Stifel Financial Corp. (NYSE:SF) Given Average Rating of “Hold” by Analysts

Stifel Financial Corp. (NYSE:SF) has been assigned an average rating of “Hold” from the eight analysts that are covering the stock, Marketbeat Ratings reports. Six analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $105.57.

A number of analysts have commented on SF shares. JMP Securities upped their price target on shares of Stifel Financial from $105.00 to $110.00 and gave the company a “market outperform” rating in a research report on Wednesday, October 9th. TD Cowen raised their target price on Stifel Financial from $100.00 to $105.00 and gave the stock a “hold” rating in a research note on Thursday, October 24th. The Goldman Sachs Group boosted their price target on Stifel Financial from $85.00 to $94.00 and gave the company a “neutral” rating in a research note on Thursday, September 26th. StockNews.com downgraded shares of Stifel Financial from a “buy” rating to a “hold” rating in a research report on Thursday, October 3rd. Finally, Wells Fargo & Company boosted their target price on shares of Stifel Financial from $113.00 to $130.00 and gave the company an “overweight” rating in a research report on Wednesday, November 13th.

Insider Buying and Selling at Stifel Financial

In other news, COO David D. Sliney sold 25,000 shares of the 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 directly owns 159,619 shares of the company’s stock, valued at $18,544,535.42. This represents a 13.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 4.57% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Stifel Financial

Several institutional investors have recently bought and sold shares of SF. CIBC Asset Management Inc boosted its holdings in Stifel Financial by 3.5% during the 3rd quarter. CIBC Asset Management Inc now owns 3,019 shares of the financial services provider’s stock worth $283,000 after acquiring an additional 102 shares during the last quarter. GAMMA Investing LLC lifted its position 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 in the last quarter. Tributary Capital Management LLC boosted its holdings in Stifel Financial by 1.0% during the third quarter. Tributary Capital Management LLC now owns 12,603 shares of the financial services provider’s stock worth $1,183,000 after purchasing an additional 126 shares during the last quarter. CWM LLC grew its position in Stifel Financial by 3.8% in the 3rd quarter. CWM LLC now owns 3,940 shares of the financial services provider’s stock worth $370,000 after purchasing an additional 145 shares in the last quarter. Finally, Rehmann Capital Advisory Group increased its stake in Stifel Financial by 4.9% in the 3rd quarter. Rehmann Capital Advisory Group now owns 3,234 shares of the financial services provider’s stock valued at $306,000 after buying an additional 151 shares during the last quarter. Institutional investors own 82.01% of the company’s stock.

Stifel Financial Price Performance

Stifel Financial stock opened at $105.94 on Thursday. The stock’s 50 day moving average is $109.58 and its 200 day moving average is $94.14. Stifel Financial has a one year low of $67.61 and a one year high of $119.12. The firm has a market cap of $10.84 billion, a P/E ratio of 19.16 and a beta of 1.08. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.82 and a quick ratio of 0.78.

Stifel Financial (NYSE:SF) last issued its quarterly earnings results on Wednesday, October 23rd. The financial services provider reported $1.50 earnings per share (EPS) 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 firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.20 billion. During the same quarter last year, the firm posted $0.60 EPS. The firm’s revenue for the quarter was up 17.2% on a year-over-year basis. As a group, research analysts expect that Stifel Financial will post 6.5 EPS for the current year.

Stifel Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were given a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 1.59%. The ex-dividend date was Monday, December 2nd. Stifel Financial’s payout ratio is currently 30.38%.

About Stifel Financial

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.