Advisory Services Network LLC increased its stake in SVB Financial Group by 160.7% in the third quarter. The stock rose 1.64% or $0.15 reaching $9.3.
04/11/2017 - FIG Partners began new coverage on SVB Financial Group giving the company a "market outperform" rating.
Other equities analysts also recently issued research reports about the company. Ltd. bought a new stake in SVB Financial Group in the 1st quarter valued at about $117,000. Descheneaux Michael sold $1.29M worth of stock or 7,000 shares. Finally, Two Sigma Securities LLC bought a new stake in SVB Financial Group during the third quarter worth $211,000. Advisory Services Network LLC now owns 1,418 shares of the company's stock worth $157,000 after buying an additional 874 shares during the last quarter. Whittier Trust has invested 0.12% in SVB Financial Group (NASDAQ:SIVB). (WMS)'s stock declined 0.22%. Svb Finl Group now has $9.02 billion valuation. Over the last quarter, insiders sold 8,524 shares of company stock worth $1,534,052. Nbw Limited Co holds 0.96% or 19,563 shares. Teacher Retirement Systems Of Texas reported 0.01% of its portfolio in SVB Financial Group (NASDAQ:SIVB). Nomura Asset Management Co. Hedge funds and other institutional investors own 92.17% of the company's stock. Kcm Investment Advisors Limited Liability owns 0.29% invested in SVB Financial Group (NASDAQ:SIVB) for 25,000 shares. The shares were sold at an average price of $172.01, for a total value of $344,020.00. Following the completion of the sale, the director now directly owns 6,672 shares of the company's stock, valued at $1,147,650.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Philip C. Cox sold 3,024 shares of the business's stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $182.80, for a total transaction of $552,787.20. Following the transaction, the insider now directly owns 2,872 shares of the company's stock, valued at $525,001.60. The disclosure for this sale can be found here. Insiders have sold 9,323 shares of company stock valued at $1,297,652 over the last quarter. The firm has "Buy" rating given on Friday, July 7 by RBC Capital Markets. If you are reading this story on another publication, it was illegally stolen and reposted in violation of global copyright and trademark law. Finally, Janus Capital Management LLC lifted its position in shares of SVB Financial Group by 15.5% during the first quarter.
SVB Financial Group (NASDAQ:SIVB) traded up 0.09% during trading on Wednesday, reaching $171.39. SVB Financial Group has a one year low of $103.12 and a one year high of $198.83. The company has a 50-day moving average price of $173.50 and a 200-day moving average price of $179.69. "Has $375.28 Million Position in SVB Financial Group (NASDAQ:SIVB)" was first reported by StockNewsTimes and is owned by of StockNewsTimes. The bank reported $2.32 EPS for the quarter, topping analysts' consensus estimates of $2.05 by $0.27. The business had revenue of $471.70 million for the quarter, compared to the consensus estimate of $451.96 million. Nwq Investment Management Lc invested 0.06% of its portfolio in SVB Financial Group (NASDAQ:SIVB). During the same period in the previous year, the firm posted $1.78 earnings per share. Moreover, Comerica Commercial Bank has 0.06% invested in SVB Financial Group (NASDAQ:SIVB) for 41,917 shares.
SIVB has been the subject of a number of research reports. Zacks Investment Research upgraded SVB Financial Group from a "hold" rating to a "buy" rating and set a $199.00 price target for the company in a research note on Monday, January 9th. State of Tennessee Treasury Department has an ownership of 47,000 stocks of the bank's shares valued at $8,262,000 following purchasing an extra 10,000 shares through out the previous quarter, Westpac Banking boosted its stake in stocks of SVB Financial Group by 80.0% through out the 2nd period. Analysts have placed a $206.74 price target on SVB Financial Group, suggesting a 22.64% gain from recent close. Piper Jaffray Companies reissued a "buy" rating and issued a $212.00 target price on shares of SVB Financial Group in a research report on Friday, July 14th. The company was maintained on Monday, August 14 by Keefe Bruyette & Woods.
03/08/2016 - SVB Financial Group had its "buy" rating reiterated by analysts at Jefferies. The stock now has a consensus rating of "Buy" and a consensus price target of $202.75.
SVB Financial Group (SVB Financial) is a diversified financial services, bank holding and financial holding company. The Global Commercial Bank segment consists of the activities of its Commercial Bank, and of SVB Wine, SVB Analytics and its Debt Fund Investments.