Vanguard Group Inc. Trims Stake in Stifel Financial Corporation $SF

Key Points

• Vanguard Group trimmed its stake in Stifel Financial by 4.1% in Q4, selling 405,997 shares and leaving it with 9,590,884 shares—about 9.42% ownership valued at roughly $1.20 billion.
• Stifel recently reported quarterly EPS of $1.45 (beating estimates by $0.06) but missed revenue expectations at $1.44 billion; revenue was up 17.7% year‑over‑year and the firm showed strong profitability (ROE 18.95%, net margin 15.34%).
• Analysts are mixed but generally positive: the consensus rating is a “Moderate Buy” with an average target of $91.15, though several firms have recently adjusted their price targets both downward and upward.

Vanguard Group Inc. lessened its position in Stifel Financial Corporation (NYSE:SF - Free Report) by 4.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,590,884 shares of the financial services provider's stock after selling 405,997 shares during the quarter. Vanguard Group Inc. owned approximately 9.42% of Stifel Financial worth $1,200,970,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. AEGON ASSET MANAGEMENT UK Plc boosted its stake in shares of Stifel Financial by 32.2% during the 3rd quarter. AEGON ASSET MANAGEMENT UK Plc now owns 184,047 shares of the financial services provider's stock valued at $20,876,000 after buying an additional 44,844 shares during the period. CWM LLC increased its stake in shares of Stifel Financial by 127.4% in the third quarter. CWM LLC now owns 29,654 shares of the financial services provider's stock worth $3,365,000 after acquiring an additional 16,616 shares during the last quarter. Algebris UK Ltd. raised its holdings in shares of Stifel Financial by 136.8% during the third quarter. Algebris UK Ltd. now owns 246,198 shares of the financial services provider's stock worth $27,915,000 after acquiring an additional 142,223 shares in the last quarter. Verdence Capital Advisors LLC purchased a new stake in shares of Stifel Financial during the third quarter worth $4,019,000. Finally, Moran Wealth Management LLC boosted its position in Stifel Financial by 22.1% during the third quarter. Moran Wealth Management LLC now owns 133,462 shares of the financial services provider's stock valued at $15,144,000 after purchasing an additional 24,118 shares during the last quarter. 82.01% of the stock is currently owned by institutional investors.

Stifel Financial Price Performance

NYSE SF opened at $77.07 on Friday. Stifel Financial Corporation has a fifty-two week low of $58.24 and a fifty-two week high of $89.83. The stock's 50-day moving average is $75.25 and its two-hundred day moving average is $79.81. The firm has a market cap of $11.93 billion, a P/E ratio of 14.99 and a beta of 1.05. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.84 and a quick ratio of 0.80.

Stifel Financial (NYSE:SF - Get Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The financial services provider reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.39 by $0.06. The company had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.51 billion. Stifel Financial had a return on equity of 18.95% and a net margin of 15.34%.The firm's revenue was up 17.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.49 EPS. On average, analysts anticipate that Stifel Financial Corporation will post 6.25 earnings per share for the current fiscal year.

Analyst Ratings Changes

SF has been the topic of a number of recent research reports. UBS Group dropped their target price on Stifel Financial from $100.00 to $89.00 and set a "buy" rating on the stock in a research report on Wednesday, April 8th. TD Cowen reduced their price target on Stifel Financial from $136.00 to $92.00 and set a "hold" rating for the company in a report on Monday, March 23rd. Citizens Jmp boosted their price target on Stifel Financial from $93.33 to $103.33 and gave the company a "market outperform" rating in a research note on Monday, January 12th. Zacks Research downgraded Stifel Financial from a "hold" rating to a "strong sell" rating in a report on Tuesday, April 21st. Finally, Weiss Ratings raised shares of Stifel Financial from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, March 2nd. Six investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $91.15.

Insider Transactions at Stifel Financial

In other Stifel Financial news, insider David Rubulotta sold 600 shares of the company's stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $82.87, for a total transaction of $49,724.00. Following the completion of the sale, the insider owned 1,488 shares of the company's stock, valued at $123,315.52. This represents a 28.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 3.28% of the stock is owned by insiders.

About Stifel Financial

Stifel Financial Corp. is a diversified financial services holding company headquartered in St. Louis, Missouri. Founded in 1890, the firm has grown into a full‐service brokerage and investment banking organization serving individual investors, corporations and institutions. Through its principal subsidiary, Stifel, Nicolaus & Company, Incorporated, the company delivers a broad array of financial products and services backed by research‐driven insights.

The firm's main business activities are organized into two core segments: Private Client Group and Institutional Group.

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