SB Financial Group (SBFG) Stake Lifted by Renaissance Technologies LLC

Renaissance Technologies LLC lifted its stake in shares of SB Financial Group (NASDAQ:SBFG) by 111.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 24,100 shares of the financial services provider’s stock after acquiring an additional 12,700 shares during the period. Renaissance Technologies LLC owned 0.50% of SB Financial Group worth $446,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. BlackRock Inc. increased its stake in SB Financial Group by 263.0% during the 4th quarter. BlackRock Inc. now owns 5,895 shares of the financial services provider’s stock valued at $109,000 after purchasing an additional 4,271 shares in the last quarter. SeaCrest Wealth Management LLC bought a new stake in shares of SB Financial Group in the 4th quarter worth $283,000. Finally, Pinnacle Holdings LLC grew its stake in shares of SB Financial Group by 1.8% in the 4th quarter. Pinnacle Holdings LLC now owns 183,180 shares of the financial services provider’s stock worth $3,387,000 after acquiring an additional 3,236 shares in the last quarter. Institutional investors own 15.42% of the company’s stock.

Shares of SB Financial Group opened at $18.60 on Friday, reports. The company has a current ratio of 0.99, a quick ratio of 0.98 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $120.31 million, a PE ratio of 12.65 and a beta of 0.54. SB Financial Group has a 12-month low of $15.61 and a 12-month high of $19.58.

SB Financial Group (NASDAQ:SBFG) last issued its quarterly earnings results on Thursday, April 19th. The financial services provider reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.04. SB Financial Group had a net margin of 22.35% and a return on equity of 11.53%. The business had revenue of $11.94 million for the quarter, compared to analysts’ expectations of $11.10 million. analysts anticipate that SB Financial Group will post 1.53 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 25th. Shareholders of record on Friday, May 11th will be given a dividend of $0.08 per share. This is a boost from SB Financial Group’s previous quarterly dividend of $0.08. This represents a $0.32 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date is Thursday, May 10th. SB Financial Group’s dividend payout ratio (DPR) is presently 21.77%.

Several analysts have recently issued reports on SBFG shares. ValuEngine upgraded shares of SB Financial Group from a “hold” rating to a “buy” rating in a research note on Friday, February 23rd. FIG Partners reaffirmed an “outperform” rating on shares of SB Financial Group in a report on Friday, February 16th.

About SB Financial Group

SB Financial Group, Inc, through its subsidiaries, provides range of banking and wealth management services to individual and corporate customers primarily in northwest Ohio and northeast Indiana. It accepts deposits, such as checking accounts, savings accounts, money market accounts, demand deposits, and time certificates of deposit.

Institutional Ownership by Quarter for SB Financial Group (NASDAQ:SBFG)

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