Winebrenner Capital Management LLC Makes New Investment in Stifel Financial Corporation $SF

Winebrenner Capital Management LLC purchased a new stake in Stifel Financial Corporation (NYSE:SF) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,040 shares of the financial services provider’s stock, valued at approximately $212,000.

A number of other large investors have also made changes to their positions in the stock. Bank of New Hampshire grew its position in shares of Stifel Financial by 1.0% in the second quarter. Bank of New Hampshire now owns 9,639 shares of the financial services provider’s stock valued at $1,000,000 after purchasing an additional 100 shares in the last quarter. Securian Asset Management Inc. grew its position in shares of Stifel Financial by 1.3% in the second quarter. Securian Asset Management Inc. now owns 7,837 shares of the financial services provider’s stock valued at $813,000 after purchasing an additional 100 shares in the last quarter. Nisa Investment Advisors LLC grew its position in shares of Stifel Financial by 2.7% in the second quarter. Nisa Investment Advisors LLC now owns 4,085 shares of the financial services provider’s stock valued at $424,000 after purchasing an additional 108 shares in the last quarter. Journey Strategic Wealth LLC grew its position in shares of Stifel Financial by 4.2% in the first quarter. Journey Strategic Wealth LLC now owns 2,907 shares of the financial services provider’s stock valued at $274,000 after purchasing an additional 117 shares in the last quarter. Finally, Stratos Wealth Partners LTD. grew its position in shares of Stifel Financial by 3.0% in the first quarter. Stratos Wealth Partners LTD. now owns 4,328 shares of the financial services provider’s stock valued at $408,000 after purchasing an additional 127 shares in the last quarter. 82.01% of the stock is currently owned by hedge funds and other institutional investors.

Stifel Financial Trading Down 1.2%

Shares of Stifel Financial stock opened at $117.58 on Wednesday. The firm has a market capitalization of $12.01 billion, a price-to-earnings ratio of 20.77 and a beta of 1.13. Stifel Financial Corporation has a fifty-two week low of $73.27 and a fifty-two week high of $120.97. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.77 and a current ratio of 0.82. The stock has a 50 day moving average of $113.51 and a 200 day moving average of $104.72.

Stifel Financial (NYSE:SF) last issued its quarterly earnings data on Wednesday, October 22nd. The financial services provider reported $1.95 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.06. Stifel Financial had a return on equity of 15.06% and a net margin of 12.44%.The company had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.33 billion. During the same period in the prior year, the business posted $1.50 earnings per share. The firm’s revenue for the quarter was up 16.7% compared to the same quarter last year. As a group, research analysts predict that Stifel Financial Corporation will post 8.26 earnings per share for the current year.

Stifel Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd were paid a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Tuesday, September 2nd. Stifel Financial’s dividend payout ratio is 32.51%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on SF. Citigroup restated an “outperform” rating on shares of Stifel Financial in a research report on Thursday, October 9th. Cowen upgraded Stifel Financial from a “hold” rating to a “buy” rating in a research report on Wednesday, October 8th. JPMorgan Chase & Co. upped their price target on Stifel Financial from $125.00 to $133.00 and gave the company a “neutral” rating in a research report on Thursday, October 23rd. Wells Fargo & Company increased their price objective on Stifel Financial from $102.00 to $125.00 and gave the stock an “overweight” rating in a research report on Friday, July 11th. Finally, Stifel Nicolaus set a $131.00 price objective on Stifel Financial in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Stifel Financial currently has an average rating of “Moderate Buy” and an average target price of $125.90.

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.