Warren Averett Asset Management buys $4,143,200 stake in ServisFirst Bancshares (SFBS)

ServisFirst Bancshares (SFBS) : Warren Averett Asset Management scooped up 410 additional shares in ServisFirst Bancshares during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 13, 2016. The investment management firm now holds a total of 81,930 shares of ServisFirst Bancshares which is valued at $4,143,200.ServisFirst Bancshares makes up approximately 1.85% of Warren Averett Asset Management’s portfolio.

Other Hedge Funds, Including , Capstone Asset Management Co added SFBS to its portfolio by purchasing 9,090 company shares during the most recent quarter which is valued at $459,681. ServisFirst Bancshares makes up approx 0.01% of Capstone Asset Management Co’s portfolio.Fisher Asset Management reduced its stake in SFBS by selling 12,802 shares or 14.02% in the most recent quarter. The Hedge Fund company now holds 78,509 shares of SFBS which is valued at $3,970,200. ServisFirst Bancshares makes up approx 0.01% of Fisher Asset Management’s portfolio. Bnp Paribas Arbitrage Sa added SFBS to its portfolio by purchasing 7,002 company shares during the most recent quarter which is valued at $340,997.

ServisFirst Bancshares closed down -0.23 points or -0.45% at $50.67 with 74,671 shares getting traded on Monday. Post opening the session at $50.9, the shares hit an intraday low of $50.24 and an intraday high of $51.36 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

ServisFirst Bancshares Inc. is a bank holding company. The Company through its wholly owned subsidiary ServisFirst Bank (the Bank) operates 13 banking offices located in Jefferson Shelby Madison Montgomery Houston and Mobile Counties of Alabama and in Escambia County Florida in the metropolitan statistical areas (MSAs) of Birmingham-Hoover Huntsville Montgomery Dothan and Mobile Alabama and Pensacola-Ferry Pass-Brent Florida. Additionally it operates a loan production office in Davidson County of Tennessee in the Nashville MSA. Through its bank the Company originates commercial consumer and other loans and accepts deposits provides electronic banking services such as online and mobile banking including remote deposit capture deliver treasury and cash management services and provides correspondent banking services to other financial institutions.

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