UBS Group Reaffirms “Buy” Rating for Stifel Financial (NYSE:SF)

Stifel Financial (NYSE:SF)‘s stock had its “buy” rating reiterated by equities researchers at UBS Group in a research report issued to clients and investors on Thursday, MarketBeat Ratings reports. They presently have a $150.00 target price on the financial services provider’s stock. UBS Group’s price target would indicate a potential upside of 15.57% from the stock’s previous close.

A number of other analysts have also commented on SF. Stifel Nicolaus set a $131.00 price target on Stifel Financial in a research note on Wednesday, October 8th. Cowen upgraded shares of Stifel Financial from a “hold” rating to a “buy” rating in a report on Wednesday, October 8th. JPMorgan Chase & Co. boosted their target price on shares of Stifel Financial from $125.00 to $133.00 and gave the stock a “neutral” rating in a report on Thursday, October 23rd. JMP Securities upped their price target on shares of Stifel Financial from $130.00 to $135.00 and gave the company a “market outperform” rating in a research report on Thursday, October 9th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Stifel Financial in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $127.40.

Stifel Financial Trading Down 1.4%

Shares of Stifel Financial stock opened at $129.80 on Thursday. The firm has a market capitalization of $13.22 billion, a PE ratio of 22.93 and a beta of 1.14. The company has a current ratio of 0.84, a quick ratio of 0.79 and a debt-to-equity ratio of 0.28. The firm’s 50 day moving average is $118.60 and its 200 day moving average is $112.11. Stifel Financial has a 1 year low of $73.27 and a 1 year high of $133.08.

Stifel Financial (NYSE:SF) last posted its earnings results on Wednesday, October 22nd. The financial services provider reported $1.95 earnings per share for the quarter, topping analysts’ consensus estimates 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 net margin of 12.44% and a return on equity of 14.95%. The company’s revenue was up 16.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.50 earnings per share. Equities research analysts forecast that Stifel Financial will post 8.26 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Advisory Services Network LLC bought a new stake in Stifel Financial in the third quarter worth approximately $29,000. Pinnacle Holdings LLC bought a new stake in shares of Stifel Financial in the 3rd quarter valued at $32,000. SJS Investment Consulting Inc. lifted its position in shares of Stifel Financial by 2,383.3% during the 3rd quarter. SJS Investment Consulting Inc. now owns 298 shares of the financial services provider’s stock valued at $34,000 after acquiring an additional 286 shares during the period. HM Payson & Co. bought a new position in Stifel Financial during the third quarter worth $37,000. Finally, Root Financial Partners LLC bought a new position in Stifel Financial during the third quarter worth $37,000. 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.