SVB Financial (NASDAQ:SIVB) Has Target Of $335 Give by Analysts at Wells Fargo. Outperform Didn’t change.

June 27, 2018 - By Nicole Mills

SVB Financial Group (NASDAQ:SIVB) Corporate Logo

During Q1 2018 the big money sentiment increased to 1.36. That’s change of 0.17, from 2017Q4’s 1.19. 28 investors sold all, 140 reduced holdings as SVB Financial Group ratio is positive. 138 increased holdings while 90 funds took holdings. Funds hold 46.32 million shares thus 1.90% more from 2017Q4’s 45.46 million shares.

New Amsterdam Ptnrs Ltd New York invested in 0.78% or 14,799 shs. Schroder Investment Mngmt Grp, Maine-based fund reported 1,015 shs. Hudock Capital Ltd Liability Co reported 86 shs. Northwestern Mutual Wealth holds 202 shs. Hightower Advisors Ltd Co reported 3,421 shs. Employees Retirement System Of Texas has invested 0.1% in SVB Financial Group (NASDAQ:SIVB). Glenmede Trust Company Na reported 1,110 shs. Marietta Invest Prtnrs Ltd holds 0.17% or 2,380 shs. Parametric Port Assoc Ltd Llc accumulated 0.03% or 117,554 shs. Bartlett & Limited Liability Com, Ohio-based fund reported 900 shs. Raymond James & Assocs accumulated 115,577 shs. 640,977 are owned by Victory Capital Mgmt. Ameritas Investment Inc holds 1,100 shs. Teton Advsr holds 0.04% of its capital in SVB Financial Group (NASDAQ:SIVB) for 1,745 shs. Shine Advisory Services holds 0.01% of its capital in SVB Financial Group (NASDAQ:SIVB) for 60 shs.

SVB Financial Group registered $10.40 million net activity with 0 insider purchases and 13 insider sales since February 2, 2018. $311,489 worth of stock was sold by Cox Philip C on Tuesday, May 1. On Thursday, May 10 Husain Kamran F also sold $480,576 worth of SVB Financial Group (NASDAQ:SIVB). Edmonds-Waters Christopher sold $738,504 worth of SVB Financial Group (NASDAQ:SIVB) on Monday, May 14. MITCHELL KATE had sold 737 shs worth $231,992. On Wednesday, April 4 BECKER GREGORY W also sold $707,087 worth of SVB Financial Group (NASDAQ:SIVB). Shares for $317,530 were sold by Robinson John F on Wednesday, May 30.

Reiterated SVB Financial (NASDAQ:SIVB) Rating.

After Wells Fargo’s $335 target price per share was issued to clients on 26 June, SVB Financial (NASDAQ:SIVB) gives 11.53 % upside potential.

SVB Financial Group (NASDAQ:SIVB) Ratings Coverage

A total of 16 analysts rate Svb Financial Group (NASDAQ:SIVB) as follows: 13 “Buy”, 3 “Hold” and 0 “Sell”. Тherefore 81% are bullish. (NASDAQ:SIVB) has 26 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Thursday, March 29 the stock of SVB Financial Group (NASDAQ:SIVB) has “Buy” rating given by Sandler O’Neill. On Wednesday, April 11 Barclays Capital maintained SVB Financial Group (NASDAQ:SIVB) with “Equal-Weight” rating. On Friday, January 26 the stock of SVB Financial Group (NASDAQ:SIVB) earned “Buy” rating by Jefferies. On Tuesday, January 9 the stock has “Buy” rating by Wells Fargo. On Monday, June 11 the firm earned “Overweight” rating by JP Morgan. The company rating was maintained by Maxim Group on Monday, April 30. On Monday, April 30 the stock of SVB Financial Group (NASDAQ:SIVB) earned “Overweight” rating by Morgan Stanley. On Tuesday, January 2 the rating was maintained by Barclays Capital with “Hold”. On Friday, April 27 Wedbush maintained the shares of SIVB in report with “Neutral” rating. On Friday, January 26 the company was maintained by Maxim Group.

The stock increased 0.36% or $1.07 during the last trading session, hitting $300.38.SVB Financial Group has volume of 19,667 shares. Since June 27, 2017 SIVB has risen 78.46% and is uptrending. The stock outperformed the S&P500 by 65.89%.

On July, 26 SVB Financial Group (NASDAQ:SIVB)’s earnings report is anticipated by WallStreet, Zacks reports. Analysts expect change of 64.66 % or $1.50 from previous year’s $2.32 EPS compared to current’s $3.82 EPS. If EPS of $3.82 is announced the profit of SIVB could be $202.36 million giving it 19.66 P/E. 5.23 % EPS growth is what analysts predict. $3.63 EPS was announced for previous quarter.

SVB Financial Group, a diversified financial services company, provides various banking and financial services and products.The company has $15.91 billion market cap. 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 card account analysis, and disbursement, as well as online and mobile banking services.The P/E ratio is 27.5. This segment also provides various loan and credit facilities; foreign exchange services; export, import, and standby letter of credit; investment services and solutions; investment advisory service; vineyard development loans; and equity valuation services, as well as invests in debt funds.

A couple more SVB Financial Group (NASDAQ:SIVB) news were published by: Investorplace.com which released on June 08, 2018 “7 A-Rated Stocks to Buy for the Second Half of 2018”, also Nasdaq.com on May 30, 2018 published “3 Easy Ways to Guard Against Inflation”, the next Prnewswire.com is “Silicon Valley Bank Appoints Yvette Butler as Head of Private Bank” on June 21, 2018. Benzinga.com has article titled “10 Biggest Price Target Changes For Tuesday”.

SVB Financial Group (NASDAQ:SIVB) Institutional Investors Chart

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