Stifel Financial (NYSE:SF) Earns “Hold (C+)” Rating from Weiss Ratings

Stifel Financial (NYSE:SF)‘s stock had its “hold (c+)” rating reiterated by equities researchers at Weiss Ratings in a research note issued to investors on Friday,Weiss Ratings reports.

Other research analysts have also recently issued research reports about the company. TD Cowen upgraded Stifel Financial from a “hold” rating to a “buy” rating and increased their price objective for the stock from $118.00 to $131.00 in a research report on Wednesday, October 8th. Wall Street Zen upgraded Stifel Financial from a “sell” rating to a “hold” rating in a research report on Sunday, August 3rd. Wells Fargo & Company increased their price objective on Stifel Financial from $102.00 to $125.00 and gave the stock an “overweight” rating in a research report on Friday, July 11th. Stifel Nicolaus set a $131.00 price objective on Stifel Financial in a research report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. raised their price target on Stifel Financial from $125.00 to $133.00 and gave the stock a “neutral” rating in a research report on Thursday. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $125.90.

Stifel Financial Stock Up 1.0%

SF opened at $117.77 on Friday. Stifel Financial has a 1-year low of $73.27 and a 1-year high of $120.64. The stock’s fifty day simple moving average is $113.31 and its 200 day simple moving average is $103.91. The company has a current ratio of 0.82, a quick ratio of 0.77 and a debt-to-equity ratio of 0.28. The stock has a market cap of $12.03 billion, a PE ratio of 20.81 and a beta of 1.13.

Stifel Financial (NYSE:SF) last posted its quarterly earnings data on Wednesday, October 22nd. The financial services provider reported $1.95 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.06. The firm had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.33 billion. Stifel Financial had a return on equity of 15.06% and a net margin of 12.44%.The company’s quarterly revenue was up 16.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.50 EPS. As a group, research analysts expect that Stifel Financial will post 8.26 earnings per share for the current year.

Institutional Trading of Stifel Financial

Large investors have recently bought and sold shares of the business. Zurich Insurance Group Ltd FI acquired a new stake in Stifel Financial in the first quarter valued at about $1,386,000. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Stifel Financial during the first quarter valued at about $361,000. Sumitomo Mitsui Trust Group Inc. acquired a new stake in shares of Stifel Financial during the first quarter valued at about $1,648,000. GAMMA Investing LLC boosted its stake in shares of Stifel Financial by 401.0% during the first quarter. GAMMA Investing LLC now owns 4,509 shares of the financial services provider’s stock valued at $425,000 after purchasing an additional 3,609 shares in the last quarter. Finally, Stratos Wealth Partners LTD. boosted its stake in shares of Stifel Financial by 3.0% during the first quarter. Stratos Wealth Partners LTD. now owns 4,328 shares of the financial services provider’s stock valued at $408,000 after purchasing an additional 127 shares in the last quarter. 82.01% of the stock is owned by institutional investors and hedge funds.

About Stifel Financial

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.