As Svb Financial Group (SIVB) Market Valuation Declined, Shareholder Aureus Asset Management Has Decreased Its Stake by $637,488; As Kirklands (KIRK) Share Price Declined, Nokomis Capital Cut Its Stake

May 20, 2018 - By Marguerite Chambers

SVB Financial Group (NASDAQ:SIVB) Logo

Aureus Asset Management Llc decreased its stake in Svb Financial Group (SIVB) by 3.49% based on its latest 2017Q4 regulatory filing with the SEC. Aureus Asset Management Llc sold 2,736 shares as the company’s stock declined 1.03% with the market. The institutional investor held 75,644 shares of the major banks company at the end of 2017Q4, valued at $17.68 million, down from 78,380 at the end of the previous reported quarter. Aureus Asset Management Llc who had been investing in Svb Financial Group for a number of months, seems to be less bullish one the $17.05B market cap company. The stock decreased 0.49% or $1.58 during the last trading session, reaching $321.78. About 315,387 shares traded. SVB Financial Group (NASDAQ:SIVB) has risen 33.86% since May 20, 2017 and is uptrending. It has outperformed by 22.31% the S&P500.

Brett Hendrickson decreased its stake in Kirklands Inc (KIRK) by 49.42% based on its latest 2017Q4 regulatory filing with the SEC. Nokomis Capital Llc sold 569,267 shares as the company’s stock declined 24.20% with the market. The hedge fund run by Brett Hendrickson held 582,701 shares of the consumer services company at the end of 2017Q4, valued at $6.97M, down from 1.15 million at the end of the previous reported quarter. Nokomis Capital Llc who had been investing in Kirklands Inc for a number of months, seems to be less bullish one the $164.01M market cap company. It closed at $10.41 lastly. It is down 20.53% since May 20, 2017 and is downtrending. It has underperformed by 32.08% the S&P500.

Analysts await Kirkland's, Inc. (NASDAQ:KIRK) to report earnings on May, 22. They expect $-0.09 earnings per share, 0.00% or $0.00 from last year’s $-0.09 per share. After $0.79 actual earnings per share reported by Kirkland's, Inc. for the previous quarter, Wall Street now forecasts -111.39% negative EPS growth.

Among 8 analysts covering Kirkland’s (NASDAQ:KIRK), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. Kirkland’s had 15 analyst reports since September 4, 2015 according to SRatingsIntel. On Wednesday, September 27 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. The rating was maintained by Barrington Research with “Outperform” on Friday, November 20. The stock of Kirkland's, Inc. (NASDAQ:KIRK) earned “Buy” rating by FBR Capital on Wednesday, November 22. Sidoti upgraded Kirkland's, Inc. (NASDAQ:KIRK) rating on Tuesday, August 22. Sidoti has “Buy” rating and $12.0 target. The stock of Kirkland's, Inc. (NASDAQ:KIRK) earned “Neutral” rating by Sidoti on Tuesday, August 23. SunTrust maintained the stock with “Buy” rating in Wednesday, August 24 report. B. Riley & Co upgraded the shares of KIRK in report on Monday, March 13 to “Buy” rating. FBR Capital initiated the shares of KIRK in report on Monday, March 19 with “Buy” rating. The stock has “Hold” rating by Zacks on Friday, September 4. B. Riley & Co maintained Kirkland's, Inc. (NASDAQ:KIRK) rating on Monday, March 19. B. Riley & Co has “Buy” rating and $13.5 target.

Nokomis Capital Llc, which manages about $289.90M and $441.84M US Long portfolio, upped its stake in Kemet Corp (NYSE:KEM) by 1.10 million shares to 1.34 million shares, valued at $20.14M in 2017Q4, according to the filing. It also increased its holding in Halcon Res Corp by 1.32M shares in the quarter, for a total of 1.76M shares, and has risen its stake in Wildhorse Resource Dev Corp.

Investors sentiment decreased to 1.26 in 2017 Q4. Its down 0.65, from 1.91 in 2017Q3. It fall, as 16 investors sold KIRK shares while 31 reduced holdings. 21 funds opened positions while 38 raised stakes. 14.07 million shares or 1.83% less from 14.33 million shares in 2017Q3 were reported. Millennium Management Ltd owns 156,459 shares for 0% of their portfolio. Public Employees Retirement Association Of Colorado holds 9,956 shares or 0% of its portfolio. Teachers Retirement Of The State Of Kentucky invested in 10,500 shares or 0% of the stock. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta has invested 0% in Kirkland's, Inc. (NASDAQ:KIRK). 19,182 are owned by Ifc Hldgs Fl. Tower Rech Cap Lc (Trc) has invested 0.01% of its portfolio in Kirkland's, Inc. (NASDAQ:KIRK). Arrowstreet Cap Ltd Partnership accumulated 263,607 shares. Ls Investment Lc holds 0% or 500 shares in its portfolio. Jpmorgan Chase reported 4,883 shares stake. Great West Life Assurance Can invested in 0% or 19,450 shares. Jacobs Levy Equity Management invested in 0.01% or 63,918 shares. Bridgeway Cap Mgmt invested 0.02% of its portfolio in Kirkland's, Inc. (NASDAQ:KIRK). Strs Ohio stated it has 52,300 shares or 0% of all its holdings. First Quadrant LP Ca invested in 10,407 shares. Schwab Charles Investment has 33,029 shares.

Since March 20, 2018, it had 0 insider purchases, and 1 sale for $150,768 activity.

More notable recent SVB Financial Group (NASDAQ:SIVB) news were published by: Fool.com which released: “Here’s Why SVB Financial Group Is Soaring Today” on April 27, 2018, also Prnewswire.com with their article: “SVB Financial Group Announces 2018 Investor Day” published on May 07, 2018, Seekingalpha.com published: “SVB Financial’s (SIVB) CEO Greg Becker on Q1 2018 Results – Earnings Call Transcript” on April 27, 2018. More interesting news about SVB Financial Group (NASDAQ:SIVB) were released by: Nasdaq.com and their article: “Why SVB Financial Group, Exact Sciences, and Sprint Jumped Today” published on April 27, 2018 as well as Nasdaq.com‘s news article titled: “Mid-Day Market Update: DMC Global Surges Following Q1 Results; Biglari Holdings Shares Plummet” with publication date: April 27, 2018.

Since February 2, 2018, it had 0 insider purchases, and 11 insider sales for $9.85 million activity. On Friday, February 2 Cox Philip C sold $297,007 worth of SVB Financial Group (NASDAQ:SIVB) or 1,175 shares. 4,500 shares were sold by BECKER GREGORY W, worth $1.10 million on Wednesday, February 7. Edmonds-Waters Christopher also sold $738,504 worth of SVB Financial Group (NASDAQ:SIVB) on Monday, May 14. The insider Husain Kamran F sold $480,576. DRAPER MICHELLE had sold 2,510 shares worth $624,854.

Investors sentiment increased to 1.19 in 2017 Q4. Its up 0.21, from 0.98 in 2017Q3. It improved, as 30 investors sold SIVB shares while 133 reduced holdings. 75 funds opened positions while 119 raised stakes. 45.46 million shares or 9.47% less from 50.21 million shares in 2017Q3 were reported. Smithfield Tru holds 0% of its portfolio in SVB Financial Group (NASDAQ:SIVB) for 21 shares. Voya Invest Mgmt Ltd Liability Corp holds 0.01% of its portfolio in SVB Financial Group (NASDAQ:SIVB) for 21,795 shares. Earnest Ptnrs stated it has 0% in SVB Financial Group (NASDAQ:SIVB). Endurance Wealth Management Incorporated stated it has 165 shares. Sumitomo Mitsui Trust Inc, a Japan-based fund reported 148,679 shares. Cibc Asset Mngmt accumulated 1,785 shares. X Ltd Llc has invested 0% in SVB Financial Group (NASDAQ:SIVB). Robeco Institutional Asset Mgmt Bv has invested 0.03% in SVB Financial Group (NASDAQ:SIVB). Natl Bank Of America De holds 447,225 shares. Gru One Trading Lp holds 0.01% of its portfolio in SVB Financial Group (NASDAQ:SIVB) for 5,725 shares. Deutsche State Bank Ag reported 0.04% in SVB Financial Group (NASDAQ:SIVB). Canada Pension Plan Invest Board stated it has 0.01% in SVB Financial Group (NASDAQ:SIVB). Victory Capital Mgmt holds 0.33% in SVB Financial Group (NASDAQ:SIVB) or 668,163 shares. Clearbridge Limited Liability Com owns 0.08% invested in SVB Financial Group (NASDAQ:SIVB) for 362,039 shares. Thrivent Financial For Lutherans holds 0.09% in SVB Financial Group (NASDAQ:SIVB) or 109,016 shares.

Among 18 analysts covering SVB Financial Group (NASDAQ:SIVB), 15 have Buy rating, 0 Sell and 3 Hold. Therefore 83% are positive. SVB Financial Group had 70 analyst reports since July 29, 2015 according to SRatingsIntel. Sandler O’Neill maintained SVB Financial Group (NASDAQ:SIVB) rating on Friday, January 26. Sandler O’Neill has “Buy” rating and $289.0 target. As per Tuesday, March 20, the company rating was maintained by Stephens. The stock of SVB Financial Group (NASDAQ:SIVB) has “Market Outperform” rating given on Monday, April 30 by JMP Securities. The stock has “Outperform” rating by FIG Partners on Tuesday, April 11. The company was maintained on Monday, October 30 by Maxim Group. The rating was initiated by Piper Jaffray with “Neutral” on Tuesday, October 13. As per Monday, April 30, the company rating was maintained by Maxim Group. Wood maintained SVB Financial Group (NASDAQ:SIVB) on Friday, May 27 with “Outperform” rating. On Wednesday, January 31 the stock rating was maintained by Morgan Stanley with “Overweight”. The firm has “Equal Weight” rating given on Friday, April 7 by Barclays Capital.

SVB Financial Group (NASDAQ:SIVB) Institutional Positions Chart

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