EPS for SVB Financial Group (SIVB) Expected At $2.07

June 20, 2017 - By Dolores Ford

 EPS for SVB Financial Group (SIVB) Expected At $2.07
Investors sentiment decreased to 0.99 in 2016 Q4. Its down 0.16, from 1.15 in 2016Q3. It dropped, as 23 investors sold SVB Financial Group shares while 140 reduced holdings. 71 funds opened positions while 90 raised stakes. 48.79 million shares or 3.15% more from 47.30 million shares in 2016Q3 were reported.
Moreover, Blackrock Group Limited has 0.01% invested in SVB Financial Group (NASDAQ:SIVB) for 141,539 shares. 131,100 are held by California Pub Employees Retirement System. Aperio Group Inc Ltd Liability Com, a California-based fund reported 14,230 shares. Stephens Ar has 0.02% invested in SVB Financial Group (NASDAQ:SIVB) for 3,204 shares. Old Natl Natl Bank In invested in 0.04% or 4,566 shares. Comerica Commercial Bank owns 41,917 shares. Zweig has 0.3% invested in SVB Financial Group (NASDAQ:SIVB) for 24,441 shares. Irving Magee Management reported 1.64% of its portfolio in SVB Financial Group (NASDAQ:SIVB). Wells Fargo And Com Mn reported 90,016 shares stake. 2.33 million were reported by State Street. Moreover, Assetmark has 0% invested in SVB Financial Group (NASDAQ:SIVB). 278,650 were accumulated by Penn Mngmt. Ohio-based Winslow Asset Management Incorporated has invested 1.6% in SVB Financial Group (NASDAQ:SIVB). Liberty Mutual Asset Mngmt Incorporated holds 0.14% or 23,482 shares. Salem Investment Counselors reported 0.07% in SVB Financial Group (NASDAQ:SIVB).

Since January 31, 2017, it had 0 insider buys, and 11 insider sales for $14.77 million activity. Cadieux Marc C sold $449,912 worth of stock. The insider BECKER GREGORY W sold $5.72 million. Wallace Bruce had sold 8,790 shares worth $1.60M. Another trade for 2,000 shares valued at $385,922 was sold by STAGLIN GAREN K. BENHAMOU ERIC sold $393,835 worth of SVB Financial Group (NASDAQ:SIVB) on Wednesday, March 1. On Monday, February 13 the insider Dunbar Roger F sold $104,659. Edmonds-Waters Christopher sold $1.03M worth of stock or 5,680 shares.

Analysts await SVB Financial Group (NASDAQ:SIVB) to report earnings on July, 20. They expect $2.07 EPS, up 16.29 % or $0.29 from last year’s $1.78 per share. SIVB’s profit will be $109.82 million for 21.49 P/E if the $2.07 EPS becomes a reality. After $1.91 actual EPS reported by SVB Financial Group for the previous quarter, Wall Street now forecasts 8.38 % EPS growth. About 94,442 shares traded. SVB Financial Group (NASDAQ:SIVB) has risen 74.61% since June 20, 2016 and is uptrending. It has outperformed by 57.91% the S&P500.

SVB Financial Group (NASDAQ:SIVB) Ratings Coverage

Among 11 analysts covering SVB Financial Group (NASDAQ:SIVB), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. SVB Financial Group has $200.0 highest and $125 lowest target. $164.50’s average target is -7.55% below currents $177.94 stock price. SVB Financial Group had 21 analyst reports since July 29, 2015 according to SRatingsIntel. On Friday, October 9 the stock rating was maintained by Barclays Capital with “Overweight”. The firm has “Buy” rating by Keefe Bruyette & Woods given on Monday, May 29. Piper Jaffray initiated the stock with “Neutral” rating in Tuesday, October 13 report. DA Davidson upgraded the stock to “Buy” rating in Friday, August 28 report. FIG Partners initiated the shares of SIVB in report on Tuesday, April 11 with “Outperform” rating. The firm has “Neutral” rating by DA Davidson given on Friday, July 22. Wood maintained the shares of SIVB in report on Friday, May 27 with “Outperform” rating. On Friday, October 23 the stock rating was maintained by Barclays Capital with “Overweight”. Piper Jaffray upgraded the stock to “Overweight” rating in Friday, January 22 report. As per Thursday, March 24, the company rating was maintained by Barclays Capital.

SVB Financial Group is a financial services company, as well as a bank holding and a financial holding company. The company has market cap of $9.44 billion. The Company’s divisions include Global Commercial Bank, SVB Private Bank and SVB Capital. It has a 23.12 P/E ratio. The Global Commercial Bank segment consists of the activities of its Commercial Bank, and of SVB Wine, SVB Analytics and its Debt Fund Investments.

More news for SVB Financial Group (NASDAQ:SIVB) were recently published by: Fool.com, which released: “SVB Financial Group Earnings Jump 28% Despite Elevated Competition” on May 02, 2017. Bizjournals.com‘s article titled: “Silicon Valley Bank and SVB Financial Group name new president, CFO” and published on May 12, 2017 is yet another important article.

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