SB Financial Group, Inc. (NASDAQ:SBFG) Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC increased its holdings in shares of SB Financial Group, Inc. (NASDAQ:SBFG) by 3.5% in the third quarter, Holdings Channel reports. The firm owned 71,076 shares of the financial services provider’s stock after buying an additional 2,416 shares during the quarter. Geode Capital Management LLC’s holdings in SB Financial Group were worth $1,462,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Empowered Funds LLC raised its holdings in shares of SB Financial Group by 5.2% in the third quarter. Empowered Funds LLC now owns 37,762 shares of the financial services provider’s stock valued at $776,000 after buying an additional 1,876 shares during the last quarter. Hedge funds and other institutional investors own 66.67% of the company’s stock.

SB Financial Group Stock Down 0.6 %

SB Financial Group stock opened at $20.76 on Thursday. The stock has a 50 day moving average of $20.82 and a two-hundred day moving average of $18.32. SB Financial Group, Inc. has a twelve month low of $13.01 and a twelve month high of $23.00. The stock has a market capitalization of $138.10 million, a price-to-earnings ratio of 11.93 and a beta of 0.77. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 0.41.

SB Financial Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, November 8th were issued a dividend of $0.145 per share. The ex-dividend date was Friday, November 8th. This is an increase from SB Financial Group’s previous quarterly dividend of $0.14. This represents a $0.58 annualized dividend and a dividend yield of 2.79%. SB Financial Group’s dividend payout ratio (DPR) is currently 33.33%.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of SB Financial Group in a research note on Saturday, September 21st. They set a “hold” rating for the company.

SB Financial Group 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.