SB Financial Group (NASDAQ:SBFG) Receives New Coverage from Analysts at StockNews.com

Analysts at StockNews.com started coverage on shares of SB Financial Group (NASDAQ:SBFG) in a research report issued on Tuesday. The brokerage set a “hold” rating on the financial services provider’s stock.

SB Financial Group Stock Down 0.5 %

SBFG stock opened at $13.64 on Tuesday. The company has a fifty day moving average of $13.79 and a 200-day moving average of $14.18. The stock has a market capitalization of $92.62 million, a PE ratio of 7.79 and a beta of 0.68. SB Financial Group has a one year low of $11.82 and a one year high of $16.25. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.93 and a current ratio of 0.94.

Institutional Investors Weigh In On SB Financial Group

A hedge fund recently raised its stake in SB Financial Group stock. PL Capital Advisors LLC grew its holdings in shares of SB Financial Group, Inc. (NASDAQ:SBFG) by 4.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,159 shares of the financial services provider’s stock after purchasing an additional 1,123 shares during the period. PL Capital Advisors LLC owned approximately 0.41% of SB Financial Group worth $380,000 as of its most recent filing with the Securities and Exchange Commission. 66.67% of the stock is currently owned by institutional investors and hedge funds.

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.