SB Financial Group (SBFG) Rating Lowered to Hold at ValuEngine

SB Financial Group (NASDAQ:SBFG) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued on Wednesday.

SB Financial Group (SBFG) traded up $0.01 during midday trading on Wednesday, reaching $18.28. The company had a trading volume of 5,818 shares, compared to its average volume of 7,000. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.27. SB Financial Group has a one year low of $14.44 and a one year high of $20.75. The stock has a market cap of $88.53, a PE ratio of 12.35 and a beta of 0.68.

Institutional investors and hedge funds have recently bought and sold shares of the company. LSV Asset Management lifted its stake in shares of SB Financial Group by 93.9% during the 2nd quarter. LSV Asset Management now owns 6,400 shares of the financial services provider’s stock worth $108,000 after purchasing an additional 3,100 shares during the last quarter. Context BH Capital Management LP raised its stake in SB Financial Group by 19.9% in the second quarter. Context BH Capital Management LP now owns 38,407 shares of the financial services provider’s stock valued at $648,000 after buying an additional 6,366 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in SB Financial Group by 2.2% in the second quarter. Dimensional Fund Advisors LP now owns 76,580 shares of the financial services provider’s stock valued at $1,301,000 after buying an additional 1,639 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in SB Financial Group by 0.5% in the second quarter. Vanguard Group Inc. now owns 87,225 shares of the financial services provider’s stock valued at $1,481,000 after buying an additional 400 shares during the last quarter. 22.09% of the stock is currently owned by institutional investors and hedge funds.

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SB Financial Group Company Profile

SB Financial Group, Inc is a bank holding company. Through its direct and indirect subsidiaries, the Company is engaged in a range of activities, including commercial banking, item processing and wealth management services. The Company’s subsidiaries include The State Bank and Trust Company (State Bank), RFCBC, Inc (RFCBC), Rurbanc Data Services, Inc (doing business as RDSI Banking Systems (RDSI)), SBT Insurance, LLC (SBI) and Rurban Statutory Trust II (RST II).

To view ValuEngine’s full report, visit ValuEngine’s official website.

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