UBS Group Lowers Stifel Financial (NYSE:SF) Price Target to $89.00

Stifel Financial (NYSE:SF) had its price objective decreased by stock analysts at UBS Group from $100.00 to $89.00 in a report issued on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the financial services provider’s stock. UBS Group’s price target points to a potential upside of 15.32% from the stock’s previous close.

SF has been the subject of a number of other research reports. Citigroup reiterated an “outperform” rating on shares of Stifel Financial in a research report on Monday, January 12th. Weiss Ratings upgraded Stifel Financial from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 2nd. Stifel Nicolaus set a $92.00 price objective on Stifel Financial in a research report on Wednesday, January 14th. Wolfe Research reiterated an “outperform” rating and set a $99.33 price objective on shares of Stifel Financial in a research report on Wednesday, January 7th. Finally, Citizens Jmp increased their price objective on Stifel Financial from $93.33 to $103.33 and gave the company a “market outperform” rating in a research report on Monday, January 12th. Six analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $91.15.

Stifel Financial Price Performance

Shares of NYSE:SF opened at $77.18 on Wednesday. Stifel Financial has a one year low of $51.49 and a one year high of $89.83. The stock has a fifty day moving average of $76.16 and a 200-day moving average of $79.35. The company has a market capitalization of $11.95 billion, a PE ratio of 19.69 and a beta of 1.10. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.80 and a current ratio of 0.84.

Stifel Financial (NYSE:SF) last announced its quarterly earnings data on Wednesday, January 28th. The financial services provider reported $2.63 EPS for the quarter, beating analysts’ consensus estimates of $2.48 by $0.15. Stifel Financial had a return on equity of 15.53% and a net margin of 12.37%.The company had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the prior year, the firm earned $1.49 EPS. The company’s quarterly revenue was up 14.4% compared to the same quarter last year. As a group, equities analysts anticipate that Stifel Financial will post 8.26 EPS for the current fiscal year.

Insider Activity

In other news, insider David Rubulotta sold 600 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $82.87, for a total value of $49,724.00. Following the completion of the sale, the insider owned 1,488 shares in the company, valued at $123,315.52. This represents a 28.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 3.28% of the stock is owned by insiders.

Institutional Trading of Stifel Financial

A number of hedge funds have recently modified their holdings of the business. Rockefeller Capital Management L.P. lifted its holdings in shares of Stifel Financial by 22.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 9,996 shares of the financial services provider’s stock valued at $1,252,000 after purchasing an additional 1,836 shares in the last quarter. Bank of New Hampshire increased its stake in shares of Stifel Financial by 1.6% in the fourth quarter. Bank of New Hampshire now owns 10,010 shares of the financial services provider’s stock worth $1,253,000 after acquiring an additional 157 shares during the last quarter. Corient Private Wealth LLC increased its stake in shares of Stifel Financial by 35.4% in the fourth quarter. Corient Private Wealth LLC now owns 15,116 shares of the financial services provider’s stock worth $1,893,000 after acquiring an additional 3,953 shares during the last quarter. Rehmann Capital Advisory Group increased its stake in shares of Stifel Financial by 2.9% in the fourth quarter. Rehmann Capital Advisory Group now owns 5,202 shares of the financial services provider’s stock worth $653,000 after acquiring an additional 148 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd acquired a new position in shares of Stifel Financial in the fourth quarter worth $34,000. Hedge funds and other institutional investors own 82.01% of the company’s stock.

Stifel Financial Company Profile

Stifel Financial Corp. is a diversified financial services holding company headquartered in St. Louis, Missouri. Founded in 1890, the firm has grown into a full‐service brokerage and investment banking organization serving individual investors, corporations and institutions. Through its principal subsidiary, Stifel, Nicolaus & Company, Incorporated, the company delivers a broad array of financial products and services backed by research‐driven insights.

The firm’s main business activities are organized into two core segments: Private Client Group and Institutional Group.