111 Capital Buys New Holdings in Stifel Financial Corp. (NYSE:SF)

111 Capital acquired a new stake in Stifel Financial Corp. (NYSE:SF - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 4,730 shares of the financial services provider's stock, valued at approximately $502,000.

Several other hedge funds have also recently bought and sold shares of SF. Mather Group LLC. grew its holdings in Stifel Financial by 14.6% during the 4th quarter. Mather Group LLC. now owns 707 shares of the financial services provider's stock valued at $75,000 after buying an additional 90 shares during the last quarter. Hancock Whitney Corp grew its holdings in Stifel Financial by 1.3% during the 4th quarter. Hancock Whitney Corp now owns 7,541 shares of the financial services provider's stock valued at $800,000 after buying an additional 99 shares during the last quarter. Bessemer Group Inc. grew its holdings in Stifel Financial by 52.1% during the 4th quarter. Bessemer Group Inc. now owns 321 shares of the financial services provider's stock valued at $34,000 after buying an additional 110 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings in Stifel Financial by 26.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 528 shares of the financial services provider's stock valued at $56,000 after buying an additional 111 shares during the last quarter. Finally, MML Investors Services LLC grew its holdings in Stifel Financial by 0.5% during the 4th quarter. MML Investors Services LLC now owns 28,657 shares of the financial services provider's stock valued at $3,040,000 after buying an additional 136 shares during the last quarter. 82.01% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. UBS Group increased their target price on Stifel Financial from $116.00 to $120.00 and gave the company a "neutral" rating in a report on Monday, February 3rd. JPMorgan Chase & Co. lowered their target price on Stifel Financial from $123.00 to $100.00 and set a "neutral" rating on the stock in a report on Friday, April 11th. JMP Securities lowered their target price on Stifel Financial from $135.00 to $120.00 and set a "market outperform" rating on the stock in a report on Tuesday, April 8th. Wolfe Research upgraded Stifel Financial from a "peer perform" rating to an "outperform" rating and set a $108.00 target price on the stock in a report on Thursday, April 24th. Finally, TD Cowen decreased their price objective on Stifel Financial from $124.00 to $84.00 and set a "hold" rating on the stock in a report on Wednesday, April 9th. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $105.50.

Stifel Financial Trading Up 1.2%

Shares of SF stock traded up $1.09 during mid-day trading on Tuesday, hitting $94.19. 455,163 shares of the company's stock were exchanged, compared to its average volume of 675,042. Stifel Financial Corp. has a fifty-two week low of $73.27 and a fifty-two week high of $120.64. The stock has a 50-day simple moving average of $89.45 and a two-hundred day simple moving average of $101.54. The company has a quick ratio of 0.78, a current ratio of 0.82 and a debt-to-equity ratio of 0.27. The stock has a market cap of $9.68 billion, a price-to-earnings ratio of 15.09 and a beta of 1.07.

Stifel Financial (NYSE:SF - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.64 by ($1.15). Stifel Financial had a return on equity of 16.59% and a net margin of 14.00%. The business 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. Stifel Financial's revenue for the quarter was up 7.9% compared to the same quarter last year. Equities analysts expect that Stifel Financial Corp. will post 8.26 EPS for the current fiscal year.

Stifel Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Monday, June 2nd will be issued a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 1.95%. The ex-dividend date is Monday, June 2nd. Stifel Financial's payout ratio is currently 35.18%.

Stifel Financial 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.