XTX Topco Ltd Buys New Stake in Stifel Financial Corp. (NYSE:SF)

XTX Topco Ltd acquired a new position in Stifel Financial Corp. (NYSE:SF - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,194 shares of the financial services provider's stock, valued at approximately $339,000.

Several other large investors also recently modified their holdings of the company. Barclays PLC boosted its position in Stifel Financial by 62.2% in the third quarter. Barclays PLC now owns 107,397 shares of the financial services provider's stock worth $10,086,000 after purchasing an additional 41,171 shares during the last quarter. Tidal Investments LLC lifted its stake in shares of Stifel Financial by 13.7% in the 3rd quarter. Tidal Investments LLC now owns 3,877 shares of the financial services provider's stock worth $364,000 after purchasing an additional 467 shares during the period. Franklin Resources Inc. lifted its stake in shares of Stifel Financial by 9.7% in the 3rd quarter. Franklin Resources Inc. now owns 44,113 shares of the financial services provider's stock worth $4,336,000 after purchasing an additional 3,887 shares during the period. Versant Capital Management Inc boosted its holdings in shares of Stifel Financial by 46.5% in 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 during the last quarter. Finally, GAMMA Investing LLC grew 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 valued at $95,000 after buying an additional 397 shares during the period. Institutional investors own 82.01% of the company's stock.

Stifel Financial Price Performance

NYSE SF traded down $0.01 during trading hours on Friday, reaching $85.73. The company's stock had a trading volume of 916,923 shares, compared to its average volume of 680,655. Stifel Financial Corp. has a 1 year low of $73.27 and a 1 year high of $120.64. The company has a quick ratio of 0.78, a current ratio of 0.82 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $8.89 billion, a price-to-earnings ratio of 13.74 and a beta of 1.00. The firm's 50-day moving average price is $93.19 and its 200-day moving average price is $103.92.

Stifel Financial (NYSE:SF - Get Free Report) last released its earnings results on Wednesday, April 23rd. The financial services provider reported $0.49 EPS for the quarter, missing the consensus estimate of $1.61 by ($1.12). The company had revenue of $1.26 billion during the quarter, compared to analysts' expectations of $1.32 billion. Stifel Financial had a return on equity of 16.59% and a net margin of 14.00%. During the same period last year, the firm posted $1.49 EPS. On average, equities research analysts predict that Stifel Financial Corp. will post 8.26 EPS for the current fiscal year.

Stifel Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were given a dividend of $0.46 per share. This is a positive change from Stifel Financial's previous quarterly dividend of $0.42. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.15%. Stifel Financial's dividend payout ratio (DPR) is presently 35.18%.

Analysts Set New Price Targets

Several research firms have weighed in on SF. StockNews.com upgraded shares of Stifel Financial from a "hold" rating to a "buy" rating in a research report on Thursday, March 6th. Wells Fargo & Company decreased their target price on Stifel Financial from $106.00 to $102.00 and set an "overweight" rating on the stock in a report on Thursday. Citigroup cut their price target on Stifel Financial from $125.00 to $105.00 and set a "neutral" rating for the company in a report on Wednesday, April 2nd. Wolfe Research raised Stifel Financial from a "peer perform" rating to an "outperform" rating and set a $108.00 price objective on the stock in a research note on Thursday. Finally, JMP Securities cut their price objective on Stifel Financial from $135.00 to $120.00 and set a "market outperform" rating for the company in a research note on Tuesday, April 8th. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $105.50.

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.