Stifel Financial Corporation (NYSE:SF) Director Frederick O. Hanser sold 3,000 shares of the stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $51.96, for a total value of $155,880.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Stifel Financial Corporation (NYSE:SF) traded down $0.37 during trading on Friday, hitting $52.10. The company had a trading volume of 394,241 shares, compared to its average volume of 338,863. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.67 and a quick ratio of 0.61. Stifel Financial Corporation has a 12 month low of $41.93 and a 12 month high of $56.62. The stock has a market capitalization of $3,540.00, a PE ratio of 16.32, a PEG ratio of 1.27 and a beta of 1.70.
Stifel Financial Corporation (NYSE:SF) last released its quarterly earnings data on Monday, October 30th. The financial services provider reported $0.89 EPS for the quarter, beating the consensus estimate of $0.83 by $0.06. Stifel Financial Corporation had a return on equity of 9.78% and a net margin of 7.61%. The company had revenue of $721.20 million for the quarter, compared to analysts’ expectations of $701.12 million. During the same period last year, the firm posted $0.69 earnings per share. Stifel Financial Corporation’s revenue was up 12.3% compared to the same quarter last year. research analysts anticipate that Stifel Financial Corporation will post 3.44 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $0.40 annualized dividend and a dividend yield of 0.77%. Stifel Financial Corporation’s dividend payout ratio (DPR) is presently 15.94%.
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Several institutional investors have recently added to or reduced their stakes in SF. Public Employees Retirement System of Ohio boosted its position in shares of Stifel Financial Corporation by 5.0% during the second quarter. Public Employees Retirement System of Ohio now owns 2,379 shares of the financial services provider’s stock valued at $109,000 after buying an additional 113 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Stifel Financial Corporation by 9.0% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,570 shares of the financial services provider’s stock valued at $118,000 after buying an additional 212 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new stake in shares of Stifel Financial Corporation during the third quarter valued at $137,000. Pacad Investment Ltd. boosted its position in shares of Stifel Financial Corporation by 442.9% during the second quarter. Pacad Investment Ltd. now owns 3,800 shares of the financial services provider’s stock valued at $175,000 after buying an additional 3,100 shares during the last quarter. Finally, Riverhead Capital Management LLC lifted its holdings in Stifel Financial Corporation by 91.4% in the second quarter. Riverhead Capital Management LLC now owns 3,827 shares of the financial services provider’s stock valued at $176,000 after acquiring an additional 1,827 shares during the period. 86.64% of the stock is currently owned by institutional investors.
A number of equities research analysts have recently commented on the company. Zacks Investment Research cut Stifel Financial Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. Nomura increased their target price on Stifel Financial Corporation from $56.00 to $58.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 31st. TheStreet raised Stifel Financial Corporation from a “c+” rating to a “b” rating in a research note on Monday, July 31st. BidaskClub raised Stifel Financial Corporation from a “hold” rating to a “buy” rating in a research note on Thursday, August 3rd. Finally, JMP Securities reissued a “neutral” rating on shares of Stifel Financial Corporation in a research note on Friday, August 18th. Eight research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $56.33.
Stifel Financial Corporation Company Profile
Stifel Financial Corp. is a financial holding company. Its principal subsidiary is Stifel, Nicolaus & Company, Incorporated, a retail and institutional wealth management and investment banking firm. It operates through three segments: Global Wealth Management, Institutional Group and Other. The Global Wealth Management segment consists of the Private Client Group and Stifel Bank businesses.
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