Were Analysts Bearish SVB Financial Group (NASDAQ:SIVB) This Week?

November 10, 2018 - By Robert Crowder

SVB Financial Group (NASDAQ:SIVB) LogoInvestors sentiment decreased to 1.06 in 2018 Q2. Its down 0.30, from 1.36 in 2018Q1. It turned negative, as 19 investors sold SVB Financial Group shares while 195 reduced holdings. 93 funds opened positions while 134 raised stakes. 45.54 million shares or 1.69% less from 46.32 million shares in 2018Q1 were reported.
Ameritas Investment owns 1,006 shares. Cipher Cap L P has 0.07% invested in SVB Financial Group (NASDAQ:SIVB). Michigan-based Comerica Comml Bank has invested 0.03% in SVB Financial Group (NASDAQ:SIVB). Dupont Corporation owns 418 shares for 0% of their portfolio. Citadel Advsr Ltd Liability Corporation accumulated 108,516 shares. 836,735 were reported by Royal Comml Bank Of Canada. Capital Intl Ca has invested 0.24% in SVB Financial Group (NASDAQ:SIVB). Voloridge Investment owns 72,059 shares for 0.56% of their portfolio. Aperio Limited Liability Corp accumulated 20,130 shares or 0.03% of the stock. Arizona State Retirement System owns 12,985 shares. Bluecrest Mgmt holds 0.04% or 5,340 shares. Conning accumulated 0.01% or 710 shares. Moreover, Peregrine Asset Advisers Inc has 1.91% invested in SVB Financial Group (NASDAQ:SIVB). Fulton National Bank & Trust Na, a Pennsylvania-based fund reported 6,337 shares. California State Teachers Retirement System accumulated 85,450 shares or 0.05% of the stock.

Since May 14, 2018, it had 0 insider buys, and 4 selling transactions for $863,682 activity. 737 shares were sold by MITCHELL KATE, worth $231,992. Edmonds-Waters Christopher also sold $738,504 worth of SVB Financial Group (NASDAQ:SIVB) shares.

SVB Financial Group (NASDAQ:SIVB) Ratings Coverage

Among 11 analysts covering SVB Financial (NASDAQ:SIVB), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. SVB Financial had 14 analyst reports since June 11, 2018 according to SRatingsIntel. On Wednesday, October 3 the stock rating was maintained by Barclays Capital with “Equal-Weight”. On Friday, October 26 the stock rating was maintained by Raymond James with “Strong Buy”. On Tuesday, July 31 the stock rating was maintained by Morgan Stanley with “Overweight”. JP Morgan maintained SVB Financial Group (NASDAQ:SIVB) rating on Friday, July 27. JP Morgan has “Overweight” rating and $390 target. Barclays Capital maintained the shares of SIVB in report on Friday, October 26 with “Equal-Weight” rating. The stock has “Neutral” rating by Wedbush on Friday, July 27. The firm has “Outperform” rating by Wells Fargo given on Friday, July 27. The stock of SVB Financial Group (NASDAQ:SIVB) has “Market Outperform” rating given on Friday, July 27 by JMP Securities. The company was maintained on Monday, June 11 by JP Morgan. The firm has “Buy” rating given on Friday, October 26 by Bank of America. Below is a list of SVB Financial Group (NASDAQ:SIVB) latest ratings and price target changes.

29/10/2018 Broker: SunTrust Old Rating: Buy New Rating: Buy Old Target: $350 New Target: $270 Maintain
26/10/2018 Broker: Raymond James Old Rating: Strong Buy New Rating: Strong Buy Old Target: $392 New Target: $333 Maintain
26/10/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $400 New Target: $350 Maintain
26/10/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $357 New Target: $330 Maintain
26/10/2018 Broker: DA Davidson Old Rating: Neutral New Rating: Buy New Target: $345 Upgrade
03/10/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $340 New Target: $357 Maintain
31/07/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $350 New Target: $370 Maintain
27/07/2018 Broker: Wells Fargo Old Rating: Outperform New Rating: Outperform Old Target: $335 New Target: $345 Maintain
27/07/2018 Broker: Wedbush Old Rating: Neutral New Rating: Neutral Old Target: $325 New Target: $350 Maintain
27/07/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $380 New Target: $390 Maintain

The stock decreased 1.27% or $3.17 during the last trading session, reaching $247.36. About 532,809 shares traded. SVB Financial Group (NASDAQ:SIVB) has risen 85.36% since November 10, 2017 and is uptrending. It has outperformed by 69.74% the S&P500.

SVB Financial Group, a diversified financial services company, provides various banking and financial services and products. The company has market cap of $13.17 billion. The Company’s Global Commercial Bank segment offers deposit products, such as business and analysis checking, money market, multi-currency, in-country bank, and sweep accounts, as well as merchant, remote capture, lockbox, electronic deposit capture, and fraud control services; credit services and products comprising term loans, equipment loans, asset loans, revolving lines of credit, accounts-receivable lines of credit, capital call lines of credit, and credit cards; and payment and cash management services and products, including wire transfer and automated clearing house payment, bill pay, debit cards account analysis, and disbursement, as well as online and mobile banking services. It has a 18.97 P/E ratio. This segment also provides various loan and credit facilities; foreign exchange services; export, import, and standby letters of credit; investment services and solutions; investment advisory services; third party money market mutual funds and fixed-income securities; vineyard development loans and community development loans to clients in the wine industry; and equity valuation services to companies and venture capital/private equity firms, as well as invests in debt funds.

More recent SVB Financial Group (NASDAQ:SIVB) news were published by: Bizjournals.com which released: “SF startup backed by Kevin Durant raises $35 million, seeks larger HQ” on October 30, 2018. Also Fool.com published the news titled: “Why SVB Financial Group Dropped 12% on Friday” on October 26, 2018. Fool.com‘s news article titled: “SVB Financial’s Earnings Soar 85% in the Third Quarter” with publication date: October 29, 2018 was also an interesting one.

SVB Financial Group (NASDAQ:SIVB) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: