Metis Global Partners LLC Sells 265 Shares of Stifel Financial Corp. (NYSE:SF)

Metis Global Partners LLC trimmed its position in Stifel Financial Corp. (NYSE:SF) by 11.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 2,075 shares of the financial services provider’s stock after selling 265 shares during the period. Metis Global Partners LLC’s holdings in Stifel Financial were worth $220,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. V Square Quantitative Management LLC bought a new position in Stifel Financial in the 4th quarter valued at $26,000. Versant Capital Management Inc boosted its position in Stifel Financial by 46.5% in the 4th quarter. Versant Capital Management Inc now owns 457 shares of the financial services provider’s stock valued at $48,000 after buying an additional 145 shares during the last quarter. Mather Group LLC. lifted its stake in shares of Stifel Financial by 14.6% in the 4th quarter. Mather Group LLC. now owns 707 shares of the financial services provider’s stock valued at $75,000 after purchasing an additional 90 shares during the period. GAMMA Investing LLC lifted its stake in shares of Stifel Financial by 78.9% in the 4th quarter. GAMMA Investing LLC now owns 900 shares of the financial services provider’s stock valued at $95,000 after purchasing an additional 397 shares during the period. Finally, UMB Bank n.a. lifted its stake in shares of Stifel Financial by 24.1% in the 4th quarter. UMB Bank n.a. now owns 1,080 shares of the financial services provider’s stock valued at $115,000 after purchasing an additional 210 shares during the period. 82.01% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on SF shares. JMP Securities increased their price target on Stifel Financial from $125.00 to $135.00 and gave the company a “market outperform” rating in a research note on Thursday, January 30th. JPMorgan Chase & Co. started coverage on Stifel Financial in a research note on Tuesday, December 10th. They issued a “neutral” rating and a $120.00 price target on the stock. Wells Fargo & Company increased their price target on Stifel Financial from $128.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday, January 30th. 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. Finally, StockNews.com raised Stifel Financial from a “hold” rating to a “buy” rating in a research note on Thursday. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Stifel Financial currently has an average rating of “Hold” and an average target price of $117.71.

Stifel Financial Stock Performance

SF opened at $98.42 on Friday. The business’s 50-day moving average price is $109.39 and its two-hundred day moving average price is $103.82. Stifel Financial Corp. has a 1 year low of $72.78 and a 1 year high of $120.64. The company has a market capitalization of $10.07 billion, a price-to-earnings ratio of 15.77 and a beta of 1.11. 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 released its quarterly earnings results on Wednesday, January 29th. The financial services provider reported $2.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.96 by $0.27. Stifel Financial had a return on equity of 16.59% and a net margin of 14.00%. Equities analysts expect that Stifel Financial Corp. will post 8.26 EPS for the current fiscal year.

Stifel Financial Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be paid a $0.46 dividend. This is an increase from Stifel Financial’s previous quarterly dividend of $0.42. The ex-dividend date is Monday, March 3rd. This represents a $1.84 annualized dividend and a dividend yield of 1.87%. Stifel Financial’s dividend payout ratio (DPR) is currently 29.49%.

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.