Stifel Financial Corp. (NYSE:SF) Vice Chairman Ben A. Plotkin sold 15,000 shares of the business’s stock in a transaction dated Tuesday, November 22nd. The shares were sold at an average price of $50.20, for a total transaction of $753,000.00. Following the completion of the sale, the insider now directly owns 123,309 shares of the company’s stock, valued at approximately $6,190,111.80. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Shares of Stifel Financial Corp. (NYSE:SF) traded down 0.32% during trading on Wednesday, reaching $50.60. 531,532 shares of the company traded hands. The firm’s 50-day moving average is $41.26 and its 200-day moving average is $37.17. The stock has a market capitalization of $3.35 billion, a PE ratio of 60.96 and a beta of 1.56. Stifel Financial Corp. has a 12-month low of $25.00 and a 12-month high of $50.92.

Stifel Financial Corp. (NYSE:SF) last posted its quarterly earnings data on Wednesday, November 2nd. The financial services provider reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.62 by $0.07. Stifel Financial Corp. had a net margin of 2.64% and a return on equity of 6.71%. The business earned $641.99 million during the quarter, compared to the consensus estimate of $629.13 million. The firm’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.38 earnings per share. On average, equities analysts predict that Stifel Financial Corp. will post $2.53 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Stifel Financial Corp. (NYSE:SF)

A number of analysts have recently weighed in on SF shares. Zacks Investment Research raised shares of Stifel Financial Corp. from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 7th. Macquarie upped their price target on shares of Stifel Financial Corp. from $39.00 to $44.00 and gave the stock an “outperform” rating in a report on Friday, September 9th. Two analysts have rated the stock with a sell rating, three have given a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $40.00.

Institutional investors have recently bought and sold shares of the company. Advisor Group Inc. acquired a new position in Stifel Financial Corp. during the second quarter valued at $111,000. Paradigm Asset Management Co. LLC boosted its position in shares of Stifel Financial Corp. by 5.4% in the second quarter. Paradigm Asset Management Co. LLC now owns 3,900 shares of the financial services provider’s stock valued at $123,000 after buying an additional 200 shares in the last quarter. LS Investment Advisors LLC boosted its position in shares of Stifel Financial Corp. by 68.3% in the second quarter. LS Investment Advisors LLC now owns 4,003 shares of the financial services provider’s stock valued at $126,000 after buying an additional 1,624 shares in the last quarter. C M Bidwell & Associates Ltd. purchased a new position in shares of Stifel Financial Corp. during the second quarter valued at approximately $152,000. Finally, Bank of Montreal Can purchased a new position in shares of Stifel Financial Corp. during the second quarter valued at approximately $168,000. Hedge funds and other institutional investors own 85.24% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Ben A. Plotkin Sells 15,000 Shares of Stifel Financial Corp. (SF) Stock” was first published by The Cerbat Gem and is the propert of of The Cerbat Gem. If you are reading this piece of content on another publication, it was stolen and reposted in violation of United States & international copyright and trademark law. The legal version of this piece of content can be viewed at https://www.thecerbatgem.com/2016/11/23/ben-a-plotkin-sells-15000-shares-of-stifel-financial-corp-sf-stock.html.

Stifel Financial Corp. Company Profile

Stifel Financial Corp. is a financial holding company. Its principal subsidiary is Stifel, Nicolaus & Company, Incorporated, a retail and institutional wealth management and investment banking firm. Its principal activities are private client services, including securities transaction and financial planning services; institutional equity and fixed income sales, trading, research and municipal finance; investment banking services, including mergers and acquisitions, public offerings and private placements, and retail and commercial banking, including personal and commercial lending programs.

5 Day Chart for NYSE:SF

Receive News & Stock Ratings for Stifel Financial Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stifel Financial Corp. and related stocks with our FREE daily email newsletter.