Vanguard Group Inc. Has $1.10 Billion Position in Stifel Financial Corp. (NYSE:SF)

Vanguard Group Inc. lifted its position in Stifel Financial Corp. (NYSE:SF - Free Report) by 0.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,402,992 shares of the financial services provider's stock after buying an additional 21,213 shares during the quarter. Vanguard Group Inc. owned about 10.16% of Stifel Financial worth $1,103,549,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Mather Group LLC. raised its stake in 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 buying an additional 90 shares during the period. Smartleaf Asset Management LLC increased its holdings 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 during the last quarter. Versant Capital Management Inc lifted its holdings in Stifel Financial by 46.5% during the 4th quarter. Versant Capital Management Inc now owns 457 shares of the financial services provider's stock valued at $48,000 after purchasing an additional 145 shares during the last quarter. Principal Securities Inc. lifted its holdings in Stifel Financial by 10.1% during the 4th quarter. Principal Securities Inc. now owns 1,642 shares of the financial services provider's stock valued at $174,000 after purchasing an additional 150 shares during the last quarter. Finally, Rehmann Capital Advisory Group boosted its position in 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 period. 82.01% of the stock is currently owned by institutional investors and hedge funds.

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Stifel Financial Price Performance

Shares of SF stock traded up $1.11 during trading on Wednesday, hitting $95.91. The company had a trading volume of 103,408 shares, compared to its average volume of 624,092. The firm has a market capitalization of $9.95 billion, a P/E ratio of 15.35 and a beta of 1.08. Stifel Financial Corp. has a one year low of $73.51 and a one year high of $120.64. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.78 and a current ratio of 0.82. The stock's 50-day moving average price is $104.83 and its 200 day moving average price is $105.41.

Stifel Financial (NYSE:SF - Get Free Report) last released its earnings results on Wednesday, January 29th. The financial services provider reported $2.23 earnings per share 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%. Equities analysts expect that Stifel Financial Corp. will post 8.26 EPS for the current fiscal year.

Stifel Financial Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were issued a $0.46 dividend. This is a positive change from Stifel Financial's previous quarterly dividend of $0.42. This represents a $1.84 annualized dividend and a yield of 1.92%. The ex-dividend date of this dividend was Monday, March 3rd. Stifel Financial's dividend payout ratio (DPR) is currently 29.49%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Citigroup increased their price objective on shares of Stifel Financial from $110.00 to $115.00 and gave the company a "neutral" rating in a research report on Friday, January 10th. JPMorgan Chase & Co. initiated coverage on shares of Stifel Financial in a report on Tuesday, December 10th. They issued a "neutral" rating and a $120.00 price target on the stock. StockNews.com upgraded Stifel Financial from a "hold" rating to a "buy" rating in a report on Thursday, March 6th. JMP Securities increased their target price on Stifel Financial from $125.00 to $135.00 and gave the stock a "market outperform" rating in a research note on Thursday, January 30th. Finally, UBS Group lifted their price target on Stifel Financial from $116.00 to $120.00 and gave the stock a "neutral" rating in a report on Monday, February 3rd. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $117.71.

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.