Stifel Financial (NYSE:SF) Upgraded at StockNews.com

Stifel Financial (NYSE:SF) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued on Tuesday.

A number of other research analysts have also weighed in on the stock. Citigroup raised their price target on shares of Stifel Financial from $110.00 to $115.00 and gave the company a “neutral” rating in a research report on Friday, January 10th. JMP Securities boosted their target price on Stifel Financial from $125.00 to $135.00 and gave the stock a “market outperform” rating in a research note on Thursday, January 30th. UBS Group increased their price target on Stifel Financial from $116.00 to $120.00 and gave the company a “neutral” rating in a research report on Monday, February 3rd. JPMorgan Chase & Co. began coverage on Stifel Financial in a research note on Tuesday, December 10th. They issued a “neutral” rating and a $120.00 price objective for the company. Finally, Wells Fargo & Company raised their target price on Stifel Financial from $128.00 to $135.00 and gave the company an “overweight” rating in a research report on Thursday, January 30th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $117.71.

Stifel Financial Stock Performance

Shares of Stifel Financial stock opened at $104.97 on Tuesday. Stifel Financial has a 52 week low of $72.78 and a 52 week high of $120.64. The company has a quick ratio of 0.78, a current ratio of 0.82 and a debt-to-equity ratio of 0.27. The business has a 50 day moving average price of $109.66 and a 200-day moving average price of $103.13. The company has a market cap of $10.74 billion, a PE ratio of 16.82 and a beta of 1.11.

Stifel Financial (NYSE:SF) last released its quarterly earnings results on Wednesday, January 29th. The financial services provider reported $2.23 EPS for the quarter, beating analysts’ consensus estimates of $1.96 by $0.27. Stifel Financial had a return on equity of 16.59% and a net margin of 14.00%. Equities analysts anticipate that Stifel Financial will post 8.26 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Stifel Financial

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. FMR LLC increased its stake in shares of Stifel Financial by 8.5% in the fourth quarter. FMR LLC now owns 8,628,832 shares of the financial services provider’s stock worth $915,346,000 after purchasing an additional 672,420 shares in the last quarter. State Street Corp grew its stake in Stifel Financial by 1.0% in the 3rd quarter. State Street Corp now owns 3,122,342 shares of the financial services provider’s stock valued at $293,188,000 after buying an additional 31,101 shares in the last quarter. Wellington Management Group LLP raised its holdings in Stifel Financial by 32.2% during the 4th quarter. Wellington Management Group LLP now owns 2,588,964 shares of the financial services provider’s stock valued at $274,637,000 after acquiring an additional 630,255 shares during the period. Stifel Financial Corp lifted its position in shares of Stifel Financial by 1.5% during the third quarter. Stifel Financial Corp now owns 2,279,267 shares of the financial services provider’s stock worth $214,023,000 after acquiring an additional 33,953 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of Stifel Financial by 1.2% in the third quarter. Geode Capital Management LLC now owns 1,696,605 shares of the financial services provider’s stock worth $159,355,000 after acquiring an additional 20,110 shares during the period. 82.01% of the stock is currently owned by institutional investors.

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 and internationally. It operates in three segments: Global Wealth Management, Institutional Group, and Other.