Kennedy Capital Management Inc. bought a new position in shares of Southwest Georgia Financial Corp. (NYSEAMERICAN:SGB) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 15,816 shares of the bank’s stock, valued at approximately $380,000. Kennedy Capital Management Inc. owned approximately 0.62% of Southwest Georgia Financial as of its most recent SEC filing.
Separately, California Public Employees Retirement System purchased a new stake in shares of Southwest Georgia Financial during the third quarter worth $204,000.
Shares of SGB stock traded down $0.77 on Friday, hitting $20.23. 713 shares of the stock traded hands, compared to its average volume of 1,771. Southwest Georgia Financial Corp. has a twelve month low of $18.50 and a twelve month high of $24.00.
Southwest Georgia Financial (NYSEAMERICAN:SGB) last announced its quarterly earnings results on Tuesday, January 23rd. The bank reported $0.45 earnings per share for the quarter. The firm had revenue of $5.42 million for the quarter. Southwest Georgia Financial had a net margin of 13.23% and a return on equity of 7.03%.
The company also recently declared a quarterly dividend, which was paid on Thursday, March 22nd. Stockholders of record on Monday, March 12th were given a dividend of $0.11 per share. The ex-dividend date was Friday, March 9th. This represents a $0.44 annualized dividend and a dividend yield of 2.17%.
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Southwest Georgia Financial Profile
Southwest Georgia Financial Corporation is a bank holding company of Southwest Georgia Bank (the Bank). The Company’s primary business is providing banking services through the Bank to individuals and businesses principally in the counties, including Colquitt, Baker, Worth, Lowndes, and Tift, as well as the surrounding counties of southwest Georgia.
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