Stifel Financial Corp. (NYSE:SF) Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC increased its position in shares of Stifel Financial Corp. (NYSE:SF) by 3.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 72,466 shares of the financial services provider’s stock after purchasing an additional 2,484 shares during the quarter. Natixis Advisors LLC’s holdings in Stifel Financial were worth $7,687,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SF. V Square Quantitative Management LLC acquired a new position in Stifel Financial during the fourth quarter worth $26,000. Versant Capital Management Inc increased its position in 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 buying an additional 145 shares in the last quarter. Smartleaf Asset Management LLC increased its position in Stifel Financial by 26.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 528 shares of the financial services provider’s stock worth $56,000 after buying an additional 111 shares in the last quarter. Mather Group LLC. increased its position 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 buying an additional 90 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in Stifel Financial by 78.9% during the fourth quarter. GAMMA Investing LLC now owns 900 shares of the financial services provider’s stock worth $95,000 after buying an additional 397 shares in the last quarter. 82.01% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have weighed in on SF shares. JPMorgan Chase & Co. started coverage on Stifel Financial in a research report on Tuesday, December 10th. They set a “neutral” rating and a $120.00 price target for the company. JMP Securities lifted their price objective on Stifel Financial from $125.00 to $135.00 and gave the company a “market outperform” rating in a research report on Thursday, January 30th. UBS Group lifted their price objective on Stifel Financial from $116.00 to $120.00 and gave the company a “neutral” rating in a research report on Monday, February 3rd. Wells Fargo & Company lifted their price objective on Stifel Financial from $128.00 to $135.00 and gave the company an “overweight” rating in a research report on Thursday, January 30th. Finally, Citigroup lifted their price objective on Stifel Financial from $110.00 to $115.00 and gave the company a “neutral” rating in a research report on Friday, January 10th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $117.71.

Stifel Financial Price Performance

Shares of Stifel Financial stock opened at $98.10 on Friday. Stifel Financial Corp. has a twelve month low of $73.51 and a twelve month high of $120.64. The stock has a market capitalization of $10.18 billion, a P/E ratio of 15.72 and a beta of 1.08. The company has a current ratio of 0.82, a quick ratio of 0.78 and a debt-to-equity ratio of 0.27. The business’s fifty day moving average price is $106.86 and its 200 day moving average price is $104.41.

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

Stifel Financial Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were issued a $0.46 dividend. The ex-dividend date was Monday, March 3rd. This represents a $1.84 dividend on an annualized basis and a yield of 1.88%. This is a boost from Stifel Financial’s previous quarterly dividend of $0.42. Stifel Financial’s dividend payout ratio (DPR) is presently 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.