Stifel Financial Corp. (NYSE:SF) Receives Consensus Recommendation of “Hold” from Analysts

Stifel Financial Corp. (NYSE:SF) has been assigned a consensus recommendation of “Hold” from the eight analysts that are currently covering the firm, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $117.71.

SF has been the topic of a number of research analyst reports. Citigroup lifted their price target on shares of Stifel Financial from $110.00 to $115.00 and gave the company a “neutral” rating in a research note on Friday, January 10th. Wells Fargo & Company lifted their price target on shares of Stifel Financial from $128.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday, January 30th. JMP Securities lifted their price target on shares of Stifel Financial from $125.00 to $135.00 and gave the company a “market outperform” rating in a research note on Thursday, January 30th. TD Cowen lifted their price target on shares of Stifel Financial from $100.00 to $105.00 and gave the company a “hold” rating in a research note on Thursday, October 24th. Finally, UBS Group lifted their price target on shares of Stifel Financial from $116.00 to $120.00 and gave the company a “neutral” rating in a research note on Monday.

Stifel Financial Price Performance

Shares of NYSE SF opened at $114.40 on Friday. The stock has a market capitalization of $11.71 billion, a price-to-earnings ratio of 18.33 and a beta of 1.11. Stifel Financial has a 12 month low of $72.78 and a 12 month high of $120.64. The firm’s 50 day simple moving average is $110.55 and its 200-day simple moving average is $100.60. 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 data on Wednesday, January 29th. The financial services provider reported $2.23 EPS for the quarter, topping analysts’ consensus estimates of $1.96 by $0.27. Stifel Financial had a net margin of 14.00% and a return on equity of 16.59%. Analysts expect that Stifel Financial will post 7.91 EPS for the current year.

Stifel Financial Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be paid a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 1.61%. The ex-dividend date of this dividend is Monday, March 3rd. This is a boost from Stifel Financial’s previous quarterly dividend of $0.42. Stifel Financial’s payout ratio is 29.49%.

Insider Transactions 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 shares were sold at an average price of $116.18, for a total transaction of $2,904,500.00. Following the transaction, the chief operating officer now 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 position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 4.57% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. V Square Quantitative Management LLC acquired a new position in shares of Stifel Financial during the 4th quarter valued at about $26,000. Waldron Private Wealth LLC acquired a new position in shares of Stifel Financial during the 3rd quarter valued at about $34,000. Versant Capital Management Inc boosted its position in shares of Stifel Financial by 46.5% during the 4th quarter. Versant Capital Management Inc now owns 457 shares of the financial services provider’s stock valued at $48,000 after acquiring an additional 145 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Stifel Financial by 27.7% during the 3rd quarter. GAMMA Investing LLC now owns 503 shares of the financial services provider’s stock valued at $47,000 after acquiring an additional 109 shares during the last quarter. Finally, Smartleaf Asset Management LLC boosted its position in shares of Stifel Financial by 26.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 528 shares of the financial services provider’s stock valued at $56,000 after acquiring an additional 111 shares during the last quarter. Institutional investors and hedge funds own 82.01% of the company’s stock.

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.