Macquarie downgraded shares of Stifel Financial Corp. (NYSE:SF) from an outperform rating to a neutral rating in a report published on Monday morning.

Separately, Zacks Investment Research raised Stifel Financial Corp. from a strong sell rating to a hold rating in a research note on Wednesday, September 7th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Stifel Financial Corp. currently has a consensus rating of Hold and a consensus price target of $40.00.

Stifel Financial Corp. (NYSE:SF) opened at 48.91 on Monday. Stifel Financial Corp. has a 1-year low of $25.00 and a 1-year high of $50.92. The stock has a 50 day moving average price of $42.20 and a 200 day moving average price of $37.57. The stock has a market cap of $3.24 billion, a PE ratio of 58.93 and a beta of 1.56.

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

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In other Stifel Financial Corp. news, Vice Chairman Ben A. Plotkin sold 15,000 shares of Stifel Financial Corp. stock in a transaction dated Tuesday, November 22nd. The stock was sold at an average price of $50.20, for a total transaction of $753,000.00. Following the completion of the transaction, the insider now owns 123,309 shares in the company, valued at approximately $6,190,111.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Victor Nesi sold 25,000 shares of Stifel Financial Corp. stock in a transaction dated Tuesday, November 22nd. The shares were sold at an average price of $50.20, for a total value of $1,255,000.00. Following the transaction, the director now owns 139,373 shares of the company’s stock, valued at approximately $6,996,524.60. The disclosure for this sale can be found here. 5.14% of the stock is owned by corporate insiders.

Institutional investors have recently added to or reduced their stakes in the stock. Advisor Group Inc. bought a new position in Stifel Financial Corp. during the second quarter worth $111,000. Paradigm Asset Management Co. LLC raised its position in 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 worth $123,000 after buying an additional 200 shares during the last quarter. LS Investment Advisors LLC raised its position in 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 worth $126,000 after buying an additional 1,624 shares during the last quarter. C M Bidwell & Associates Ltd. bought a new position in Stifel Financial Corp. during the second quarter worth $152,000. Finally, Bank of Montreal Can bought a new position in Stifel Financial Corp. during the second quarter worth $168,000. Institutional investors and hedge funds own 84.21% of the company’s stock.

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

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