Horizon Investments LLC Grows Position in Stifel Financial Corporation $SF

Key Points

• Horizon Investments raised its stake in Stifel Financial by 146.7% during the fourth quarter to 63,089 shares (about $7.9M), and institutional investors now own roughly 82% of the stock.
• Stifel reported an EPS beat of $1.45 vs. $1.39 but missed revenue estimates ($1.44B vs. $1.51B); analysts collectively rate the stock a "Moderate Buy" with a consensus target of $91.15 amid mixed price‑target revisions.
• Insider David Rubulotta sold 600 shares at $82.87, reducing his holdings to 1,488 shares, and company insiders currently own about 3.28% of the stock.

Horizon Investments LLC raised its position in Stifel Financial Corporation (NYSE:SF - Free Report) by 146.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,089 shares of the financial services provider's stock after purchasing an additional 37,516 shares during the quarter. Horizon Investments LLC owned 0.06% of Stifel Financial worth $7,900,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of SF. AEGON ASSET MANAGEMENT UK Plc grew its holdings in Stifel Financial by 32.2% during the third quarter. AEGON ASSET MANAGEMENT UK Plc now owns 184,047 shares of the financial services provider's stock valued at $20,876,000 after purchasing an additional 44,844 shares during the last quarter. Algebris UK Ltd. grew its holdings in Stifel Financial by 136.8% during the third quarter. Algebris UK Ltd. now owns 246,198 shares of the financial services provider's stock valued at $27,915,000 after purchasing an additional 142,223 shares during the last quarter. Verdence Capital Advisors LLC acquired a new position in Stifel Financial during the third quarter valued at approximately $4,019,000. Moran Wealth Management LLC grew its holdings in Stifel Financial by 22.1% during the third quarter. Moran Wealth Management LLC now owns 133,462 shares of the financial services provider's stock valued at $15,144,000 after purchasing an additional 24,118 shares during the last quarter. Finally, Riverwater Partners LLC acquired a new position in Stifel Financial during the third quarter valued at approximately $984,000. 82.01% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have commented on SF shares. Stifel Nicolaus set a $92.00 price target on Stifel Financial in a report on Wednesday, January 14th. UBS Group lowered their price target on Stifel Financial from $100.00 to $89.00 and set a "buy" rating on the stock in a report on Wednesday, April 8th. Zacks Research downgraded Stifel Financial from a "hold" rating to a "strong sell" rating in a report on Tuesday, April 21st. TD Cowen lowered their price target on Stifel Financial from $136.00 to $92.00 and set a "hold" rating on the stock in a report on Monday, March 23rd. Finally, Wolfe Research reiterated an "outperform" rating and set a $99.33 price target on shares of Stifel Financial in a report on Wednesday, January 7th. Six research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Stifel Financial presently has a consensus rating of "Moderate Buy" and a consensus target price of $91.15.

Insider Buying and Selling

In related news, insider David Rubulotta sold 600 shares of the firm's stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $82.87, for a total value of $49,724.00. Following the completion of the transaction, the insider directly owned 1,488 shares of the company's stock, valued at $123,315.52. This trade represents a 28.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 3.28% of the stock is currently owned by company insiders.

Stifel Financial Trading Down 2.2%

Shares of Stifel Financial stock opened at $77.07 on Friday. The company's fifty day simple moving average is $75.25 and its 200-day simple moving average is $79.86. The company has a market cap of $11.93 billion, a price-to-earnings ratio of 14.99 and a beta of 1.05. The company has a current ratio of 0.84, a quick ratio of 0.80 and a debt-to-equity ratio of 0.25. Stifel Financial Corporation has a 1 year low of $58.24 and a 1 year high of $89.83.

Stifel Financial (NYSE:SF - Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The financial services provider reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.39 by $0.06. The business had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.51 billion. Stifel Financial had a net margin of 15.34% and a return on equity of 18.95%. Stifel Financial's quarterly revenue was up 17.7% on a year-over-year basis. During the same quarter last year, the company posted $0.49 earnings per share. As a group, sell-side analysts expect that Stifel Financial Corporation will post 6.25 EPS for the current year.

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.

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