Brandywine Oak Private Wealth LLC Sells 135 Shares of Stifel Financial Corp. (NYSE:SF)

Brandywine Oak Private Wealth LLC reduced its holdings in shares of Stifel Financial Corp. (NYSE:SF) by 0.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 59,315 shares of the financial services provider’s stock after selling 135 shares during the period. Stifel Financial comprises approximately 0.6% of Brandywine Oak Private Wealth LLC’s portfolio, making the stock its 26th biggest holding. Brandywine Oak Private Wealth LLC’s holdings in Stifel Financial were worth $6,292,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Waldron Private Wealth LLC bought a new position in shares of Stifel Financial in the third quarter worth approximately $34,000. GAMMA Investing LLC grew its holdings in shares of Stifel Financial by 27.7% in the third quarter. GAMMA Investing LLC now owns 503 shares of the financial services provider’s stock worth $47,000 after purchasing an additional 109 shares during the last quarter. Versant Capital Management Inc grew its holdings in shares of Stifel Financial by 46.5% in the fourth quarter. Versant Capital Management Inc now owns 457 shares of the financial services provider’s stock worth $48,000 after purchasing an additional 145 shares during the last quarter. Mather Group LLC. grew its holdings in shares of Stifel Financial by 14.6% in the fourth quarter. Mather Group LLC. now owns 707 shares of the financial services provider’s stock worth $75,000 after purchasing an additional 90 shares during the last quarter. Finally, UMB Bank n.a. grew its holdings in shares of Stifel Financial by 36.6% in the third quarter. UMB Bank n.a. now owns 870 shares of the financial services provider’s stock worth $82,000 after purchasing an additional 233 shares during the last quarter. 82.01% of the stock is currently owned by institutional investors.

Insider Transactions at Stifel Financial

In other news, COO David D. Sliney sold 25,000 shares of Stifel Financial stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $116.18, for a total value of $2,904,500.00. Following the completion of the transaction, the chief operating officer now owns 159,619 shares of the company’s stock, valued at $18,544,535.42. The trade was a 13.54 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 4.57% of the stock is owned by insiders.

Stifel Financial Stock Performance

Shares of Stifel Financial stock opened at $113.07 on Thursday. The company has a current ratio of 0.82, a quick ratio of 0.78 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $11.57 billion, a P/E ratio of 18.12 and a beta of 1.11. The business has a fifty day simple moving average of $110.59 and a two-hundred day simple moving average of $100.50. Stifel Financial Corp. has a 12 month low of $72.78 and a 12 month high of $120.64.

Stifel Financial (NYSE:SF) last announced its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $2.23 EPS for the quarter, beating the consensus estimate of $1.96 by $0.27. Stifel Financial had a return on equity of 16.59% and a net margin of 14.00%. On average, equities analysts forecast that Stifel Financial Corp. will post 7.91 earnings per share for the current fiscal year.

Stifel Financial Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 1.63%. The ex-dividend date of this dividend is Monday, March 3rd. This is a positive change from Stifel Financial’s previous quarterly dividend of $0.42. Stifel Financial’s payout ratio is currently 26.92%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. JPMorgan Chase & Co. began coverage on shares of Stifel Financial in a report on Tuesday, December 10th. They issued a “neutral” rating and a $120.00 target price on the stock. Citigroup lifted their price target on shares of Stifel Financial from $110.00 to $115.00 and gave the company a “neutral” rating in a report on Friday, January 10th. Wells Fargo & Company lifted their price target on shares of Stifel Financial from $128.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday, January 30th. TD Cowen lifted their price target on shares of Stifel Financial from $100.00 to $105.00 and gave the company a “hold” rating in a report on Thursday, October 24th. Finally, 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 report on Thursday, January 30th. Seven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, Stifel Financial presently has a consensus rating of “Hold” and an average target price of $117.71.

Stifel Financial 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.