Nomura Holdings Inc. Takes $1.44 Million Position in Stifel Financial Corp. (NYSE:SF)

Nomura Holdings Inc. acquired a new position in Stifel Financial Corp. (NYSE:SF - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 13,581 shares of the financial services provider's stock, valued at approximately $1,441,000.

A number of other institutional investors have also added to or reduced their stakes in SF. Norges Bank bought a new position in shares of Stifel Financial in the fourth quarter valued at approximately $137,448,000. FMR LLC boosted its position in Stifel Financial by 8.5% in the fourth quarter. FMR LLC now owns 8,628,832 shares of the financial services provider's stock worth $915,346,000 after purchasing an additional 672,420 shares during the last quarter. Wellington Management Group LLP boosted its position in Stifel Financial by 32.2% in the fourth quarter. Wellington Management Group LLP now owns 2,588,964 shares of the financial services provider's stock worth $274,637,000 after purchasing an additional 630,255 shares during the last quarter. Walleye Capital LLC grew its stake in Stifel Financial by 477.9% in the 4th quarter. Walleye Capital LLC now owns 238,945 shares of the financial services provider's stock valued at $25,347,000 after purchasing an additional 197,598 shares during the period. Finally, Invesco Ltd. increased its position in shares of Stifel Financial by 18.2% during the 4th quarter. Invesco Ltd. now owns 1,207,465 shares of the financial services provider's stock valued at $128,088,000 after purchasing an additional 186,352 shares during the last quarter. 82.01% of the stock is owned by institutional investors.

Stifel Financial Stock Performance

Shares of NYSE SF traded down $0.87 during midday trading on Friday, hitting $93.43. The company's stock had a trading volume of 139,341 shares, compared to its average volume of 681,307. The firm has a market capitalization of $9.60 billion, a price-to-earnings ratio of 14.99 and a beta of 1.07. The company has a current ratio of 0.82, a quick ratio of 0.78 and a debt-to-equity ratio of 0.27. The stock has a fifty day moving average price of $90.22 and a 200 day moving average price of $102.73. Stifel Financial Corp. has a one year low of $73.27 and a one year high of $120.64.

Stifel Financial (NYSE:SF - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.64 by ($1.15). The business had revenue of $1.26 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.49 EPS. On average, research analysts forecast that Stifel Financial Corp. will post 8.26 EPS for the current fiscal year.

Stifel Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Investors 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 dividend on an annualized basis and a dividend yield of 1.97%. Stifel Financial's payout ratio is 35.18%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on SF shares. Wolfe Research raised shares of Stifel Financial from a "peer perform" rating to an "outperform" rating and set a $108.00 price target on the stock in a report on Thursday, April 24th. Wells Fargo & Company dropped 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. The Goldman Sachs Group decreased their price target 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. UBS Group lifted their price target on shares of Stifel Financial from $116.00 to $120.00 and gave the stock a "neutral" rating in a report on Monday, February 3rd. Finally, JMP Securities reduced their price objective on Stifel Financial from $135.00 to $120.00 and set a "market outperform" rating for the company in a report on Tuesday, April 8th. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Stifel Financial has a consensus rating of "Hold" and a consensus 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.