DE Burlo Group Inc. increased its position in shares of SVB Financial Group (NASDAQ:SIVB) by 474.2% in the fourth quarter, HoldingsChannel reports. The firm owned 51,100 shares of the bank’s stock after acquiring an additional 42,200 shares during the quarter. SVB Financial Group comprises 2.4% of DE Burlo Group Inc.’s holdings, making the stock its 12th largest position. DE Burlo Group Inc.’s holdings in SVB Financial Group were worth $11,945,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of SIVB. Oakbrook Investments LLC boosted its stake in SVB Financial Group by 84.3% in the third quarter. Oakbrook Investments LLC now owns 4,100 shares of the bank’s stock valued at $767,000 after acquiring an additional 1,875 shares in the last quarter. Strs Ohio boosted its stake in SVB Financial Group by 4.3% in the third quarter. Strs Ohio now owns 407,764 shares of the bank’s stock valued at $76,288,000 after acquiring an additional 16,811 shares in the last quarter. California Public Employees Retirement System boosted its stake in SVB Financial Group by 3.8% in the third quarter. California Public Employees Retirement System now owns 139,055 shares of the bank’s stock valued at $26,016,000 after acquiring an additional 5,155 shares in the last quarter. BNP Paribas Arbitrage SA boosted its stake in SVB Financial Group by 37.7% in the third quarter. BNP Paribas Arbitrage SA now owns 42,877 shares of the bank’s stock valued at $8,022,000 after acquiring an additional 11,740 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its stake in SVB Financial Group by 7.8% in the third quarter. Wells Fargo & Company MN now owns 107,473 shares of the bank’s stock valued at $20,107,000 after acquiring an additional 7,783 shares in the last quarter. Hedge funds and other institutional investors own 90.11% of the company’s stock.

In other news, insider Gregory W. Becker sold 4,500 shares of the company’s stock in a transaction dated Wednesday, February 7th. The shares were sold at an average price of $243.49, for a total value of $1,095,705.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Eric Benhamou sold 2,000 shares of the company’s stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $226.01, for a total transaction of $452,020.00. The disclosure for this sale can be found here. Insiders sold 17,186 shares of company stock valued at $4,057,749 over the last ninety days. Corporate insiders own 0.73% of the company’s stock.

Shares of SVB Financial Group (NASDAQ:SIVB) opened at $239.45 on Wednesday. SVB Financial Group has a 1-year low of $159.44 and a 1-year high of $263.09. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.16. The company has a market cap of $12,673.05, a PE ratio of 26.00, a PEG ratio of 1.57 and a beta of 1.49.

SVB Financial Group (NASDAQ:SIVB) last announced its earnings results on Thursday, January 25th. The bank reported $2.19 EPS for the quarter, missing analysts’ consensus estimates of $2.60 by ($0.41). SVB Financial Group had a net margin of 24.25% and a return on equity of 12.83%. The business had revenue of $545.97 million during the quarter, compared to analysts’ expectations of $523.45 million. During the same period in the previous year, the company posted $1.89 earnings per share. sell-side analysts anticipate that SVB Financial Group will post 13.85 EPS for the current fiscal year.

Several research firms have issued reports on SIVB. SunTrust Banks upped their price objective on shares of SVB Financial Group to $300.00 and gave the company a “buy” rating in a research note on Friday, January 26th. Stephens restated a “buy” rating on shares of SVB Financial Group in a research note on Friday, January 26th. Jefferies Group restated a “buy” rating on shares of SVB Financial Group in a research note on Friday, January 26th. Barclays restated a “hold” rating and issued a $273.00 price objective on shares of SVB Financial Group in a research note on Sunday, January 28th. Finally, FIG Partners downgraded shares of SVB Financial Group from an “outperform” rating to a “market perform” rating in a research note on Friday, January 26th. Five investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $239.92.

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About SVB Financial Group

SVB Financial Group is a financial services company, as well as a bank holding and a financial holding company. The Company’s segments include Global Commercial Bank, SVB Private Bank and SVB Capital. The Global Commercial Bank segment consists of the operations of its Commercial Bank, and of SVB Wine, SVB Analytics and its Debt Fund Investments.

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Institutional Ownership by Quarter for SVB Financial Group (NASDAQ:SIVB)

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