Can analysts adopt a bullish outlook for SVB Financial Group (NASDAQ:SIVB)?

November 10, 2018 - By Nellie Frank

SVB Financial Group (NASDAQ:SIVB) LogoInvestors sentiment decreased to 1.06 in 2018 Q2. Its down 0.30, from 1.36 in 2018Q1. It dived, 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.
Motley Fool Asset Mgmt Ltd Llc holds 10,567 shares or 0.41% of its portfolio. Daiwa Securities Gp Inc reported 11,316 shares. Spc stated it has 0.16% in SVB Financial Group (NASDAQ:SIVB). Pillar Pacific Ltd Company stated it has 0.72% in SVB Financial Group (NASDAQ:SIVB). Quantitative Systematic Strategies Limited Liability Com reported 11,707 shares stake. Schroder Invest Management Gru Incorporated has invested 0% of its portfolio in SVB Financial Group (NASDAQ:SIVB). Kentucky Retirement System has invested 0.07% of its portfolio in SVB Financial Group (NASDAQ:SIVB). Alpha Cubed Invs Lc accumulated 1,014 shares. Commonwealth Of Pennsylvania School Empls Retrmt has invested 0.02% in SVB Financial Group (NASDAQ:SIVB). New Jersey Better Educational Savings stated it has 1,000 shares or 0.31% of all its holdings. Grandeur Peak Glob Advsr Limited Co holds 1.61% of its portfolio in SVB Financial Group (NASDAQ:SIVB) for 54,485 shares. Vident Inv Advisory Ltd Liability Co accumulated 1,125 shares. Prudential Public Limited accumulated 766 shares. Sumitomo Mitsui Tru Hldg has invested 0.06% of its portfolio in SVB Financial Group (NASDAQ:SIVB). British Columbia Invest Mgmt Corporation accumulated 0.1% or 40,448 shares.

Since May 14, 2018, it had 0 buys, and 4 selling transactions for $863,682 activity. $231,992 worth of stock was sold by MITCHELL KATE on Wednesday, May 30. Edmonds-Waters Christopher had sold 2,314 shares worth $738,504.

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. The company was maintained on Monday, June 11 by JP Morgan. The rating was maintained by JP Morgan on Friday, July 27 with “Overweight”. The firm has “Equal-Weight” rating by Barclays Capital given on Wednesday, October 3. The rating was maintained by Wells Fargo on Friday, July 27 with “Outperform”. The company was maintained on Monday, October 29 by SunTrust. The firm has “Outperform” rating by Wells Fargo given on Tuesday, June 26. The rating was upgraded by DA Davidson on Friday, October 26 to “Buy”. The stock has “Overweight” rating by Morgan Stanley on Tuesday, July 31. The firm has “Strong Buy” rating given on Friday, October 26 by Raymond James. The stock of SVB Financial Group (NASDAQ:SIVB) has “Neutral” rating given on Friday, July 27 by Wedbush. 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: Fool.com which released: “SVB Financial’s Earnings Soar 85% in the Third Quarter” on October 29, 2018. Also Fool.com published the news titled: “Why SVB Financial Group Dropped 12% on Friday” on October 26, 2018. Bizjournals.com‘s news article titled: “SF startup backed by Kevin Durant raises $35 million, seeks larger HQ” with publication date: October 30, 2018 was also an interesting one.

SVB Financial Group (NASDAQ:SIVB) Institutional Positions Chart

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