Stifel Financial Corp (NYSE:SF) Director James M. Oates sold 20,000 shares of the stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $58.61, for a total value of $1,172,200.00. Following the completion of the transaction, the director now owns 17,397 shares in the company, valued at approximately $1,019,638.17. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of SF traded up $0.54 on Friday, reaching $59.46. 807,670 shares of the company’s stock traded hands, compared to its average volume of 449,218. The company has a current ratio of 0.72, a quick ratio of 0.68 and a debt-to-equity ratio of 0.70. The company has a market capitalization of $4.21 billion, a price-to-earnings ratio of 11.26, a PEG ratio of 1.72 and a beta of 1.88. Stifel Financial Corp has a 52-week low of $38.39 and a 52-week high of $61.93.

Stifel Financial (NYSE:SF) last issued its quarterly earnings results on Tuesday, April 30th. The financial services provider reported $1.32 EPS for the quarter, beating the Zacks’ consensus estimate of $1.21 by $0.11. The company had revenue of $770.40 million during the quarter, compared to the consensus estimate of $745.21 million. Stifel Financial had a return on equity of 14.77% and a net margin of 13.28%. Stifel Financial’s revenue was up 2.7% on a year-over-year basis. During the same period last year, the business posted $1.15 earnings per share. As a group, equities research analysts predict that Stifel Financial Corp will post 5.7 earnings per share for the current year.

Several research analysts have issued reports on the company. Goldman Sachs Group upgraded Stifel Financial from a “neutral” rating to a “buy” rating and increased their price target for the stock from $55.00 to $70.00 in a report on Thursday. JMP Securities increased their price target on Stifel Financial from $61.00 to $65.00 and gave the stock a “market outperform” rating in a report on Monday, April 8th. Zacks Investment Research lowered Stifel Financial from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 4th. ValuEngine upgraded Stifel Financial from a “sell” rating to a “hold” rating in a report on Friday, March 1st. Finally, TheStreet upgraded Stifel Financial from a “c+” rating to a “b-” rating in a report on Tuesday, February 5th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $62.20.

Institutional investors and hedge funds have recently modified their holdings of the stock. Nisa Investment Advisors LLC increased its position in Stifel Financial by 5.3% in the first quarter. Nisa Investment Advisors LLC now owns 4,000 shares of the financial services provider’s stock worth $211,000 after buying an additional 200 shares during the last quarter. Shine Investment Advisory Services Inc. increased its position in Stifel Financial by 50.6% in the first quarter. Shine Investment Advisory Services Inc. now owns 661 shares of the financial services provider’s stock worth $35,000 after buying an additional 222 shares during the last quarter. Oppenheimer Asset Management Inc. increased its position in Stifel Financial by 1.3% in the first quarter. Oppenheimer Asset Management Inc. now owns 31,808 shares of the financial services provider’s stock worth $1,679,000 after buying an additional 396 shares during the last quarter. Trillium Asset Management LLC increased its position in Stifel Financial by 1.0% in the first quarter. Trillium Asset Management LLC now owns 44,439 shares of the financial services provider’s stock worth $2,345,000 after buying an additional 432 shares during the last quarter. Finally, Bbva Compass Bancshares Inc. grew its position in shares of Stifel Financial by 4.5% in the first quarter. Bbva Compass Bancshares Inc. now owns 11,357 shares of the financial services provider’s stock valued at $600,000 after purchasing an additional 484 shares in the last quarter. 87.09% of the stock is owned by institutional investors.

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

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