Stifel Financial Corporation (NYSE:SF) Director Frederick O. Hanser sold 4,000 shares of Stifel Financial Corporation stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $50.00, for a total transaction of $200,000.00. Following the sale, the director now directly owns 33,255 shares in the company, valued at approximately $1,662,750. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Stifel Financial Corporation (NYSE:SF) opened at 50.66 on Wednesday. The stock has a market capitalization of $3.47 billion, a PE ratio of 26.15 and a beta of 1.71. Stifel Financial Corporation has a one year low of $35.63 and a one year high of $56.62. The firm has a 50-day moving average of $47.15 and a 200 day moving average of $48.76.

Stifel Financial Corporation (NYSE:SF) last released its quarterly earnings results on Monday, July 31st. The financial services provider reported $0.90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $0.14. Stifel Financial Corporation had a net margin of 6.03% and a return on equity of 9.40%. The business had revenue of $725.60 million for the quarter, compared to analysts’ expectations of $689.67 million. During the same period last year, the business earned $0.69 EPS. The company’s revenue was up 11.3% compared to the same quarter last year. On average, equities research analysts anticipate that Stifel Financial Corporation will post $3.43 earnings per share for the current fiscal year.

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Several hedge funds have recently added to or reduced their stakes in SF. BlackRock Inc. boosted its stake in Stifel Financial Corporation by 17,220.8% in the first quarter. BlackRock Inc. now owns 7,133,557 shares of the financial services provider’s stock worth $358,032,000 after buying an additional 7,092,372 shares in the last quarter. Columbus Circle Investors purchased a new stake in Stifel Financial Corporation during the first quarter worth $25,298,000. Norges Bank purchased a new stake in Stifel Financial Corporation during the fourth quarter worth $22,377,000. Vanguard Group Inc. boosted its stake in Stifel Financial Corporation by 7.9% in the first quarter. Vanguard Group Inc. now owns 5,376,492 shares of the financial services provider’s stock worth $269,846,000 after buying an additional 392,199 shares in the last quarter. Finally, Hodges Capital Management Inc. boosted its stake in Stifel Financial Corporation by 338.9% in the second quarter. Hodges Capital Management Inc. now owns 307,230 shares of the financial services provider’s stock worth $14,126,000 after buying an additional 237,230 shares in the last quarter. Institutional investors and hedge funds own 86.19% of the company’s stock.

A number of brokerages have recently weighed in on SF. Zacks Investment Research lowered shares of Stifel Financial Corporation from a “buy” rating to a “sell” rating in a research note on Tuesday, May 16th. BidaskClub raised shares of Stifel Financial Corporation from a “hold” rating to a “buy” rating in a research note on Thursday, August 3rd. Nomura reissued a “neutral” rating on shares of Stifel Financial Corporation in a research note on Tuesday, May 23rd. TheStreet raised shares of Stifel Financial Corporation from a “c+” rating to a “b” rating in a research note on Monday, July 31st. Finally, Wells Fargo & Company reissued a “market perform” rating and set a $50.00 price objective (down previously from $54.00) on shares of Stifel Financial Corporation in a research note on Monday, June 12th. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $53.33.

About Stifel Financial Corporation

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 Corporation (NYSE:SF)

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