SB Financial Group (NASDAQ:SBFG) Earns Hold Rating from Analysts at StockNews.com

Analysts at StockNews.com assumed coverage on shares of SB Financial Group (NASDAQ:SBFG) in a report issued on Wednesday. The brokerage set a “hold” rating on the financial services provider’s stock.

SB Financial Group Stock Performance

Shares of NASDAQ:SBFG opened at $13.51 on Wednesday. The stock has a market capitalization of $91.73 million, a price-to-earnings ratio of 7.72 and a beta of 0.68. The business’s fifty day moving average price is $13.69 and its two-hundred day moving average price is $14.20. SB Financial Group has a fifty-two week low of $11.82 and a fifty-two week high of $16.25. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.94 and a quick ratio of 0.93.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Gendell Jeffrey L raised its position in SB Financial Group by 23.5% in the 4th quarter. Gendell Jeffrey L now owns 45,488 shares of the financial services provider’s stock valued at $698,000 after purchasing an additional 8,654 shares during the last quarter. Empowered Funds LLC raised its holdings in shares of SB Financial Group by 7.9% in the first quarter. Empowered Funds LLC now owns 33,366 shares of the financial services provider’s stock valued at $460,000 after buying an additional 2,450 shares during the last quarter. Finally, PL Capital Advisors LLC lifted its position in SB Financial Group by 4.2% during the 3rd quarter. PL Capital Advisors LLC now owns 28,159 shares of the financial services provider’s stock worth $380,000 after buying an additional 1,123 shares in the last quarter. 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.