Crestwood Advisors Group LLC Has $13.70 Million Stock Holdings in Stifel Financial Corp. (NYSE:SF)

Crestwood Advisors Group LLC raised its position in shares of Stifel Financial Corp. (NYSE:SF) by 0.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 129,099 shares of the financial services provider’s stock after purchasing an additional 155 shares during the period. Crestwood Advisors Group LLC’s holdings in Stifel Financial were worth $13,695,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. V Square Quantitative Management LLC bought a new position in shares of Stifel Financial in the 4th quarter valued at $26,000. Versant Capital Management Inc grew its position in Stifel Financial by 46.5% in the fourth 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. Mather Group LLC. raised its stake in Stifel Financial by 14.6% during the fourth quarter. Mather Group LLC. now owns 707 shares of the financial services provider’s stock worth $75,000 after acquiring an additional 90 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Stifel Financial by 78.9% in the fourth quarter. GAMMA Investing LLC now owns 900 shares of the financial services provider’s stock worth $95,000 after acquiring an additional 397 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in shares of Stifel Financial by 148.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,201 shares of the financial services provider’s stock valued at $113,000 after purchasing an additional 717 shares in the last quarter. 82.01% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on SF shares. UBS Group increased their price objective on shares of Stifel Financial from $116.00 to $120.00 and gave the company a “neutral” rating in a research note on Monday, February 3rd. Citigroup increased their price target on Stifel Financial from $110.00 to $115.00 and gave the company a “neutral” rating in a research note on Friday, January 10th. JMP Securities boosted their price objective on Stifel Financial from $125.00 to $135.00 and gave the stock a “market outperform” rating in a research report on Thursday, January 30th. JPMorgan Chase & Co. assumed coverage on Stifel Financial in a research report on Tuesday, December 10th. They issued a “neutral” rating and a $120.00 target price for the company. Finally, Wells Fargo & Company boosted their price target on Stifel Financial from $128.00 to $135.00 and gave the stock an “overweight” rating in a report on Thursday, January 30th. Seven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $117.71.

Stifel Financial Stock Performance

Shares of SF stock opened at $103.93 on Monday. The stock has a market capitalization of $10.64 billion, a PE ratio of 16.65 and a beta of 1.11. The business’s 50 day simple moving average is $109.76 and its 200 day simple moving average is $102.79. 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 Corp. has a one year low of $72.78 and a one year high of $120.64.

Stifel Financial (NYSE:SF) last posted its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $2.23 earnings per share for the quarter, topping the consensus estimate of $1.96 by $0.27. Stifel Financial had a net margin of 14.00% and a return on equity of 16.59%. As a group, research analysts forecast that Stifel Financial Corp. will post 8.26 earnings per share for the current year.

Stifel Financial Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be issued a dividend of $0.46 per share. This is an increase from Stifel Financial’s previous quarterly dividend of $0.42. This represents a $1.84 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date is Monday, March 3rd. Stifel Financial’s dividend payout ratio (DPR) is presently 29.49%.

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.