3,190 Shares in Stifel Financial Corp. (NYSE:SF) Bought by Sherbrooke Park Advisers LLC

Sherbrooke Park Advisers LLC bought a new position in shares of Stifel Financial Corp. (NYSE:SF - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 3,190 shares of the financial services provider's stock, valued at approximately $338,000.

Other hedge funds also recently modified their holdings of the company. V Square Quantitative Management LLC acquired a new stake in shares of Stifel Financial during the 4th quarter worth about $26,000. Bessemer Group Inc. lifted its stake in shares of Stifel Financial by 52.1% during the 4th quarter. Bessemer Group Inc. now owns 321 shares of the financial services provider's stock worth $34,000 after buying an additional 110 shares during the last quarter. Quarry LP acquired a new stake in shares of Stifel Financial during the 4th quarter worth about $49,000. Smartleaf Asset Management LLC raised 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 worth $56,000 after purchasing an additional 111 shares in the last quarter. Finally, Brown Brothers Harriman & Co. raised its stake in Stifel Financial by 84.3% in the 4th quarter. Brown Brothers Harriman & Co. now owns 553 shares of the financial services provider's stock worth $59,000 after purchasing an additional 253 shares in the last quarter. Institutional investors and hedge funds own 82.01% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on SF. TD Cowen dropped their price objective on shares of Stifel Financial from $124.00 to $84.00 and set a "hold" rating for the company in a research note on Wednesday, April 9th. Wall Street Zen upgraded shares of Stifel Financial from a "hold" rating to a "buy" rating in a research note on Thursday, March 6th. JPMorgan Chase & Co. dropped their price objective on shares of Stifel Financial from $123.00 to $100.00 and set a "neutral" rating for the company in a research note on Friday, April 11th. UBS Group lifted their price objective on shares of Stifel Financial from $116.00 to $120.00 and gave the stock a "neutral" rating in a research note on Monday, February 3rd. Finally, Citigroup dropped their price objective on shares of Stifel Financial from $125.00 to $105.00 and set a "neutral" rating for the company in a research note on Wednesday, April 2nd. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Stifel Financial has an average rating of "Hold" and an average target price of $105.50.

Stifel Financial Price Performance

SF stock traded down $1.08 during mid-day trading on Friday, hitting $93.22. The stock had a trading volume of 613,206 shares, compared to its average volume of 684,517. The company has a current ratio of 0.82, a quick ratio of 0.78 and a debt-to-equity ratio of 0.27. Stifel Financial Corp. has a 52 week low of $73.27 and a 52 week high of $120.64. The firm has a market capitalization of $9.58 billion, a P/E ratio of 14.94 and a beta of 1.07. The firm has a fifty day simple moving average of $90.16 and a 200 day simple moving average of $102.57.

Stifel Financial (NYSE:SF - Get Free Report) last released its earnings results on Wednesday, April 23rd. The financial services provider reported $0.49 EPS for the quarter, missing the consensus estimate of $1.64 by ($1.15). Stifel Financial had a net margin of 14.00% and a return on equity of 16.59%. The firm had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same period in the prior year, the business earned $1.49 earnings per share. Stifel Financial's quarterly revenue was up 7.9% compared to the same quarter last year. As a group, research analysts forecast that Stifel Financial Corp. will post 8.26 EPS for the current 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 given a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date of this dividend is Monday, June 2nd. Stifel Financial's dividend payout ratio is 35.18%.

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.