Stifel Financial Corporation (NYSE:SF) Director Frederick O. Hanser sold 3,000 shares of the company’s stock in a transaction on Wednesday, November 15th. The shares were sold at an average price of $51.96, for a total transaction of $155,880.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of Stifel Financial Corporation (NYSE:SF) traded down $0.37 on Friday, reaching $52.10. 394,241 shares of the company’s stock traded hands, compared to its average volume of 338,863. The stock has a market cap of $3,540.00, a PE ratio of 16.32, a P/E/G ratio of 1.27 and a beta of 1.70. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 0.68. Stifel Financial Corporation has a fifty-two week low of $41.93 and a fifty-two week high of $56.62.

Stifel Financial Corporation (NYSE:SF) last announced its quarterly earnings results 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 business had revenue of $721.20 million during the quarter, compared to analysts’ expectations of $701.12 million. Stifel Financial Corporation had a net margin of 7.61% and a return on equity of 9.78%. The firm’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 company posted $0.69 EPS. analysts predict that Stifel Financial Corporation will post 3.44 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $0.40 annualized dividend and a yield of 0.77%. Stifel Financial Corporation’s payout ratio is currently 15.94%.

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Hedge funds and other institutional investors have recently modified their holdings of the business. Public Employees Retirement System of Ohio raised its holdings in Stifel Financial Corporation by 5.0% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 2,379 shares of the financial services provider’s stock worth $109,000 after purchasing an additional 113 shares in the last quarter. Cubist Systematic Strategies LLC bought a new position in Stifel Financial Corporation in the 3rd quarter worth $137,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Stifel Financial Corporation by 9.0% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,570 shares of the financial services provider’s stock worth $118,000 after purchasing an additional 212 shares in the last quarter. Pacad Investment Ltd. raised its holdings in Stifel Financial Corporation by 442.9% in the 2nd quarter. Pacad Investment Ltd. now owns 3,800 shares of the financial services provider’s stock worth $175,000 after purchasing an additional 3,100 shares in the last quarter. Finally, Riverhead Capital Management LLC raised its holdings in Stifel Financial Corporation by 91.4% in the 2nd quarter. Riverhead Capital Management LLC now owns 3,827 shares of the financial services provider’s stock worth $176,000 after purchasing an additional 1,827 shares in the last quarter. Institutional investors and hedge funds own 86.64% of the company’s stock.

A number of equities research analysts have recently issued reports on the stock. BidaskClub raised shares of Stifel Financial Corporation from a “hold” rating to a “buy” rating in a research note on Thursday, August 3rd. Zacks Investment Research raised shares of Stifel Financial Corporation from a “sell” rating to a “buy” rating and set a $57.00 price objective for the company in a research note on Thursday, August 3rd. JMP Securities reissued a “neutral” rating on shares of Stifel Financial Corporation in a research report on Friday, August 18th. TheStreet raised shares of Stifel Financial Corporation from a “c+” rating to a “b” rating in a research report on Monday, July 31st. Finally, Nomura increased their price target on shares of Stifel Financial Corporation from $56.00 to $58.00 and gave the company a “neutral” rating in a research report on Tuesday, October 31st. Eight equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $56.33.

Stifel Financial Corporation Company Profile

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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