Stifel Financial Corp (SF) Holdings Increased by QS Investors LLC

QS Investors LLC raised its position in Stifel Financial Corp (NYSE:SF) by 37.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 87,700 shares of the financial services provider’s stock after acquiring an additional 23,700 shares during the quarter. QS Investors LLC owned approximately 0.12% of Stifel Financial worth $3,633,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Oregon Public Employees Retirement Fund lifted its stake in shares of Stifel Financial by 4,042.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,179,559 shares of the financial services provider’s stock worth $28,000 after buying an additional 1,151,081 shares during the last quarter. Larson Financial Group LLC acquired a new stake in shares of Stifel Financial during the 4th quarter worth about $28,000. Private Capital Group LLC lifted its stake in shares of Stifel Financial by 59.1% during the 4th quarter. Private Capital Group LLC now owns 2,785 shares of the financial services provider’s stock worth $115,000 after buying an additional 1,034 shares during the last quarter. Stratos Wealth Partners LTD. acquired a new stake in shares of Stifel Financial during the 3rd quarter worth about $133,000. Finally, Nisa Investment Advisors LLC lifted its stake in shares of Stifel Financial by 12.4% during the 4th quarter. Nisa Investment Advisors LLC now owns 3,800 shares of the financial services provider’s stock worth $157,000 after buying an additional 420 shares during the last quarter. Hedge funds and other institutional investors own 84.98% of the company’s stock.

Shares of Stifel Financial stock opened at $55.66 on Friday. Stifel Financial Corp has a twelve month low of $38.39 and a twelve month high of $65.69. The company has a quick ratio of 0.68, a current ratio of 0.75 and a debt-to-equity ratio of 0.77. The stock has a market capitalization of $3.96 billion, a price-to-earnings ratio of 10.54, a price-to-earnings-growth ratio of 1.25 and a beta of 1.86.

Stifel Financial (NYSE:SF) last issued its quarterly earnings data on Friday, February 1st. The financial services provider reported $1.57 earnings per share for the quarter, topping the consensus estimate of $1.48 by $0.09. Stifel Financial had a net margin of 13.02% and a return on equity of 14.85%. The business had revenue of $793.50 million during the quarter, compared to analysts’ expectations of $765.48 million. During the same quarter in the previous year, the company earned $1.47 EPS. The business’s revenue was down 1.3% on a year-over-year basis. As a group, equities research analysts expect that Stifel Financial Corp will post 5.4 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were issued a $0.15 dividend. This is a positive change from Stifel Financial’s previous quarterly dividend of $0.12. This represents a $0.60 annualized dividend and a yield of 1.08%. The ex-dividend date was Thursday, February 28th. Stifel Financial’s dividend payout ratio (DPR) is currently 11.36%.

In other Stifel Financial news, insider Victor Nesi sold 2,500 shares of the firm’s stock in a transaction dated Thursday, February 21st. The shares were sold at an average price of $55.03, for a total value of $137,575.00. Following the transaction, the insider now directly owns 186,160 shares of the company’s stock, valued at approximately $10,244,384.80. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director David A. Peacock bought 2,000 shares of the firm’s stock in a transaction on Tuesday, February 12th. The stock was purchased at an average cost of $53.14 per share, for a total transaction of $106,280.00. The disclosure for this purchase can be found here. 3.86% of the stock is owned by company insiders.

SF has been the subject of several analyst reports. ValuEngine cut shares of Stifel Financial from a “hold” rating to a “sell” rating in a research note on Monday, February 4th. Zacks Investment Research cut shares of Stifel Financial from a “hold” rating to a “sell” rating in a research note on Tuesday, December 4th. Goldman Sachs Group initiated coverage on shares of Stifel Financial in a research note on Tuesday, November 27th. They issued a “neutral” rating and a $56.00 price objective for the company. TheStreet upgraded shares of Stifel Financial from a “c+” rating to a “b-” rating in a research note on Tuesday, February 5th. Finally, Wells Fargo & Co reiterated a “market perform” rating and issued a $44.00 price objective (down previously from $49.00) on shares of Stifel Financial in a research note on Wednesday, December 19th. Three analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Stifel Financial has a consensus rating of “Buy” and a consensus target price of $55.00.

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About Stifel Financial

Stifel Financial Corp. provides securities brokerage, investment banking, trading, investment advisory and related financial services. It operates through the following segments: Global Wealth Management, Institutional Group and Other. The Global Wealth Management segment provides securities transaction, brokerage and investment services to clients.

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Institutional Ownership by Quarter for Stifel Financial (NYSE:SF)

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