Radnor Capital Management LLC Sells 300 Shares of Stifel Financial Corp. (NYSE:SF)

Radnor Capital Management LLC reduced its position in shares of Stifel Financial Corp. (NYSE:SF) by 6.0% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 4,697 shares of the financial services provider’s stock after selling 300 shares during the quarter. Radnor Capital Management LLC’s holdings in Stifel Financial were worth $367,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Montag A & Associates Inc. grew its position in Stifel Financial by 336.2% during the fourth quarter. Montag A & Associates Inc. now owns 759 shares of the financial services provider’s stock valued at $52,000 after buying an additional 585 shares during the period. Bruce G. Allen Investments LLC bought a new position in Stifel Financial in the fourth quarter worth approximately $53,000. Mather Group LLC. purchased a new position in shares of Stifel Financial during the 1st quarter worth $66,000. Signaturefd LLC grew its position in shares of Stifel Financial by 29.4% during the 4th quarter. Signaturefd LLC now owns 1,030 shares of the financial services provider’s stock valued at $71,000 after acquiring an additional 234 shares during the period. Finally, Principal Securities Inc. purchased a new stake in shares of Stifel Financial in the 4th quarter worth $99,000. Hedge funds and other institutional investors own 82.01% of the company’s stock.

Insider Activity

In other Stifel Financial news, Director David A. Peacock sold 13,000 shares of Stifel Financial stock in a transaction that occurred on Thursday, May 2nd. The stock was sold at an average price of $79.90, for a total value of $1,038,700.00. Following the sale, the director now owns 18,646 shares of the company’s stock, valued at approximately $1,489,815.40. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 4.57% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on SF shares. JMP Securities reiterated a “market outperform” rating and set a $88.00 target price on shares of Stifel Financial in a research report on Tuesday, April 9th. StockNews.com downgraded Stifel Financial from a “strong-buy” rating to a “buy” rating in a research note on Thursday, May 9th. TD Cowen raised their target price on shares of Stifel Financial from $86.50 to $92.00 and gave the stock an “outperform” rating in a research note on Friday, March 22nd. Finally, Citigroup upped their price target on shares of Stifel Financial from $74.00 to $80.00 and gave the stock a “neutral” rating in a research report on Thursday, April 11th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $84.50.

Stifel Financial Stock Down 1.4 %

NYSE SF opened at $80.26 on Monday. Stifel Financial Corp. has a 12 month low of $54.81 and a 12 month high of $84.23. The company has a current ratio of 0.84, a quick ratio of 0.80 and a debt-to-equity ratio of 0.35. The stock has a market cap of $8.22 billion, a PE ratio of 18.24 and a beta of 1.12. The stock’s 50 day moving average is $79.96 and its 200 day moving average is $75.38.

Stifel Financial (NYSE:SF) last released its earnings results on Wednesday, April 24th. The financial services provider reported $1.49 EPS for the quarter, missing the consensus estimate of $1.62 by ($0.13). Stifel Financial had a return on equity of 12.40% and a net margin of 11.34%. The company had revenue of $1.16 billion during the quarter, compared to analysts’ expectations of $1.14 billion. During the same period last year, the firm posted $1.40 EPS. Stifel Financial’s quarterly revenue was up 5.1% compared to the same quarter last year. Research analysts predict that Stifel Financial Corp. will post 7.04 EPS for the current fiscal year.

Stifel Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Monday, June 3rd were issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 2.09%. The ex-dividend date of this dividend was Monday, June 3rd. Stifel Financial’s dividend payout ratio (DPR) is presently 38.18%.

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.