2 weeks Ago By ABMN Staff
Natixis Advisors LLC boosted its holdings in ServisFirst Bancshares, Inc. ( NYSE:SFBS – Free Report ) by 20.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission.
The fund owned 16,444 shares of the financial services provider’s stock after purchasing an additional 2,737 shares during the period. Natixis Advisors LLC’s holdings in ServisFirst Bancshares were worth $1,393,000 at the end of the most recent reporting period. Several other institutional investors have also added to or reduced their stakes in the business.
Swiss National Bank lifted its stake in shares of ServisFirst Bancshares by 0.7% in the 4th quarter. Swiss National Bank now owns 101,868 shares of the financial services provider’s stock valued at $8,632,000 after acquiring an additional 700 shares during the last quarter.
HighTower Advisors LLC increased its stake in ServisFirst Bancshares by 0.3% in the 4th quarter. HighTower Advisors LLC now owns 53,367 shares of the financial services provider’s stock worth $4,522,000 after purchasing an additional 177 shares during the period.
Zurcher Kantonalbank Zurich Cantonalbank lifted its position in ServisFirst Bancshares by 20.8% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,945 shares of the financial services provider’s stock valued at $843,000 after purchasing an additional 1,710 shares during the last quarter.
AlphaQuest LLC lifted its position in ServisFirst Bancshares by 218.9% in the fourth quarter. AlphaQuest LLC now owns 27,510 shares of the financial services provider’s stock valued at $2,331,000 after purchasing an additional 18,884 shares during the last quarter.
Finally, Edgestream Partners L.P. boosted its stake in shares of ServisFirst Bancshares by 96.
2% during the fourth quarter. Edgestream Partners L.P.
now owns 74,891 shares of the financial services provider’s stock valued at $6,346,000 after purchasing an additional 36,717 shares during the period. 67.31% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at ServisFirst Bancshares In other news, Director Christopher J. Mettler sold 18,000 shares of the business’s stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $88.
68, for a total transaction of $1,596,240.00. Following the sale, the director now owns 17,436 shares in the company, valued at approximately $1,546,224.
48. The trade was a 50.80 % decrease in their position.
The sale was disclosed in a filing with the SEC, which is accessible through the SEC website . Insiders own 7.40% of the company’s stock.
Wall Street Analyst Weigh In Check Out Our Latest Stock Analysis on SFBS ServisFirst Bancshares Price Performance SFBS opened at $83.86 on Wednesday. The company has a debt-to-equity ratio of 0.
04, a quick ratio of 0.95 and a current ratio of 0.95.
The stock has a market capitalization of $4.58 billion, a PE ratio of 20.16 and a beta of 0.
91. The stock’s 50 day moving average price is $87.76 and its 200-day moving average price is $87.
13. ServisFirst Bancshares, Inc. has a 52-week low of $58.
11 and a 52-week high of $101.37. ServisFirst Bancshares ( NYSE:SFBS – Get Free Report ) last issued its quarterly earnings data on Monday, January 27th.
The financial services provider reported $1.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.
08. ServisFirst Bancshares had a net margin of 23.16% and a return on equity of 14.
81%. During the same quarter in the prior year, the company posted $0.91 EPS.
On average, equities research analysts predict that ServisFirst Bancshares, Inc. will post 5.17 EPS for the current year.
ServisFirst Bancshares Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Shareholders of record on Tuesday, April 1st will be issued a $0.335 dividend.
The ex-dividend date is Tuesday, April 1st. This represents a $1.34 annualized dividend and a yield of 1.
60%. ServisFirst Bancshares’s dividend payout ratio (DPR) is presently 32.21%.
ServisFirst Bancshares Company Profile ( Free Report ) ServisFirst Bancshares, Inc operates as the bank holding company for ServisFirst Bank that provides various banking services to individual and corporate customers. It accepts demand, time, savings, and other deposits; checking, money market, and IRA accounts; and certificates of deposit. The company's loan products include commercial lending products, including seasonal, bridge, and term loans for working capital, expansion of the business, acquisition of property, and plant and equipment, as well as commercial lines of credit; commercial real estate loans, construction and development loans, and residential real estate loans; and consumer loans, such as home equity loans, vehicle financing, loans secured by deposits, and secured and unsecured personal loans.
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