Two Sigma Advisers LP Makes New Investment in Stifel Financial Corp. (NYSE:SF)

Two Sigma Advisers LP acquired a new stake in Stifel Financial Corp. (NYSE:SF - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,138 shares of the financial services provider's stock, valued at approximately $2,136,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Barclays PLC raised its stake in Stifel Financial by 62.2% in the 3rd quarter. Barclays PLC now owns 107,397 shares of the financial services provider's stock valued at $10,086,000 after purchasing an additional 41,171 shares during the last quarter. V Square Quantitative Management LLC purchased a new stake in shares of Stifel Financial during the fourth quarter worth about $26,000. Janney Montgomery Scott LLC purchased a new stake in shares of Stifel Financial during the fourth quarter worth about $849,000. FORA Capital LLC acquired a new position in shares of Stifel Financial in the fourth quarter valued at approximately $672,000. Finally, Fisher Asset Management LLC lifted its stake in shares of Stifel Financial by 5.2% during the fourth quarter. Fisher Asset Management LLC now owns 1,540,584 shares of the financial services provider's stock valued at $163,425,000 after buying an additional 76,163 shares during the period. 82.01% of the stock is currently owned by hedge funds and other institutional investors.

Stifel Financial Trading Down 1.3%

Stifel Financial stock traded down $1.20 during midday trading on Monday, reaching $93.02. The stock had a trading volume of 338,612 shares, compared to its average volume of 675,137. The stock's 50-day simple moving average is $89.50 and its 200 day simple moving average is $101.59. Stifel Financial Corp. has a twelve month low of $73.27 and a twelve month high of $120.64. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.78 and a current ratio of 0.82. The stock has a market capitalization of $9.56 billion, a PE ratio of 14.91 and a beta of 1.07.

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). Stifel Financial had a return on equity of 16.59% and a net margin of 14.00%. The firm had revenue of $1.26 billion during the quarter, compared to analysts' expectations of $1.32 billion. During the same quarter last year, the business earned $1.49 earnings per share. The business's revenue for the quarter was up 7.9% compared to the same quarter last year. Analysts expect that Stifel Financial Corp. will post 8.26 EPS for the current year.

Stifel Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Monday, June 2nd will be issued a $0.46 dividend. The ex-dividend date is Monday, June 2nd. This represents a $1.84 annualized dividend and a yield of 1.98%. Stifel Financial's payout ratio is 35.18%.

Analysts Set New Price Targets

Several research firms have commented on SF. UBS Group lifted their target price 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. Wells Fargo & Company lowered their price objective on Stifel Financial from $106.00 to $102.00 and set an "overweight" rating for the company in a research report on Thursday, April 24th. Wall Street Zen upgraded Stifel Financial from a "hold" rating to a "buy" rating in a research note on Thursday, March 6th. JPMorgan Chase & Co. reduced their target price on Stifel Financial from $123.00 to $100.00 and set a "neutral" rating on the stock in a research report on Friday, April 11th. Finally, The Goldman Sachs Group lowered their price target on Stifel Financial from $121.00 to $105.00 and set a "neutral" rating for the company in a report on Thursday, April 3rd. Five equities research 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 presently has an average rating of "Hold" and a consensus price target of $105.50.

Stifel Financial 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.