OneDigital Investment Advisors LLC Grows Position in Stifel Financial Corp. (NYSE:SF)

OneDigital Investment Advisors LLC grew its stake in Stifel Financial Corp. (NYSE:SF) by 3.5% during the 3rd quarter, Holdings Channel reports. The fund owned 4,954 shares of the financial services provider’s stock after acquiring an additional 166 shares during the period. OneDigital Investment Advisors LLC’s holdings in Stifel Financial were worth $465,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Versant Capital Management Inc raised its stake in Stifel Financial by 1,818.8% in the 2nd quarter. Versant Capital Management Inc now owns 307 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 291 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp acquired a new position in shares of Stifel Financial in the first quarter valued at approximately $33,000. Waldron Private Wealth LLC purchased a new position in shares of Stifel Financial during the third quarter valued at approximately $34,000. GAMMA Investing LLC boosted its position in Stifel Financial by 27.7% during the third quarter. GAMMA Investing LLC now owns 503 shares of the financial services provider’s stock worth $47,000 after acquiring an additional 109 shares during the last quarter. Finally, Bessemer Group Inc. grew its stake in Stifel Financial by 388.3% in the 1st quarter. Bessemer Group Inc. now owns 796 shares of the financial services provider’s stock worth $62,000 after acquiring an additional 633 shares during the period. Institutional investors and hedge funds own 82.01% of the company’s stock.

Insider Activity at Stifel Financial

In other news, COO David D. Sliney sold 25,000 shares of Stifel Financial stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $116.18, for a total transaction of $2,904,500.00. Following the sale, the chief operating officer now directly owns 159,619 shares of the company’s stock, 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 legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 4.57% of the company’s stock.

Analyst Ratings Changes

SF has been the subject of a number of recent analyst reports. Citigroup lifted their price objective on Stifel Financial from $90.00 to $102.00 and gave the company a “neutral” rating in a research report on Friday, September 27th. Wells Fargo & Company lifted their price target on Stifel Financial from $113.00 to $130.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. JMP Securities increased their price objective on shares of Stifel Financial from $105.00 to $110.00 and gave the stock a “market outperform” rating in a report on Wednesday, October 9th. The Goldman Sachs Group boosted their target price on shares of Stifel Financial from $85.00 to $94.00 and gave the company a “neutral” rating in a report on Thursday, September 26th. Finally, TD Cowen increased their price target on shares of Stifel Financial from $100.00 to $105.00 and gave the stock a “hold” rating in a research note on Thursday, October 24th. Six analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $103.17.

Stifel Financial Price Performance

SF opened at $113.42 on Thursday. Stifel Financial Corp. has a 52-week low of $60.17 and a 52-week high of $118.12. The company has a 50 day moving average of $100.94 and a two-hundred day moving average of $89.16. The company has a market cap of $11.61 billion, a P/E ratio of 20.51 and a beta of 1.08. The company has a quick ratio of 0.78, a current ratio of 0.82 and a debt-to-equity ratio of 0.27.

Stifel Financial (NYSE:SF) last announced its quarterly earnings results on Wednesday, October 23rd. The financial services provider reported $1.50 earnings per share for the quarter, missing analysts’ consensus estimates of $1.60 by ($0.10). Stifel Financial had a return on equity of 14.92% and a net margin of 12.98%. The business had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.20 billion. During the same period last year, the company posted $0.60 earnings per share. The firm’s revenue for the quarter was up 17.2% on a year-over-year basis. On average, analysts expect that Stifel Financial Corp. will post 6.44 earnings per share for the current year.

Stifel Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 2nd will be issued a dividend of $0.42 per share. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $1.68 annualized dividend and a dividend yield of 1.48%. Stifel Financial’s payout ratio is currently 30.38%.

Stifel Financial 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.