8,927 Stifel Financial Corporation $SF Shares Purchased by Machina Capital S.A.S.

Machina Capital S.A.S. increased its stake in shares of Stifel Financial Corporation (NYSE:SF) by 95.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,259 shares of the financial services provider’s stock after acquiring an additional 8,927 shares during the quarter. Machina Capital S.A.S.’s holdings in Stifel Financial were worth $1,279,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. BlackRock Inc. acquired a new position in Stifel Financial in the second quarter valued at $1,031,197,000. Dimensional Fund Advisors LP grew its holdings in shares of Stifel Financial by 51.6% during the first quarter. Dimensional Fund Advisors LP now owns 2,616,616 shares of the financial services provider’s stock worth $193,403,000 after purchasing an additional 890,810 shares during the last quarter. Bank of America Corp DE increased its position in shares of Stifel Financial by 58.7% during the first quarter. Bank of America Corp DE now owns 1,875,501 shares of the financial services provider’s stock worth $138,637,000 after purchasing an additional 693,437 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Stifel Financial by 40.6% during the first quarter. Bank of New York Mellon Corp now owns 1,367,474 shares of the financial services provider’s stock worth $101,084,000 after purchasing an additional 394,863 shares in the last quarter. Finally, Principal Financial Group Inc. increased its position in shares of Stifel Financial by 48.5% during the first quarter. Principal Financial Group Inc. now owns 1,075,067 shares of the financial services provider’s stock worth $79,469,000 after purchasing an additional 351,146 shares in the last quarter. 82.01% of the stock is owned by hedge funds and other institutional investors.

Stifel Financial Trading Down 1.0%

Shares of SF opened at $72.26 on Friday. Stifel Financial Corporation has a twelve month low of $65.40 and a twelve month high of $89.83. The company has a current ratio of 0.87, a quick ratio of 0.82 and a debt-to-equity ratio of 0.28. The firm has a market capitalization of $10.78 billion, a P/E ratio of 12.00 and a beta of 1.01. The firm’s 50-day moving average is $71.74 and its two-hundred day moving average is $75.63.

Stifel Financial (NYSE:SF) last posted its quarterly earnings results on Wednesday, October 21st. The financial services provider reported $1.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.44 by $0.02. The company had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.45 billion. Stifel Financial had a net margin of 16.50% and a return on equity of 19.33%. The company’s revenue for the quarter was down .2% on a year-over-year basis. During the same period last year, the firm earned $1.95 EPS. On average, research analysts predict that Stifel Financial Corporation will post 6.08 earnings per share for the current fiscal year.

Stifel Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Tuesday, December 1st will be paid a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Tuesday, December 1st. Stifel Financial’s dividend payout ratio (DPR) is presently 23.61%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on SF shares. Capital One Financial set a $75.00 target price on Stifel Financial in a research report on Tuesday, October 6th. BMO Capital Markets decreased their price target on shares of Stifel Financial from $85.00 to $75.00 and set a “market perform” rating for the company in a research note on Tuesday, October 6th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Stifel Financial in a report on Wednesday, August 26th. Zacks Research lowered Stifel Financial from a “hold” rating to a “strong sell” rating in a report on Thursday, October 22nd. Finally, Wall Street Zen downgraded Stifel Financial from a “buy” rating to a “hold” rating in a research note on Sunday, August 9th. Five analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Stifel Financial has an average rating of “Hold” and a consensus target price of $85.71.

About Stifel Financial

Stifel Financial Corp. is a financial services holding company headquartered in St. Louis, Missouri. Founded in 1890 as a brokerage firm, it has grown into a provider of services for individual investors, businesses, and institutional clients. Through its wealth management business, Stifel offers investment advice, financial planning, brokerage services, and related banking and lending services. Its institutional businesses provide equity and fixed-income research, sales and trading, and investment banking services, including advice on mergers and acquisitions and assistance with securities offerings.