Frederick O. Hanser Sells 3,000 Shares of Stifel Financial Corporation (SF) Stock

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%.

ILLEGAL ACTIVITY NOTICE: This news story was posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this news story on another publication, it was illegally copied and reposted in violation of U.S. and international copyright and trademark law. The legal version of this news story can be read at https://www.dispatchtribunal.com/2017/11/18/frederick-o-hanser-sells-3000-shares-of-stifel-financial-corporation-sf-stock.html.

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.

Insider Buying and Selling by Quarter for Stifel Financial Corporation (NYSE:SF)

Receive News & Ratings for Stifel Financial Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stifel Financial Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply