4,740 Shares in Stifel Financial Corp. (NYSE:SF) Bought by Versor Investments LP

Versor Investments LP purchased a new stake in shares of Stifel Financial Corp. (NYSE:SF - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 4,740 shares of the financial services provider's stock, valued at approximately $503,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. First Trust Direct Indexing L.P. lifted its position in shares of Stifel Financial by 8.5% in the 3rd quarter. First Trust Direct Indexing L.P. now owns 2,915 shares of the financial services provider's stock worth $274,000 after purchasing an additional 228 shares during the period. US Bancorp DE raised its stake in Stifel Financial by 2.7% in the third quarter. US Bancorp DE now owns 54,478 shares of the financial services provider's stock worth $5,116,000 after buying an additional 1,425 shares in the last quarter. Farther Finance Advisors LLC boosted its position in Stifel Financial by 148.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,201 shares of the financial services provider's stock valued at $113,000 after acquiring an additional 717 shares in the last quarter. Harbor Capital Advisors Inc. boosted its position in Stifel Financial by 99.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 52,648 shares of the financial services provider's stock valued at $4,944,000 after acquiring an additional 26,215 shares in the last quarter. Finally, Van ECK Associates Corp grew its holdings in shares of Stifel Financial by 40.0% during the 3rd quarter. Van ECK Associates Corp now owns 53,771 shares of the financial services provider's stock worth $5,443,000 after acquiring an additional 15,365 shares during the period. Hedge funds and other institutional investors own 82.01% of the company's stock.

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Stifel Financial Stock Up 1.7 %

Stifel Financial stock traded up $1.70 during trading hours on Wednesday, hitting $101.04. The stock had a trading volume of 922,698 shares, compared to its average volume of 581,300. The stock's 50-day moving average price is $109.52 and its 200-day moving average price is $103.84. Stifel Financial Corp. has a 12-month low of $72.78 and a 12-month high of $120.64. The company has a quick ratio of 0.78, a current ratio of 0.82 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $10.34 billion, a P/E ratio of 16.19 and a beta of 1.11.

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

Stifel Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be given a dividend of $0.46 per share. 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 annualized dividend and a dividend yield of 1.82%. Stifel Financial's dividend payout ratio (DPR) is 29.49%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on SF shares. Wells Fargo & Company raised their target price on Stifel Financial from $128.00 to $135.00 and gave the company an "overweight" rating in a research note on Thursday, January 30th. JPMorgan Chase & Co. started coverage on Stifel Financial in a research report on Tuesday, December 10th. They set a "neutral" rating and a $120.00 price objective for the company. StockNews.com raised shares of Stifel Financial from a "hold" rating to a "buy" rating in a research report on Tuesday, February 25th. JMP Securities lifted 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. Finally, UBS Group raised their target price 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. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $117.71.

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.