15,787 Shares in Stifel Financial Corporation (NYSE:SF) Acquired by Twin Capital Management Inc.

Twin Capital Management Inc. bought a new position in shares of Stifel Financial Corporation (NYSE:SF - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 15,787 shares of the financial services provider's stock, valued at approximately $1,488,000.

A number of other large investors have also bought and sold shares of SF. Proficio Capital Partners LLC acquired a new stake in shares of Stifel Financial in the 4th quarter valued at approximately $162,000. HighTower Advisors LLC boosted its holdings in shares of Stifel Financial by 10.6% in the 4th quarter. HighTower Advisors LLC now owns 8,777 shares of the financial services provider's stock valued at $931,000 after buying an additional 843 shares during the last quarter. Corient Private Wealth LLC boosted its holdings in shares of Stifel Financial by 11.8% in the 4th quarter. Corient Private Wealth LLC now owns 7,447 shares of the financial services provider's stock valued at $789,000 after buying an additional 788 shares during the last quarter. Xponance Inc. boosted its holdings in shares of Stifel Financial by 5.0% in the 4th quarter. Xponance Inc. now owns 11,691 shares of the financial services provider's stock valued at $1,240,000 after buying an additional 557 shares during the last quarter. Finally, Virtu Financial LLC acquired a new stake in shares of Stifel Financial in the 4th quarter valued at approximately $250,000. 82.01% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on SF. Wells Fargo & Company increased their price objective on Stifel Financial from $102.00 to $125.00 and gave the company an "overweight" rating in a report on Friday, July 11th. JPMorgan Chase & Co. cut their price objective on Stifel Financial from $123.00 to $100.00 and set a "neutral" rating for the company in a report on Friday, April 11th. TD Cowen cut their price target on Stifel Financial from $124.00 to $84.00 and set a "hold" rating for the company in a report on Wednesday, April 9th. Wall Street Zen raised Stifel Financial from a "sell" rating to a "hold" rating in a report on Sunday, July 13th. Finally, The Goldman Sachs Group cut their price target on Stifel Financial from $121.00 to $105.00 and set a "neutral" rating for the company in a report on Thursday, April 3rd. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $110.88.

Stifel Financial Price Performance

Stifel Financial stock opened at $109.92 on Monday. Stifel Financial Corporation has a one year low of $73.27 and a one year high of $120.64. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.81 and a quick ratio of 0.77. The stock's 50 day moving average is $100.29 and its 200 day moving average is $99.57. The firm has a market cap of $11.29 billion, a P/E ratio of 21.02 and a beta of 1.09.

Stifel Financial (NYSE:SF - Get Free Report) last issued its quarterly earnings results 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). The business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.32 billion. Stifel Financial had a net margin of 12.26% and a return on equity of 13.88%. Stifel Financial's quarterly revenue was up 7.9% compared to the same quarter last year. During the same period last year, the firm posted $1.49 earnings per share. As a group, research analysts expect that Stifel Financial Corporation will post 8.26 EPS for the current year.

Stifel Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Monday, June 2nd were issued a dividend of $0.46 per share. The ex-dividend date was Monday, June 2nd. This represents a $1.84 annualized dividend and a yield of 1.67%. Stifel Financial's dividend payout ratio (DPR) is currently 35.18%.

Insider Transactions at Stifel Financial

In related news, Director Michael J. Zimmerman sold 10,000 shares of the company's stock in a transaction on Friday, June 6th. The stock was sold at an average price of $96.69, for a total transaction of $966,900.00. Following the completion of the sale, the director owned 45,833 shares in the company, valued at approximately $4,431,592.77. This represents a 17.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 3.28% of the company's stock.

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.

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