Stifel Financial (NYSE:SF) Director Sells $372,240.00 in Stock

Stifel Financial Corporation (NYSE:SF) Director Maryam Brown sold 4,700 shares of the business’s stock in a transaction on Thursday, July 23rd. The stock was sold at an average price of $79.20, for a total value of $372,240.00. Following the transaction, the director directly owned 5,729 shares of the company’s stock, valued at $453,736.80. This trade represents a 45.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Stifel Financial Stock Performance

NYSE:SF opened at $82.69 on Friday. The stock’s 50-day simple moving average is $74.16 and its 200 day simple moving average is $76.62. The firm has a market capitalization of $12.68 billion, a PE ratio of 14.80 and a beta of 1.01. The company has a quick ratio of 0.80, a current ratio of 0.85 and a debt-to-equity ratio of 0.29. Stifel Financial Corporation has a twelve month low of $67.81 and a twelve month high of $89.83.

Stifel Financial (NYSE:SF) last issued its earnings results on Wednesday, July 22nd. The financial services provider reported $1.42 EPS for the quarter, topping the consensus estimate of $1.33 by $0.09. The firm had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.42 billion. Stifel Financial had a return on equity of 19.32% and a net margin of 16.11%.The business’s quarterly revenue was up 13.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.71 earnings per share. On average, analysts anticipate that Stifel Financial Corporation will post 6.36 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports 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 set a $90.00 target price on shares of Stifel Financial in a research note on Thursday, July 23rd. JPMorgan Chase & Co. upped their price target on shares of Stifel Financial from $80.00 to $86.00 and gave the stock a “neutral” rating in a report on Thursday, July 23rd. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Stifel Financial in a research note on Friday, May 29th. Five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $91.90.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC boosted its position in 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 worth $362,368,000 after buying an additional 1,408,347 shares during the period. Norges Bank acquired a new position in Stifel Financial in the 4th quarter valued at approximately $172,446,000. Dimensional Fund Advisors LP raised its stake in shares of Stifel Financial by 51.6% during the first quarter. Dimensional Fund Advisors LP now owns 2,616,616 shares of the financial services provider’s stock valued at $193,403,000 after acquiring an additional 890,810 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Stifel Financial by 58.7% during the first quarter. Bank of America Corp DE now owns 1,875,501 shares of the financial services provider’s stock valued at $138,637,000 after acquiring an additional 693,437 shares during the last quarter. Finally, Marshall Wace LLP lifted its holdings in shares of Stifel Financial by 50.9% during the fourth quarter. Marshall Wace LLP now owns 1,284,806 shares of the financial services provider’s stock worth $160,883,000 after purchasing an additional 433,341 shares during the period. Institutional investors own 82.01% of the company’s stock.

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.