Fidelity Southern Corporation (LION) was Upgraded by Keefe Bruyette to ” Outperform”. Earlier the firm had a rating of “Mkt Perform ” on the company shares. Keefe Bruyette advised their investors in a research report released on Jul 22, 2016.
Many Wall Street Analysts have commented on Fidelity Southern Corporation. FBR Capital Initiated Fidelity Southern Corporation on May 18, 2016 to “Mkt Perform”, Price Target of the shares are set at $18.
Fidelity Southern Corporation closed down -0.03 points or -0.18% at $16.59 with 44,589 shares getting traded on Wednesday. Post opening the session at $16.69, the shares hit an intraday low of $16.55 and an intraday high of $16.76 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
In a different news, on Jul 11, 2016, W Clyde Iii Shepherd (director) purchased 261 shares at $15.33 per share price. According to the SEC, on Jun 20, 2016, James B Jr Miller (Chairman) purchased 6,640 shares at $15.03 per share price. On Feb 8, 2016, Rankin M Jr Smith (director) purchased 6,305 shares at $14.48 per share price, according to the Form-4 filing with the securities and exchange commission.
Fidelity Southern Corporation (FSC) is a bank holding company. The Company conducts operations primarily though Fidelity Bank a state chartered wholly owned subsidiary bank (the Bank). LionMark Insurance Company is a wholly owned subsidiary of FSC and is an insurance agency offering consumer credit related insurance products. The Company provides an array of financial products and services for business and retail customers primarily in the metropolitan Atlanta and northern Florida markets. The Company’s customers are primarily individuals and small and medium sized businesses. Mortgage loans indirect automobile loans and Small Business Administration (SBA) loans are provided in 12 Southern states. It offers products and services through a network of offices located in Southern states consisting of around 45 retail bank branches and 25 loan production offices.