Stifel Financial Corp. (NYSE:SF) Given Average Recommendation of "Hold" by Analysts

Shares of Stifel Financial Corp. (NYSE:SF - Get Free Report) have received a consensus recommendation of "Hold" from the eight ratings firms that are presently covering the company, Marketbeat.com reports. Six analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $107.43.

SF has been the topic of a number of recent research reports. StockNews.com cut Stifel Financial from a "buy" rating to a "hold" rating in a research note on Thursday, October 3rd. JPMorgan Chase & Co. began coverage on Stifel Financial in a research report on Tuesday, December 10th. They set a "neutral" rating and a $120.00 price target on the stock. TD Cowen boosted their price objective on Stifel Financial from $100.00 to $105.00 and gave the company a "hold" rating in a research report on Thursday, October 24th. The Goldman Sachs Group raised their target price on shares of Stifel Financial from $85.00 to $94.00 and gave the stock a "neutral" rating in a report on Thursday, September 26th. Finally, Wells Fargo & Company upped their price target on shares of Stifel Financial from $113.00 to $130.00 and gave the company an "overweight" rating in a report on Wednesday, November 13th.

Stifel Financial Stock Performance

Shares of NYSE SF opened at $104.14 on Monday. The stock's 50-day moving average is $110.82 and its 200 day moving average is $96.70. The stock has a market cap of $10.66 billion, a price-to-earnings ratio of 18.83 and a beta of 1.11. Stifel Financial has a 1-year low of $68.09 and a 1-year high of $119.12. The company has a current ratio of 0.82, a quick ratio of 0.78 and a debt-to-equity ratio of 0.27.

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). Stifel Financial had a return on equity of 14.92% and a net margin of 12.98%. The business had revenue of $1.23 billion for the quarter, compared to analysts' expectations of $1.20 billion. During the same period last year, the business posted $0.60 earnings per share. The company's revenue was up 17.2% compared to the same quarter last year. On average, sell-side analysts anticipate that Stifel Financial will post 6.5 EPS for the current fiscal year.

Stifel Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date was Monday, December 2nd. Stifel Financial's payout ratio is 30.38%.

Insider Buying and Selling at Stifel Financial

In other Stifel Financial news, COO David D. Sliney sold 25,000 shares of Stifel Financial stock in a transaction that occurred on 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 sale, the chief operating officer now directly owns 159,619 shares of the company's stock, valued at approximately $18,544,535.42. The trade was a 13.54 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 4.57% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Waldron Private Wealth LLC purchased a new position in Stifel Financial during the third quarter valued at $34,000. GAMMA Investing LLC increased its holdings in shares of Stifel Financial by 27.7% during the third quarter. GAMMA Investing LLC now owns 503 shares of the financial services provider's stock valued at $47,000 after acquiring an additional 109 shares in the last quarter. Versant Capital Management Inc raised its position in shares of Stifel Financial by 46.5% in the 4th quarter. Versant Capital Management Inc now owns 457 shares of the financial services provider's stock worth $48,000 after purchasing an additional 145 shares during the last quarter. UMB Bank n.a. boosted its stake in Stifel Financial by 36.6% in the 3rd quarter. UMB Bank n.a. now owns 870 shares of the financial services provider's stock worth $82,000 after purchasing an additional 233 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its position in Stifel Financial by 148.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,201 shares of the financial services provider's stock valued at $113,000 after purchasing an additional 717 shares during the last quarter. 82.01% of the stock is currently owned by institutional investors.

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.