SB Financial Group (NASDAQ:SBFG) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

SB Financial Group, Inc. (NASDAQ:SBFG) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $19.57 and traded as low as $18.16. SB Financial Group shares last traded at $18.85, with a volume of 5,868 shares trading hands.

Wall Street Analyst Weigh In

A number of brokerages recently commented on SBFG. Wall Street Zen raised shares of SB Financial Group from a “hold” rating to a “buy” rating in a research note on Saturday, July 26th. Weiss Ratings reissued a “buy (b-)” rating on shares of SB Financial Group in a research note on Wednesday, October 8th. Finally, Zacks Research cut shares of SB Financial Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 30th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

SB Financial Group Price Performance

The firm has a market capitalization of $119.32 million, a PE ratio of 10.30 and a beta of 0.28. The company has a 50-day moving average price of $20.16 and a 200-day moving average price of $19.57. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.93 and a quick ratio of 0.92.

SB Financial Group (NASDAQ:SBFG) last released its quarterly earnings results on Thursday, October 30th. The financial services provider reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.06. SB Financial Group had a net margin of 13.78% and a return on equity of 9.57%. The company had revenue of $16.88 million for the quarter, compared to analysts’ expectations of $12.30 million. Sell-side analysts forecast that SB Financial Group, Inc. will post 2 EPS for the current year.

SB Financial Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, November 14th will be paid a dividend of $0.155 per share. The ex-dividend date of this dividend is Friday, November 14th. This represents a $0.62 annualized dividend and a dividend yield of 3.3%. This is an increase from SB Financial Group’s previous quarterly dividend of $0.15. SB Financial Group’s dividend payout ratio is 32.79%.

Institutional Investors Weigh In On SB Financial Group

Hedge funds have recently modified their holdings of the company. Bank of America Corp DE boosted its stake in shares of SB Financial Group by 4,732.7% during the 2nd quarter. Bank of America Corp DE now owns 2,658 shares of the financial services provider’s stock worth $51,000 after purchasing an additional 2,603 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of SB Financial Group by 23,475.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,829 shares of the financial services provider’s stock worth $54,000 after purchasing an additional 2,817 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in shares of SB Financial Group by 8,594.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,956 shares of the financial services provider’s stock worth $57,000 after purchasing an additional 2,922 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of SB Financial Group during the 2nd quarter worth about $62,000. Finally, New York State Common Retirement Fund acquired a new stake in shares of SB Financial Group during the 2nd quarter worth about $107,000. 66.67% of the stock is 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.