2,143 Shares in Stifel Financial Corp. (NYSE:SF) Bought by Drive Wealth Management LLC

Drive Wealth Management LLC purchased a new position in Stifel Financial Corp. (NYSE:SF) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,143 shares of the financial services provider’s stock, valued at approximately $227,000.

Other institutional investors also recently bought and sold shares of the company. Waldron Private Wealth LLC bought a new stake in shares of Stifel Financial during the third quarter worth $34,000. 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 worth $47,000 after purchasing an additional 109 shares during the last quarter. Versant Capital Management Inc lifted its position 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 worth $48,000 after purchasing an additional 145 shares during the last quarter. UMB Bank n.a. lifted its position in shares of Stifel Financial by 36.6% during the third quarter. UMB Bank n.a. now owns 870 shares of the financial services provider’s stock worth $82,000 after purchasing an additional 233 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in shares of Stifel Financial by 148.1% in the third quarter. Farther Finance Advisors LLC now owns 1,201 shares of the financial services provider’s stock valued at $113,000 after acquiring an additional 717 shares in the last quarter. 82.01% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Stifel Financial

In other news, COO David D. Sliney sold 25,000 shares of the business’s 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 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 4.57% of the stock is owned by insiders.

Analyst Ratings Changes

Several research firms recently weighed in on SF. TD Cowen lifted their price objective on Stifel Financial from $100.00 to $105.00 and gave the company a “hold” rating in a report on Thursday, October 24th. JMP Securities lifted their price objective on Stifel Financial from $105.00 to $110.00 and gave the company a “market outperform” rating in a report on Wednesday, October 9th. JPMorgan Chase & Co. began coverage on Stifel Financial in a report on Tuesday, December 10th. They issued a “neutral” rating and a $120.00 price objective for the company. Citigroup lifted their price objective on Stifel Financial from $110.00 to $115.00 and gave the company a “neutral” rating in a report on Friday, January 10th. Finally, StockNews.com downgraded Stifel Financial from a “buy” rating to a “hold” rating in a report on Thursday, October 3rd. Seven 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 has a consensus rating of “Hold” and an average target price of $107.14.

Stifel Financial Price Performance

SF opened at $113.10 on Tuesday. The business’s 50-day moving average is $110.66 and its two-hundred day moving average is $99.10. Stifel Financial Corp. has a 1 year low of $71.36 and a 1 year high of $119.12. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.82 and a quick ratio of 0.78. The firm has a market capitalization of $11.58 billion, a PE ratio of 20.45 and a beta of 1.11.

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.