Stifel Financial Corp. (NYSE:SF) Receives Average Rating of “Hold” from Brokerages

Stifel Financial Corp. (NYSE:SF) has received a consensus recommendation of “Hold” from the eight analysts that are covering the firm, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $107.14.

Several equities analysts have recently commented on the stock. Citigroup upped their price objective on shares of Stifel Financial from $110.00 to $115.00 and gave the company a “neutral” rating in a research note on Friday, January 10th. JPMorgan Chase & Co. started coverage on Stifel Financial in a research note on Tuesday, December 10th. They set a “neutral” rating and a $120.00 target price on the stock. JMP Securities raised their price target on Stifel Financial from $105.00 to $110.00 and gave the stock a “market outperform” rating in a research note on Wednesday, October 9th. TD Cowen lifted their price target on shares of Stifel Financial from $100.00 to $105.00 and gave the company a “hold” rating in a report on Thursday, October 24th. Finally, StockNews.com cut shares of Stifel Financial from a “buy” rating to a “hold” rating in a research report on Thursday, October 3rd.

Insiders Place Their Bets

In other news, COO David D. Sliney sold 25,000 shares of the firm’s stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $116.18, for a total transaction of $2,904,500.00. Following the completion of the transaction, the chief operating officer now directly owns 159,619 shares in the company, valued at $18,544,535.42. This trade represents a 13.54 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 4.57% of the company’s stock.

Institutional Trading of Stifel Financial

Institutional investors and hedge funds have recently bought and sold shares of the company. Waldron Private Wealth LLC purchased a new stake in shares of Stifel Financial during the third quarter valued at approximately $34,000. GAMMA Investing LLC boosted its stake in Stifel Financial by 27.7% during the 3rd quarter. GAMMA Investing LLC now owns 503 shares of the financial services provider’s stock valued at $47,000 after purchasing an additional 109 shares during the last quarter. Versant Capital Management Inc increased its holdings in shares of Stifel Financial by 46.5% in the 4th quarter. Versant Capital Management Inc now owns 457 shares of the financial services provider’s stock worth $48,000 after purchasing an additional 145 shares in the last quarter. UMB Bank n.a. raised its stake in shares of Stifel Financial by 36.6% in the third quarter. UMB Bank n.a. now owns 870 shares of the financial services provider’s stock worth $82,000 after purchasing an additional 233 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its holdings in shares of Stifel Financial by 148.1% during the third quarter. Farther Finance Advisors LLC now owns 1,201 shares of the financial services provider’s stock valued at $113,000 after purchasing an additional 717 shares in the last quarter. 82.01% of the stock is currently owned by institutional investors.

Stifel Financial Trading Up 1.8 %

Shares of SF stock opened at $113.87 on Monday. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.82 and a quick ratio of 0.78. The business has a 50-day moving average of $110.78 and a 200 day moving average of $97.56. The stock has a market capitalization of $11.65 billion, a PE ratio of 20.59 and a beta of 1.11. Stifel Financial has a 1-year low of $68.40 and a 1-year high of $119.12.

Stifel Financial (NYSE:SF) last issued its earnings results on Wednesday, October 23rd. The financial services provider reported $1.50 EPS for the quarter, missing the consensus estimate of $1.60 by ($0.10). The firm had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.20 billion. Stifel Financial had a return on equity of 14.92% and a net margin of 12.98%. The firm’s quarterly revenue was up 17.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.60 earnings per share. As a group, sell-side analysts anticipate that Stifel Financial will post 6.53 earnings per share for the current year.

Stifel Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 1.48%. The ex-dividend date was Monday, December 2nd. Stifel Financial’s payout ratio is currently 30.38%.

Stifel Financial Company Profile

Stifel Financial Corp., a financial services and bank holding company, provides retail and institutional wealth management, and investment banking services to individual investors, corporations, municipalities, and institutions in the United States and internationally. It operates in three segments: Global Wealth Management, Institutional Group, and Other.