SB Financial Group (NASDAQ:SBFG) Stock Crosses Above Fifty Day Moving Average – Should You Sell?

SB Financial Group, Inc. (NASDAQ:SBFG) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $18.84 and traded as high as $19.79. SB Financial Group shares last traded at $19.50, with a volume of 29,975 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of SB Financial Group from a “hold” rating to a “buy” rating in a research report on Monday, May 5th.

SB Financial Group Price Performance

The company has a debt-to-equity ratio of 0.42, a current ratio of 0.93 and a quick ratio of 0.92. The stock has a market cap of $127.34 million, a PE ratio of 11.47 and a beta of 0.25. The stock’s fifty day moving average is $18.84 and its 200-day moving average is $19.99.

SB Financial Group (NASDAQ:SBFG) last released its quarterly earnings results on Thursday, May 1st. The financial services provider reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.02. The firm had revenue of $15.39 million during the quarter, compared to analysts’ expectations of $11.30 million. SB Financial Group had a return on equity of 9.23% and a net margin of 13.47%. As a group, equities analysts anticipate that SB Financial Group, Inc. will post 2 EPS for the current year.

Insiders Place Their Bets

In other news, Director Timothy L. Claxton acquired 2,000 shares of SB Financial Group stock in a transaction that occurred on Monday, June 23rd. The shares were acquired at an average price of $17.64 per share, for a total transaction of $35,280.00. Following the transaction, the director directly owned 10,127 shares of the company’s stock, valued at approximately $178,640.28. The trade was a 24.61% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 5.71% of the stock is currently owned by corporate insiders.

Institutional Trading of SB Financial Group

Several large investors have recently modified their holdings of SBFG. Acadian Asset Management LLC raised its stake in shares of SB Financial Group by 56.0% in the 1st quarter. Acadian Asset Management LLC now owns 5,761 shares of the financial services provider’s stock valued at $119,000 after acquiring an additional 2,068 shares during the period. Jane Street Group LLC acquired a new stake in SB Financial Group in the fourth quarter worth about $208,000. Goldman Sachs Group Inc. acquired a new stake in shares of SB Financial Group during the first quarter valued at approximately $350,000. Northern Trust Corp grew its holdings in SB Financial Group by 41.5% during the fourth quarter. Northern Trust Corp now owns 25,108 shares of the financial services provider’s stock valued at $525,000 after purchasing an additional 7,370 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC lifted its holdings 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 acquiring an additional 22,321 shares during the period. 66.67% of the stock is owned by institutional investors.

SB Financial Group Company 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.