Insider Selling: Stifel Financial Corporation (NYSE:SF) VP Sells 5,000 Shares of Stock

Stifel Financial Corporation (NYSE:SF) VP Mark P. Fisher sold 5,000 shares of the business’s stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $52.30, for a total transaction of $261,500.00. Following the sale, the vice president now directly owns 21,369 shares of the company’s stock, valued at approximately $1,117,598.70. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Shares of Stifel Financial Corporation (NYSE SF) traded down $0.08 during trading hours on Wednesday, hitting $58.28. 307,540 shares of the company traded hands, compared to its average volume of 422,938. The company has a current ratio of 0.67, a quick ratio of 0.61 and a debt-to-equity ratio of 0.68. The stock has a market cap of $4,114.88, a P/E ratio of 18.72, a PEG ratio of 1.45 and a beta of 1.70. Stifel Financial Corporation has a fifty-two week low of $41.93 and a fifty-two week high of $60.92.

Stifel Financial (NYSE:SF) last released its quarterly earnings data on Monday, October 30th. The financial services provider reported $0.89 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.83 by $0.06. The firm had revenue of $721.20 million for the quarter, compared to analyst estimates of $701.12 million. Stifel Financial had a net margin of 7.61% and a return on equity of 9.78%. The company’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.69 EPS. sell-side analysts predict that Stifel Financial Corporation will post 3.45 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be paid a $0.10 dividend. The ex-dividend date is Thursday, November 30th. This represents a $0.40 annualized dividend and a yield of 0.69%. Stifel Financial’s dividend payout ratio is presently 15.94%.

Several institutional investors and hedge funds have recently made changes to their positions in SF. AQR Capital Management LLC acquired a new position in shares of Stifel Financial during the 1st quarter worth $992,000. Capstone Asset Management Co. increased its stake in shares of Stifel Financial by 12.1% during the 2nd quarter. Capstone Asset Management Co. now owns 7,690 shares of the financial services provider’s stock worth $354,000 after purchasing an additional 830 shares during the last quarter. Oregon Public Employees Retirement Fund increased its stake in shares of Stifel Financial by 9.3% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 25,330 shares of the financial services provider’s stock worth $1,165,000 after purchasing an additional 2,151 shares during the last quarter. LS Investment Advisors LLC increased its stake in shares of Stifel Financial by 16.6% during the 2nd quarter. LS Investment Advisors LLC now owns 5,369 shares of the financial services provider’s stock worth $247,000 after purchasing an additional 765 shares during the last quarter. Finally, Nisa Investment Advisors LLC increased its stake in shares of Stifel Financial by 1.5% during the 2nd quarter. Nisa Investment Advisors LLC now owns 9,920 shares of the financial services provider’s stock worth $429,000 after purchasing an additional 150 shares during the last quarter. Institutional investors own 88.58% of the company’s stock.

Several research analysts have commented on the stock. Wells Fargo & Company upgraded shares of Stifel Financial from a “market perform” rating to an “outperform” rating and upped their target price for the stock from $56.00 to $64.00 in a research report on Friday, December 1st. Nomura upped their price target on shares of Stifel Financial from $56.00 to $58.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 31st. Zacks Investment Research raised shares of Stifel Financial from a “hold” rating to a “buy” rating and set a $61.00 price target for the company in a research note on Thursday, October 5th. JMP Securities reaffirmed a “neutral” rating on shares of Stifel Financial in a research note on Friday, August 18th. Finally, BidaskClub lowered shares of Stifel Financial from a “buy” rating to a “hold” rating in a research note on Friday, August 18th. Six analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $58.67.

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About Stifel Financial

Stifel Financial Corp. is a financial holding company. Its principal subsidiary is Stifel, Nicolaus & Company, Incorporated, a retail and institutional wealth management and investment banking firm. It operates through three segments: Global Wealth Management, Institutional Group and Other. The Global Wealth Management segment consists of the Private Client Group and Stifel Bank businesses.

Insider Buying and Selling by Quarter for Stifel Financial (NYSE:SF)

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