WINTON GROUP Ltd Boosts Holdings in Stifel Financial Corporation $SF

WINTON GROUP Ltd boosted its holdings in Stifel Financial Corporation (NYSE:SF) by 21.4% in the 2nd quarter, HoldingsChannel reports. The firm owned 299,748 shares of the financial services provider’s stock after purchasing an additional 52,778 shares during the quarter. Stifel Financial makes up approximately 0.7% of WINTON GROUP Ltd’s portfolio, making the stock its 19th largest holding. WINTON GROUP Ltd’s holdings in Stifel Financial were worth $20,913,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in SF. Advisory Services Network LLC bought a new stake in shares of Stifel Financial during the third quarter valued at approximately $29,000. Danske Bank A S purchased a new position in shares of Stifel Financial in the second quarter worth $31,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Stifel Financial during the fourth quarter worth $34,000. Keating Financial Advisory Services Inc. bought a new position in shares of Stifel Financial during the second quarter worth $35,000. Finally, JTC Employer Solutions Trustee Ltd grew its stake in Stifel Financial by 49.8% during the first quarter. JTC Employer Solutions Trustee Ltd now owns 481 shares of the financial services provider’s stock valued at $36,000 after acquiring an additional 160 shares in the last quarter. 82.01% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on SF shares. JPMorgan Chase & Co. lifted their price target on shares of Stifel Financial from $80.00 to $86.00 and gave the company a “neutral” rating in a report on Thursday, July 23rd. UBS Group set a $90.00 price objective on shares of Stifel Financial in a report on Thursday, July 23rd. Wall Street Zen lowered Stifel Financial from a “buy” rating to a “hold” rating in a research report on Sunday, August 9th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Stifel Financial in a report on Wednesday, August 26th. Finally, Zacks Research upgraded Stifel Financial from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Five analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $91.90.

Insider Activity

In other news, Director Maryam Brown sold 4,700 shares of the firm’s stock in a transaction that occurred on Thursday, July 23rd. The stock was sold at an average price of $79.20, for a total value of $372,240.00. Following the completion of the sale, the director directly owned 5,729 shares of the company’s stock, valued at $453,736.80. This trade represents a 45.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 3.36% of the stock is owned by insiders.

Stifel Financial Trading Down 0.1%

SF stock opened at $80.66 on Thursday. The firm has a market cap of $12.18 billion, a PE ratio of 14.44 and a beta of 0.98. The firm has a fifty day moving average price of $80.41 and a 200 day moving average price of $76.28. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.83 and a current ratio of 0.88. Stifel Financial Corporation has a fifty-two week low of $67.81 and a fifty-two week high of $89.83.

Stifel Financial (NYSE:SF) last released its quarterly earnings data on Wednesday, July 22nd. The financial services provider reported $1.42 EPS for the quarter, beating the consensus estimate of $1.33 by $0.09. The business had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.42 billion. Stifel Financial had a net margin of 16.11% and a return on equity of 19.22%. Stifel Financial’s quarterly revenue was up 13.0% compared to the same quarter last year. During the same quarter last year, the business earned $1.71 earnings per share. Sell-side analysts anticipate that Stifel Financial Corporation will post 6.36 earnings per share for the current fiscal year.

Stifel Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be given a dividend of $0.34 per share. The ex-dividend date is Tuesday, September 1st. This represents a $1.36 dividend on an annualized basis and a yield of 1.7%. Stifel Financial’s dividend payout ratio is 24.33%.

Stifel Financial Profile

Stifel Financial Corp. is a diversified financial services holding company headquartered in St. Louis, Missouri. Founded in 1890, the firm has grown into a full‐service brokerage and investment banking organization serving individual investors, corporations and institutions. Through its principal subsidiary, Stifel, Nicolaus & Company, Incorporated, the company delivers a broad array of financial products and services backed by research‐driven insights.

The firm’s main business activities are organized into two core segments: Private Client Group and Institutional Group.