Winebrenner Capital Management LLC Invests $216,000 in Stifel Financial Corp. (NYSE:SF)

Winebrenner Capital Management LLC bought a new stake in shares of Stifel Financial Corp. (NYSE:SF) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 2,040 shares of the financial services provider’s stock, valued at approximately $216,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Barclays PLC increased its holdings in shares of Stifel Financial by 62.2% during the third quarter. Barclays PLC now owns 107,397 shares of the financial services provider’s stock valued at $10,086,000 after acquiring an additional 41,171 shares in the last quarter. TT International Asset Management LTD purchased a new stake in Stifel Financial during the 4th quarter worth approximately $2,759,000. Curi RMB Capital LLC increased its stake in Stifel Financial by 15.7% during the 3rd quarter. Curi RMB Capital LLC now owns 69,301 shares of the financial services provider’s stock valued at $6,507,000 after purchasing an additional 9,396 shares in the last quarter. Larson Financial Group LLC raised its holdings in shares of Stifel Financial by 4,308.9% in the third quarter. Larson Financial Group LLC now owns 5,423 shares of the financial services provider’s stock worth $509,000 after buying an additional 5,300 shares during the last quarter. Finally, FMR LLC lifted its stake in shares of Stifel Financial by 18.8% during the third quarter. FMR LLC now owns 7,956,412 shares of the financial services provider’s stock worth $747,107,000 after buying an additional 1,256,595 shares during the period. 82.01% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently issued reports on SF. UBS Group upped their target price on Stifel Financial from $116.00 to $120.00 and gave the company a “neutral” rating in a research report on Monday, February 3rd. Wells Fargo & Company increased their price objective on Stifel Financial from $128.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday, January 30th. Citigroup lifted their target price on Stifel Financial from $110.00 to $115.00 and gave the stock a “neutral” rating in a report on Friday, January 10th. JMP Securities upped their target price on Stifel Financial from $125.00 to $135.00 and gave the company a “market outperform” rating in a research report on Thursday, January 30th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Stifel Financial in a research report on Tuesday, December 10th. They set a “neutral” rating and a $120.00 price target for the company. Seven research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, Stifel Financial has an average rating of “Hold” and a consensus price target of $117.71.

Stifel Financial Stock Down 3.1 %

Stifel Financial stock opened at $103.93 on Friday. The business’s 50-day moving average price is $109.76 and its 200 day moving average price is $102.46. 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 firm has a market cap of $10.64 billion, a price-to-earnings ratio of 16.65 and a beta of 1.11. Stifel Financial Corp. has a 52 week low of $72.78 and a 52 week high of $120.64.

Stifel Financial (NYSE:SF) last issued its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $2.23 EPS for the quarter, topping analysts’ consensus estimates 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, sell-side analysts anticipate that Stifel Financial Corp. will post 8.26 earnings per share for the current year.

Stifel Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be issued a $0.46 dividend. This is a boost from Stifel Financial’s previous quarterly dividend of $0.42. The ex-dividend date is Monday, March 3rd. This represents a $1.84 dividend on an annualized basis and a yield of 1.77%. Stifel Financial’s payout ratio is presently 26.92%.

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.