Stifel Financial (NYSE:SF) Earns "Hold (C+)" Rating from Weiss Ratings

Key Points

• Stifel Financial has received a "Hold (C+)" rating from Weiss Ratings, indicating cautious optimism from equities researchers.
• Recent price targets for Stifel Financial have been set between $121.00 and $135.00 by various brokerages, with an overall consensus rating of "Moderate Buy" and a target price of $125.90.
• The company reported earnings of $1.95 per share for the last quarter, exceeding estimates, with a revenue increase of 16.7% compared to the previous year.

Stifel Financial (NYSE:SF - Get Free Report)'s stock had its "hold (c+)" rating restated by equities researchers at Weiss Ratings in a note issued to investors on Friday,Weiss Ratings reports.

Several other brokerages have also issued reports on SF. UBS Group set a $135.00 price objective on Stifel Financial in a research report on Thursday, October 9th. JMP Securities upped their price target on Stifel Financial from $130.00 to $135.00 and gave the stock a "market outperform" rating in a research report on Thursday, October 9th. Wells Fargo & Company upped their price target on Stifel Financial from $102.00 to $125.00 and gave the stock an "overweight" rating in a research report on Friday, July 11th. Wall Street Zen raised Stifel Financial from a "sell" rating to a "hold" rating in a research report on Sunday, August 3rd. Finally, BMO Capital Markets assumed coverage on Stifel Financial in a research report on Friday, October 3rd. They set a "market perform" rating and a $121.00 price target for the company. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $125.90.

Stifel Financial Price Performance

Shares of SF opened at $117.77 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.77 and a current ratio of 0.82. The stock has a 50 day simple moving average of $113.31 and a 200 day simple moving average of $103.91. Stifel Financial has a 52-week low of $73.27 and a 52-week high of $120.64. The firm has a market capitalization of $12.03 billion, a PE ratio of 20.81 and a beta of 1.13.

Stifel Financial (NYSE:SF - Get Free Report) last issued its quarterly earnings data on Wednesday, October 22nd. The financial services provider reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.89 by $0.06. Stifel Financial had a return on equity of 15.06% and a net margin of 12.44%.The business had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.33 billion. During the same period in the previous year, the firm earned $1.50 EPS. Stifel Financial's quarterly revenue was up 16.7% compared to the same quarter last year. Sell-side analysts predict that Stifel Financial will post 8.26 EPS for the current fiscal year.

Institutional Investors Weigh In On Stifel Financial

Large investors have recently made changes to their positions in the stock. SJS Investment Consulting Inc. boosted its holdings in shares of Stifel Financial by 2,383.3% in the 3rd quarter. SJS Investment Consulting Inc. now owns 298 shares of the financial services provider's stock valued at $34,000 after buying an additional 286 shares during the last quarter. HM Payson & Co. acquired a new stake in shares of Stifel Financial in the 3rd quarter valued at approximately $37,000. Allworth Financial LP raised its stake in Stifel Financial by 67.7% in the 1st quarter. Allworth Financial LP now owns 337 shares of the financial services provider's stock valued at $29,000 after acquiring an additional 136 shares during the period. Hantz Financial Services Inc. raised its stake in Stifel Financial by 5,528.6% in the 2nd quarter. Hantz Financial Services Inc. now owns 394 shares of the financial services provider's stock valued at $41,000 after acquiring an additional 387 shares during the period. Finally, Caldwell Trust Co bought a new stake in Stifel Financial in the 2nd quarter valued at $47,000. Institutional investors and hedge funds own 82.01% of the company's stock.

About Stifel Financial

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.