SB Financial Group (NASDAQ:SBFG) Stock Price Passes Below Fifty Day Moving Average – Time to Sell?

Shares of SB Financial Group, Inc. (NASDAQ:SBFG) passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $20.99 and traded as low as $20.42. SB Financial Group shares last traded at $20.62, with a volume of 15,891 shares.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Wall Street Zen cut SB Financial Group from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Zacks Research cut SB Financial Group from a “strong-buy” rating to a “hold” rating in a report on Friday, January 2nd. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of SB Financial Group in a report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

SB Financial Group Stock Up 6.2%

The stock has a market cap of $140.93 million, a price-to-earnings ratio of 10.17 and a beta of 0.21. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.39. The stock has a fifty day moving average of $20.98 and a two-hundred day moving average of $20.94.

SB Financial Group (NASDAQ:SBFG) last issued its earnings results on Friday, January 30th. The financial services provider reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.01. SB Financial Group had a return on equity of 10.88% and a net margin of 15.35%.The firm had revenue of $16.58 million for the quarter, compared to analysts’ expectations of $12.30 million. As a group, analysts predict that SB Financial Group, Inc. will post 2 EPS for the current fiscal year.

SB Financial Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were issued a $0.155 dividend. The ex-dividend date was Friday, February 13th. This represents a $0.62 dividend on an annualized basis and a yield of 2.8%. SB Financial Group’s dividend payout ratio (DPR) is presently 28.18%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets boosted its holdings in SB Financial Group by 131.1% in the third quarter. BNP Paribas Financial Markets now owns 1,791 shares of the financial services provider’s stock valued at $35,000 after acquiring an additional 1,016 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of SB Financial Group by 4,732.7% during the second 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 in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of SB Financial Group by 23,475.0% during the second 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 in the last quarter. Farther Finance Advisors LLC lifted its stake in shares of SB Financial Group by 8,594.1% during the third 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 in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of SB Financial Group during the second quarter worth about $62,000. Institutional investors and hedge funds own 66.67% of the company’s stock.

SB Financial Group Company Profile

SB Financial Group, Inc (NASDAQ: SBFG) is the bank holding company for Star Financial Bank, a full-service community bank headquartered in Fort Wayne, Indiana. Through its wholly owned subsidiary, the company offers a broad portfolio of commercial and consumer banking products, including deposit accounts, lending solutions, mortgage origination and servicing, and cash management services.

In its commercial banking division, SB Financial Group provides working capital loans, equipment financing, commercial real estate lending and treasury management solutions designed for small- and mid-sized businesses.