November 28, 2016 - By olga
Stephen Brolly currently the Chief Financial Officer of Fidelity Southern Corp recently unloaded 2,500 shares of the stock exchange listed company. The insider sale has $57,625 USD total value, at an average stock price per share of $23.1. Presently, Stephen Brolly owns 43,119 shares which make up around 0.17% of the company’s total market cap. This sale was reported on 28-11-2016 and is already filed with the U.S. Security & Exchange Commission. The public Form 4 is available online to the public here.
Out of 4 analysts covering Fidelity Southern Corp (NASDAQ:LION), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. Fidelity Southern Corp has been the topic of 4 analyst reports since July 17, 2015 according to StockzIntelligence Inc. The stock has “Market Perform” rating given by FBR Capital on Wednesday, May 18. The stock has “Outperform” rating given by Wood on Friday, July 22. The firm earned “Outperform” rating on Friday, July 22 by Keefe Bruyette & Woods.
Insitutional Activity: The institutional sentiment increased to 1.56 in Q2 2016. Its up 0.26, from 1.3 in 2016Q1. The ratio improved, as 9 funds sold all Fidelity Southern Corporation shares owned while 28 reduced positions. 12 funds bought stakes while 36 increased positions. They now own 15.28 million shares or 0.03% more from 15.27 million shares in 2016Q1.
Teton Advsr Inc accumulated 11,418 shares or 0.02% of the stock. Globeflex Cap Limited Partnership has 0.1% invested in the company for 23,153 shares. Interocean Cap Ltd Liability Com holds 17,200 shares or 0.07% of its portfolio. Panagora Asset Management, a Massachusetts-based fund reported 13,869 shares. Ejf Cap Limited Liability Company last reported 500,000 shares in the company. Blackrock holds 4,796 shares or 0% of its portfolio. Pnc Svcs Group Inc has 0% invested in the company for 122,167 shares. Allianz Asset Mgmt Ag last reported 0.01% of its portfolio in the stock. Gsa Cap Partners Ltd Liability Partnership reported 18,926 shares or 0.02% of all its holdings. The New York-based Tiaa Cref Inv Mgmt Limited Liability Corp has invested 0% in Fidelity Southern Corporation (NASDAQ:LION). Invesco holds 0% or 30,651 shares in its portfolio. Brandywine Investment Mngmt Llc accumulated 0% or 9,410 shares. Kennedy Mngmt last reported 257,564 shares in the company. Renaissance Technologies Lc holds 0.01% of its portfolio in Fidelity Southern Corporation (NASDAQ:LION) for 381,369 shares. Banc Funds Limited Liability Company has 1.46 million shares for 1.33% of their US portfolio.
Insider Transactions: Since June 10, 2016, the stock had 6 insider buys, and 4 sales for $1.82 million net activity. The insider SHEPHERD W CLYDE III bought $4,005. On Tuesday, August 9 SMITH RANKIN M JR sold $909,031 worth of the stock or 52,078 shares. 12,000 shares with value of $221,688 were sold by Lankford William C Jr on Thursday, October 27.
About 39,033 shares traded hands. Fidelity Southern Corporation (NASDAQ:LION) has risen 38.15% since April 25, 2016 and is uptrending. It has outperformed by 32.14% the S&P500.
Fidelity Southern Corporation is a bank holding company. The company has a market cap of $600.65 million. The Firm operates in the community banking segment. It has a 23.03 P/E ratio. It conducts its activities through its subsidiary bank, Fidelity Bank .
According to Zacks Investment Research, “Fidelity Southern Corporation, through its operating subsidiary Fidelity Bank, provides a wide range of banking, mortgage and investment services through branches in Atlanta, Georgia. Mortgage, construction, and automobile loans are also provided through offices in Jacksonville, Florida.”
Analysts await Fidelity Southern Corporation (NASDAQ:LION) to report earnings on January, 19. They expect $0.38 earnings per share, up 35.71% or $0.10 from last year’s $0.28 per share. LION’s profit will be $9.99M for 15.03 P/E if the $0.38 EPS becomes a reality. After $0.48 actual earnings per share reported by Fidelity Southern Corporation for the previous quarter, Wall Street now forecasts -20.83% negative EPS growth.
More notable recent Fidelity Southern Corporation (NASDAQ:LION) news were published by: Prnewswire.com which released: “Fidelity Southern Corporation Completes Merger With American Enterprise ..” on March 01, 2016, also Prnewswire.com with their article: “Fidelity Southern Corporation Declares Fourth Quarter Cash Dividend” published on January 22, 2015, Nasdaq.com published: “Fidelity Southern Corporation (LION) Ex-Dividend Date Scheduled for October 31 ..” on October 28, 2016. More interesting news about Fidelity Southern Corporation (NASDAQ:LION) were released by: Seekingalpha.com and their article: “Fidelity Southern Sees Growth In Atlanta” published on November 15, 2016 as well as Prnewswire.com‘s news article titled: “Fidelity Southern Corporation Completes Acquisition of Eight Florida Branches” with publication date: September 14, 2015.
Fidelity Southern Corporation (FSC), incorporated on August 3, 1979, is a bank holding company. The Firm operates in the community banking segment. The Firm conducts its activities through its subsidiary bank, Fidelity Bank, which is a state chartered bank (the Bank). The Bank provides various financial services and products for retail clients and small to medium-sized businesses, primarily in Atlanta and Jacksonville, Orlando and Sarasota-Bradenton, Florida markets. It also conducts indirect automobile lending, residential mortgage lending and Small Business Administration (SBA) lending activities in over 10 states. The Firm offers services and products through a network of offices located in Southern states consisting of over 50 owned and over 10 leased retail bank branches, and over 30 loan production offices.
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