Barclays PLC Has $12.10 Million Stake in Stifel Financial Corp. (NYSE:SF)

Barclays PLC lifted its holdings in Stifel Financial Corp. (NYSE:SF - Free Report) by 6.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 114,044 shares of the financial services provider's stock after acquiring an additional 6,647 shares during the period. Barclays PLC owned 0.11% of Stifel Financial worth $12,096,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. TT International Asset Management LTD purchased a new stake in Stifel Financial in the fourth quarter valued at approximately $2,759,000. V Square Quantitative Management LLC purchased a new position in Stifel Financial in the 4th quarter worth approximately $26,000. Park Avenue Securities LLC boosted its position in shares of Stifel Financial by 31.1% during the 4th quarter. Park Avenue Securities LLC now owns 18,584 shares of the financial services provider's stock valued at $1,971,000 after acquiring an additional 4,413 shares during the last quarter. Janney Montgomery Scott LLC purchased a new stake in Stifel Financial in the fourth quarter valued at $849,000. Finally, Fisher Asset Management LLC boosted its position in shares of Stifel Financial by 5.2% during the 4th quarter. Fisher Asset Management LLC now owns 1,540,584 shares of the financial services provider's stock worth $163,425,000 after purchasing an additional 76,163 shares during the period. Institutional investors own 82.01% of the company's stock.

Stifel Financial Price Performance

Shares of SF stock traded down $0.04 during trading hours on Friday, hitting $85.70. The company had a trading volume of 608,074 shares, compared to its average volume of 679,017. Stifel Financial Corp. has a 12 month low of $73.27 and a 12 month high of $120.64. 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 firm's fifty day moving average is $93.71 and its 200 day moving average is $103.93. The firm has a market capitalization of $8.89 billion, a price-to-earnings ratio of 13.72 and a beta of 1.00.

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

Stifel Financial Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders 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. This represents a $1.84 annualized dividend and a yield of 2.15%. The ex-dividend date of this dividend was Monday, March 3rd. Stifel Financial's dividend payout ratio is 29.49%.

Wall Street Analysts Forecast Growth

SF has been the topic of several recent analyst reports. TD Cowen dropped their target price on Stifel Financial from $124.00 to $84.00 and set a "hold" rating on the stock in a report on Wednesday, April 9th. The Goldman Sachs Group dropped their price target on shares of Stifel Financial from $121.00 to $105.00 and set a "neutral" rating on the stock in a research note on Thursday, April 3rd. JPMorgan Chase & Co. cut their price target on shares of Stifel Financial from $123.00 to $100.00 and set a "neutral" rating for the company in a report on Friday, April 11th. StockNews.com upgraded Stifel Financial from a "hold" rating to a "buy" rating in a research report on Thursday, March 6th. Finally, Wolfe Research raised Stifel Financial from a "peer perform" rating to an "outperform" rating and set a $108.00 price target for the company in a research report on Thursday. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, Stifel Financial 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.