Ownership Capital B.V. raised its holdings in SVB Financial Group (NASDAQ:SIVB) by 2.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 302,318 shares of the bank’s stock after buying an additional 6,004 shares during the quarter. SVB Financial Group makes up approximately 3.1% of Ownership Capital B.V.’s holdings, making the stock its 14th largest holding. Ownership Capital B.V. owned 0.57% of SVB Financial Group worth $67,898,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of SIVB. NEXT Financial Group Inc purchased a new stake in shares of SVB Financial Group during the 2nd quarter worth about $33,000. Parallel Advisors LLC grew its holdings in shares of SVB Financial Group by 27.3% during the 1st quarter. Parallel Advisors LLC now owns 312 shares of the bank’s stock worth $69,000 after purchasing an additional 67 shares during the period. Quantamental Technologies LLC purchased a new stake in shares of SVB Financial Group during the 1st quarter worth about $78,000. AdvisorNet Financial Inc grew its holdings in shares of SVB Financial Group by 43.9% during the 2nd quarter. AdvisorNet Financial Inc now owns 426 shares of the bank’s stock worth $96,000 after purchasing an additional 130 shares during the period. Finally, Advisory Services Network LLC grew its holdings in shares of SVB Financial Group by 11.0% during the 2nd quarter. Advisory Services Network LLC now owns 503 shares of the bank’s stock worth $113,000 after purchasing an additional 50 shares during the period. Institutional investors own 90.51% of the company’s stock.

In other SVB Financial Group news, insider Michael Descheneaux sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 7th. The stock was sold at an average price of $201.19, for a total value of $603,570.00. Following the transaction, the insider now directly owns 21,438 shares of the company’s stock, valued at approximately $4,313,111.22. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Philip C. Cox sold 197 shares of the company’s stock in a transaction that occurred on Monday, July 1st. The shares were sold at an average price of $227.45, for a total value of $44,807.65. Following the completion of the transaction, the chief operating officer now directly owns 8,185 shares in the company, valued at $1,861,678.25. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 5,547 shares of company stock worth $1,189,038. 0.73% of the stock is currently owned by corporate insiders.

A number of analysts have recently issued reports on SIVB shares. BidaskClub cut SVB Financial Group from a “hold” rating to a “sell” rating in a report on Friday, August 9th. Piper Jaffray Companies set a $265.00 target price on SVB Financial Group and gave the stock a “buy” rating in a report on Friday, July 26th. FIG Partners cut SVB Financial Group from an “outperform” rating to a “market perform” rating in a report on Friday, April 26th. Wedbush boosted their target price on SVB Financial Group from $225.00 to $235.00 and gave the stock a “neutral” rating in a report on Friday, July 26th. Finally, SunTrust Banks decreased their target price on SVB Financial Group to $260.00 and set a “buy” rating for the company in a report on Monday, July 29th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $273.56.

SVB Financial Group stock traded down $3.40 during midday trading on Thursday, hitting $186.72. 9,726 shares of the company were exchanged, compared to its average volume of 592,857. The stock has a fifty day simple moving average of $217.08. The company has a market cap of $9.81 billion, a P/E ratio of 10.24, a PEG ratio of 1.22 and a beta of 2.07. The company has a current ratio of 0.71, a quick ratio of 0.70 and a debt-to-equity ratio of 0.12. SVB Financial Group has a fifty-two week low of $177.70 and a fifty-two week high of $332.90.

SVB Financial Group (NASDAQ:SIVB) last announced its earnings results on Thursday, July 25th. The bank reported $6.08 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $4.98 by $1.10. SVB Financial Group had a return on equity of 21.44% and a net margin of 35.83%. The company had revenue of $863.15 million for the quarter, compared to analyst estimates of $787.38 million. During the same period in the prior year, the company posted $4.42 EPS. On average, sell-side analysts predict that SVB Financial Group will post 21.26 earnings per share for the current fiscal year.

SVB Financial Group Profile

SVB Financial Group, a diversified financial services company, provides various banking and financial products and services. The company operates through three segments: Global Commercial Bank, SVB Private Bank, and SVB Capital. The 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 products and services comprising term loans, equipment loans, asset-based loans, revolving lines of credit, accounts-receivable-based lines of credit, capital call lines of credit, and credit cards; and payment and cash management products and services, including wire transfer and automated clearing house payment, bill pay, debit and credit cards, account analysis, and disbursement, as well as online and mobile banking services.

Further Reading: Margin

Institutional Ownership by Quarter for SVB Financial Group (NASDAQ:SIVB)

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