Shares of Stifel Financial Corp (NYSE:SF) have earned an average recommendation of “Hold” from the six research firms that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $52.00.

SF has been the topic of a number of recent analyst reports. Wolfe Research cut shares of Stifel Financial from an “outperform” rating to a “peer perform” rating and lowered their price target for the stock from $49.00 to $45.00 in a research note on Friday, May 1st. Wells Fargo & Co lowered their price target on shares of Stifel Financial from $56.00 to $38.00 and set an “equal weight” rating on the stock in a research note on Monday, April 6th. JMP Securities lowered their price target on shares of Stifel Financial from $72.00 to $60.00 and set a “market outperform” rating on the stock in a research note on Thursday, April 9th. Finally, ValuEngine cut shares of Stifel Financial from a “hold” rating to a “sell” rating in a research note on Thursday, April 2nd.

In other Stifel Financial news, CEO Ronald J. Kruszewski purchased 10,000 shares of the company’s stock in a transaction on Thursday, March 19th. The shares were purchased at an average cost of $31.85 per share, for a total transaction of $318,500.00. Following the completion of the transaction, the chief executive officer now owns 865,000 shares in the company, valued at $27,550,250. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director David A. Peacock purchased 1,000 shares of the company’s stock in a transaction on Wednesday, March 25th. The stock was acquired at an average price of $42.10 per share, for a total transaction of $42,100.00. The disclosure for this purchase can be found here. Insiders purchased 12,000 shares of company stock worth $393,070 in the last 90 days. 3.71% of the stock is currently owned by insiders.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. AQR Capital Management LLC increased its stake in Stifel Financial by 63.8% in the 1st quarter. AQR Capital Management LLC now owns 592,394 shares of the financial services provider’s stock worth $24,454,000 after purchasing an additional 230,828 shares in the last quarter. Engineers Gate Manager LP grew its stake in Stifel Financial by 23.8% during the 1st quarter. Engineers Gate Manager LP now owns 8,806 shares of the financial services provider’s stock valued at $364,000 after acquiring an additional 1,692 shares in the last quarter. Meeder Asset Management Inc. grew its stake in Stifel Financial by 240.6% during the 1st quarter. Meeder Asset Management Inc. now owns 2,258 shares of the financial services provider’s stock valued at $93,000 after acquiring an additional 1,595 shares in the last quarter. AXA grew its stake in Stifel Financial by 489.7% during the 1st quarter. AXA now owns 34,200 shares of the financial services provider’s stock valued at $1,412,000 after acquiring an additional 28,400 shares in the last quarter. Finally, Balyasny Asset Management LLC purchased a new position in Stifel Financial during the 1st quarter valued at about $567,000. 83.90% of the stock is currently owned by hedge funds and other institutional investors.

Shares of SF stock opened at $42.04 on Wednesday. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.74 and a quick ratio of 0.70. The firm’s 50-day moving average is $41.99 and its two-hundred day moving average is $55.08. Stifel Financial has a 12 month low of $31.13 and a 12 month high of $69.10. The company has a market capitalization of $3.07 billion, a PE ratio of 7.87 and a beta of 1.68.

Stifel Financial (NYSE:SF) last released its quarterly earnings results on Thursday, April 30th. The financial services provider reported $1.20 EPS for the quarter, missing the consensus estimate of $1.37 by ($0.17). The business had revenue of $913.00 million during the quarter, compared to analysts’ expectations of $845.96 million. Stifel Financial had a net margin of 12.52% and a return on equity of 14.73%. The firm’s revenue for the quarter was up 18.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.32 EPS.

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be issued a $0.17 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $0.68 annualized dividend and a yield of 1.62%. Stifel Financial’s payout ratio is 11.15%.

Stifel Financial Company Profile

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, rest of Europe, and Asia. The company operates through three segments: Global Wealth Management, Institutional Group, and Other.

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