Barclays PLC Purchases 6,647 Shares of Stifel Financial Corp. (NYSE:SF)

Barclays PLC boosted its holdings in shares of Stifel Financial Corp. (NYSE:SF - Free Report) by 6.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 114,044 shares of the financial services provider's stock after purchasing an additional 6,647 shares during the period. Barclays PLC owned approximately 0.11% of Stifel Financial worth $12,096,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. FMR LLC raised its holdings in shares of Stifel Financial by 8.5% during the fourth quarter. FMR LLC now owns 8,628,832 shares of the financial services provider's stock valued at $915,346,000 after acquiring an additional 672,420 shares during the period. Wellington Management Group LLP raised its position in Stifel Financial by 32.2% during the fourth quarter. Wellington Management Group LLP now owns 2,588,964 shares of the financial services provider's stock valued at $274,637,000 after buying an additional 630,255 shares during the period. Fisher Asset Management LLC lifted its stake in Stifel Financial by 5.2% in the 4th quarter. Fisher Asset Management LLC now owns 1,540,584 shares of the financial services provider's stock worth $163,425,000 after acquiring an additional 76,163 shares in the last quarter. Norges Bank purchased a new stake in Stifel Financial in the 4th quarter worth about $137,448,000. Finally, Invesco Ltd. boosted its position in Stifel Financial by 18.2% during the 4th quarter. Invesco Ltd. now owns 1,207,465 shares of the financial services provider's stock worth $128,088,000 after acquiring an additional 186,352 shares during the period. 82.01% of the stock is currently owned by institutional investors.

Stifel Financial Stock Down 0.0 %

Shares of SF traded down $0.01 during trading hours on Friday, hitting $85.73. 916,923 shares of the company were exchanged, compared to its average volume of 679,634. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.78 and a current ratio of 0.82. The company has a market cap of $8.89 billion, a PE ratio of 13.74 and a beta of 1.00. The firm's 50 day moving average is $93.19 and its 200-day moving average is $103.87. Stifel Financial Corp. has a 52 week low of $73.27 and a 52 week high of $120.64.

Stifel Financial (NYSE:SF - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The financial services provider reported $0.49 EPS for the quarter, missing the consensus estimate of $1.61 by ($1.12). Stifel Financial had a net margin of 14.00% and a return on equity of 16.59%. The company had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same quarter last year, the business earned $1.49 EPS. On average, equities research analysts forecast that Stifel Financial Corp. will post 8.26 EPS for the current fiscal year.

Stifel Financial Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were given a dividend of $0.46 per share. This is a positive change from Stifel Financial's previous quarterly dividend of $0.42. The ex-dividend date was Monday, March 3rd. This represents a $1.84 dividend on an annualized basis and a yield of 2.15%. Stifel Financial's payout ratio is currently 29.49%.

Analyst Ratings Changes

A number of analysts have recently issued reports on SF shares. Citigroup reduced their price target on shares of Stifel Financial from $125.00 to $105.00 and set a "neutral" rating for the company in a research report on Wednesday, April 2nd. JMP Securities decreased their target price on shares of Stifel Financial from $135.00 to $120.00 and set a "market outperform" rating for the company in a research note on Tuesday, April 8th. TD Cowen dropped their price target on shares of Stifel Financial from $124.00 to $84.00 and set a "hold" rating on the stock in a research note on Wednesday, April 9th. Wolfe Research raised Stifel Financial from a "peer perform" rating to an "outperform" rating and set a $108.00 price objective for the company in a research report on Thursday. Finally, Wells Fargo & Company dropped their target price on Stifel Financial from $106.00 to $102.00 and set an "overweight" rating on the stock in a research report on Thursday. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $105.50.

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 and internationally. It operates in three segments: Global Wealth Management, Institutional Group, and Other.