SB Financial Group (NASDAQ:SBFG) Share Price Crosses Below 200 Day Moving Average of $14.28

SB Financial Group, Inc. (NASDAQ:SBFG) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $14.28 and traded as low as $13.84. SB Financial Group shares last traded at $14.13, with a volume of 1,815 shares trading hands.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on SB Financial Group in a research note on Tuesday, June 25th. They issued a “hold” rating on the stock.

SB Financial Group Price Performance

The firm has a market capitalization of $95.52 million, a price-to-earnings ratio of 8.07 and a beta of 0.73. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.90 and a quick ratio of 0.89. The stock’s 50 day moving average price is $13.84 and its two-hundred day moving average price is $14.28.

SB Financial Group (NASDAQ:SBFG) last posted its quarterly earnings results on Thursday, April 18th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.03. The company had revenue of $13.13 million for the quarter, compared to analyst estimates of $13.50 million. SB Financial Group had a net margin of 15.47% and a return on equity of 10.00%. On average, equities research analysts anticipate that SB Financial Group, Inc. will post 1.41 EPS for the current year.

SB Financial Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 24th. Shareholders of record on Friday, May 10th were paid a dividend of $0.14 per share. This is a boost from SB Financial Group’s previous quarterly dividend of $0.14. The ex-dividend date was Thursday, May 9th. This represents a $0.56 dividend on an annualized basis and a yield of 3.96%. SB Financial Group’s dividend payout ratio (DPR) is currently 32.00%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in SB Financial Group stock. Empowered Funds LLC raised its stake in shares of SB Financial Group, Inc. (NASDAQ:SBFG) by 7.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 33,366 shares of the financial services provider’s stock after buying an additional 2,450 shares during the quarter. Empowered Funds LLC owned about 0.49% of SB Financial Group worth $460,000 at the end of the most recent reporting period. 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.