ServisFirst Bancshares, Inc. (NYSE:SFBS) Shares Sold by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. lowered its position in ServisFirst Bancshares, Inc. (NYSE:SFBS - Free Report) by 19.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,250 shares of the financial services provider's stock after selling 3,473 shares during the quarter. Jefferies Financial Group Inc.'s holdings in ServisFirst Bancshares were worth $1,208,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. GTS Securities LLC acquired a new stake in shares of ServisFirst Bancshares during the fourth quarter valued at about $225,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in ServisFirst Bancshares by 36.6% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 96,153 shares of the financial services provider's stock valued at $8,148,000 after purchasing an additional 25,785 shares during the last quarter. Waverly Advisors LLC boosted its holdings in ServisFirst Bancshares by 1.0% in the fourth quarter. Waverly Advisors LLC now owns 146,748 shares of the financial services provider's stock valued at $12,435,000 after purchasing an additional 1,493 shares during the last quarter. Twinbeech Capital LP acquired a new stake in ServisFirst Bancshares during the 4th quarter valued at approximately $3,391,000. Finally, Rafferty Asset Management LLC increased its holdings in ServisFirst Bancshares by 7.8% during the 4th quarter. Rafferty Asset Management LLC now owns 40,438 shares of the financial services provider's stock worth $3,427,000 after purchasing an additional 2,911 shares during the last quarter. Institutional investors and hedge funds own 67.31% of the company's stock.

ServisFirst Bancshares Stock Down 0.6%

NYSE SFBS traded down $0.46 during trading hours on Friday, reaching $74.42. 205,866 shares of the company traded hands, compared to its average volume of 227,547. The stock has a market capitalization of $4.06 billion, a PE ratio of 17.89 and a beta of 0.83. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.04. ServisFirst Bancshares, Inc. has a 12 month low of $58.51 and a 12 month high of $101.37. The company has a 50 day moving average of $73.89 and a two-hundred day moving average of $83.84.

ServisFirst Bancshares (NYSE:SFBS - Get Free Report) last issued its earnings results on Monday, April 21st. The financial services provider reported $1.16 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.18 by ($0.02). ServisFirst Bancshares had a net margin of 23.16% and a return on equity of 14.81%. The company had revenue of $131.83 million during the quarter, compared to analyst estimates of $134.13 million. During the same quarter last year, the company posted $0.94 EPS. As a group, equities analysts expect that ServisFirst Bancshares, Inc. will post 5.17 earnings per share for the current year.

ServisFirst Bancshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Shareholders of record on Tuesday, April 1st were paid a dividend of $0.335 per share. This represents a $1.34 annualized dividend and a yield of 1.80%. The ex-dividend date was Tuesday, April 1st. ServisFirst Bancshares's payout ratio is currently 30.45%.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler cut their target price on ServisFirst Bancshares from $96.00 to $84.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 22nd.

About ServisFirst Bancshares

ServisFirst Bancshares, Inc operates as the bank holding company for ServisFirst Bank that provides various banking services to individual and corporate customers. It accepts demand, time, savings, and other deposits; checking, money market, and IRA accounts; and certificates of deposit. The company's loan products include commercial lending products, including seasonal, bridge, and term loans for working capital, expansion of the business, acquisition of property, and plant and equipment, as well as commercial lines of credit; commercial real estate loans, construction and development loans, and residential real estate loans; and consumer loans, such as home equity loans, vehicle financing, loans secured by deposits, and secured and unsecured personal loans.