Stifel Financial Corp. (NYSE:SF) Shares Acquired by Barclays PLC

Barclays PLC lifted its holdings in Stifel Financial Corp. (NYSE:SF - Free Report) by 62.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 107,397 shares of the financial services provider's stock after buying an additional 41,171 shares during the quarter. Barclays PLC owned approximately 0.10% of Stifel Financial worth $10,086,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Curi RMB Capital LLC boosted its position in Stifel Financial by 15.7% in the 3rd quarter. Curi RMB Capital LLC now owns 69,301 shares of the financial services provider's stock valued at $6,507,000 after buying an additional 9,396 shares during the period. Thrivent Financial for Lutherans boosted its holdings in shares of Stifel Financial by 19.7% in the second quarter. Thrivent Financial for Lutherans now owns 51,603 shares of the financial services provider's stock valued at $4,342,000 after purchasing an additional 8,496 shares during the period. Larson Financial Group LLC increased its holdings in Stifel Financial by 4,308.9% during the 3rd quarter. Larson Financial Group LLC now owns 5,423 shares of the financial services provider's stock worth $509,000 after purchasing an additional 5,300 shares during the period. FMR LLC raised its position in Stifel Financial by 18.8% during the 3rd quarter. FMR LLC now owns 7,956,412 shares of the financial services provider's stock valued at $747,107,000 after purchasing an additional 1,256,595 shares in the last quarter. Finally, State Street Corp lifted its holdings in shares of Stifel Financial by 1.0% in the 3rd quarter. State Street Corp now owns 3,122,342 shares of the financial services provider's stock worth $293,188,000 after buying an additional 31,101 shares during the period. 82.01% of the stock is owned by institutional investors.

Analyst Ratings Changes

SF has been the subject of several recent analyst reports. The Goldman Sachs Group boosted their price objective on shares of Stifel Financial from $85.00 to $94.00 and gave the stock a "neutral" rating in a research note on Thursday, September 26th. Citigroup upped their price target on Stifel Financial from $90.00 to $102.00 and gave the stock a "neutral" rating in a research report on Friday, September 27th. JMP Securities raised their price objective on Stifel Financial from $105.00 to $110.00 and gave the stock a "market outperform" rating in a research report on Wednesday, October 9th. Wells Fargo & Company upped their target price on Stifel Financial from $113.00 to $130.00 and gave the company an "overweight" rating in a research report on Wednesday, November 13th. Finally, TD Cowen increased their price target on Stifel Financial from $100.00 to $105.00 and gave the company a "hold" rating in a research note on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, Stifel Financial has a consensus rating of "Hold" and a consensus price target of $105.57.

Stifel Financial Price Performance

NYSE SF traded down $2.28 during mid-day trading on Tuesday, hitting $107.18. The stock had a trading volume of 559,963 shares, compared to its average volume of 567,335. The firm's 50 day moving average is $108.80 and its 200 day moving average is $93.24. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.82 and a quick ratio of 0.78. The stock has a market capitalization of $10.97 billion, a price-to-earnings ratio of 19.38 and a beta of 1.08. Stifel Financial Corp. has a twelve month low of $66.39 and a twelve month high of $119.12.

Stifel Financial (NYSE:SF - Get Free Report) last posted its quarterly earnings results on Wednesday, October 23rd. The financial services provider reported $1.50 EPS for the quarter, missing the consensus estimate of $1.60 by ($0.10). The company had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.20 billion. Stifel Financial had a net margin of 12.98% and a return on equity of 14.92%. Stifel Financial's revenue for the quarter was up 17.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.60 EPS. Equities research analysts forecast that Stifel Financial Corp. will post 6.5 earnings per share for the current fiscal year.

Stifel Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 2nd were issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date was Monday, December 2nd. Stifel Financial's dividend payout ratio is presently 30.38%.

Insider Buying and Selling at Stifel Financial

In related news, COO David D. Sliney sold 25,000 shares of the stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $116.18, for a total transaction of $2,904,500.00. Following the transaction, the chief operating officer now owns 159,619 shares of the company's stock, valued at approximately $18,544,535.42. This represents a 13.54 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 4.57% of the company's stock.

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.