Shares of Stifel (NYSE:SF) have been assigned an average recommendation of “Buy” from the nine ratings firms that are currently covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $76.33.
A number of research analysts have issued reports on SF shares. Zacks Investment Research upgraded shares of Stifel from a “hold” rating to a “buy” rating and set a $76.00 target price on the stock in a report on Wednesday, March 14th. ValuEngine upgraded shares of Stifel from a “hold” rating to a “buy” rating in a report on Wednesday, March 7th. Nomura upped their target price on shares of Stifel from $77.00 to $80.00 and gave the company a “buy” rating in a report on Wednesday, January 31st. Finally, Wells Fargo upped their target price on shares of Stifel from $71.00 to $72.00 and gave the company an “outperform” rating in a report on Wednesday, January 31st.
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Shares of Stifel traded up $0.60, hitting $60.05, on Thursday, MarketBeat Ratings reports. The company’s stock had a trading volume of 300,310 shares, compared to its average volume of 440,655. Stifel has a 52-week low of $59.13 and a 52-week high of $59.58. The company has a quick ratio of 0.63, a current ratio of 0.70 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $4.22 billion, a PE ratio of 15.05, a P/E/G ratio of 0.97 and a beta of 1.74.
Stifel (NYSE:SF) last released its quarterly earnings data on Monday, April 30th. The financial services provider reported $1.15 EPS for the quarter, topping the consensus estimate of $1.08 by $0.07. Stifel had a net margin of 6.87% and a return on equity of 13.14%. The business had revenue of $750.36 million for the quarter, compared to analyst estimates of $734.84 million. During the same period in the previous year, the firm earned $0.74 EPS. The business’s revenue for the quarter was up 11.1% compared to the same quarter last year. research analysts expect that Stifel will post 5.05 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, June 15th. Shareholders of record on Friday, June 1st will be issued a $0.12 dividend. The ex-dividend date is Thursday, May 31st. This represents a $0.48 dividend on an annualized basis and a yield of 0.80%. Stifel’s dividend payout ratio (DPR) is 12.03%.
In other news, Vice Chairman Ben A. Plotkin sold 9,012 shares of the company’s stock in a transaction dated Monday, March 5th. The shares were sold at an average price of $63.30, for a total transaction of $570,459.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert Edward Grady sold 5,000 shares of the company’s stock in a transaction dated Tuesday, May 8th. The shares were sold at an average price of $60.15, for a total transaction of $300,750.00. Following the transaction, the director now directly owns 5,828 shares of the company’s stock, valued at approximately $350,554.20. The disclosure for this sale can be found here. 5.09% of the stock is currently owned by corporate insiders.
Several hedge funds and other institutional investors have recently bought and sold shares of SF. Bank of Montreal Can increased its stake in shares of Stifel by 9.4% during the 4th quarter. Bank of Montreal Can now owns 28,026 shares of the financial services provider’s stock valued at $1,668,000 after acquiring an additional 2,408 shares during the last quarter. Schwab Charles Investment Management Inc. increased its position in Stifel by 8.1% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 404,606 shares of the financial services provider’s stock worth $24,099,000 after purchasing an additional 30,268 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in Stifel during the 4th quarter worth approximately $535,000. Fox Run Management L.L.C. increased its position in Stifel by 41.0% during the 4th quarter. Fox Run Management L.L.C. now owns 8,884 shares of the financial services provider’s stock worth $529,000 after purchasing an additional 2,584 shares in the last quarter. Finally, Lockheed Martin Investment Management Co. acquired a new stake in Stifel during the 4th quarter worth approximately $2,466,000. 87.90% of the stock is owned by institutional investors.
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, the United Kingdom, and rest of Europe. The company operates through three segments: Global Wealth Management, Institutional Group, and Other.