SB Financial Group, Inc. (NASDAQ:SBFG) Shares Purchased by Barclays PLC

Barclays PLC increased its stake in shares of SB Financial Group, Inc. (NASDAQ:SBFG) by 325.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,271 shares of the financial services provider’s stock after acquiring an additional 972 shares during the quarter. Barclays PLC’s holdings in SB Financial Group were worth $26,000 at the end of the most recent quarter.

Separately, Empowered Funds LLC increased its stake in 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 purchasing an additional 1,876 shares during the period. Institutional investors own 66.67% of the company’s stock.

SB Financial Group Trading Down 2.4 %

NASDAQ SBFG opened at $20.26 on Friday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.91 and a current ratio of 0.92. The firm has a market cap of $134.77 million, a PE ratio of 11.64 and a beta of 0.77. SB Financial Group, Inc. has a one year low of $13.01 and a one year high of $23.00. The firm’s fifty day moving average is $20.85 and its two-hundred day moving average is $18.34.

SB Financial Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Friday, November 8th were paid a $0.145 dividend. The ex-dividend date was Friday, November 8th. This is a positive change from SB Financial Group’s previous quarterly dividend of $0.14. This represents a $0.58 dividend on an annualized basis and a yield of 2.86%. SB Financial Group’s payout ratio is currently 33.33%.

Analysts Set New Price Targets

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

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.