4,757 Shares in Stifel Financial Corp. (NYSE:SF) Purchased by Radnor Capital Management LLC

Radnor Capital Management LLC bought a new position in shares of Stifel Financial Corp. (NYSE:SF - Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,757 shares of the financial services provider's stock, valued at approximately $447,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of Stifel Financial by 3.9% in the 1st quarter. Vanguard Group Inc. now owns 10,461,734 shares of the financial services provider's stock valued at $817,794,000 after acquiring an additional 391,384 shares during the last quarter. Earnest Partners LLC raised its holdings in Stifel Financial by 0.8% during the second quarter. Earnest Partners LLC now owns 2,954,099 shares of the financial services provider's stock worth $248,587,000 after purchasing an additional 22,040 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Stifel Financial by 0.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,007,738 shares of the financial services provider's stock worth $168,932,000 after buying an additional 7,113 shares during the last quarter. LSV Asset Management boosted its holdings in shares of Stifel Financial by 3.2% in the 1st quarter. LSV Asset Management now owns 1,799,270 shares of the financial services provider's stock valued at $140,649,000 after buying an additional 56,570 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position in shares of Stifel Financial by 0.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,189,048 shares of the financial services provider's stock valued at $100,058,000 after buying an additional 7,348 shares during the last quarter. Institutional investors and hedge funds own 82.01% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on SF. JMP Securities upped their price objective on shares of Stifel Financial from $105.00 to $110.00 and gave the company a "market outperform" rating in a research note on Wednesday, October 9th. The Goldman Sachs Group raised their price target on Stifel Financial from $85.00 to $94.00 and gave the stock a "neutral" rating in a research note on Thursday, September 26th. Wolfe Research downgraded Stifel Financial from an "outperform" rating to a "peer perform" rating in a report on Monday, July 22nd. Wells Fargo & Company lifted their target price on shares of Stifel Financial from $108.00 to $113.00 and gave the company an "overweight" rating in a report on Thursday, October 24th. Finally, Citigroup raised their price objective on shares of Stifel Financial from $90.00 to $102.00 and gave the stock a "neutral" rating in a research report on Friday, September 27th. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, Stifel Financial presently has a consensus rating of "Hold" and an average target price of $100.33.

Stifel Financial Stock Performance

NYSE:SF traded up $1.24 during mid-day trading on Friday, reaching $115.29. The stock had a trading volume of 447,253 shares, compared to its average volume of 571,423. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.80 and a current ratio of 0.84. The business has a 50 day simple moving average of $95.56 and a 200 day simple moving average of $86.87. Stifel Financial Corp. has a twelve month low of $59.25 and a twelve month high of $117.76. The firm has a market capitalization of $11.82 billion, a price-to-earnings ratio of 20.85 and a beta of 1.08.

Stifel Financial (NYSE:SF - Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The financial services provider reported $1.50 earnings per share for the quarter, missing analysts' consensus estimates of $1.60 by ($0.10). Stifel Financial had a return on equity of 15.11% and a net margin of 12.98%. The business had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same period in the prior year, the company earned $0.60 EPS. The company's revenue was up 17.2% on a year-over-year basis. On average, analysts expect that Stifel Financial Corp. will post 6.44 earnings per share for the current fiscal year.

Stifel Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 2nd will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 1.46%. The ex-dividend date is Monday, December 2nd. Stifel Financial's dividend payout ratio is currently 30.38%.

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.