SB Financial Group (NASDAQ:SBFG) Stock Price Crosses Above 50-Day Moving Average – Should You Sell?

SB Financial Group, Inc. (NASDAQ:SBFG) shares passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $21.47 and traded as high as $24.23. SB Financial Group shares last traded at $24.00, with a volume of 8,721 shares changing hands.

SB Financial Group Stock Performance

The business’s 50-day simple moving average is $21.47 and its two-hundred day simple moving average is $19.51. The company has a quick ratio of 0.91, a current ratio of 0.92 and a debt-to-equity ratio of 0.41. The firm has a market cap of $159.60 million, a price-to-earnings ratio of 13.95 and a beta of 0.77.

SB Financial Group (NASDAQ:SBFG) last released its quarterly earnings results on Thursday, January 23rd. The financial services provider reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.11. SB Financial Group had a return on equity of 8.98% and a net margin of 14.10%. As a group, sell-side analysts expect that SB Financial Group, Inc. will post 1.78 earnings per share for the current fiscal year.

SB Financial Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a dividend of $0.145 per share. The ex-dividend date is Friday, February 14th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 2.42%. SB Financial Group’s dividend payout ratio (DPR) is 33.72%.

Institutional Investors Weigh In On SB Financial Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Barclays PLC grew its position in shares of SB Financial Group by 325.1% in the third quarter. Barclays PLC now owns 1,271 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 972 shares during the period. Empowered Funds LLC lifted its stake in SB Financial Group by 5.0% in the 4th quarter. Empowered Funds LLC now owns 39,637 shares of the financial services provider’s stock valued at $829,000 after buying an additional 1,875 shares in the last quarter. Geode Capital Management LLC boosted its holdings in SB Financial Group by 3.5% in the 3rd quarter. Geode Capital Management LLC now owns 71,076 shares of the financial services provider’s stock worth $1,462,000 after buying an additional 2,416 shares during the last quarter. Jones Financial Companies Lllp purchased a new stake in SB Financial Group during the 4th quarter worth approximately $62,000. Finally, Ritholtz Wealth Management acquired a new position in shares of SB Financial Group during the fourth quarter valued at approximately $408,000. Hedge funds and other institutional investors own 66.67% of the company’s stock.

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.