SB Financial Group, Inc. (NASDAQ:SBFG) Short Interest Update

SB Financial Group, Inc. (NASDAQ:SBFGGet Rating) was the target of a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 5,600 shares, a drop of 38.5% from the March 31st total of 9,100 shares. Based on an average daily trading volume, of 11,700 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.1% of the shares of the stock are short sold.

SBFG opened at $19.00 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.85 and a quick ratio of 0.84. The business has a 50 day simple moving average of $19.30 and a 200-day simple moving average of $19.26. The stock has a market capitalization of $137.03 million, a P/E ratio of 7.72 and a beta of 1.11. SB Financial Group has a 12 month low of $16.26 and a 12 month high of $20.85.

SB Financial Group (NASDAQ:SBFGGet Rating) last released its quarterly earnings data on Thursday, January 27th. The financial services provider reported $0.42 earnings per share for the quarter. SB Financial Group had a return on equity of 10.78% and a net margin of 25.17%. The firm had revenue of $15.67 million during the quarter. Research analysts anticipate that SB Financial Group will post 1.7 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 27th. Investors of record on Friday, May 13th will be paid a $0.12 dividend. This is an increase from SB Financial Group’s previous quarterly dividend of $0.12. This represents a $0.48 annualized dividend and a yield of 2.53%. The ex-dividend date of this dividend is Thursday, May 12th. SB Financial Group’s dividend payout ratio (DPR) is presently 18.69%.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SBFG. Petiole USA ltd purchased a new position in SB Financial Group in the 4th quarter valued at approximately $4,978,000. Strategic Value Bank Partners LLC purchased a new position in SB Financial Group in the 4th quarter valued at approximately $3,045,000. Alliancebernstein L.P. increased its stake in SB Financial Group by 6.9% in the 4th quarter. Alliancebernstein L.P. now owns 456,468 shares of the financial services provider’s stock valued at $8,979,000 after purchasing an additional 29,397 shares in the last quarter. UBS Group AG increased its stake in SB Financial Group by 8,810.8% in the 3rd quarter. UBS Group AG now owns 8,287 shares of the financial services provider’s stock valued at $150,000 after purchasing an additional 8,194 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in SB Financial Group by 3.5% during the third quarter. Dimensional Fund Advisors LP now owns 141,175 shares of the financial services provider’s stock worth $2,555,000 after buying an additional 4,836 shares in the last quarter. 44.07% of the stock is owned by hedge funds and other institutional investors.

Several analysts have recently commented on the company. Zacks Investment Research raised SB Financial Group from a “sell” rating to a “hold” rating in a report on Thursday, April 14th. StockNews.com assumed coverage on SB Financial Group in a report on Wednesday. They issued a “hold” rating for the company.

About SB Financial Group (Get Rating)

SB Financial Group, Inc 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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