Fidelity Southern Co. (LION) Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. boosted its holdings in shares of Fidelity Southern Co. (NASDAQ:LION) by 2.3% during the 3rd quarter, according to the …

Fidelity Southern logoVanguard Group Inc. boosted its holdings in shares of Fidelity Southern Co. (NASDAQ:LION) by 2.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,389,834 shares of the financial services provider’s stock after buying an additional 31,842 shares during the quarter. Vanguard Group Inc. owned approximately 5.10% of Fidelity Southern worth $34,440,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. BlackRock Inc. lifted its position in Fidelity Southern by 5.8% during the third quarter. BlackRock Inc. now owns 3,222,298 shares of the financial services provider’s stock valued at $79,850,000 after purchasing an additional 176,770 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Fidelity Southern by 5.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,950,590 shares of the financial services provider’s stock valued at $48,336,000 after purchasing an additional 102,684 shares during the last quarter. FMR LLC acquired a new position in Fidelity Southern in the 3rd quarter valued at about $1,313,000. Montag A & Associates Inc. boosted its holdings in Fidelity Southern by 359.8% in the 3rd quarter. Montag A & Associates Inc. now owns 59,776 shares of the financial services provider’s stock valued at $1,481,000 after purchasing an additional 46,776 shares during the last quarter. Finally, Renaissance Technologies LLC acquired a new position in shares of Fidelity Southern in the 2nd quarter worth approximately $1,183,000. 68.66% of the stock is currently owned by institutional investors and hedge funds.

In related news, Director Rankin M. Smith, Jr. bought 15,000 shares of the stock in a transaction that occurred on Monday, December 24th. The stock was purchased at an average cost of $25.25 per share, for a total transaction of $378,750.00. Following the completion of the acquisition, the director now owns 259,009 shares in the company, valued at $6,539,977.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 20.18% of the stock is currently owned by insiders.

NASDAQ:LION traded up $0.32 during mid-day trading on Tuesday, hitting $31.74. 1,920 shares of the company’s stock traded hands, compared to its average volume of 191,641. The company has a market capitalization of $856.82 million, a P/E ratio of 19.68 and a beta of 0.66. Fidelity Southern Co. has a 1 year low of $21.18 and a 1 year high of $31.97. The company has a current ratio of 1.00, a quick ratio of 0.94 and a debt-to-equity ratio of 0.27.

Fidelity Southern (NASDAQ:LION) last issued its quarterly earnings results on Thursday, January 17th. The financial services provider reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.03. Fidelity Southern had a net margin of 13.68% and a return on equity of 10.25%. The business had revenue of $70.64 million during the quarter, compared to the consensus estimate of $67.90 million. On average, equities research analysts predict that Fidelity Southern Co. will post 1.63 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Thursday, February 14th. Investors of record on Monday, February 4th were issued a $0.12 dividend. The ex-dividend date was Friday, February 1st. This represents a $0.48 dividend on an annualized basis and a yield of 1.51%. Fidelity Southern’s payout ratio is 29.81%.

Several brokerages have recently commented on LION. Zacks Investment Research lowered shares of Fidelity Southern from a “buy” rating to a “hold” rating in a report on Saturday, January 19th. BidaskClub raised shares of Fidelity Southern from a “hold” rating to a “buy” rating in a research report on Saturday, January 5th. Sandler O’Neill raised shares of Fidelity Southern from a “hold” rating to a “buy” rating in a research report on Wednesday, December 19th. Finally, ValuEngine raised shares of Fidelity Southern from a “hold” rating to a “buy” rating in a research report on Tuesday, October 23rd. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $29.33.

WARNING: “Fidelity Southern Co. (LION) Shares Bought by Vanguard Group Inc.” was originally posted by Fairfield Current and is owned by of Fairfield Current. If you are accessing this piece on another publication, it was stolen and republished in violation of United States & international trademark and copyright laws. The correct version of this piece can be read at https://www.fairfieldcurrent.com/news/2019/02/19/fidelity-southern-co-lion-stake-lifted-by-vanguard-group-inc.html.

About Fidelity Southern

Fidelity Southern Corporation operates as the holding company for Fidelity Bank that provides financial products and services primarily for individuals, and small and medium-sized businesses in the United States. The company accepts noninterest-bearing demand and interest-bearing demand accounts, including money market accounts and savings deposits; and time deposits.

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

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Fidelity Southern Co. (LION) Stake Lifted by Vanguard Group Inc.

Vanguard Group Inc. grew its holdings in Fidelity Southern Co. (NASDAQ:LION) by 2.3% during the third quarter, according to the company in its most …

Fidelity Southern logoVanguard Group Inc. grew its holdings in Fidelity Southern Co. (NASDAQ:LION) by 2.3% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 1,389,834 shares of the financial services provider’s stock after acquiring an additional 31,842 shares during the quarter. Vanguard Group Inc. owned about 5.10% of Fidelity Southern worth $34,440,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Voya Investment Management LLC purchased a new position in Fidelity Southern during the 2nd quarter worth approximately $216,000. MetLife Investment Advisors LLC lifted its position in Fidelity Southern by 58.7% during the 3rd quarter. MetLife Investment Advisors LLC now owns 17,185 shares of the financial services provider’s stock worth $426,000 after acquiring an additional 6,358 shares during the period. Salem Investment Counselors Inc. lifted its position in Fidelity Southern by 17.1% during the 3rd quarter. Salem Investment Counselors Inc. now owns 27,345 shares of the financial services provider’s stock worth $678,000 after acquiring an additional 4,000 shares during the period. Legal & General Group Plc lifted its position in Fidelity Southern by 9.4% during the 3rd quarter. Legal & General Group Plc now owns 47,503 shares of the financial services provider’s stock worth $1,177,000 after acquiring an additional 4,083 shares during the period. Finally, Renaissance Technologies LLC acquired a new stake in Fidelity Southern during the 2nd quarter worth approximately $1,183,000. Institutional investors and hedge funds own 68.66% of the company’s stock.

Shares of LION traded up $0.21 during mid-day trading on Tuesday, hitting $31.16. The company’s stock had a trading volume of 101 shares, compared to its average volume of 176,663. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.00 and a quick ratio of 0.94. The stock has a market capitalization of $834.47 million, a P/E ratio of 19.47 and a beta of 0.66. Fidelity Southern Co. has a 1-year low of $21.18 and a 1-year high of $31.19.

Fidelity Southern (NASDAQ:LION) last posted its quarterly earnings results on Thursday, January 17th. The financial services provider reported $0.36 EPS for the quarter, beating the consensus estimate of $0.33 by $0.03. The business had revenue of $70.64 million during the quarter, compared to analysts’ expectations of $67.90 million. Fidelity Southern had a return on equity of 10.25% and a net margin of 13.68%. Research analysts anticipate that Fidelity Southern Co. will post 1.63 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 14th. Investors of record on Monday, February 4th will be issued a dividend of $0.12 per share. The ex-dividend date is Friday, February 1st. This represents a $0.48 annualized dividend and a yield of 1.54%. Fidelity Southern’s dividend payout ratio is presently 29.81%.

A number of research firms have weighed in on LION. Zacks Investment Research cut Fidelity Southern from a “buy” rating to a “hold” rating in a research report on Saturday, January 19th. BidaskClub raised Fidelity Southern from a “hold” rating to a “buy” rating in a report on Saturday, January 5th. Sandler O’Neill raised Fidelity Southern from a “hold” rating to a “buy” rating in a report on Wednesday, December 19th. ValuEngine raised Fidelity Southern from a “hold” rating to a “buy” rating in a report on Tuesday, October 23rd. Finally, Stephens reissued a “buy” rating and issued a $31.00 price target on shares of Fidelity Southern in a report on Thursday, October 18th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $29.33.

In other news, Director Rankin M. Smith, Jr. acquired 15,000 shares of Fidelity Southern stock in a transaction that occurred on Monday, December 24th. The stock was purchased at an average cost of $25.25 per share, with a total value of $378,750.00. Following the completion of the acquisition, the director now owns 259,009 shares in the company, valued at approximately $6,539,977.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 20.18% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Fidelity Southern Co. (LION) Stake Lifted by Vanguard Group Inc.” was published by Fairfield Current and is the sole property of of Fairfield Current. If you are viewing this story on another publication, it was illegally stolen and reposted in violation of United States & international copyright & trademark laws. The legal version of this story can be accessed at https://www.fairfieldcurrent.com/news/2019/02/12/fidelity-southern-co-lion-stake-lifted-by-vanguard-group-inc.html.

Fidelity Southern Company Profile

Fidelity Southern Corporation operates as the holding company for Fidelity Bank that provides financial products and services primarily for individuals, and small and medium-sized businesses in the United States. The company accepts noninterest-bearing demand and interest-bearing demand accounts, including money market accounts and savings deposits; and time deposits.

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

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AQR Capital Management LLC Has $3.37 Million Stake in Fidelity Southern Co. (LION)

AQR Capital Management LLC trimmed its holdings in shares of Fidelity Southern Co. (NASDAQ:LION) by 3.5% during the 3rd quarter, according to …

Fidelity Southern logoAQR Capital Management LLC trimmed its holdings in shares of Fidelity Southern Co. (NASDAQ:LION) by 3.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 136,098 shares of the financial services provider’s stock after selling 4,924 shares during the period. AQR Capital Management LLC owned about 0.50% of Fidelity Southern worth $3,372,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Wells Fargo & Company MN grew its holdings in Fidelity Southern by 53.1% during the 2nd quarter. Wells Fargo & Company MN now owns 283,668 shares of the financial services provider’s stock worth $7,207,000 after acquiring an additional 98,390 shares in the last quarter. Voya Investment Management LLC bought a new position in Fidelity Southern during the 2nd quarter worth about $216,000. Salem Investment Counselors Inc. grew its holdings in Fidelity Southern by 17.1% during the 3rd quarter. Salem Investment Counselors Inc. now owns 27,345 shares of the financial services provider’s stock worth $678,000 after acquiring an additional 4,000 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in Fidelity Southern by 44.6% during the 3rd quarter. Russell Investments Group Ltd. now owns 53,870 shares of the financial services provider’s stock worth $1,334,000 after acquiring an additional 16,608 shares in the last quarter. Finally, FMR LLC bought a new position in Fidelity Southern during the 3rd quarter worth about $1,313,000. Institutional investors own 69.81% of the company’s stock.

Several research analysts have issued reports on the stock. Zacks Investment Research cut shares of Fidelity Southern from a “hold” rating to a “sell” rating in a report on Saturday, January 12th. BidaskClub raised shares of Fidelity Southern from a “hold” rating to a “buy” rating in a research report on Saturday, January 5th. ValuEngine raised shares of Fidelity Southern from a “hold” rating to a “buy” rating in a research report on Tuesday, October 23rd. Finally, Stephens reissued a “buy” rating and set a $31.00 price target on shares of Fidelity Southern in a research report on Thursday, October 18th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $29.33.

Shares of LION stock traded up $0.64 during mid-day trading on Monday, hitting $30.88. 145,100 shares of the stock traded hands, compared to its average volume of 187,143. The firm has a market cap of $824.65 million, a price-to-earnings ratio of 19.08 and a beta of 0.66. Fidelity Southern Co. has a 52-week low of $21.18 and a 52-week high of $31.19. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.94 and a current ratio of 1.00.

Fidelity Southern (NASDAQ:LION) last released its quarterly earnings results on Thursday, January 17th. The financial services provider reported $0.36 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.33 by $0.03. The business had revenue of $70.64 million during the quarter, compared to analyst estimates of $67.90 million. Fidelity Southern had a net margin of 13.68% and a return on equity of 10.25%. As a group, equities analysts predict that Fidelity Southern Co. will post 1.63 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 14th. Shareholders of record on Monday, February 4th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.55%. The ex-dividend date is Friday, February 1st. Fidelity Southern’s payout ratio is 29.81%.

In related news, Director Rankin M. Smith, Jr. acquired 15,000 shares of the firm’s stock in a transaction that occurred on Monday, December 24th. The stock was purchased at an average cost of $25.25 per share, with a total value of $378,750.00. Following the transaction, the director now directly owns 259,009 shares of the company’s stock, valued at approximately $6,539,977.25. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 20.18% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: “AQR Capital Management LLC Has $3.37 Million Stake in Fidelity Southern Co. (LION)” was first published by Fairfield Current and is the property of of Fairfield Current. If you are viewing this article on another site, it was illegally stolen and reposted in violation of US & international copyright laws. The legal version of this article can be viewed at https://www.fairfieldcurrent.com/news/2019/02/04/fidelity-southern-co-lion-shares-sold-by-aqr-capital-management-llc.html.

About Fidelity Southern

Fidelity Southern Corporation operates as the holding company for Fidelity Bank that provides financial products and services primarily for individuals, and small and medium-sized businesses in the United States. The company accepts noninterest-bearing demand and interest-bearing demand accounts, including money market accounts and savings deposits; and time deposits.

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

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Russell Investments Group Ltd. Raises Holdings in Fidelity Southern Co. (LION)

Russell Investments Group Ltd. lifted its position in Fidelity Southern Co. (NASDAQ:LION) by 44.6% in the 3rd quarter, according to the company in its …

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