Brandywine Oak Private Wealth LLC Buys 19,053 Shares of Stifel Financial Corporation $SF

Brandywine Oak Private Wealth LLC grew its position in shares of Stifel Financial Corporation (NYSE:SF) by 40.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 66,682 shares of the financial services provider’s stock after purchasing an additional 19,053 shares during the period. Brandywine Oak Private Wealth LLC’s holdings in Stifel Financial were worth $4,929,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Horizon Investments LLC increased its holdings in shares of Stifel Financial by 146.7% in the 4th quarter. Horizon Investments LLC now owns 63,089 shares of the financial services provider’s stock worth $7,900,000 after buying an additional 37,516 shares during the last quarter. Strs Ohio raised its position in shares of Stifel Financial by 25.8% during the 4th quarter. Strs Ohio now owns 72,168 shares of the financial services provider’s stock valued at $9,037,000 after buying an additional 14,779 shares in the last quarter. New Age Alpha Advisors LLC lifted its holdings in shares of Stifel Financial by 38.2% in the 4th quarter. New Age Alpha Advisors LLC now owns 55,946 shares of the financial services provider’s stock valued at $7,006,000 after acquiring an additional 15,470 shares during the last quarter. Fiera Capital Corp lifted its holdings in shares of Stifel Financial by 33.1% in the 4th quarter. Fiera Capital Corp now owns 804,609 shares of the financial services provider’s stock valued at $100,753,000 after acquiring an additional 199,983 shares during the last quarter. Finally, Polianta Ltd purchased a new position in Stifel Financial in the first quarter worth about $1,522,000. 82.01% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

SF has been the topic of several analyst reports. TD Cowen reduced their price objective on Stifel Financial from $136.00 to $92.00 and set a “hold” rating on the stock in a research note on Monday, March 23rd. Zacks Research raised Stifel Financial from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th. UBS Group lowered their price objective on Stifel Financial from $100.00 to $89.00 and set a “buy” rating for the company in a research note on Wednesday, April 8th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Stifel Financial in a report on Friday, May 29th. Six research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $91.15.

Stifel Financial Trading Down 0.1%

Shares of SF opened at $73.74 on Wednesday. Stifel Financial Corporation has a twelve month low of $66.75 and a twelve month high of $89.83. The company has a market cap of $11.31 billion, a P/E ratio of 14.35 and a beta of 1.00. The company has a current ratio of 0.85, a quick ratio of 0.80 and a debt-to-equity ratio of 0.29. The company’s fifty day simple moving average is $74.77 and its 200-day simple moving average is $78.39.

Stifel Financial (NYSE:SF) last released its quarterly earnings results on Wednesday, April 22nd. The financial services provider reported $1.45 EPS for the quarter, topping analysts’ consensus estimates of $1.39 by $0.06. The firm had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.51 billion. Stifel Financial had a net margin of 15.34% and a return on equity of 18.76%. The firm’s revenue for the quarter was up 17.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.49 EPS. As a group, analysts expect that Stifel Financial Corporation will post 6.25 EPS for the current year.

Stifel Financial Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were paid a $0.34 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $1.36 annualized dividend and a yield of 1.8%. Stifel Financial’s dividend payout ratio (DPR) is presently 26.46%.

Stifel Financial 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.