Jones Financial Companies Lllp Acquires New Position in SB Financial Group, Inc. (NASDAQ:SBFG)

Jones Financial Companies Lllp acquired a new stake in shares of SB Financial Group, Inc. (NASDAQ:SBFG) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 2,986 shares of the financial services provider’s stock, valued at approximately $62,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SBFG. Empowered Funds LLC grew its position in SB Financial Group by 5.2% during the third quarter. Empowered Funds LLC now owns 37,762 shares of the financial services provider’s stock valued at $776,000 after purchasing an additional 1,876 shares in the last quarter. Barclays PLC grew its position in SB Financial Group by 325.1% during 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 in the last quarter. Geode Capital Management LLC grew its position in SB Financial Group by 3.5% during the third quarter. Geode Capital Management LLC now owns 71,076 shares of the financial services provider’s stock valued at $1,462,000 after purchasing an additional 2,416 shares in the last quarter. Ritholtz Wealth Management purchased a new position in SB Financial Group during the fourth quarter valued at approximately $408,000. Finally, PL Capital Advisors LLC grew its position in SB Financial Group by 1,991.0% during the fourth quarter. PL Capital Advisors LLC now owns 588,805 shares of the financial services provider’s stock valued at $12,312,000 after purchasing an additional 560,646 shares in the last quarter. 66.67% of the stock is owned by hedge funds and other institutional investors.

SB Financial Group Price Performance

NASDAQ SBFG opened at $19.82 on Tuesday. 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 stock has a market capitalization of $129.52 million, a PE ratio of 11.52 and a beta of 0.80. The company has a 50 day moving average price of $21.40 and a two-hundred day moving average price of $20.48. SB Financial Group, Inc. has a 12-month low of $13.01 and a 12-month high of $24.48.

SB Financial Group (NASDAQ:SBFG) last posted its earnings results on Thursday, January 23rd. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.11. SB Financial Group had a net margin of 14.10% and a return on equity of 8.98%. As a group, equities analysts predict that SB Financial Group, Inc. will post 2 earnings per share for the current fiscal year.

SB Financial Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a $0.145 dividend. This represents a $0.58 dividend on an annualized basis and a yield of 2.93%. The ex-dividend date was Friday, February 14th. SB Financial Group’s dividend payout ratio (DPR) is presently 33.72%.

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.