As Fidelity Southern Corp New (LION) Valuation Declined, Shareholder Castine Capital Management LLC Cut by $9.28 Million Its Position

Fidelity Southern Corporation (NASDAQ:LION) LogoInvestors sentiment increased to 1.89 in 2019 Q1. Its up 0.73, from 1.16 in 2018Q4. It improved, as 8 investors sold LION shares while 27 reduced holdings. 24 funds opened positions while 42 raised stakes. 17.71 million shares or 6.52% less from 18.94 million shares in 2018Q4 were reported. Pinebridge Investments L P, a New York-based fund reported 37,333 shares. New York-based Citigroup has invested 0% in Fidelity Southern Corporation (NASDAQ:LION). Natixis has 0.02% invested in Fidelity Southern Corporation (NASDAQ:LION). Fmr Limited accumulated 117,800 shares or 0% of the stock. Public Sector Pension Board, a Quebec – Canada-based fund reported 62,199 shares. Lazard Asset Mgmt Ltd stated it has 0% in Fidelity Southern Corporation (NASDAQ:LION). Carroll Fin Assoc invested in 0% or 334 shares. Ameriprise Fincl has invested 0% in Fidelity Southern Corporation (NASDAQ:LION). Guggenheim Cap Llc has invested 0.01% of its portfolio in Fidelity Southern Corporation (NASDAQ:LION). Wells Fargo Co Mn has 167,765 shares. Pnc Fincl Ser Group Incorporated owns 0% invested in Fidelity Southern Corporation (NASDAQ:LION) for 1,160 shares. Sg Americas Securities Ltd Liability Com owns 0.04% invested in Fidelity Southern Corporation (NASDAQ:LION) for 158,404 shares. Montag A & owns 59,776 shares. Arrowstreet Capital Lp owns 0% invested in Fidelity Southern Corporation (NASDAQ:LION) for 51,107 shares. Teachers Retirement Of The State Of Kentucky invested 0% of its portfolio in Fidelity Southern Corporation (NASDAQ:LION).

Since February 14, 2019, it had 2 insider purchases, and 0 insider sales for $316,990 activity. SHEPHERD W CLYDE III bought 426 shares worth $11,990.

Castine Capital Management Llc decreased its stake in Fidelity Southern Corp New (LION) by 36.57% based on its latest 2019Q1 regulatory filing with the SEC. Castine Capital Management Llc sold 343,553 shares as the company’s stock declined 7.95% while stock markets rallied. The institutional investor held 595,870 shares of the major banks company at the end of 2019Q1, valued at $16.32M, down from 939,423 at the end of the previous reported quarter. Castine Capital Management Llc who had been investing in Fidelity Southern Corp New for a number of months, seems to be less bullish one the $856.55 million market cap company. The stock decreased 0.58% or $0.18 during the last trading session, reaching $30.97. About 1.15M shares traded or 665.01% up from the average. Fidelity Southern Corporation (NASDAQ:LION) has risen 24.63% since July 14, 2018 and is uptrending. It has outperformed by 20.20% the S&P500.

Castine Capital Management Llc, which manages about $395.38M and $322.75 million US Long portfolio, upped its stake in United Finl Bancorp Inc New (NASDAQ:UBNK) by 772,038 shares to 1.75 million shares, valued at $25.06 million in 2019Q1, according to the filing.

Analysts await Fidelity Southern Corporation (NASDAQ:LION) to report earnings on July, 18. They expect $0.45 EPS, up 32.35 % or $0.11 from last year’s $0.34 per share. LION’s profit will be $12.45M for 17.21 P/E if the $0.45 EPS becomes a reality. After $0.22 actual EPS reported by Fidelity Southern Corporation for the previous quarter, Wall Street now forecasts 104.55 % EPS growth.

More notable recent Fidelity Southern Corporation (NASDAQ:LION) news were published by: Nasdaq.com which released: “Vivendi’s Havas buys U.S. advertising company Battery – Nasdaq” on June 20, 2019, also Nasdaq.com with their article: “HomeStreet defeats activist Roaring Blue Lion in proxy contest – Nasdaq” published on June 20, 2019, Nasdaq.com published: “3 Legg Mason Mutual Funds to Buy Now – Nasdaq” on June 28, 2019. More interesting news about Fidelity Southern Corporation (NASDAQ:LION) were released by: Nasdaq.com and their article: “Families and Ethiopian farmers feel in the dark over Boeing’s aid offer – Nasdaq” published on July 12, 2019 as well as Seekingalpha.com‘s news article titled: “Merger Arbitrage Mondays – July 8, 2019 – Seeking Alpha” with publication date: July 08, 2019.

Fidelity Southern Corporation (NASDAQ:LION) Institutional Positions Chart

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