Context Bh Capital Management Lp buys $1,677,814 stake in Franklin Financial Network Inc (FSB)

Franklin Financial Network Inc (FSB) : Context Bh Capital Management Lp scooped up 1,600 additional shares in Franklin Financial Network Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 2, 2016. The investment management firm now holds a total of 51,993 shares of Franklin Financial Network Inc which is valued at $1,677,814.Franklin Financial Network Inc makes up approximately 1.18% of Context Bh Capital Management Lp’s portfolio.

Other Hedge Funds, Including , Magee Thomson Investment Partners reduced its stake in FSB by selling 127 shares or 76.97% in the most recent quarter. The Hedge Fund company now holds 38 shares of FSB which is valued at $1,224. Creative Planning added FSB to its portfolio by purchasing 662 company shares during the most recent quarter which is valued at $21,475.Bnp Paribas Arbitrage Sa boosted its stake in FSB in the latest quarter, The investment management firm added 263 additional shares and now holds a total of 369 shares of Franklin Financial Network Inc which is valued at $11,594.

Franklin Financial Network Inc closed down -0.15 points or -0.45% at $33.34 with 35,112 shares getting traded on Monday. Post opening the session at $33.5, the shares hit an intraday low of $33.23 and an intraday high of $33.78 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

Many Wall Street Analysts have commented on Franklin Financial Network Inc. Company shares were Reiterated by Compass Point on Jul 27, 2016 to “Neutral”, Firm has raised the Price Target to $ 45 from a previous price target of $44 .Franklin Financial Network Inc was Downgraded by BofA/Merrill to ” Neutral” on Jun 29, 2016.

Franklin Financial Network Inc. is a bank holding company. Through its wholly owned banking subsidiary Franklin Synergy Bank the Company provides a range of banking and related financial services with a focus on service to small businesses corporate entities local Governments and individuals. The Company operates across Williamson and Rutherford Counties within the Nashville metropolitan area. The Bank operates as a financial institution providing a line of financial products including commercial banking consumer banking and mortgage loans. The Bank offers retirement planning financial planning investment services and insurance products through its financial services department. It offers a range of financial services including credit savings and transactions to local consumers. Its loan portfolio consists of real estate loans including residential construction and land development and commercial loans; commercial and industrial loans and consumer and other loans.

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