A.R.T. Advisors LLC acquired a new stake in shares of Fidelity Southern Co. (NASDAQ:LION) during the fourth quarter, Holdings Channel reports. The fund acquired 9,000 shares of the financial services provider’s stock, valued at approximately $213,000.

A number of other large investors also recently bought and sold shares of the stock. First Trust Advisors LP boosted its stake in Fidelity Southern by 0.7% in the third quarter. First Trust Advisors LP now owns 35,663 shares of the financial services provider’s stock valued at $656,000 after buying an additional 255 shares in the last quarter. Cutler Capital Management LLC boosted its stake in Fidelity Southern by 0.9% in the third quarter. Cutler Capital Management LLC now owns 183,709 shares of the financial services provider’s stock valued at $3,378,000 after buying an additional 1,690 shares in the last quarter. Wells Fargo & Company MN boosted its stake in Fidelity Southern by 1.3% in the third quarter. Wells Fargo & Company MN now owns 143,663 shares of the financial services provider’s stock valued at $2,641,000 after buying an additional 1,845 shares in the last quarter. Context BH Capital Management LP boosted its stake in Fidelity Southern by 4.1% in the third quarter. Context BH Capital Management LP now owns 103,073 shares of the financial services provider’s stock valued at $1,896,000 after buying an additional 4,100 shares in the last quarter. Finally, Federated Investors Inc. PA boosted its stake in Fidelity Southern by 21.3% in the fourth quarter. Federated Investors Inc. PA now owns 23,406 shares of the financial services provider’s stock valued at $554,000 after buying an additional 4,109 shares in the last quarter. 63.11% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Fidelity Southern (NASDAQ:LION)

Shares of Fidelity Southern Co. (NASDAQ:LION) opened at 22.39 on Tuesday. The company has a 50-day moving average of $23.55 and a 200 day moving average of $21.56. The company has a market capitalization of $587.27 million, a PE ratio of 14.93 and a beta of 1.05. Fidelity Southern Co. has a 52-week low of $14.45 and a 52-week high of $24.95.

Fidelity Southern (NASDAQ:LION) last announced its quarterly earnings results on Thursday, January 19th. The financial services provider reported $0.57 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.41 by $0.16. Fidelity Southern had a net margin of 13.34% and a return on equity of 14.40%. Analysts predict that Fidelity Southern Co. will post $1.53 earnings per share for the current year.

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Several equities research analysts recently commented on the stock. Zacks Investment Research cut shares of Fidelity Southern from a “hold” rating to a “sell” rating in a research report on Wednesday, December 21st. FBR & Co reaffirmed a “hold” rating and issued a $24.50 price objective on shares of Fidelity Southern in a research report on Monday, January 23rd.

In other Fidelity Southern news, Director William C. Lankford, Jr. sold 5,334 shares of the company’s stock in a transaction that occurred on Friday, January 27th. The shares were sold at an average price of $24.46, for a total value of $130,469.64. Following the completion of the transaction, the director now directly owns 7,930 shares in the company, valued at approximately $193,967.80. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Donald A. Harp, Jr. sold 12,668 shares of the company’s stock in a transaction that occurred on Wednesday, January 25th. The shares were sold at an average price of $24.25, for a total transaction of $307,199.00. Following the completion of the transaction, the director now owns 29,547 shares of the company’s stock, valued at $716,514.75. The disclosure for this sale can be found here. Corporate insiders own 19.93% of the company’s stock.

Fidelity Southern Company Profile

Fidelity Southern Corporation is a bank holding company. The Company operates in the community banking segment. It conducts its operations through its subsidiary bank, Fidelity Bank (the Bank). The Bank provides various financial products and services for retail customers and small to medium-sized businesses, primarily in Atlanta and Jacksonville, Orlando and Sarasota-Bradenton, Florida markets.

5 Day Chart for NASDAQ:LION

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