9,334 Shares in Stifel Financial Corp. (NYSE:SF) Acquired by Entropy Technologies LP

Entropy Technologies LP acquired a new stake in Stifel Financial Corp. (NYSE:SF - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 9,334 shares of the financial services provider's stock, valued at approximately $990,000.

Several other hedge funds have also recently bought and sold shares of SF. Waldron Private Wealth LLC acquired a new stake in Stifel Financial during the 3rd quarter valued at $34,000. Versant Capital Management Inc grew its holdings in Stifel Financial by 46.5% during the 4th quarter. Versant Capital Management Inc now owns 457 shares of the financial services provider's stock valued at $48,000 after buying an additional 145 shares during the last quarter. GAMMA Investing LLC grew its holdings in Stifel Financial by 27.7% during the 3rd quarter. GAMMA Investing LLC now owns 503 shares of the financial services provider's stock valued at $47,000 after buying an additional 109 shares during the last quarter. Mather Group LLC. grew its holdings in Stifel Financial by 14.6% during the 4th quarter. Mather Group LLC. now owns 707 shares of the financial services provider's stock valued at $75,000 after buying an additional 90 shares during the last quarter. Finally, UMB Bank n.a. grew its holdings in Stifel Financial by 36.6% during the 3rd quarter. UMB Bank n.a. now owns 870 shares of the financial services provider's stock valued at $82,000 after buying an additional 233 shares during the last quarter. 82.01% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

SF has been the topic of a number of analyst reports. TD Cowen increased their target price on Stifel Financial from $100.00 to $105.00 and gave the company a "hold" rating in a report on Thursday, October 24th. Citigroup raised their price objective on Stifel Financial from $110.00 to $115.00 and gave the stock a "neutral" rating in a report on Friday, January 10th. JPMorgan Chase & Co. initiated coverage on Stifel Financial in a report on Tuesday, December 10th. They set a "neutral" rating and a $120.00 price objective on the stock. Wells Fargo & Company raised their price objective on Stifel Financial from $128.00 to $135.00 and gave the stock an "overweight" rating in a report on Thursday, January 30th. Finally, JMP Securities raised their price objective on Stifel Financial from $125.00 to $135.00 and gave the stock a "market outperform" rating in a report on Thursday, January 30th. Seven equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $117.71.

Stifel Financial Trading Up 1.6 %

Stifel Financial stock traded up $1.72 during midday trading on Friday, reaching $110.50. The stock had a trading volume of 428,896 shares, compared to its average volume of 722,623. Stifel Financial Corp. has a twelve month low of $72.78 and a twelve month high of $120.64. The stock has a market capitalization of $11.31 billion, a PE ratio of 17.71 and a beta of 1.11. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.78 and a current ratio of 0.82. The stock's 50-day simple moving average is $110.00 and its 200 day simple moving average is $101.62.

Stifel Financial (NYSE:SF - Get Free Report) 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%. Analysts expect that Stifel Financial Corp. will post 8.26 EPS for the current year.

Stifel Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be given a $0.46 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This is a positive change from Stifel Financial's previous quarterly dividend of $0.42. This represents a $1.84 annualized dividend and a yield of 1.67%. Stifel Financial's dividend payout ratio (DPR) is 29.49%.

About Stifel Financial

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.