Axiom Investors LLC DE Acquires 10,039 Shares of Stifel Financial Corp. (NYSE:SF)

Axiom Investors LLC DE boosted its holdings in Stifel Financial Corp. (NYSE:SF - Free Report) by 4.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 217,567 shares of the financial services provider's stock after acquiring an additional 10,039 shares during the period. Axiom Investors LLC DE owned 0.21% of Stifel Financial worth $23,080,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the business. Mather Group LLC. boosted its holdings in shares of Stifel Financial by 14.6% during the fourth quarter. Mather Group LLC. now owns 707 shares of the financial services provider's stock worth $75,000 after acquiring an additional 90 shares during the period. Smartleaf Asset Management LLC grew its holdings in Stifel Financial by 26.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 528 shares of the financial services provider's stock valued at $56,000 after buying an additional 111 shares in the last quarter. Versant Capital Management Inc increased its position 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 worth $48,000 after buying an additional 145 shares during the period. Principal Securities Inc. lifted its holdings in shares of Stifel Financial by 10.1% during the fourth quarter. Principal Securities Inc. now owns 1,642 shares of the financial services provider's stock worth $174,000 after buying an additional 150 shares in the last quarter. Finally, Rehmann Capital Advisory Group boosted its position in shares of Stifel Financial by 4.9% in the third quarter. Rehmann Capital Advisory Group now owns 3,234 shares of the financial services provider's stock valued at $306,000 after acquiring an additional 151 shares during the period. Institutional investors own 82.01% of the company's stock.

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Wall Street Analyst Weigh In

SF has been the topic of a number of recent research reports. JMP Securities raised their price target on shares of Stifel Financial from $125.00 to $135.00 and gave the stock a "market outperform" rating in a research report on Thursday, January 30th. StockNews.com upgraded shares of Stifel Financial from a "hold" rating to a "buy" rating in a research report on Thursday, March 6th. Citigroup reduced their price target on Stifel Financial from $125.00 to $105.00 and set a "neutral" rating on the stock in a research report on Wednesday. JPMorgan Chase & Co. assumed coverage on Stifel Financial in a report on Tuesday, December 10th. They issued a "neutral" rating and a $120.00 price objective for the company. Finally, Wells Fargo & Company increased their target price on Stifel Financial from $128.00 to $135.00 and gave the stock an "overweight" rating in a report on Thursday, January 30th. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $117.86.

Stifel Financial Price Performance

Shares of SF traded down $10.45 during midday trading on Thursday, hitting $86.06. The company's stock had a trading volume of 1,032,229 shares, compared to its average volume of 777,199. The company has a quick ratio of 0.78, a current ratio of 0.82 and a debt-to-equity ratio of 0.27. Stifel Financial Corp. has a one year low of $73.51 and a one year high of $120.64. The stock has a market capitalization of $8.93 billion, a price-to-earnings ratio of 13.79 and a beta of 1.08. The company's fifty day simple moving average is $104.46 and its two-hundred day simple moving average is $105.34.

Stifel Financial (NYSE:SF - Get Free Report) last released its earnings results on Wednesday, January 29th. The financial services provider reported $2.23 earnings per share (EPS) 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%. As a group, equities analysts expect that Stifel Financial Corp. will post 8.26 earnings per share for the current fiscal year.

Stifel Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were paid a $0.46 dividend. This is an increase from Stifel Financial's previous quarterly dividend of $0.42. The ex-dividend date was Monday, March 3rd. This represents a $1.84 annualized dividend and a yield of 2.14%. Stifel Financial's dividend payout ratio is presently 29.49%.

Stifel Financial Company 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.