Polianta Ltd Invests $1.52 Million in Stifel Financial Corporation $SF

Polianta Ltd bought a new stake in Stifel Financial Corporation (NYSE:SF) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 20,600 shares of the financial services provider’s stock, valued at approximately $1,522,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Wellington Management Group LLP boosted its position in Stifel Financial by 13.8% in the third quarter. Wellington Management Group LLP now owns 3,451,787 shares of the financial services provider’s stock worth $391,674,000 after purchasing an additional 419,038 shares during the last quarter. AQR Capital Management LLC increased its position in shares of Stifel Financial by 94.8% during the 4th quarter. AQR Capital Management LLC now owns 2,893,850 shares of the financial services provider’s stock valued at $362,368,000 after purchasing an additional 1,408,347 shares during the last quarter. Boston Partners increased its position in shares of Stifel Financial by 2.0% during the 3rd quarter. Boston Partners now owns 2,371,880 shares of the financial services provider’s stock valued at $269,128,000 after purchasing an additional 45,631 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Stifel Financial by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 1,844,635 shares of the financial services provider’s stock worth $231,034,000 after purchasing an additional 17,008 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Stifel Financial by 6.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,725,806 shares of the financial services provider’s stock worth $216,117,000 after buying an additional 99,485 shares during the last quarter. 82.01% of the stock is owned by hedge funds and other institutional investors.

Stifel Financial Price Performance

NYSE SF opened at $73.65 on Friday. The company has a market cap of $11.30 billion, a PE ratio of 14.33 and a beta of 1.00. Stifel Financial Corporation has a 52 week low of $64.36 and a 52 week high of $89.83. The company has a quick ratio of 0.80, a current ratio of 0.85 and a debt-to-equity ratio of 0.29. The firm’s 50-day simple moving average is $74.90 and its two-hundred day simple moving average is $78.51.

Stifel Financial (NYSE:SF) last posted its earnings results on Wednesday, April 22nd. The financial services provider reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.06. The firm had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.51 billion. Stifel Financial had a net margin of 15.34% and a return on equity of 18.76%. The company’s revenue was up 17.7% on a year-over-year basis. During the same quarter last year, the company earned $0.49 earnings per share. Research analysts predict that Stifel Financial Corporation will post 6.25 earnings per share for the current year.

Stifel Financial Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were given a dividend of $0.34 per share. The ex-dividend date was Monday, June 1st. This represents a $1.36 annualized dividend and a dividend yield of 1.8%. Stifel Financial’s dividend payout ratio is currently 26.46%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Zacks Research upgraded shares of Stifel Financial from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th. UBS Group lowered their price objective on shares of Stifel Financial from $100.00 to $89.00 and set a “buy” rating on the stock in a research report on Wednesday, April 8th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Stifel Financial in a research note on Friday, May 29th. Finally, TD Cowen reduced their target price on shares of Stifel Financial from $136.00 to $92.00 and set a “hold” rating for the company in a research report on Monday, March 23rd. Six analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Stifel Financial presently has a consensus rating of “Moderate Buy” and a consensus price target of $91.15.

Stifel Financial Company 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.