Fuller & Thaler Asset Management Inc. Sells 463,857 Shares of Stifel Financial Corp. (NYSE:SF)

Fuller & Thaler Asset Management Inc. trimmed its stake in shares of Stifel Financial Corp. (NYSE:SF - Free Report) by 26.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,301,801 shares of the financial services provider's stock after selling 463,857 shares during the quarter. Fuller & Thaler Asset Management Inc. owned 1.27% of Stifel Financial worth $138,095,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Barclays PLC lifted its holdings in Stifel Financial by 62.2% during the third quarter. Barclays PLC now owns 107,397 shares of the financial services provider's stock worth $10,086,000 after acquiring an additional 41,171 shares in the last quarter. TT International Asset Management LTD acquired a new position in Stifel Financial during the fourth quarter valued at approximately $2,759,000. V Square Quantitative Management LLC acquired a new stake in shares of Stifel Financial in the 4th quarter valued at approximately $26,000. Park Avenue Securities LLC grew its holdings in Stifel Financial by 31.1% during the fourth quarter. Park Avenue Securities LLC now owns 18,584 shares of the financial services provider's stock worth $1,971,000 after purchasing an additional 4,413 shares during the period. Finally, Janney Montgomery Scott LLC bought a new stake in Stifel Financial in the fourth quarter valued at approximately $849,000. 82.01% of the stock is currently owned by institutional investors.

Stifel Financial Stock Down 0.8 %

NYSE SF traded down $0.68 during mid-day trading on Monday, reaching $85.09. The stock had a trading volume of 248,412 shares, compared to its average volume of 679,072. The company has a fifty day moving average price of $93.19 and a 200 day moving average price of $103.98. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.82 and a quick ratio of 0.78. Stifel Financial Corp. has a 1 year low of $73.27 and a 1 year high of $120.64. The stock has a market cap of $8.83 billion, a PE ratio of 13.65 and a beta of 1.00.

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 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 business had revenue of $1.26 billion for the quarter, compared to analysts' expectations of $1.32 billion. During the same period last year, the business earned $1.49 earnings per share. The company's quarterly revenue was up 7.9% on a year-over-year basis. On average, research analysts expect that Stifel Financial Corp. will post 8.26 earnings per share for the current year.

Stifel Financial Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.46 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is a positive change from Stifel Financial's previous quarterly dividend of $0.42. This represents a $1.84 dividend on an annualized basis and a yield of 2.16%. Stifel Financial's payout ratio is currently 35.18%.

Analyst Upgrades and Downgrades

SF has been the topic of a number of research reports. UBS Group upped their price objective on Stifel Financial from $116.00 to $120.00 and gave the company a "neutral" rating in a report on Monday, February 3rd. Citigroup reduced their price target on shares of Stifel Financial from $125.00 to $105.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 2nd. JPMorgan Chase & Co. decreased their price objective on shares of Stifel Financial from $123.00 to $100.00 and set a "neutral" rating on the stock in a research note on Friday, April 11th. JMP Securities reduced their target price on Stifel Financial from $135.00 to $120.00 and set a "market outperform" rating on the stock in a report on Tuesday, April 8th. Finally, StockNews.com raised Stifel Financial from a "hold" rating to a "buy" rating in a report on Thursday, March 6th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price 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.