Stifel Financial Corporation $SF Shares Bought by Entropy Technologies LP

Entropy Technologies LP raised its holdings in Stifel Financial Corporation (NYSE:SF) by 61.1% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 45,231 shares of the financial services provider’s stock after purchasing an additional 17,153 shares during the quarter. Entropy Technologies LP’s holdings in Stifel Financial were worth $3,343,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Advisory Services Network LLC purchased a new position in shares of Stifel Financial during the 3rd quarter worth $29,000. Activest Wealth Management raised its holdings in Stifel Financial by 12,000.0% in the 4th quarter. Activest Wealth Management now owns 242 shares of the financial services provider’s stock valued at $30,000 after buying an additional 240 shares during the period. Caitong International Asset Management Co. Ltd purchased a new stake in Stifel Financial in the 4th quarter valued at about $34,000. Cullen Frost Bankers Inc. acquired a new position in Stifel Financial in the fourth quarter valued at about $50,000. Finally, BOKF NA lifted its position in Stifel Financial by 1,626.9% in the third quarter. BOKF NA now owns 449 shares of the financial services provider’s stock valued at $51,000 after buying an additional 423 shares during the last quarter. Hedge funds and other institutional investors own 82.01% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. JPMorgan Chase & Co. lifted their price target on shares of Stifel Financial from $80.00 to $86.00 and gave the company a “neutral” rating in a research report on Thursday. UBS Group set a $90.00 price objective on shares of Stifel Financial in a report on Thursday. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Stifel Financial in a research report on Friday, May 29th. Finally, Zacks Research upgraded shares of Stifel Financial from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 20th. Five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $91.67.

Stifel Financial Price Performance

SF opened at $80.70 on Friday. The stock’s 50-day moving average price is $73.36 and its 200 day moving average price is $76.83. Stifel Financial Corporation has a 12-month low of $67.81 and a 12-month high of $89.83. The firm has a market cap of $12.38 billion, a price-to-earnings ratio of 14.44 and a beta of 1.01. The company has a current ratio of 0.85, a quick ratio of 0.80 and a debt-to-equity ratio of 0.29.

Stifel Financial (NYSE:SF) last released its earnings results on Wednesday, July 22nd. The financial services provider reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.09. The company had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.42 billion. Stifel Financial had a return on equity of 19.32% and a net margin of 16.11%.Stifel Financial’s revenue was up 13.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.71 EPS. As a group, sell-side analysts expect that Stifel Financial Corporation will post 6.29 earnings per share for the current year.

Stifel Financial Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a $0.34 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $1.36 annualized dividend and a dividend yield of 1.7%. Stifel Financial’s dividend payout ratio (DPR) is presently 24.33%.

Stifel Financial Company Profile

Stifel Financial Corp. is a diversified financial services holding company headquartered in St. Louis, Missouri. Founded in 1890, the firm has grown into a full‐service brokerage and investment banking organization serving individual investors, corporations and institutions. Through its principal subsidiary, Stifel, Nicolaus & Company, Incorporated, the company delivers a broad array of financial products and services backed by research‐driven insights.

The firm’s main business activities are organized into two core segments: Private Client Group and Institutional Group.