Empowered Funds LLC Acquires 1,876 Shares of SB Financial Group, Inc. (NASDAQ:SBFG)

Empowered Funds LLC grew its stake in SB Financial Group, Inc. (NASDAQ:SBFG) by 5.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,762 shares of the financial services provider’s stock after purchasing an additional 1,876 shares during the period. Empowered Funds LLC owned about 0.56% of SB Financial Group worth $776,000 as of its most recent SEC filing.

Separately, Princeton Capital Management LLC bought a new stake in SB Financial Group in the second quarter valued at about $146,000. 66.67% of the stock is owned by hedge funds and other institutional investors.

SB Financial Group Stock Up 5.0 %

NASDAQ SBFG opened at $21.79 on Friday. SB Financial Group, Inc. has a one year low of $13.01 and a one year high of $21.98. The firm has a market cap of $144.90 million, a PE ratio of 12.52 and a beta of 0.75. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.92 and a quick ratio of 0.91. The stock’s 50 day simple moving average is $19.72 and its 200 day simple moving average is $16.59.

SB Financial Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 8th were paid a dividend of $0.145 per share. This is a boost from SB Financial Group’s previous quarterly dividend of $0.14. This represents a $0.58 annualized dividend and a dividend yield of 2.66%. The ex-dividend date was Friday, November 8th. SB Financial Group’s dividend payout ratio is 33.33%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on SB Financial Group in a research note on Saturday, September 21st. They set a “hold” rating for the company.

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.