Everpar Advisors LLC Purchases New Holdings in Stifel Financial Corp. (NYSE:SF)

Everpar Advisors LLC acquired a new position in Stifel Financial Corp. (NYSE:SF) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 3,219 shares of the financial services provider’s stock, valued at approximately $223,000.

A number of other institutional investors have also recently bought and sold shares of the business. Raymond James & Associates grew its stake in shares of Stifel Financial by 10.9% during the 3rd quarter. Raymond James & Associates now owns 115,376 shares of the financial services provider’s stock worth $7,089,000 after acquiring an additional 11,303 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Stifel Financial by 21.8% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 21,179 shares of the financial services provider’s stock valued at $1,301,000 after acquiring an additional 3,790 shares during the last quarter. First Horizon Advisors Inc. grew its stake in Stifel Financial by 97.5% in the 3rd quarter. First Horizon Advisors Inc. now owns 640 shares of the financial services provider’s stock worth $39,000 after buying an additional 316 shares in the last quarter. Assetmark Inc. grew its position in Stifel Financial by 1,054.5% in the third quarter. Assetmark Inc. now owns 9,328 shares of the financial services provider’s stock worth $573,000 after acquiring an additional 8,520 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its holdings in shares of Stifel Financial by 23.5% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 152,767 shares of the financial services provider’s stock worth $9,386,000 after purchasing an additional 29,026 shares in the last quarter. Institutional investors own 82.01% of the company’s stock.

Analyst Upgrades and Downgrades

SF has been the subject of a number of recent research reports. StockNews.com upgraded shares of Stifel Financial from a “buy” rating to a “strong-buy” rating in a report on Friday, April 26th. TD Cowen boosted their price target on shares of Stifel Financial from $86.50 to $92.00 and gave the stock an “outperform” rating in a research note on Friday, March 22nd. JMP Securities reaffirmed a “market outperform” rating and set a $88.00 price objective on shares of Stifel Financial in a research note on Tuesday, April 9th. UBS Group increased their target price on Stifel Financial from $74.00 to $78.00 and gave the company a “neutral” rating in a report on Monday, January 29th. Finally, Citigroup lifted their price target on Stifel Financial from $74.00 to $80.00 and gave the stock a “neutral” rating in a research note on Thursday, April 11th. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $84.50.

Stifel Financial Stock Performance

Stifel Financial stock opened at $83.15 on Thursday. Stifel Financial Corp. has a 1-year low of $54.81 and a 1-year high of $83.78. The firm has a market cap of $8.55 billion, a P/E ratio of 18.90 and a beta of 1.14. The company has a current ratio of 0.82, a quick ratio of 0.79 and a debt-to-equity ratio of 0.35. The firm has a 50-day moving average of $76.84 and a 200-day moving average of $70.69.

Stifel Financial (NYSE:SF) last posted its quarterly earnings data on Wednesday, April 24th. The financial services provider reported $1.49 earnings per share for the quarter, missing the consensus estimate of $1.62 by ($0.13). Stifel Financial had a net margin of 11.34% and a return on equity of 12.39%. The firm had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same period in the previous year, the firm posted $1.40 earnings per share. The business’s revenue was up 5.1% compared to the same quarter last year. Sell-side analysts expect that Stifel Financial Corp. will post 7.04 EPS for the current year.

Insider Activity

In related news, insider Victor Nesi sold 36,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $75.37, for a total value of $2,713,320.00. Following the sale, the insider now owns 54,732 shares in the company, valued at approximately $4,125,150.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, insider Victor Nesi sold 36,000 shares of the business’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $75.37, for a total value of $2,713,320.00. Following the completion of the transaction, the insider now owns 54,732 shares in the company, valued at $4,125,150.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director David A. Peacock sold 13,000 shares of the firm’s stock in a transaction dated Thursday, May 2nd. The shares were sold at an average price of $79.90, for a total transaction of $1,038,700.00. Following the sale, the director now directly owns 18,646 shares in the company, valued at approximately $1,489,815.40. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 74,421 shares of company stock worth $5,639,783. Corporate insiders own 3.52% of the company’s stock.

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.