Stifel Financial Corp. (NYSE:SF) Stock Holdings Boosted by Corient Private Wealth LLC

Corient Private Wealth LLC lifted its position in Stifel Financial Corp. (NYSE:SF) by 11.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,447 shares of the financial services provider’s stock after buying an additional 788 shares during the period. Corient Private Wealth LLC’s holdings in Stifel Financial were worth $789,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. V Square Quantitative Management LLC acquired a new position in Stifel Financial during the fourth quarter worth about $26,000. Versant Capital Management Inc boosted its position in shares of Stifel Financial by 46.5% during the 4th quarter. Versant Capital Management Inc now owns 457 shares of the financial services provider’s stock valued at $48,000 after purchasing an additional 145 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in shares of Stifel Financial by 26.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 528 shares of the financial services provider’s stock worth $56,000 after purchasing an additional 111 shares during the last quarter. Mather Group LLC. raised its holdings in shares of Stifel Financial by 14.6% in the 4th quarter. Mather Group LLC. now owns 707 shares of the financial services provider’s stock worth $75,000 after purchasing an additional 90 shares in the last quarter. Finally, GAMMA Investing LLC lifted its stake in Stifel Financial by 78.9% during the fourth quarter. GAMMA Investing LLC now owns 900 shares of the financial services provider’s stock valued at $95,000 after purchasing an additional 397 shares during the last quarter. Institutional investors and hedge funds own 82.01% of the company’s stock.

Stifel Financial Stock Down 2.0 %

Shares of Stifel Financial stock opened at $97.10 on Friday. The company has a current ratio of 0.82, a quick ratio of 0.78 and a debt-to-equity ratio of 0.27. Stifel Financial Corp. has a 1 year low of $73.51 and a 1 year high of $120.64. The stock has a 50-day moving average price of $106.06 and a 200 day moving average price of $104.90. The company has a market cap of $10.07 billion, a P/E ratio of 15.56 and a beta of 1.08.

Stifel Financial (NYSE:SF) last posted its quarterly earnings results on Wednesday, January 29th. The financial services provider reported $2.23 EPS for the quarter, topping the consensus estimate of $1.96 by $0.27. Stifel Financial had a net margin of 14.00% and a return on equity of 16.59%. As a group, analysts expect that Stifel Financial Corp. will post 8.26 EPS for the current fiscal year.

Stifel Financial Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.46 per share. This is a boost from Stifel Financial’s previous quarterly dividend of $0.42. This represents a $1.84 annualized dividend and a dividend yield of 1.90%. The ex-dividend date of this dividend was Monday, March 3rd. Stifel Financial’s payout ratio is currently 29.49%.

Analyst Ratings Changes

Several research firms have issued reports on SF. Wells Fargo & Company lifted their price target on shares of Stifel Financial from $128.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, January 30th. UBS Group lifted their target price on Stifel Financial from $116.00 to $120.00 and gave the stock a “neutral” rating in a report on Monday, February 3rd. JPMorgan Chase & Co. assumed coverage on Stifel Financial in a report on Tuesday, December 10th. They set a “neutral” rating and a $120.00 target price for the company. Citigroup lifted their price target on Stifel Financial from $110.00 to $115.00 and gave the stock a “neutral” rating in a research note on Friday, January 10th. Finally, StockNews.com raised shares of Stifel Financial from a “hold” rating to a “buy” rating in a research note on Thursday, March 6th. 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 MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $117.71.

Stifel Financial 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.