SB Financial Group (NASDAQ:SBFG) Stock Price Crosses Below 200 Day Moving Average - Should You Sell?

Key Points

• SB Financial Group's stock price has dropped below its 200-day moving average of $19.95, trading at $19.73.
• Wall Street analysts recently upgraded SB Financial Group from a "hold" to a "buy" rating, signaling potential positive market sentiment.
• The company announced a quarterly dividend of $0.15 per share, which reflects an annualized yield of 3.04% and is set to be paid on August 29th.

SB Financial Group, Inc. (NASDAQ:SBFG - Get Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $19.95 and traded as low as $19.31. SB Financial Group shares last traded at $19.73, with a volume of 13,235 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised shares of SB Financial Group from a "hold" rating to a "buy" rating in a report on Saturday.

SB Financial Group Stock Down 0.4%

The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 0.93. The company has a market capitalization of $128.84 million, a price-to-earnings ratio of 10.78 and a beta of 0.25. The stock's fifty day simple moving average is $18.84 and its two-hundred day simple moving average is $19.95.

SB Financial Group (NASDAQ:SBFG - Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The financial services provider reported $0.58 earnings per share for the quarter, beating analysts' consensus estimates of $0.54 by $0.04. SB Financial Group had a net margin of 13.78% and a return on equity of 9.63%. The company had revenue of $17.02 million during the quarter, compared to the consensus estimate of $11.80 million. On average, sell-side analysts anticipate that SB Financial Group, Inc. will post 2 EPS for the current year.

SB Financial Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Friday, August 15th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 3.04%. The ex-dividend date is Friday, August 15th. SB Financial Group's dividend payout ratio is presently 35.29%.

Insider Buying and Selling

In other news, Director Timothy L. Claxton acquired 2,000 shares of SB Financial Group stock in a transaction on Monday, June 23rd. The stock was bought at an average cost of $17.64 per share, with a total value of $35,280.00. Following the completion of the purchase, the director owned 10,127 shares of the company's stock, valued at $178,640.28. This represents a 24.61% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 5.71% of the company's stock.

Institutional Trading of SB Financial Group

Hedge funds have recently bought and sold shares of the company. Jane Street Group LLC purchased a new stake in SB Financial Group during the fourth quarter valued at about $208,000. Northern Trust Corp lifted its stake in 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 valued at $525,000 after buying an additional 7,370 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in SB Financial Group by 3.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 164,832 shares of the financial services provider's stock valued at $3,447,000 after buying an additional 5,137 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its stake in SB Financial Group by 189.3% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 34,114 shares of the financial services provider's stock valued at $713,000 after buying an additional 22,321 shares in the last quarter. Finally, Bridgeway Capital Management LLC lifted its stake in SB Financial Group by 2.6% during the fourth quarter. Bridgeway Capital Management LLC now owns 75,127 shares of the financial services provider's stock valued at $1,571,000 after buying an additional 1,875 shares in the last quarter. 66.67% of the stock is owned by hedge funds and other institutional investors.

About SB Financial Group

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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