Fidelity Southern Corporation (LION) Position Maintained by Swiss National Bank

Swiss National Bank held its position in shares of Fidelity Southern Corporation (NASDAQ:LION) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 35,400 shares of the financial services provider’s stock at the end of the second quarter. Swiss National Bank owned 0.13% of Fidelity Southern Corporation worth $809,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Principal Financial Group Inc. increased its stake in shares of Fidelity Southern Corporation by 0.9% in the second quarter. Principal Financial Group Inc. now owns 162,372 shares of the financial services provider’s stock worth $3,712,000 after purchasing an additional 1,445 shares in the last quarter. BDO Wealth Advisors LLC purchased a new position in shares of Fidelity Southern Corporation in the second quarter worth about $1,321,000. Prudential Financial Inc. increased its stake in shares of Fidelity Southern Corporation by 6.4% in the second quarter. Prudential Financial Inc. now owns 393,289 shares of the financial services provider’s stock worth $8,991,000 after purchasing an additional 23,640 shares in the last quarter. State Board of Administration of Florida Retirement System increased its stake in shares of Fidelity Southern Corporation by 4.0% in the second quarter. State Board of Administration of Florida Retirement System now owns 60,003 shares of the financial services provider’s stock worth $1,372,000 after purchasing an additional 2,295 shares in the last quarter. Finally, BNP Paribas Arbitrage SA increased its stake in shares of Fidelity Southern Corporation by 60.7% in the second quarter. BNP Paribas Arbitrage SA now owns 6,440 shares of the financial services provider’s stock worth $147,000 after purchasing an additional 2,432 shares in the last quarter. Hedge funds and other institutional investors own 67.89% of the company’s stock.

Fidelity Southern Corporation (NASDAQ:LION) opened at 23.00 on Friday. Fidelity Southern Corporation has a 52-week low of $17.36 and a 52-week high of $24.95. The stock has a 50 day moving average of $22.65 and a 200-day moving average of $22.24. The company has a market capitalization of $614.22 million, a price-to-earnings ratio of 12.93 and a beta of 1.32.

Fidelity Southern Corporation (NASDAQ:LION) last released its earnings results on Thursday, October 19th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.11). Fidelity Southern Corporation had a return on equity of 12.87% and a net margin of 14.95%. On average, equities research analysts anticipate that Fidelity Southern Corporation will post $1.45 earnings per share for the current fiscal year.

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Several equities analysts have recently weighed in on the stock. ValuEngine downgraded shares of Fidelity Southern Corporation from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 11th. Stephens reiterated a “hold” rating and issued a $24.00 target price on shares of Fidelity Southern Corporation in a research note on Friday, June 23rd. Zacks Investment Research downgraded shares of Fidelity Southern Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. BidaskClub upgraded shares of Fidelity Southern Corporation from a “sell” rating to a “hold” rating in a research note on Wednesday, August 9th. Finally, Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $25.00 target price on shares of Fidelity Southern Corporation in a research note on Thursday, July 27th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $24.50.

In related news, Director David R. Bockel sold 5,700 shares of the stock in a transaction that occurred on Thursday, September 21st. The shares were sold at an average price of $22.05, for a total value of $125,685.00. Following the completion of the sale, the director now directly owns 29,847 shares of the company’s stock, valued at approximately $658,126.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders purchased a total of 545 shares of company stock valued at $12,001 over the last three months. 18.77% of the stock is currently owned by insiders.

Fidelity Southern Corporation Profile

Fidelity Southern Corporation is a bank holding company. The Company conducts its operations through its subsidiary bank, Fidelity Bank, which is a state chartered bank (the Bank). The Company provides an array of financial products and services for business and retail customers in the metropolitan Atlanta and Jacksonville, Orlando and Sarasota-Bradenton, Florida markets.

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

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