SB Financial Group, Inc. (NASDAQ:SBFG – Get Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $14.18 and traded as low as $13.64. SB Financial Group shares last traded at $13.64, with a volume of 1,443 shares.
Analyst Ratings Changes
Separately, StockNews.com assumed coverage on shares of SB Financial Group in a research note on Tuesday. They set a “hold” rating on the stock.
View Our Latest Stock Analysis on SBFG
SB Financial Group Stock Performance
SB Financial Group Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 24th. Stockholders of record on Friday, May 10th will be issued a dividend of $0.14 per share. This is a positive change from SB Financial Group’s previous quarterly dividend of $0.14. This represents a $0.56 annualized dividend and a dividend yield of 4.11%. The ex-dividend date is Thursday, May 9th. SB Financial Group’s dividend payout ratio is presently 30.86%.
Hedge Funds Weigh In On SB Financial Group
An institutional investor recently raised its position in SB Financial Group stock. PL Capital Advisors LLC grew its holdings in SB Financial Group, Inc. (NASDAQ:SBFG – Free Report) by 4.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 28,159 shares of the financial services provider’s stock after acquiring an additional 1,123 shares during the period. PL Capital Advisors LLC owned about 0.41% of SB Financial Group worth $380,000 as of its most recent SEC filing. 66.67% of the stock is currently owned by institutional investors and hedge funds.
About SB Financial Group
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.
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