Quantbot Technologies LP lifted its holdings in shares of Stifel Financial Corp (NYSE:SF) by 31.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,765 shares of the financial services provider’s stock after buying an additional 2,356 shares during the quarter. Quantbot Technologies LP’s holdings in Stifel Financial were worth $500,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of SF. Stratos Wealth Partners LTD. acquired a new stake in shares of Stifel Financial during the 3rd quarter worth approximately $133,000. First Republic Investment Management Inc. acquired a new stake in shares of Stifel Financial during the 2nd quarter worth approximately $220,000. Point72 Hong Kong Ltd acquired a new stake in shares of Stifel Financial during the 2nd quarter worth approximately $225,000. MML Investors Services LLC acquired a new stake in shares of Stifel Financial during the 3rd quarter worth approximately $241,000. Finally, Commonwealth Bank of Australia acquired a new stake in shares of Stifel Financial during the 3rd quarter worth approximately $322,000. Institutional investors own 85.75% of the company’s stock.

Shares of NYSE SF opened at $45.37 on Friday. The company has a market cap of $3.31 billion, a P/E ratio of 8.86, a PEG ratio of 1.11 and a beta of 1.86. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.92. Stifel Financial Corp has a 52-week low of $42.51 and a 52-week high of $68.76.

Stifel Financial (NYSE:SF) last issued its quarterly earnings data on Tuesday, October 30th. The financial services provider reported $1.35 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.34 by $0.01. The firm had revenue of $738.34 million during the quarter, compared to analysts’ expectations of $764.90 million. Stifel Financial had a net margin of 9.16% and a return on equity of 14.99%. The business’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.89 earnings per share. As a group, equities research analysts predict that Stifel Financial Corp will post 5.2 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 17th. Investors of record on Monday, December 3rd will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date of this dividend is Friday, November 30th. Stifel Financial’s dividend payout ratio is currently 12.03%.

In related news, Director Frederick O. Hanser sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, September 17th. The shares were sold at an average price of $54.42, for a total transaction of $544,200.00. Following the completion of the transaction, the director now owns 40,905 shares in the company, valued at $2,226,050.10. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Michael J. Zimmerman acquired 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 7th. The shares were purchased at an average price of $48.39 per share, with a total value of $241,950.00. Following the acquisition, the director now owns 10,694 shares of the company’s stock, valued at approximately $517,482.66. The disclosure for this purchase can be found here. 3.86% of the stock is currently owned by insiders.

Several equities research analysts have recently commented on SF shares. Wolfe Research started coverage on shares of Stifel Financial in a research report on Tuesday, September 25th. They set a “market perform” rating and a $63.00 price target for the company. Zacks Investment Research upgraded shares of Stifel Financial from a “sell” rating to a “hold” rating in a research report on Friday, November 2nd. ValuEngine cut shares of Stifel Financial from a “hold” rating to a “sell” rating in a research report on Tuesday, September 18th. Goldman Sachs Group started coverage on shares of Stifel Financial in a research report on Tuesday, November 27th. They set a “neutral” rating and a $56.00 price target for the company. Finally, Wells Fargo & Co lowered their price target on shares of Stifel Financial from $61.00 to $49.00 and set an “outperform” rating for the company in a research report on Wednesday, October 31st. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $62.00.

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Stifel Financial Company Profile

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, the United Kingdom, and rest of Europe. The company operates through three segments: Global Wealth Management, Institutional Group, and Other.

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Institutional Ownership by Quarter for Stifel Financial (NYSE:SF)

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