SB Financial Group Inc (SBFG) Position Trimmed by JCSD Capital LLC

Share on StockTwits

JCSD Capital LLC lowered its position in SB Financial Group Inc (NASDAQ:SBFG) by 7.2% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 266,144 shares of the financial services provider’s stock after selling 20,800 shares during the quarter. SB Financial Group makes up about 3.5% of JCSD Capital LLC’s investment portfolio, making the stock its 11th largest position. JCSD Capital LLC’s holdings in SB Financial Group were worth $4,796,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. BlackRock Inc. raised its position in shares of SB Financial Group by 10.2% during the 4th quarter. BlackRock Inc. now owns 6,854 shares of the financial services provider’s stock valued at $113,000 after buying an additional 635 shares in the last quarter. Acadian Asset Management LLC raised its position in shares of SB Financial Group by 8.9% during the 4th quarter. Acadian Asset Management LLC now owns 24,449 shares of the financial services provider’s stock valued at $403,000 after buying an additional 2,004 shares in the last quarter. Southside Capital LLC purchased a new stake in shares of SB Financial Group during the 4th quarter valued at about $480,000. Dimensional Fund Advisors LP raised its position in shares of SB Financial Group by 1.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 112,565 shares of the financial services provider’s stock valued at $1,852,000 after buying an additional 1,828 shares in the last quarter. Finally, Cutler Capital Management LLC raised its position in shares of SB Financial Group by 15.3% during the 4th quarter. Cutler Capital Management LLC now owns 130,169 shares of the financial services provider’s stock valued at $2,141,000 after buying an additional 17,302 shares in the last quarter. 47.51% of the stock is owned by institutional investors.

Shares of NASDAQ SBFG traded up $0.13 during mid-day trading on Monday, hitting $17.74. 24,346 shares of the company’s stock traded hands, compared to its average volume of 15,588. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $114.43 million, a price-to-earnings ratio of 11.75 and a beta of 0.86. SB Financial Group Inc has a 1 year low of $16.05 and a 1 year high of $20.53.

SB Financial Group (NASDAQ:SBFG) last posted its quarterly earnings data on Thursday, April 18th. The financial services provider reported $0.35 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.31 by $0.04. SB Financial Group had a net margin of 20.19% and a return on equity of 10.45%. The company had revenue of $11.34 million for the quarter, compared to analyst estimates of $11.90 million. On average, equities analysts predict that SB Financial Group Inc will post 1.64 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 24th. Investors of record on Friday, May 10th were given a $0.09 dividend. This is a positive change from SB Financial Group’s previous quarterly dividend of $0.09. This represents a $0.36 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date was Thursday, May 9th. SB Financial Group’s dividend payout ratio is 23.84%.

In other news, Director George W. Carter acquired 1,500 shares of SB Financial Group stock in a transaction that occurred on Friday, May 10th. The shares were bought at an average cost of $17.99 per share, with a total value of $26,985.00. Following the transaction, the director now directly owns 3,187 shares of the company’s stock, valued at approximately $57,334.13. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 4.10% of the company’s stock.

Several analysts have recently issued reports on SBFG shares. Zacks Investment Research upgraded shares of SB Financial Group from a “sell” rating to a “hold” rating in a research report on Tuesday, March 5th. ValuEngine upgraded shares of SB Financial Group from a “sell” rating to a “hold” rating in a research report on Monday, May 13th.

TRADEMARK VIOLATION WARNING: “SB Financial Group Inc (SBFG) Position Trimmed by JCSD Capital LLC” was first posted by Ticker Report and is the sole property of of Ticker Report. If you are viewing this news story on another publication, it was illegally stolen and reposted in violation of U.S. & international trademark & copyright legislation. The correct version of this news story can be read at https://www.tickerreport.com/banking-finance/4354252/sb-financial-group-inc-sbfg-position-trimmed-by-jcsd-capital-llc.html.

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.

Recommended Story: Dividend Aristocrat Index

Want to see what other hedge funds are holding SBFG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SB Financial Group Inc (NASDAQ:SBFG).

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

Receive News & Ratings for SB Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SB Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Autoliv  PT Lowered to $62.00 at Buckingham Research
Autoliv PT Lowered to $62.00 at Buckingham Research
Shotspotter  Cut to “Market Perform” at Northland Securities
Shotspotter Cut to “Market Perform” at Northland Securities
Buckingham Research Increases Sonic Automotive  Price Target to $20.00
Buckingham Research Increases Sonic Automotive Price Target to $20.00
Vail Resorts  Earns Market Perform Rating from Analysts at Wells Fargo & Co
Vail Resorts Earns Market Perform Rating from Analysts at Wells Fargo & Co
Johnson Outdoors  Downgraded by Sidoti
Johnson Outdoors Downgraded by Sidoti
Autoliv  Stock Rating Upgraded by Robert W. Baird
Autoliv Stock Rating Upgraded by Robert W. Baird


© 2006-2019 Ticker Report