Stifel Financial (NYSE:SF) Upgraded at Wall Street Zen

by · The Cerbat Gem

Wall Street Zen upgraded shares of Stifel Financial (NYSE:SF – Free Report) from a sell rating to a hold rating in a report released on Sunday morning.

A number of other equities analysts have also weighed in on SF. Wells Fargo & Company lifted their price objective on Stifel Financial from $102.00 to $125.00 and gave the company an “overweight” rating in a research note on Friday, July 11th. Stifel Nicolaus set a $135.00 target price on Stifel Financial in a report on Thursday, July 31st. JPMorgan Chase & Co. decreased their price target on Stifel Financial from $123.00 to $100.00 and set a “neutral” rating for the company in a report on Friday, April 11th. TD Cowen lowered their price objective on Stifel Financial from $124.00 to $84.00 and set a “hold” rating on the stock in a research report on Wednesday, April 9th. Finally, Wolfe Research raised shares of Stifel Financial from a “peer perform” rating to an “outperform” rating and set a $108.00 target price for the company in a report on Thursday, April 24th. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, Stifel Financial currently has a consensus rating of “Hold” and a consensus price target of $115.78.

Get Our Latest Analysis on SF

Stifel Financial Price Performance

Shares of NYSE:SF opened at $112.28 on Friday. Stifel Financial has a twelve month low of $73.27 and a twelve month high of $120.64. The company has a current ratio of 0.81, a quick ratio of 0.77 and a debt-to-equity ratio of 0.28. The company has a market cap of $11.53 billion, a PE ratio of 21.76 and a beta of 1.11. The company’s 50 day moving average is $103.87 and its 200 day moving average is $99.89.

Stifel Financial (NYSE:SF – Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The financial services provider reported $1.71 EPS for the quarter, beating the consensus estimate of $1.65 by $0.06. Stifel Financial had a net margin of 11.90% and a return on equity of 13.93%. The business had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same period in the prior year, the firm earned $1.60 EPS. The business’s revenue for the quarter was up 5.4% on a year-over-year basis. On average, sell-side analysts forecast that Stifel Financial will post 8.26 EPS for the current year.

Insider Transactions at Stifel Financial

In other news, Director Michael J. Zimmerman sold 10,000 shares of the business’s stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $96.69, for a total transaction of $966,900.00. Following the completion of the sale, the director owned 45,833 shares of the company’s stock, valued at $4,431,592.77. The trade was a 17.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 4.57% of the company’s stock.

Institutional Investors Weigh In On Stifel Financial

Institutional investors have recently bought and sold shares of the company. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Stifel Financial in the first quarter valued at about $361,000. Sumitomo Mitsui Trust Group Inc. purchased a new position in shares of Stifel Financial in the first quarter worth about $1,648,000. GAMMA Investing LLC lifted its stake in shares of Stifel Financial by 401.0% in the first quarter. GAMMA Investing LLC now owns 4,509 shares of the financial services provider’s stock worth $425,000 after buying an additional 3,609 shares in the last quarter. Stratos Wealth Partners LTD. lifted its stake in shares of Stifel Financial by 3.0% in the first quarter. Stratos Wealth Partners LTD. now owns 4,328 shares of the financial services provider’s stock worth $408,000 after buying an additional 127 shares in the last quarter. Finally, Whitener Capital Management Inc. purchased a new position in shares of Stifel Financial in the first quarter worth about $436,000. 82.01% of the stock is currently owned by institutional investors and hedge funds.

Stifel Financial Company Profile

(Get Free Report)

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.

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