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

Shares of Stifel Financial Corp. (NYSE:SF) have been given an average rating of “Hold” by the eight ratings firms that are presently covering the company, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $107.14.

Several equities analysts have issued reports on the stock. TD Cowen upped their price target on shares of Stifel Financial from $100.00 to $105.00 and gave the company a “hold” rating in a research report on Thursday, October 24th. Wells Fargo & Company decreased their price objective on Stifel Financial from $130.00 to $128.00 and set an “overweight” rating for the company in a report on Tuesday, January 14th. The Goldman Sachs Group lifted their target price on Stifel Financial from $85.00 to $94.00 and gave the stock a “neutral” rating in a report on Thursday, September 26th. JPMorgan Chase & Co. assumed coverage on Stifel Financial in a research note on Tuesday, December 10th. They issued a “neutral” rating and a $120.00 price target for the company. Finally, StockNews.com lowered Stifel Financial from a “buy” rating to a “hold” rating in a research note on Thursday, October 3rd.

Insider Buying and Selling at Stifel Financial

In other Stifel Financial news, COO David D. Sliney sold 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 12th. The stock was 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 owns 159,619 shares of the company’s stock, valued at approximately $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 SEC, which is accessible through this hyperlink. Insiders own 4.57% of the company’s stock.

Institutional Trading of Stifel Financial

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

Stifel Financial Stock Up 1.8 %

Shares of NYSE:SF opened at $113.87 on Monday. 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 has a 52-week low of $68.40 and a 52-week high of $119.12. The company has a market capitalization of $11.65 billion, a PE ratio of 20.59 and a beta of 1.11. The company has a fifty day moving average of $110.78 and a 200-day moving average of $97.75.

Stifel Financial (NYSE:SF) last posted 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). Stifel Financial had a net margin of 12.98% and a return on equity of 14.92%. The firm had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter in the prior year, the business posted $0.60 earnings per share. Stifel Financial’s revenue for the quarter was up 17.2% compared to the same quarter last year. On average, equities analysts predict that Stifel Financial will post 6.53 EPS for the current fiscal year.

Stifel Financial Dividend Announcement

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