Stifel Financial Corp. (NYSE:SF) Given Consensus Recommendation of "Hold" by Brokerages

Stifel Financial Corp. (NYSE:SF - Get Free Report) has received a consensus rating of "Hold" from the eight analysts that are currently covering the firm, MarketBeat Ratings reports. Six analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $117.71.

A number of equities research analysts have weighed in on SF shares. UBS Group lifted their target price on Stifel Financial from $116.00 to $120.00 and gave the company a "neutral" rating in a research report on Monday, February 3rd. Citigroup upped their price objective on shares of Stifel Financial from $110.00 to $115.00 and gave the stock a "neutral" rating in a research note on Friday, January 10th. StockNews.com raised shares of Stifel Financial from a "hold" rating to a "buy" rating in a research report on Thursday. JPMorgan Chase & Co. initiated coverage on shares of Stifel Financial in a research note on Tuesday, December 10th. They issued a "neutral" rating and a $120.00 price objective for the company. Finally, JMP Securities increased their target price on Stifel Financial from $125.00 to $135.00 and gave the company a "market outperform" rating in a research report on Thursday, January 30th.

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Stifel Financial Trading Down 2.0 %

SF stock traded down $1.98 during trading on Tuesday, hitting $96.45. The company had a trading volume of 979,971 shares, compared to its average volume of 585,260. Stifel Financial has a 52-week low of $72.78 and a 52-week high of $120.64. The company has a 50 day simple moving average of $109.21 and a 200-day simple moving average of $103.78. The firm has a market capitalization of $9.87 billion, a P/E ratio of 15.46 and a beta of 1.11. The company has a quick ratio of 0.78, a current ratio of 0.82 and a debt-to-equity ratio of 0.27.

Stifel Financial (NYSE:SF - Get Free Report) last issued its earnings results on Wednesday, January 29th. The financial services provider reported $2.23 EPS for the quarter, topping analysts' consensus estimates of $1.96 by $0.27. Stifel Financial had a net margin of 14.00% and a return on equity of 16.59%. As a group, research analysts forecast that Stifel Financial will post 8.26 earnings per share for the current fiscal year.

Stifel Financial Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be paid a $0.46 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This is a boost from Stifel Financial's previous quarterly dividend of $0.42. This represents a $1.84 dividend on an annualized basis and a yield of 1.91%. Stifel Financial's dividend payout ratio (DPR) is 29.49%.

Hedge Funds Weigh In On Stifel Financial

Several hedge funds and other institutional investors have recently modified their holdings of the stock. V Square Quantitative Management LLC acquired a new position in Stifel Financial during the 4th quarter valued at approximately $26,000. Bessemer Group Inc. increased its position in shares of Stifel Financial by 52.1% in the 4th quarter. Bessemer Group Inc. now owns 321 shares of the financial services provider's stock valued at $34,000 after acquiring an additional 110 shares during the period. Versant Capital Management Inc raised its stake in 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 acquiring an additional 145 shares during the last quarter. Quarry LP acquired a new stake in Stifel Financial during the 4th quarter worth about $49,000. Finally, Smartleaf Asset Management LLC lifted its position in Stifel Financial by 26.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 528 shares of the financial services provider's stock worth $56,000 after acquiring an additional 111 shares during the period. 82.01% of the stock is owned by hedge funds and other 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.