Stifel Financial Corp. (NYSE:SF) Stock Position Raised by Natixis Advisors LLC

Natixis Advisors LLC raised its stake in Stifel Financial Corp. (NYSE:SF - Free Report) by 14.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 69,982 shares of the financial services provider's stock after purchasing an additional 8,824 shares during the quarter. Natixis Advisors LLC owned about 0.07% of Stifel Financial worth $6,571,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in SF. Versant Capital Management Inc boosted its position in shares of Stifel Financial by 1,818.8% in the second quarter. Versant Capital Management Inc now owns 307 shares of the financial services provider's stock worth $26,000 after buying an additional 291 shares during the period. Mitsubishi UFJ Trust & Banking Corp acquired a new position in shares of Stifel Financial during the first quarter worth $33,000. Waldron Private Wealth LLC purchased a new position in shares of Stifel Financial in the third quarter valued at $34,000. GAMMA Investing LLC increased its stake in Stifel Financial by 27.7% during the 3rd quarter. GAMMA Investing LLC now owns 503 shares of the financial services provider's stock worth $47,000 after buying an additional 109 shares during the period. Finally, Bessemer Group Inc. increased its holdings in Stifel Financial by 388.3% during the 1st quarter. Bessemer Group Inc. now owns 796 shares of the financial services provider's stock worth $62,000 after purchasing an additional 633 shares during the last quarter. 82.01% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

SF has been the topic of several recent analyst reports. TD Cowen upped their price target on shares of Stifel Financial from $100.00 to $105.00 and gave the company a "hold" rating in a report on Thursday, October 24th. Wells Fargo & Company lifted their price target on Stifel Financial from $113.00 to $130.00 and gave the stock an "overweight" rating in a research note on Wednesday, November 13th. StockNews.com cut Stifel Financial from a "buy" rating to a "hold" rating in a research note on Thursday, October 3rd. The Goldman Sachs Group boosted their price target on Stifel Financial from $85.00 to $94.00 and gave the company a "neutral" rating in a report on Thursday, September 26th. Finally, 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 note on Wednesday, October 9th. Six analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, Stifel Financial currently has an average rating of "Hold" and an average target price of $103.17.

Insider Activity

In other news, COO David D. Sliney sold 25,000 shares of the firm's stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $116.18, for a total value of $2,904,500.00. Following the completion of the sale, the chief operating officer now owns 159,619 shares of the company's stock, valued at $18,544,535.42. This trade represents a 13.54 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders own 4.57% of the company's stock.

Stifel Financial Stock Performance

Shares of SF stock traded up $1.21 during trading hours on Friday, reaching $116.22. The stock had a trading volume of 488,504 shares, compared to its average volume of 625,055. 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 firm has a 50-day simple moving average of $102.16 and a 200-day simple moving average of $89.57. The firm has a market capitalization of $11.90 billion, a PE ratio of 21.02 and a beta of 1.08. Stifel Financial Corp. has a twelve month low of $60.17 and a twelve month high of $118.12.

Stifel Financial (NYSE:SF - Get Free Report) last released its 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). Stifel Financial had a net margin of 12.98% and a return on equity of 14.92%. The company had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same period in the previous year, the business posted $0.60 EPS. The firm's quarterly revenue was up 17.2% on a year-over-year basis. As a group, equities analysts forecast that Stifel Financial Corp. will post 6.44 earnings per share for the current year.

Stifel Financial Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 2nd will be issued a $0.42 dividend. The ex-dividend date is Monday, December 2nd. This represents a $1.68 annualized dividend and a dividend yield of 1.45%. Stifel Financial's dividend payout ratio is currently 30.38%.

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.