Alliancebernstein L.P. Trims Holdings in SB Financial Group, Inc. (NASDAQ:SBFG)

by · The Cerbat Gem

Alliancebernstein L.P. lowered its position in shares of SB Financial Group, Inc. (NASDAQ:SBFG – Free Report) by 20.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 468,306 shares of the financial services provider’s stock after selling 119,608 shares during the period. Alliancebernstein L.P. owned 0.07% of SB Financial Group worth $9,792,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Barclays PLC lifted its stake in shares of SB Financial Group by 325.1% during the 3rd quarter. Barclays PLC now owns 1,271 shares of the financial services provider’s stock valued at $26,000 after buying an additional 972 shares in the last quarter. Jones Financial Companies Lllp bought a new position in SB Financial Group in the 4th quarter worth approximately $62,000. Ritholtz Wealth Management purchased a new stake in SB Financial Group during the 4th quarter valued at approximately $408,000. O Shaughnessy Asset Management LLC raised its position in shares of SB Financial Group by 189.3% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 34,114 shares of the financial services provider’s stock valued at $713,000 after buying an additional 22,321 shares during the last quarter. Finally, Empowered Funds LLC raised its position in shares of SB Financial Group by 5.0% during the fourth quarter. Empowered Funds LLC now owns 39,637 shares of the financial services provider’s stock valued at $829,000 after buying an additional 1,875 shares during the last quarter. Hedge funds and other institutional investors own 66.67% of the company’s stock.

SB Financial Group Price Performance

Shares of NASDAQ:SBFG opened at $18.26 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 $119.33 million, a price-to-earnings ratio of 10.62 and a beta of 0.48. The firm has a fifty day moving average price of $21.05 and a 200 day moving average price of $20.74. SB Financial Group, Inc. has a fifty-two week low of $13.01 and a fifty-two week high of $24.48.

SB Financial Group (NASDAQ:SBFG – Get Free Report) last released its quarterly earnings data on Thursday, January 23rd. The financial services provider reported $0.52 EPS for the quarter, beating the consensus estimate of $0.41 by $0.11. SB Financial Group had a net margin of 14.10% and a return on equity of 8.98%. As a group, sell-side analysts expect that SB Financial Group, Inc. will post 2 earnings per share for the current fiscal year.

SB Financial Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a $0.145 dividend. This represents a $0.58 dividend on an annualized basis and a yield of 3.18%. The ex-dividend date of this dividend was Friday, February 14th. SB Financial Group’s payout ratio is 33.72%.

SB Financial Group Company Profile

(Free Report)

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.

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