Stifel Financial Corp. (NYSE:SF) Director David A. Peacock Sells 13,000 Shares

Stifel Financial Corp. (NYSE:SF) Director David A. Peacock sold 13,000 shares of the business’s stock in a transaction dated Thursday, May 2nd. The shares were sold at an average price of $79.90, for a total value of $1,038,700.00. Following the sale, the director now directly owns 18,646 shares of the company’s stock, valued at approximately $1,489,815.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Stifel Financial Stock Performance

Shares of NYSE SF opened at $81.77 on Friday. The firm’s fifty day moving average is $76.43 and its two-hundred day moving average is $70.17. Stifel Financial Corp. has a 52-week low of $54.81 and a 52-week high of $82.14. The company has a market cap of $8.41 billion, a P/E ratio of 18.58 and a beta of 1.14. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.79 and a current ratio of 0.82.

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

Stifel Financial Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 2.05%. This is an increase from Stifel Financial’s previous quarterly dividend of $0.36. The ex-dividend date was Thursday, February 29th. Stifel Financial’s dividend payout ratio is presently 38.18%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on SF shares. TD Cowen increased their target price on shares of Stifel Financial from $86.50 to $92.00 and gave the stock an “outperform” rating in a report on Friday, March 22nd. Citigroup lifted their target price on shares of Stifel Financial from $74.00 to $80.00 and gave the company a “neutral” rating in a research note on Thursday, April 11th. StockNews.com upgraded Stifel Financial from a “buy” rating to a “strong-buy” rating in a research note on Friday, April 26th. JMP Securities restated a “market outperform” rating and issued a $88.00 price objective on shares of Stifel Financial in a research report on Tuesday, April 9th. Finally, UBS Group increased their target price on Stifel Financial from $74.00 to $78.00 and gave the stock a “neutral” rating in a research report on Monday, January 29th. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $84.50.

Institutional Investors Weigh In On Stifel Financial

Several hedge funds and other institutional investors have recently modified their holdings of SF. Steward Partners Investment Advisory LLC raised its holdings in shares of Stifel Financial by 0.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 22,537 shares of the financial services provider’s stock valued at $1,558,000 after acquiring an additional 141 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of Stifel Financial by 9.9% in the 4th quarter. Blue Trust Inc. now owns 2,125 shares of the financial services provider’s stock valued at $147,000 after purchasing an additional 192 shares in the last quarter. Boston Partners lifted its position in shares of Stifel Financial by 0.5% in the 4th quarter. Boston Partners now owns 37,765 shares of the financial services provider’s stock worth $2,611,000 after purchasing an additional 199 shares during the period. Nomura Asset Management Co. Ltd. boosted its stake in shares of Stifel Financial by 39.3% during the third quarter. Nomura Asset Management Co. Ltd. now owns 730 shares of the financial services provider’s stock valued at $45,000 after purchasing an additional 206 shares in the last quarter. Finally, Signaturefd LLC increased its holdings in Stifel Financial by 29.4% during the fourth quarter. Signaturefd LLC now owns 1,030 shares of the financial services provider’s stock valued at $71,000 after buying an additional 234 shares during the period. 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.