SB Financial Group (NASDAQ:SBFG) Coverage Initiated by Analysts at StockNews.com

Analysts at StockNews.com began coverage on shares of SB Financial Group (NASDAQ:SBFG – Get Rating) in a note issued to investors on Thursday. The brokerage set a “hold” rating on the financial services provider’s stock.

Separately, TheStreet lowered SB Financial Group from a “b-” rating to a “c+” rating in a research note on Thursday, May 11th.

SB Financial Group Price Performance

SB Financial Group stock opened at $12.84 on Thursday. SB Financial Group has a one year low of $11.82 and a one year high of $18.86. The stock’s fifty day moving average price is $13.77 and its two-hundred day moving average price is $15.67. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.88 and a quick ratio of 0.88. The firm has a market cap of $88.85 million, a PE ratio of 7.47 and a beta of 0.80.

SB Financial Group (NASDAQ:SBFG – Get Rating) last issued its quarterly earnings results on Thursday, April 20th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.06). SB Financial Group had a net margin of 18.68% and a return on equity of 9.89%. The business had revenue of $13.99 million during the quarter, compared to the consensus estimate of $14.30 million. As a group, research analysts expect that SB Financial Group will post 1.52 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Timothy L. Claxton acquired 3,000 shares of SB Financial Group stock in a transaction that occurred on Tuesday, May 16th. The shares were acquired at an average price of $12.58 per share, for a total transaction of $37,740.00. Following the transaction, the director now directly owns 4,175 shares of the company’s stock, valued at approximately $52,521.50. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have bought 7,467 shares of company stock worth $99,439 in the last 90 days. Insiders own 4.08% of the company’s stock.

Institutional Investors Weigh In On SB Financial Group

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Susquehanna International Group LLP acquired a new position in SB Financial Group during the 1st quarter worth about $289,000. Jane Street Group LLC acquired a new position in SB Financial Group during the 1st quarter worth about $216,000. Geode Capital Management LLC lifted its holdings in SB Financial Group by 2.2% during the 1st quarter. Geode Capital Management LLC now owns 62,419 shares of the financial services provider’s stock worth $882,000 after buying an additional 1,320 shares during the period. Pinnacle Holdings LLC lifted its holdings in SB Financial Group by 3.9% during the 1st quarter. Pinnacle Holdings LLC now owns 169,408 shares of the financial services provider’s stock worth $2,394,000 after buying an additional 6,350 shares during the period. Finally, HRT Financial LP acquired a new position in SB Financial Group during the 1st quarter worth about $292,000. Institutional investors own 49.93% of the company’s stock.

SB Financial Group Company Profile

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SB Financial Group, Inc is a financial holding company, which engages in the provision of commercial banking and wealth management solutions. The company offers checking, savings, e-services, mortgage loans, mortgage applications, mortgage tool, credit cards, and loans and lines services. It also provides investment and asset management, retirement services, insurance, business succession planning, and brokerage services.