Moody Aldrich Partners LLC Has $203,000 Position in Stifel Financial Corporation (NYSE:SF)

Moody Aldrich Partners LLC trimmed its position in shares of Stifel Financial Corporation (NYSE:SF - Free Report) by 64.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,156 shares of the financial services provider's stock after selling 3,937 shares during the period. Moody Aldrich Partners LLC's holdings in Stifel Financial were worth $203,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SF. Hancock Whitney Corp boosted its position in shares of Stifel Financial by 1.3% during the fourth quarter. Hancock Whitney Corp now owns 7,541 shares of the financial services provider's stock worth $800,000 after buying an additional 99 shares during the period. Bessemer Group Inc. raised its stake 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 acquiring an additional 110 shares in the last quarter. Smartleaf Asset Management LLC boosted its position 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 worth $56,000 after acquiring an additional 111 shares during the period. MML Investors Services LLC boosted its position 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 worth $3,040,000 after acquiring an additional 136 shares during the period. Finally, Quadrant Capital Group LLC lifted its holdings in Stifel Financial by 7.2% in the fourth quarter. Quadrant Capital Group LLC now owns 2,060 shares of the financial services provider's stock worth $219,000 after purchasing an additional 138 shares during the period. Institutional investors own 82.01% of the company's stock.

Stifel Financial Price Performance

SF stock traded up $1.85 on Friday, hitting $109.20. 466,965 shares of the company's stock traded hands, compared to its average volume of 685,576. The stock has a market cap of $11.22 billion, a price-to-earnings ratio of 20.88 and a beta of 1.09. Stifel Financial Corporation has a 1-year low of $73.27 and a 1-year high of $120.64. The company has a current ratio of 0.81, a quick ratio of 0.77 and a debt-to-equity ratio of 0.28. The stock has a fifty day moving average of $96.22 and a 200-day moving average of $99.45.

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 for the quarter, missing analysts' consensus estimates of $1.64 by ($1.15). Stifel Financial had a return on equity of 13.88% and a net margin of 12.26%. The company had revenue of $1.26 billion during the quarter, compared to analysts' expectations of $1.32 billion. During the same period in the prior year, the business posted $1.49 EPS. The company's revenue for the quarter was up 7.9% compared to the same quarter last year. On average, analysts forecast that Stifel Financial Corporation will post 8.26 EPS for the current fiscal year.

Stifel Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Monday, June 2nd were paid a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 1.68%. The ex-dividend date of this dividend was Monday, June 2nd. Stifel Financial's dividend payout ratio (DPR) is currently 35.18%.

Insider Activity

In other news, Director Michael J. Zimmerman sold 10,000 shares of Stifel Financial 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 transaction, the director owned 45,833 shares in the company, valued at approximately $4,431,592.77. The trade was 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 the SEC website. 3.28% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Wells Fargo & Company lowered their target price on shares of Stifel Financial from $106.00 to $102.00 and set an "overweight" rating on the stock in a research note on Thursday, April 24th. TD Cowen decreased their price objective on shares of Stifel Financial from $124.00 to $84.00 and set a "hold" rating for the company in a report on Wednesday, April 9th. Citigroup dropped their target price on Stifel Financial from $125.00 to $105.00 and set a "neutral" rating on the stock in a report on Wednesday, April 2nd. Wall Street Zen downgraded Stifel Financial from a "hold" rating to a "sell" rating in a research report on Saturday. Finally, Wolfe Research raised Stifel Financial from a "peer perform" rating to an "outperform" rating and set a $108.00 price target for the company in a research note on Thursday, April 24th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, Stifel Financial has a consensus rating of "Hold" and an average target price 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.