Stifel Financial (NYSE:SF) Given New $135.00 Price Target at JMP Securities

Stifel Financial (NYSE:SF) had its price objective increased by research analysts at JMP Securities from $125.00 to $135.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has a “market outperform” rating on the financial services provider’s stock. JMP Securities’ price target would indicate a potential upside of 16.57% from the stock’s current price.

Other research analysts have also issued research reports about the company. JPMorgan Chase & Co. initiated coverage on Stifel Financial in a report on Tuesday, December 10th. They set a “neutral” rating and a $120.00 target price for the company. StockNews.com lowered Stifel Financial from a “buy” rating to a “hold” rating in a report on Thursday, October 3rd. Wells Fargo & Company boosted their price objective on Stifel Financial from $128.00 to $135.00 and gave the stock an “overweight” rating in a report on Thursday. TD Cowen boosted their price objective on Stifel Financial from $100.00 to $105.00 and gave the stock a “hold” rating in a report on Thursday, October 24th. Finally, Citigroup boosted their price objective on Stifel Financial from $110.00 to $115.00 and gave the stock a “neutral” rating in a report on Friday, January 10th. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, Stifel Financial presently has a consensus rating of “Hold” and an average price target of $117.33.

Stifel Financial Stock Down 1.5 %

SF stock opened at $115.81 on Thursday. The company has a quick ratio of 0.78, a current ratio of 0.82 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $11.85 billion, a PE ratio of 18.56 and a beta of 1.11. Stifel Financial has a twelve month low of $71.36 and a twelve month high of $120.64. The stock has a 50-day simple moving average of $110.84 and a two-hundred day simple moving average of $99.78.

Stifel Financial (NYSE:SF) last posted its earnings results on Wednesday, January 29th. The financial services provider reported $2.23 earnings per share for the quarter, beating analysts’ consensus estimates of $1.96 by $0.27. Stifel Financial had a return on equity of 16.59% and a net margin of 14.00%. On average, equities analysts predict that Stifel Financial will post 7.87 EPS for the current fiscal year.

Insider Buying and Selling

In other Stifel Financial news, COO David D. Sliney sold 25,000 shares of the business’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 in the company, valued at approximately $18,544,535.42. The trade was a 13.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 4.57% of the stock is currently owned by corporate insiders.

Institutional Trading of Stifel Financial

Institutional investors have recently made changes to their positions in the stock. V Square Quantitative Management LLC purchased a new stake in shares of Stifel Financial during the fourth quarter valued at approximately $26,000. 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 shares of Stifel Financial by 27.7% during 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 period. Versant Capital Management Inc boosted its stake in shares of Stifel Financial by 46.5% during 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 period. Finally, Mather Group LLC. boosted its stake in shares of Stifel Financial by 14.6% during the fourth quarter. Mather Group LLC. now owns 707 shares of the financial services provider’s stock valued at $75,000 after purchasing an additional 90 shares during the period. Hedge funds and other institutional investors own 82.01% of the company’s stock.

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.