Yousif Capital Management LLC Has $3.28 Million Stock Holdings in Stifel Financial Corp. (NYSE:SF)

Yousif Capital Management LLC trimmed its position in Stifel Financial Corp. (NYSE:SF) by 2.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 47,442 shares of the financial services provider’s stock after selling 999 shares during the period. Yousif Capital Management LLC’s holdings in Stifel Financial were worth $3,281,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SF. FinTrust Capital Advisors LLC acquired a new position in Stifel Financial during the 3rd quarter valued at about $30,000. First Horizon Advisors Inc. raised its stake in shares of Stifel Financial by 97.5% during the third quarter. First Horizon Advisors Inc. now owns 640 shares of the financial services provider’s stock worth $39,000 after buying an additional 316 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its holdings in Stifel Financial by 39.3% in the third quarter. Nomura Asset Management Co. Ltd. now owns 730 shares of the financial services provider’s stock valued at $45,000 after buying an additional 206 shares during the period. Bruce G. Allen Investments LLC bought a new position in Stifel Financial in the fourth quarter valued at approximately $53,000. Finally, Signaturefd LLC grew its holdings in Stifel Financial by 29.4% during the 4th quarter. Signaturefd LLC now owns 1,030 shares of the financial services provider’s stock worth $71,000 after acquiring an additional 234 shares during the period. 82.01% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Stifel Financial news, SVP Thomas B. Michaud sold 25,421 shares of the stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $74.26, for a total transaction of $1,887,763.46. Following the completion of the transaction, the senior vice president now owns 90,055 shares in the company, valued at approximately $6,687,484.30. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In related news, insider Victor Nesi sold 36,000 shares of the stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $75.37, for a total transaction of $2,713,320.00. Following the completion of the transaction, the insider now owns 54,732 shares in the company, valued at $4,125,150.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Thomas B. Michaud sold 25,421 shares of the firm’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $74.26, for a total transaction of $1,887,763.46. Following the completion of the transaction, the senior vice president now directly owns 90,055 shares of the company’s stock, valued at approximately $6,687,484.30. The disclosure for this sale can be found here. 3.52% of the stock is currently owned by company insiders.

Stifel Financial Stock Up 0.7 %

NYSE:SF opened at $79.05 on Monday. Stifel Financial Corp. has a 1 year low of $54.81 and a 1 year high of $79.40. The stock has a 50-day moving average price of $75.98 and a two-hundred day moving average price of $69.43. The stock has a market cap of $8.13 billion, a price-to-earnings ratio of 17.97 and a beta of 1.18. The company has a current ratio of 0.82, a quick ratio of 0.79 and a debt-to-equity ratio of 0.35.

Stifel Financial (NYSE:SF) last released its quarterly earnings data on Wednesday, April 24th. The financial services provider reported $1.49 earnings per share for the quarter, missing the consensus estimate of $1.62 by ($0.13). Stifel Financial had a net margin of 11.34% and a return on equity of 12.39%. The business had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter last year, the firm earned $1.40 EPS. The company’s revenue for the quarter was up 5.1% on a year-over-year basis. As a group, equities analysts expect that Stifel Financial Corp. will post 7.04 earnings per share for the current year.

Stifel Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were given a dividend of $0.42 per share. This is an increase from Stifel Financial’s previous quarterly dividend of $0.36. The ex-dividend date was Thursday, February 29th. This represents a $1.68 annualized dividend and a dividend yield of 2.13%. Stifel Financial’s dividend payout ratio is currently 38.18%.

Analyst Ratings Changes

A number of research firms have recently weighed in on SF. StockNews.com raised Stifel Financial from a “buy” rating to a “strong-buy” rating in a research note on Friday. UBS Group increased their target price on Stifel Financial from $74.00 to $78.00 and gave the company a “neutral” rating in a research note on Monday, January 29th. JMP Securities restated a “market outperform” rating and set a $88.00 target price on shares of Stifel Financial in a research report on Tuesday, April 9th. Citigroup upped their price target on Stifel Financial from $74.00 to $80.00 and gave the company a “neutral” rating in a research note on Thursday, April 11th. Finally, TD Cowen lifted their price objective on shares of Stifel Financial from $86.50 to $92.00 and gave the stock an “outperform” rating in a research note on Friday, March 22nd. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $84.50.

About Stifel Financial

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.