Stifel Financial Corp. (NYSE:SF) Shares Acquired by Integrated Investment Consultants LLC

Integrated Investment Consultants LLC increased its holdings in shares of Stifel Financial Corp. (NYSE:SF) by 8.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,635 shares of the financial services provider’s stock after purchasing an additional 449 shares during the quarter. Integrated Investment Consultants LLC’s holdings in Stifel Financial were worth $598,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of SF. Waldron Private Wealth LLC purchased a new position in shares of Stifel Financial during the 3rd quarter worth approximately $34,000. GAMMA Investing LLC lifted its stake in Stifel Financial by 27.7% during 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 in the last quarter. Versant Capital Management Inc boosted its position in shares of Stifel Financial by 46.5% during the fourth quarter. Versant Capital Management Inc now owns 457 shares of the financial services provider’s stock worth $48,000 after buying an additional 145 shares during the period. UMB Bank n.a. grew its stake 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 valued at $82,000 after buying an additional 233 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in shares of Stifel Financial by 148.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,201 shares of the financial services provider’s stock valued at $113,000 after buying an additional 717 shares during the period. Institutional investors and hedge funds own 82.01% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. TD Cowen increased their price target on shares of Stifel Financial from $100.00 to $105.00 and gave the stock a “hold” rating in a research report on Thursday, October 24th. JPMorgan Chase & Co. began coverage on shares of Stifel Financial in a research report on Tuesday, December 10th. They issued a “neutral” rating and a $120.00 price target for the company. JMP Securities upped their price objective on Stifel Financial from $105.00 to $110.00 and gave the stock a “market outperform” rating in a research report on Wednesday, October 9th. The Goldman Sachs Group increased their price objective on Stifel Financial from $85.00 to $94.00 and gave the company a “neutral” rating in a research note on Thursday, September 26th. Finally, StockNews.com cut Stifel Financial from a “buy” rating to a “hold” rating in a research note on Thursday, October 3rd. Seven investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $107.14.

Insider Activity at Stifel Financial

In related news, COO David D. Sliney sold 25,000 shares of the stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $116.18, for a total transaction of $2,904,500.00. Following the completion of the transaction, the chief operating officer now directly owns 159,619 shares of the company’s stock, valued at $18,544,535.42. This represents a 13.54 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 4.57% of the stock is currently owned by insiders.

Stifel Financial Trading Up 1.8 %

NYSE SF opened at $113.87 on Friday. Stifel Financial Corp. has a one year low of $68.40 and a one year high of $119.12. The firm has a market cap of $11.65 billion, a PE ratio of 20.59 and a beta of 1.11. The firm’s fifty day moving average is $110.78 and its two-hundred day moving average is $97.56. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.78 and a current ratio of 0.82.

Stifel Financial (NYSE:SF) last posted its quarterly earnings data on Wednesday, October 23rd. The financial services provider reported $1.50 EPS for the quarter, missing the consensus estimate of $1.60 by ($0.10). Stifel Financial had a net margin of 12.98% and a return on equity of 14.92%. The company had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.20 billion. During the same period in the prior year, the company earned $0.60 earnings per share. The firm’s revenue was up 17.2% on a year-over-year basis. Analysts expect that Stifel Financial Corp. will post 6.53 earnings per share for the current year.

Stifel Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Monday, December 2nd were issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 1.48%. The ex-dividend date of this dividend was Monday, December 2nd. Stifel Financial’s dividend payout ratio is presently 30.38%.

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.