O Shaughnessy Asset Management LLC Has $501,000 Stock Position in Stifel Financial Corp. (NYSE:SF)

O Shaughnessy Asset Management LLC decreased its position in shares of Stifel Financial Corp. (NYSE:SF) by 19.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,731 shares of the financial services provider’s stock after selling 1,808 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Stifel Financial were worth $501,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Arizona State Retirement System lifted its stake in shares of Stifel Financial by 0.6% in the 1st quarter. Arizona State Retirement System now owns 29,998 shares of the financial services provider’s stock valued at $1,922,000 after purchasing an additional 175 shares during the period. Berman Capital Advisors LLC increased its position in shares of Stifel Financial by 53.1% in the 1st quarter. Berman Capital Advisors LLC now owns 738 shares of the financial services provider’s stock valued at $47,000 after buying an additional 256 shares in the last quarter. Park Avenue Securities LLC increased its position in shares of Stifel Financial by 4.0% in the 2nd quarter. Park Avenue Securities LLC now owns 6,838 shares of the financial services provider’s stock valued at $443,000 after buying an additional 265 shares in the last quarter. The PNC Financial Services Group Inc. increased its position in shares of Stifel Financial by 0.9% in the 1st quarter. The PNC Financial Services Group Inc. now owns 29,697 shares of the financial services provider’s stock valued at $1,902,000 after buying an additional 269 shares in the last quarter. Finally, Fifth Third Bancorp increased its position in shares of Stifel Financial by 1.3% in the 1st quarter. Fifth Third Bancorp now owns 24,942 shares of the financial services provider’s stock valued at $1,598,000 after buying an additional 310 shares in the last quarter. 83.41% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities analysts have issued reports on SF shares. Wolfe Research upgraded Stifel Financial from an “underperform” rating to an “outperform” rating in a report on Wednesday, June 23rd. They noted that the move was a valuation call. JMP Securities raised their price objective on Stifel Financial from $80.00 to $84.00 and gave the company a “market outperform” rating in a report on Thursday, July 29th. One analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $70.13.

Shares of SF opened at $66.56 on Friday. Stifel Financial Corp. has a 12 month low of $31.25 and a 12 month high of $72.20. The firm’s 50 day moving average is $66.96 and its 200-day moving average is $66.61. The stock has a market capitalization of $6.97 billion, a PE ratio of 12.05 and a beta of 1.52. The company has a current ratio of 0.77, a quick ratio of 0.72 and a debt-to-equity ratio of 0.40.

Stifel Financial (NYSE:SF) last announced its earnings results on Tuesday, July 27th. The financial services provider reported $1.70 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.38 by $0.32. Stifel Financial had a net margin of 16.07% and a return on equity of 19.48%. The company had revenue of $1.15 billion for the quarter.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 15th. Investors of record on Wednesday, September 1st were paid a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, August 31st. This represents a $0.60 dividend on an annualized basis and a yield of 0.90%.

Stifel Financial Profile

Stifel Financial Corp. provides securities brokerage, investment banking, trading, investment advisory and related financial services. It operates through the following segments: Global Wealth Management, Institutional Group, and Other. The Global Wealth Management segment provides securities transaction, brokerage and investment services to clients.

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Institutional Ownership by Quarter for Stifel Financial (NYSE:SF)

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