Empowered Funds LLC Has $776,000 Holdings in SB Financial Group, Inc. (NASDAQ:SBFG)

Empowered Funds LLC boosted its holdings in shares of SB Financial Group, Inc. (NASDAQ:SBFG) by 5.2% in the third quarter, Holdings Channel.com reports. The fund owned 37,762 shares of the financial services provider’s stock after buying an additional 1,876 shares during the quarter. Empowered Funds LLC’s holdings in SB Financial Group were worth $776,000 at the end of the most recent quarter.

Separately, Princeton Capital Management LLC bought a new position in shares of SB Financial Group in the 2nd quarter worth $146,000. Hedge funds and other institutional investors own 66.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on SB Financial Group in a research note on Saturday, September 21st. They issued a “hold” rating on the stock.

SB Financial Group Stock Up 5.0 %

SB Financial Group stock opened at $21.79 on Friday. The firm has a market capitalization of $144.90 million, a price-to-earnings ratio of 12.52 and a beta of 0.75. The company’s 50 day simple moving average is $19.72 and its 200 day simple moving average is $16.59. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.92 and a quick ratio of 0.91. SB Financial Group, Inc. has a fifty-two week low of $13.01 and a fifty-two week high of $21.98.

SB Financial Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 8th were given a dividend of $0.145 per share. This represents a $0.58 dividend on an annualized basis and a dividend yield of 2.66%. This is a boost from SB Financial Group’s previous quarterly dividend of $0.14. The ex-dividend date was Friday, November 8th. SB Financial Group’s dividend payout ratio (DPR) is currently 33.33%.

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.