iSAM Funds UK Ltd Purchases New Position in Stifel Financial Corp. (NYSE:SF)

iSAM Funds UK Ltd purchased a new stake in shares of Stifel Financial Corp. (NYSE:SF - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 6,728 shares of the financial services provider's stock, valued at approximately $714,000.

Several other institutional investors also recently bought and sold shares of the stock. Mather Group LLC. increased its position in shares of Stifel Financial by 14.6% in the fourth 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 in the last quarter. Hancock Whitney Corp increased its position in shares of Stifel Financial by 1.3% in the fourth 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 in the last quarter. Bessemer Group Inc. increased its position in shares of Stifel Financial by 52.1% in the fourth 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 in the last quarter. Smartleaf Asset Management LLC lifted its stake in Stifel Financial by 26.6% in 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 in the last quarter. Finally, MML Investors Services LLC boosted its holdings in Stifel Financial by 0.5% in the 4th quarter. MML Investors Services LLC now owns 28,657 shares of the financial services provider's stock worth $3,040,000 after buying an additional 136 shares during the last quarter. 82.01% of the stock is currently owned by hedge funds and other institutional investors.

Stifel Financial Price Performance

Shares of SF stock opened at $98.49 on Tuesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.82 and a quick ratio of 0.78. The company has a market capitalization of $10.12 billion, a PE ratio of 15.78 and a beta of 1.07. The firm's 50-day moving average is $90.19 and its two-hundred day moving average is $102.88. Stifel Financial Corp. has a 12 month low of $73.27 and a 12 month high of $120.64.

Stifel Financial (NYSE:SF - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The financial services provider reported $0.49 EPS for the quarter, missing analysts' consensus estimates 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 14.00% and a return on equity of 16.59%. The company's revenue was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.49 earnings per share. Analysts predict that Stifel Financial Corp. will post 8.26 earnings per share for the current year.

Stifel Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Monday, June 2nd will be paid a dividend of $0.46 per share. The ex-dividend date is Monday, June 2nd. This represents a $1.84 annualized dividend and a yield of 1.87%. Stifel Financial's dividend payout ratio (DPR) is 35.18%.

Analysts Set New Price Targets

SF has been the topic of several research reports. 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 research report on Thursday, April 24th. 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. JPMorgan Chase & Co. dropped their target price on shares of Stifel Financial from $123.00 to $100.00 and set a "neutral" rating for the company in a report on Friday, April 11th. Citigroup decreased their price target on shares of Stifel Financial from $125.00 to $105.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 2nd. Finally, The Goldman Sachs Group dropped their price objective on shares of Stifel Financial from $121.00 to $105.00 and set a "neutral" rating for the company in a research note on Thursday, April 3rd. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, Stifel Financial presently has an average rating of "Hold" and a consensus 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.

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