UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 25,785 Shares of ServisFirst Bancshares, Inc. (NYSE:SFBS)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of ServisFirst Bancshares, Inc. (NYSE:SFBS - Free Report) by 36.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 96,153 shares of the financial services provider's stock after buying an additional 25,785 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.18% of ServisFirst Bancshares worth $8,148,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Barclays PLC increased its holdings in shares of ServisFirst Bancshares by 150.6% in the 3rd quarter. Barclays PLC now owns 100,688 shares of the financial services provider's stock worth $8,101,000 after acquiring an additional 60,517 shares during the period. Janney Montgomery Scott LLC lifted its holdings in ServisFirst Bancshares by 18.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 6,621 shares of the financial services provider's stock valued at $561,000 after acquiring an additional 1,014 shares during the last quarter. KBC Group NV grew its stake in shares of ServisFirst Bancshares by 52.4% in the 4th quarter. KBC Group NV now owns 2,326 shares of the financial services provider's stock worth $197,000 after purchasing an additional 800 shares during the last quarter. R Squared Ltd acquired a new position in shares of ServisFirst Bancshares in the 4th quarter worth approximately $69,000. Finally, Precision Wealth Strategies LLC grew its stake in shares of ServisFirst Bancshares by 1.8% in the 4th quarter. Precision Wealth Strategies LLC now owns 7,345 shares of the financial services provider's stock worth $622,000 after purchasing an additional 133 shares during the last quarter. 67.31% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

ServisFirst Bancshares Stock Down 1.5%

SFBS stock traded down $1.12 during mid-day trading on Monday, hitting $73.31. The stock had a trading volume of 246,490 shares, compared to its average volume of 227,985. The stock has a market capitalization of $4.00 billion, a price-to-earnings ratio of 17.62 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 1-year low of $58.51 and a 1-year high of $101.37. The company has a fifty day moving average of $73.89 and a 200 day moving average of $83.68.

ServisFirst Bancshares (NYSE:SFBS - Get Free Report) last issued its quarterly earnings data 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). The business had revenue of $131.83 million during the quarter, compared to the consensus estimate of $134.13 million. ServisFirst Bancshares had a return on equity of 14.81% and a net margin of 23.16%. During the same quarter in the prior year, the company posted $0.94 earnings per share. On average, equities analysts expect that ServisFirst Bancshares, Inc. will post 5.17 EPS for the current fiscal year.

ServisFirst Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Tuesday, April 1st were issued a $0.335 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $1.34 annualized dividend and a yield of 1.83%. ServisFirst Bancshares's dividend payout ratio (DPR) is presently 30.45%.

ServisFirst Bancshares Profile

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.