Schonfeld Strategic Advisors LLC Grows Stock Holdings in Stifel Financial Corp. (NYSE:SF)

Schonfeld Strategic Advisors LLC increased its position in shares of Stifel Financial Corp. (NYSE:SF - Free Report) by 159.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 74,449 shares of the financial services provider's stock after purchasing an additional 45,775 shares during the quarter. Schonfeld Strategic Advisors LLC owned approximately 0.07% of Stifel Financial worth $7,898,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in SF. Barclays PLC raised its position in shares of Stifel Financial by 62.2% in the third quarter. Barclays PLC now owns 107,397 shares of the financial services provider's stock valued at $10,086,000 after buying an additional 41,171 shares during the last quarter. Tidal Investments LLC raised its holdings in Stifel Financial by 13.7% in the 3rd quarter. Tidal Investments LLC now owns 3,877 shares of the financial services provider's stock valued at $364,000 after acquiring an additional 467 shares during the last quarter. Franklin Resources Inc. lifted its stake in Stifel Financial by 9.7% in the 3rd quarter. Franklin Resources Inc. now owns 44,113 shares of the financial services provider's stock worth $4,336,000 after purchasing an additional 3,887 shares in the last quarter. Versant Capital Management Inc lifted its stake in Stifel Financial by 46.5% in the 4th quarter. Versant Capital Management Inc now owns 457 shares of the financial services provider's stock worth $48,000 after purchasing an additional 145 shares in the last quarter. Finally, GAMMA Investing LLC grew its position in shares of Stifel Financial by 78.9% in the fourth quarter. GAMMA Investing LLC now owns 900 shares of the financial services provider's stock valued at $95,000 after purchasing an additional 397 shares in the last quarter. 82.01% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

SF has been the topic of a number of recent research reports. StockNews.com raised Stifel Financial from a "hold" rating to a "buy" rating in a research note on Thursday, March 6th. The Goldman Sachs Group lowered their price objective on Stifel Financial from $121.00 to $105.00 and set a "neutral" rating for the company in a research report on Thursday, April 3rd. JMP Securities lowered their price target 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. Wolfe Research upgraded shares of Stifel Financial from a "peer perform" rating to an "outperform" rating and set a $108.00 price objective on the stock in a report on Thursday, April 24th. Finally, TD Cowen dropped their price target on shares of Stifel Financial from $124.00 to $84.00 and set a "hold" rating for the company in a research report on Wednesday, April 9th. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $105.50.

Stifel Financial Trading Down 0.4 %

NYSE SF traded down $0.37 during trading on Monday, hitting $89.04. The stock had a trading volume of 543,201 shares, compared to its average volume of 678,999. The company has a quick ratio of 0.78, a current ratio of 0.82 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $9.17 billion, a PE ratio of 14.27 and a beta of 1.00. The firm has a 50 day moving average price of $91.25 and a 200 day moving average price of $103.52. Stifel Financial Corp. has a twelve month low of $73.27 and a twelve month high of $120.64.

Stifel Financial (NYSE:SF - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The financial services provider reported $0.49 earnings per share for the quarter, missing analysts' consensus estimates of $1.64 by ($1.15). The business had revenue of $1.26 billion during the quarter, compared to analyst estimates 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 for the quarter was up 7.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.49 EPS. As a group, equities research analysts forecast that Stifel Financial Corp. will post 8.26 earnings per share for the current year.

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.