Stifel Financial (NYSE:SF) Given New $120.00 Price Target at UBS Group

Stifel Financial (NYSE:SF - Get Free Report) had its price target raised by research analysts at UBS Group from $116.00 to $120.00 in a research note issued on Monday,Benzinga reports. The firm presently has a "neutral" rating on the financial services provider's stock. UBS Group's price target would suggest a potential upside of 6.31% from the stock's current price.

Other research analysts have also recently issued reports about the stock. Wells Fargo & Company lifted their target price on shares of Stifel Financial from $128.00 to $135.00 and gave the stock an "overweight" rating in a report on Thursday. TD Cowen boosted their price target on shares of Stifel Financial from $100.00 to $105.00 and gave the stock a "hold" rating in a research note on Thursday, October 24th. JMP Securities upped their price target on shares of Stifel Financial from $125.00 to $135.00 and gave the company a "market outperform" rating in a report on Thursday. JPMorgan Chase & Co. started 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, Citigroup raised their price target on Stifel Financial from $110.00 to $115.00 and gave the stock a "neutral" rating in a report on Friday, January 10th. Seven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $117.71.

Stifel Financial Stock Performance

Stifel Financial stock traded down $2.97 during mid-day trading on Monday, reaching $112.88. 735,379 shares of the company's stock were exchanged, compared to its average volume of 746,780. Stifel Financial has a one year low of $72.78 and a one year high of $120.64. The firm has a market capitalization of $11.55 billion, a PE ratio of 18.09 and a beta of 1.11. The business's fifty day simple moving average is $110.74 and its 200 day simple moving average is $100.21. 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 announced its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $2.23 EPS for the quarter, beating the consensus estimate of $1.96 by $0.27. Stifel Financial had a return on equity of 16.59% and a net margin of 14.00%. On average, sell-side analysts expect that Stifel Financial will post 7.91 earnings per share for the current year.

Insider Transactions 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 value of $2,904,500.00. Following the sale, the chief operating officer now 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 4.57% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Winebrenner Capital Management LLC acquired a new stake in Stifel Financial in the fourth quarter valued at approximately $216,000. Handelsbanken Fonder AB increased its stake in Stifel Financial by 8.2% during the 4th quarter. Handelsbanken Fonder AB now owns 25,032 shares of the financial services provider's stock worth $2,655,000 after buying an additional 1,900 shares during the period. Venturi Wealth Management LLC lifted its holdings in Stifel Financial by 650.4% in the 4th quarter. Venturi Wealth Management LLC now owns 5,403 shares of the financial services provider's stock worth $573,000 after buying an additional 4,683 shares in the last quarter. CIBC Asset Management Inc boosted its position in Stifel Financial by 5.4% in the 4th quarter. CIBC Asset Management Inc now owns 3,183 shares of the financial services provider's stock valued at $338,000 after buying an additional 164 shares during the last quarter. Finally, Sanctuary Advisors LLC increased its position in shares of Stifel Financial by 0.9% during the fourth quarter. Sanctuary Advisors LLC now owns 49,578 shares of the financial services provider's stock worth $5,830,000 after acquiring an additional 465 shares during the last quarter. 82.01% of the stock is currently 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.