Hanover Insurance (THG) “Buy” Rating Reaffirmed by Analysts at Sandler O’Neill; The Target Price per Share is $133.0000; Stieven Capital Advisors LP Has Decreased By $7.29 Million Its Svb Finl Group (SIVB) Holding

April 17, 2018 - By Darrin Black

The Hanover Insurance Group, Inc. (NYSE:THG) Logo

In a research note published on Tuesday morning, Hanover Insurance (NYSE:THG) stock had its “Buy” Rating restate by equity analysts at Sandler O’Neill. They currently have a $133.0000 PT on firm. Sandler O’Neill’s target means a potential upside of 10.69% from the company’s previous close.

Stieven Capital Advisors Lp decreased Svb Finl Group (SIVB) stake by 31.21% reported in 2017Q4 SEC filing. Stieven Capital Advisors Lp sold 31,300 shares as Svb Finl Group (SIVB)’s stock declined 1.03%. The Stieven Capital Advisors Lp holds 69,000 shares with $16.13M value, down from 100,300 last quarter. Svb Finl Group now has $13.05B valuation. The stock increased 0.08% or $0.2 during the last trading session, reaching $246.77. About 160,382 shares traded. SVB Financial Group (NASDAQ:SIVB) has risen 33.86% since April 17, 2017 and is uptrending. It has outperformed by 22.31% the S&P500.

The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance services and products in the United States and internationally. The company has market cap of $5.11 billion. It operates through four divisions: Commercial Lines, Personal Lines, Chaucer, and Other. It has a 27.69 P/E ratio. The Commercial Lines segment offers commercial multiple peril, commercial automobile, workers?? compensation, specialty property, inland marine, management and professional liability, and surety, as well as monoline general liability, umbrella, healthcare, and miscellaneous commercial property insurance products.

Analysts await The Hanover Insurance Group, Inc. (NYSE:THG) to report earnings on May, 2 after the close. They expect $1.70 earnings per share, up 78.95% or $0.75 from last year’s $0.95 per share. THG’s profit will be $72.34M for 17.67 P/E if the $1.70 EPS becomes a reality. After $2.00 actual earnings per share reported by The Hanover Insurance Group, Inc. for the previous quarter, Wall Street now forecasts -15.00% negative EPS growth.

The stock decreased 0.12% or $0.14 during the last trading session, reaching $120.16. About 38,709 shares traded. The Hanover Insurance Group, Inc. (NYSE:THG) has risen 27.09% since April 17, 2017 and is uptrending. It has outperformed by 15.54% the S&P500.

Among 5 analysts covering Hanover Insurance Group (NYSE:THG), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Hanover Insurance Group has $13200 highest and $86 lowest target. $106.50’s average target is -11.37% below currents $120.16 stock price. Hanover Insurance Group had 15 analyst reports since August 15, 2015 according to SRatingsIntel. The stock of The Hanover Insurance Group, Inc. (NYSE:THG) earned “Underperform” rating by Keefe Bruyette & Woods on Thursday, January 12. The rating was maintained by Keefe Bruyette & Woods on Monday, December 4 with “Hold”. Keefe Bruyette & Woods maintained it with “Hold” rating and $91.0 target in Thursday, October 5 report. The stock of The Hanover Insurance Group, Inc. (NYSE:THG) earned “Neutral” rating by Piper Jaffray on Thursday, November 12. The firm has “Hold” rating given on Friday, August 4 by Keefe Bruyette & Woods. On Saturday, August 15 the stock rating was downgraded by Zacks to “Buy”. BMO Capital Markets upgraded The Hanover Insurance Group, Inc. (NYSE:THG) on Monday, March 28 to “Outperform” rating. The rating was upgraded by Wood to “Market Perform” on Thursday, May 18. The firm has “Hold” rating given on Thursday, February 1 by Keefe Bruyette & Woods. As per Thursday, February 1, the company rating was maintained by Sandler O’Neill.

Investors sentiment increased to 1.19 in 2017 Q4. Its up 0.21, from 0.98 in 2017Q3. It increased, as 30 investors sold SIVB shares while 133 reduced holdings. 75 funds opened positions while 119 raised stakes. 45.46 million shares or 9.47% less from 50.21 million shares in 2017Q3 were reported. Macquarie Limited stated it has 0.01% of its portfolio in SVB Financial Group (NASDAQ:SIVB). Biondo Invest Limited Co, Pennsylvania-based fund reported 2,000 shares. C M Bidwell Associates Ltd invested in 1,045 shares or 0.21% of the stock. Sg Americas Secs Ltd Limited Liability Company accumulated 0.02% or 9,684 shares. Dupont Corp, Delaware-based fund reported 2,600 shares. Credit Agricole S A stated it has 0.6% of its portfolio in SVB Financial Group (NASDAQ:SIVB). Huntington National Bank reported 19,969 shares. Moreover, Ameriprise Inc has 0.02% invested in SVB Financial Group (NASDAQ:SIVB). Champlain Inv Partners Limited Liability Company reported 172,500 shares. Rhumbline Advisers holds 0.06% or 117,870 shares in its portfolio. Bailard accumulated 995 shares. Geode Capital Management Limited Liability Corp, a Massachusetts-based fund reported 462,108 shares. Natixis accumulated 2,087 shares. Fifth Third Bancshares stated it has 12,400 shares or 0.02% of all its holdings. Citigroup holds 3,244 shares.

Stieven Capital Advisors Lp increased Investar Hldg Corp (NASDAQ:ISTR) stake by 85,400 shares to 218,835 valued at $5.27M in 2017Q4. It also upped First Bancshares Inc Ms (NASDAQ:FBMS) stake by 124,840 shares and now owns 579,533 shares. Atlantic Cap Bancshares Inc was raised too.

Among 18 analysts covering SVB Financial Group (NASDAQ:SIVB), 15 have Buy rating, 0 Sell and 3 Hold. Therefore 83% are positive. SVB Financial Group had 64 analyst reports since July 29, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of SIVB in report on Thursday, September 7 with “Buy” rating. The stock has “Buy” rating by Wells Fargo on Tuesday, January 9. SunTrust maintained the stock with “Buy” rating in Thursday, January 25 report. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Tuesday, December 12. The stock of SVB Financial Group (NASDAQ:SIVB) earned “Neutral” rating by Piper Jaffray on Tuesday, October 13. The stock of SVB Financial Group (NASDAQ:SIVB) earned “Buy” rating by Raymond James on Tuesday, December 5. The company was maintained on Friday, January 26 by Jefferies. The rating was maintained by Barclays Capital on Thursday, March 24 with “Overweight”. Maxim Group maintained SVB Financial Group (NASDAQ:SIVB) on Monday, December 19 with “Buy” rating. The stock of SVB Financial Group (NASDAQ:SIVB) has “Buy” rating given on Thursday, March 29 by Sandler O’Neill.

Analysts await SVB Financial Group (NASDAQ:SIVB) to report earnings on April, 26 after the close. They expect $3.13 earnings per share, up 63.87% or $1.22 from last year’s $1.91 per share. SIVB’s profit will be $165.55M for 19.71 P/E if the $3.13 EPS becomes a reality. After $2.89 actual earnings per share reported by SVB Financial Group for the previous quarter, Wall Street now forecasts 8.30% EPS growth.

Since February 2, 2018, it had 0 insider buys, and 4 sales for $2.72 million activity. 1,175 shares valued at $297,007 were sold by Cox Philip C on Friday, February 2. DRAPER MICHELLE also sold $624,854 worth of SVB Financial Group (NASDAQ:SIVB) on Tuesday, February 20. Shares for $1.10 million were sold by BECKER GREGORY W.

SVB Financial Group (NASDAQ:SIVB) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.