Stieven Capital Advisors Lp increased its holdings by 40.45% in Synovus Finl Corp (SNV), according to 2018Q3 Securities and Exchange filling. 75,500 shares were bought by Stieven Capital Advisors Lp as the company’s stock declined 30.94% with the market. At the end of 2018Q3, the 262,171 shares of the major banks company held by the hedge fund were priced at $12.01 million, up from 186,671 at the end of the previous reported quarter. For a total of 180,276 shares it reduced its holding in Qcr Holdings Inc (NASDAQ:QCRH) by 116,124 shares in the quarter, and has cut its stake in .
For more Synovus Financial Corp. (NYSE:SNV) news released recently go to: Bizjournals.com, Businesswire.com, Seekingalpha.com, Seekingalpha.com or Bizjournals.com. The titles are as follows: “The Insider: Eggs & Issues; Salute to Greatness – Atlanta Business Chronicle” released on January 25, 2019, “Synovus Announces Pricing of Subordinated Notes Offering – Business Wire” on January 31, 2019, “SunTrust, U.S. Bancorp cut as Baird steps to sidelines on banks – Seeking Alpha” with a publish date: January 28, 2019, “Synovus Financial: This 6.30% Fixed-To-Floating Preferred Stock Has Begun Trading On The NYSE – Seeking Alpha” and the last “Biscayne Bank shareholders approve acquisition by North Carolina bank – South Florida Business Journal” with publication date: January 18, 2019.
Synovus Financial Corp. (NYSE:SNV) Ratings Coverage
In total 7 analysts cover Synovus Financial (NYSE:SNV). “Buy” rating has 6, “Sell” are 0, while 1 are “Hold”. 86% are bullish. 10 are the (NYSE:SNV)’s analyst reports since September 18, 2018 according to StockzIntelligence Inc. In Wednesday, October 3 report Barclays Capital maintained it with “Equal-Weight” rating and $55 target. On Friday, November 23 the firm has “Hold” rating by Piper Jaffray given. On Thursday, January 10 Barclays Capital upgraded Synovus Financial Corp. (NYSE:SNV) to “Overweight” rating. On Thursday, December 20 the company was upgraded by Robert W. Baird. On Tuesday, September 18 the firm has “Equal-Weight” rating by Morgan Stanley given. On Tuesday, January 22 PiperJaffray upgraded the shares of SNV in report to “Overweight” rating. The stock rating was upgraded by Morgan Stanley to “Overweight” on Monday, November 12. On Friday, November 9 the rating was upgraded by Wood to “Outperform”. In Wednesday, October 24 report Barclays Capital maintained the stock with “Equal-Weight” rating.

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