Trillium Asset Management LLC Has $7.74 Million Position in Stifel Financial Corp. (NYSE:SF)

Trillium Asset Management LLC decreased its position in Stifel Financial Corp. (NYSE:SF - Free Report) by 4.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 72,918 shares of the financial services provider's stock after selling 3,347 shares during the quarter. Trillium Asset Management LLC owned about 0.07% of Stifel Financial worth $7,736,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. GSA Capital Partners LLP acquired a new position in Stifel Financial in the third quarter worth approximately $235,000. KBC Group NV boosted its stake in shares of Stifel Financial by 11.5% during the 3rd quarter. KBC Group NV now owns 2,855 shares of the financial services provider's stock worth $268,000 after acquiring an additional 295 shares in the last quarter. OneDigital Investment Advisors LLC boosted its stake in shares of Stifel Financial by 3.5% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 4,954 shares of the financial services provider's stock worth $465,000 after acquiring an additional 166 shares in the last quarter. CIBC Asset Management Inc grew its holdings in shares of Stifel Financial by 3.5% in the 3rd quarter. CIBC Asset Management Inc now owns 3,019 shares of the financial services provider's stock worth $283,000 after acquiring an additional 102 shares during the last quarter. Finally, Natixis Advisors LLC raised its position in shares of Stifel Financial by 14.4% during the third quarter. Natixis Advisors LLC now owns 69,982 shares of the financial services provider's stock worth $6,571,000 after purchasing an additional 8,824 shares during the period. Institutional investors own 82.01% of the company's stock.

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Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on SF shares. UBS Group lifted their price target on Stifel Financial from $116.00 to $120.00 and gave the stock a "neutral" rating in a research note on Monday, February 3rd. 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 research report on Thursday, January 30th. 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 research report on Thursday, January 30th. Citigroup lifted their price objective on shares of Stifel Financial from $110.00 to $115.00 and gave the stock a "neutral" rating in a research report on Friday, January 10th. Finally, StockNews.com upgraded Stifel Financial from a "hold" rating to a "buy" rating in a report on Thursday, March 6th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $117.71.

Stifel Financial Stock Up 4.0 %

Shares of NYSE SF traded up $3.96 during mid-day trading on Monday, reaching $102.23. The company had a trading volume of 597,247 shares, compared to its average volume of 598,252. 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 twelve month low of $73.51 and a twelve month high of $120.64. The stock's 50 day moving average is $106.74 and its 200-day moving average is $104.75. The stock has a market capitalization of $10.61 billion, a PE ratio of 16.38 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 net margin of 14.00% and a return on equity of 16.59%. As a group, equities analysts anticipate that Stifel Financial Corp. will post 8.26 earnings per share for the current fiscal year.

Stifel Financial Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 1.80%. This is an increase from Stifel Financial's previous quarterly dividend of $0.42. The ex-dividend date was Monday, March 3rd. Stifel Financial's dividend payout ratio is presently 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.