Zions Bancorporation N.A. Has $3.45 Million Stock Holdings in Stifel Financial Corp. (NYSE:SF)

Zions Bancorporation N.A. boosted its holdings in Stifel Financial Corp. (NYSE:SF - Free Report) by 20.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 32,537 shares of the financial services provider's stock after acquiring an additional 5,503 shares during the quarter. Zions Bancorporation N.A.'s holdings in Stifel Financial were worth $3,452,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SF. Mather Group LLC. lifted its stake in shares of Stifel Financial by 14.6% in the fourth quarter. Mather Group LLC. now owns 707 shares of the financial services provider's stock valued at $75,000 after purchasing an additional 90 shares during the period. Smartleaf Asset Management LLC boosted its stake in shares of 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 in the last quarter. Versant Capital Management Inc raised its stake in shares of Stifel Financial by 46.5% during the 4th quarter. Versant Capital Management Inc now owns 457 shares of the financial services provider's stock worth $48,000 after buying an additional 145 shares during the last quarter. Principal Securities Inc. grew its stake in Stifel Financial by 10.1% in the 4th quarter. Principal Securities Inc. now owns 1,642 shares of the financial services provider's stock worth $174,000 after acquiring an additional 150 shares during the period. Finally, Rehmann Capital Advisory Group boosted its holdings in shares of Stifel Financial by 4.9% during the third quarter. Rehmann Capital Advisory Group now owns 3,234 shares of the financial services provider's stock worth $306,000 after purchasing an additional 151 shares during the last quarter. Institutional investors and hedge funds own 82.01% of the company's stock.

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Analyst Ratings Changes

SF has been the subject of a number of research analyst reports. UBS Group upped their price objective on shares of Stifel Financial from $116.00 to $120.00 and gave the company a "neutral" rating in a research note on Monday, February 3rd. Citigroup raised their price target on shares of Stifel Financial from $110.00 to $115.00 and gave the company a "neutral" rating in a report on Friday, January 10th. StockNews.com upgraded Stifel Financial from a "hold" rating to a "buy" rating in a research note on Thursday, March 6th. Wells Fargo & Company upped their price objective on shares of Stifel Financial from $128.00 to $135.00 and gave the company an "overweight" rating in a research report on Thursday, January 30th. 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 note on Thursday, January 30th. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, Stifel Financial has a consensus rating of "Hold" and an average price target of $117.71.

Stifel Financial Stock Performance

Shares of Stifel Financial stock traded down $3.39 during trading hours on Friday, reaching $93.68. The company's stock had a trading volume of 380,018 shares, compared to its average volume of 622,479. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.78 and a current ratio of 0.82. Stifel Financial Corp. has a one year low of $73.51 and a one year high of $120.64. The company's 50 day simple moving average is $106.06 and its 200 day simple moving average is $104.90. The stock has a market cap of $9.72 billion, a P/E ratio of 15.00 and a beta of 1.08.

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

Stifel Financial Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were paid a $0.46 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $1.84 dividend on an annualized basis and a yield of 1.96%. This is a boost from Stifel Financial's previous quarterly dividend of $0.42. Stifel Financial's dividend payout ratio (DPR) is currently 29.49%.

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.