SB Financial Group, Inc. $SBFG Shares Sold by Strategic Value Bank Partners LLC

Strategic Value Bank Partners LLC decreased its position in shares of SB Financial Group, Inc. (NASDAQ:SBFG) by 21.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 278,822 shares of the financial services provider’s stock after selling 73,993 shares during the quarter. SB Financial Group accounts for approximately 3.8% of Strategic Value Bank Partners LLC’s portfolio, making the stock its 10th largest holding. Strategic Value Bank Partners LLC owned 4.40% of SB Financial Group worth $5,378,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in SBFG. Goldman Sachs Group Inc. purchased a new stake in SB Financial Group during the first quarter worth $350,000. Princeton Capital Management LLC acquired a new position in shares of SB Financial Group in the second quarter worth about $218,000. LSV Asset Management acquired a new position in shares of SB Financial Group in the second quarter worth about $120,000. Geode Capital Management LLC boosted its stake in shares of SB Financial Group by 98.3% during the 2nd quarter. Geode Capital Management LLC now owns 148,786 shares of the financial services provider’s stock worth $2,842,000 after acquiring an additional 73,771 shares in the last quarter. Finally, Bridgeway Capital Management LLC grew its position in shares of SB Financial Group by 0.8% during the 2nd quarter. Bridgeway Capital Management LLC now owns 78,548 shares of the financial services provider’s stock valued at $1,500,000 after acquiring an additional 589 shares during the period. 66.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of SB Financial Group in a report on Monday, December 15th. Zacks Research upgraded SB Financial Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Strong Buy”.

SB Financial Group Trading Down 1.1%

Shares of SB Financial Group stock opened at $21.64 on Tuesday. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.40. SB Financial Group, Inc. has a twelve month low of $17.10 and a twelve month high of $24.48. The firm has a market capitalization of $136.31 million, a PE ratio of 10.21 and a beta of 0.25. The firm’s 50-day moving average price is $21.14 and its 200 day moving average price is $20.28.

SB Financial Group (NASDAQ:SBFG) last announced its earnings results on Tuesday, November 4th. The financial services provider reported $0.68 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.06. The business had revenue of $16.58 million during the quarter, compared to analysts’ expectations of $12.30 million. SB Financial Group had a return on equity of 10.68% and a net margin of 15.31%. On average, sell-side analysts predict that SB Financial Group, Inc. will post 2 EPS for the current fiscal year.

SB Financial Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Shareholders of record on Friday, November 14th were issued a $0.155 dividend. This represents a $0.62 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Friday, November 14th. This is an increase from SB Financial Group’s previous quarterly dividend of $0.15. SB Financial Group’s payout ratio is 29.25%.

SB Financial Group 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.