SB Financial Group (NASDAQ:SBFG) Shares Pass Below 200 Day Moving Average – Here’s What Happened

SB Financial Group, Inc. (NASDAQ:SBFG)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $20.34 and traded as low as $18.94. SB Financial Group shares last traded at $19.25, with a volume of 26,083 shares traded.

SB Financial Group Price Performance

The company has a market cap of $124.62 million, a price-to-earnings ratio of 11.09 and a beta of 0.80. The company has a fifty day moving average price of $21.49 and a two-hundred day moving average price of $20.38. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 0.41.

SB Financial Group (NASDAQ:SBFG) last announced its quarterly earnings data on Thursday, January 23rd. The financial services provider reported $0.52 earnings per share for the quarter, topping 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%. As a group, equities research analysts anticipate that SB Financial Group, Inc. will post 2 EPS for the current fiscal year.

SB Financial Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a dividend of $0.145 per share. This represents a $0.58 annualized dividend and a dividend yield of 3.04%. The ex-dividend date of this dividend was Friday, February 14th. SB Financial Group’s payout ratio is presently 33.72%.

Institutional Trading of SB Financial Group

Several institutional investors have recently modified their holdings of the company. Bridgeway Capital Management LLC grew its holdings in shares of SB Financial Group by 2.6% during the 4th quarter. Bridgeway Capital Management LLC now owns 75,127 shares of the financial services provider’s stock worth $1,571,000 after purchasing an additional 1,875 shares in the last quarter. Jane Street Group LLC bought a new position in shares of SB Financial Group during the 4th quarter worth approximately $208,000. Northern Trust Corp lifted its position in shares of SB Financial Group by 41.5% during the 4th quarter. Northern Trust Corp now owns 25,108 shares of the financial services provider’s stock worth $525,000 after buying an additional 7,370 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of SB Financial Group by 3.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 164,832 shares of the financial services provider’s stock worth $3,447,000 after buying an additional 5,137 shares during the period. Finally, Geode Capital Management LLC lifted its position in shares of SB Financial Group by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 71,749 shares of the financial services provider’s stock worth $1,501,000 after buying an additional 673 shares during the period. 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.