Stifel Financial Corporation $SF Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC lowered its position in Stifel Financial Corporation (NYSE:SF) by 9.8% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 82,760 shares of the financial services provider’s stock after selling 9,001 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Stifel Financial were worth $9,391,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. SJS Investment Consulting Inc. lifted its stake in shares of Stifel Financial by 2,383.3% in the third quarter. SJS Investment Consulting Inc. now owns 298 shares of the financial services provider’s stock worth $34,000 after acquiring an additional 286 shares in the last quarter. HM Payson & Co. purchased a new stake in Stifel Financial during the 3rd quarter worth approximately $37,000. Root Financial Partners LLC purchased a new stake in Stifel Financial during the 3rd quarter worth approximately $37,000. Hantz Financial Services Inc. raised its position in shares of Stifel Financial by 5,528.6% in the 2nd quarter. Hantz Financial Services Inc. now owns 394 shares of the financial services provider’s stock valued at $41,000 after purchasing an additional 387 shares in the last quarter. Finally, Caldwell Trust Co purchased a new position in shares of Stifel Financial during the 2nd quarter valued at approximately $47,000. 82.01% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

SF has been the subject of a number of research analyst reports. BMO Capital Markets began coverage on shares of Stifel Financial in a research note on Friday, October 3rd. They issued a “market perform” rating and a $121.00 price target for the company. JPMorgan Chase & Co. boosted their target price on shares of Stifel Financial from $133.00 to $136.00 and gave the stock a “neutral” rating in a research report on Thursday, January 8th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Stifel Financial in a research report on Wednesday, January 21st. TD Cowen lowered Stifel Financial from a “buy” rating to a “hold” rating in a report on Wednesday, January 14th. Finally, Citigroup reaffirmed an “outperform” rating on shares of Stifel Financial in a report on Monday, January 12th. Six equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Stifel Financial presently has an average rating of “Moderate Buy” and a consensus price target of $135.18.

Stifel Financial Stock Performance

Shares of NYSE SF opened at $128.76 on Tuesday. The stock has a market capitalization of $13.11 billion, a P/E ratio of 22.75 and a beta of 1.13. The firm’s 50-day moving average price is $126.41 and its two-hundred day moving average price is $118.33. Stifel Financial Corporation has a 52-week low of $73.27 and a 52-week high of $134.74. The company has a quick ratio of 0.79, a current ratio of 0.84 and a debt-to-equity ratio of 0.28.

Stifel Financial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were given a $0.46 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a $1.84 annualized dividend and a yield of 1.4%. Stifel Financial’s dividend payout ratio (DPR) is currently 32.51%.

About Stifel Financial

Stifel Financial Corp. is a diversified financial services holding company headquartered in St. Louis, Missouri. Founded in 1890, the firm has grown into a full‐service brokerage and investment banking organization serving individual investors, corporations and institutions. Through its principal subsidiary, Stifel, Nicolaus & Company, Incorporated, the company delivers a broad array of financial products and services backed by research‐driven insights.

The firm’s main business activities are organized into two core segments: Private Client Group and Institutional Group.