SB Financial Group, Inc. (NASDAQ:SBFG) Short Interest Down 29.1% in February

SB Financial Group, Inc. (NASDAQ:SBFG) was the recipient of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 79,600 shares, a decrease of 29.1% from the January 31st total of 112,200 shares. Approximately 1.3% of the company’s stock are short sold. Based on an average trading volume of 22,900 shares, the days-to-cover ratio is presently 3.5 days.

SB Financial Group Stock Performance

Shares of SB Financial Group stock traded down $0.20 during midday trading on Wednesday, hitting $20.25. The company had a trading volume of 7,775 shares, compared to its average volume of 17,809. The stock has a market cap of $134.71 million, a price-to-earnings ratio of 11.77 and a beta of 0.77. SB Financial Group has a 12-month low of $13.01 and a 12-month high of $24.48. 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 company has a fifty day simple moving average of $21.65 and a 200 day simple moving average of $20.23.

SB Financial Group (NASDAQ:SBFG) last posted its quarterly earnings data on Thursday, January 23rd. The financial services provider reported $0.52 EPS for the quarter, topping the consensus estimate 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, analysts predict that SB Financial Group will post 2 earnings per share for the current fiscal year.

SB Financial Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a dividend of $0.145 per share. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.58 dividend on an annualized basis and a yield of 2.86%. SB Financial Group’s dividend payout ratio is presently 33.72%.

Institutional Investors Weigh In On SB Financial Group

Hedge funds have recently added to or reduced their stakes in the business. PL Capital Advisors LLC lifted its stake in shares of SB Financial Group by 1,991.0% in the 4th 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 during the period. Dimensional Fund Advisors LP increased its holdings in SB Financial Group by 3.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 164,832 shares of the financial services provider’s stock valued at $3,447,000 after buying an additional 5,137 shares in the last quarter. Bridgeway Capital Management LLC raised its position in shares of SB Financial Group by 2.6% in the fourth quarter. Bridgeway Capital Management LLC now owns 75,127 shares of the financial services provider’s stock worth $1,571,000 after acquiring an additional 1,875 shares during the period. Geode Capital Management LLC boosted its stake in shares of SB Financial Group by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 71,749 shares of the financial services provider’s stock worth $1,501,000 after acquiring an additional 673 shares in the last quarter. Finally, Empowered Funds LLC grew its position in shares of SB Financial Group by 5.0% during the 4th quarter. Empowered Funds LLC now owns 39,637 shares of the financial services provider’s stock valued at $829,000 after acquiring an additional 1,875 shares during the period. 66.67% of the stock is owned by hedge funds and other institutional investors.

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.