Stifel Financial Corp. (NYSE:SF) Shares Bought by Tributary Capital Management LLC

Tributary Capital Management LLC grew its holdings in Stifel Financial Corp. (NYSE:SF) by 46.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,479 shares of the financial services provider’s stock after buying an additional 5,876 shares during the period. Tributary Capital Management LLC’s holdings in Stifel Financial were worth $1,960,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Waldron Private Wealth LLC acquired a new stake in Stifel Financial in the 3rd quarter valued at about $34,000. GAMMA Investing LLC increased its holdings in shares of Stifel Financial by 27.7% in the third 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 fourth quarter. Versant Capital Management Inc now owns 457 shares of the financial services provider’s stock valued at $48,000 after purchasing an additional 145 shares during the last quarter. UMB Bank n.a. lifted its position in Stifel Financial by 36.6% during the third quarter. UMB Bank n.a. now owns 870 shares of the financial services provider’s stock worth $82,000 after buying an additional 233 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in 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 worth $113,000 after buying an additional 717 shares during the last quarter. 82.01% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, COO David D. Sliney sold 25,000 shares of the business’s stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $116.18, for a total value of $2,904,500.00. Following the completion of the sale, the chief operating officer now directly owns 159,619 shares of the company’s stock, valued at $18,544,535.42. The trade was 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 at this hyperlink. Company insiders own 4.57% of the company’s stock.

Stifel Financial Stock Down 0.6 %

SF stock opened at $114.21 on Friday. The company’s 50 day moving average price is $110.69 and its 200 day moving average price is $98.67. The firm has a market capitalization of $11.69 billion, a price-to-earnings ratio of 20.65 and a beta of 1.11. Stifel Financial Corp. has a fifty-two week low of $71.36 and a fifty-two week high of $119.12. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.78 and a current ratio of 0.82.

Stifel Financial (NYSE:SF) last announced its quarterly earnings data on Wednesday, October 23rd. The financial services provider reported $1.50 EPS for the quarter, missing analysts’ consensus estimates 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 net margin of 12.98% and a return on equity of 14.92%. The company’s revenue for the quarter was up 17.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.60 earnings per share. On average, equities research analysts anticipate that Stifel Financial Corp. will post 6.54 EPS for the current fiscal year.

Stifel Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 2nd were given a dividend of $0.42 per share. The ex-dividend date was Monday, December 2nd. This represents a $1.68 annualized dividend and a dividend yield of 1.47%. Stifel Financial’s dividend payout ratio is currently 30.38%.

Analyst Ratings Changes

Several equities analysts have recently commented on SF shares. JPMorgan Chase & Co. began coverage on Stifel Financial in a research note on Tuesday, December 10th. They issued a “neutral” rating and a $120.00 price target on the stock. Wells Fargo & Company lowered their price objective on shares of Stifel Financial from $130.00 to $128.00 and set an “overweight” rating for the company in a research report on Tuesday, January 14th. JMP Securities boosted their target price on Stifel Financial from $105.00 to $110.00 and gave the company a “market outperform” rating in a research report on Wednesday, October 9th. Citigroup lifted their price objective on Stifel Financial from $110.00 to $115.00 and gave the company a “neutral” rating in a research note on Friday, January 10th. Finally, StockNews.com downgraded Stifel Financial from a “buy” rating to a “hold” rating in a research report on Thursday, October 3rd. Seven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, Stifel Financial currently has a consensus rating of “Hold” and a consensus target price of $107.14.

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.