financial Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SB Financial Group wasn't on the list.
While SB Financial Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
