New Amsterdam Partnersny Lowers stake in ServisFirst Bancshares (SFBS)

ServisFirst Bancshares (SFBS) : New Amsterdam Partnersny reduced its stake in ServisFirst Bancshares by 70.19% during the most recent quarter end. The investment management company now holds a total of 108,119 shares of ServisFirst Bancshares which is valued at $5,342,160 after selling 254,526 shares in ServisFirst Bancshares , the firm said in a disclosure report filed with the SEC on Aug 1, 2016.ServisFirst Bancshares makes up approximately 1.24% of New Amsterdam Partnersny’s portfolio.

Other Hedge Funds, Including , California State Teachers Retirement System boosted its stake in SFBS in the latest quarter, The investment management firm added 940 additional shares and now holds a total of 48,320 shares of ServisFirst Bancshares which is valued at $2,387,491. Huntington National Bank added SFBS to its portfolio by purchasing 2,435 company shares during the most recent quarter which is valued at $125,646. Ls Investment Advisors added SFBS to its portfolio by purchasing 755 company shares during the most recent quarter which is valued at $38,950. 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.

ServisFirst Bancshares opened for trading at $49.46 and hit $49.83 on the upside on Thursday, eventually ending the session at $49.6, with a gain of 0.38% or 0.19 points. The heightened volatility saw the trading volume jump to 37,460 shares. Company has a market cap of $1,300 M.

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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