Stifel Financial Corp. (NYSE:SF) Stock Holdings Decreased by Pitcairn Co.

Pitcairn Co. decreased its stake in shares of Stifel Financial Corp. (NYSE:SF) by 2.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,832 shares of the financial services provider’s stock after selling 173 shares during the period. Pitcairn Co.’s holdings in Stifel Financial were worth $725,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. V Square Quantitative Management LLC bought a new position in Stifel Financial during the 4th quarter worth approximately $26,000. Versant Capital Management Inc grew 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 buying an additional 145 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in Stifel Financial by 26.6% during the fourth quarter. Smartleaf Asset Management LLC now owns 528 shares of the financial services provider’s stock worth $56,000 after acquiring an additional 111 shares during the period. Brown Brothers Harriman & Co. lifted its holdings in Stifel Financial by 84.3% in the fourth quarter. Brown Brothers Harriman & Co. now owns 553 shares of the financial services provider’s stock worth $59,000 after acquiring an additional 253 shares during the last quarter. Finally, Mather Group LLC. boosted its stake in Stifel Financial by 14.6% in the fourth quarter. Mather Group LLC. now owns 707 shares of the financial services provider’s stock valued at $75,000 after acquiring an additional 90 shares during the period. 82.01% of the stock is currently owned by institutional investors and hedge funds.

Stifel Financial Stock Down 8.4 %

SF stock opened at $78.82 on Friday. The firm’s 50-day moving average is $103.18 and its two-hundred day moving average is $105.14. The company has a market capitalization of $8.18 billion, a price-to-earnings ratio of 12.63 and a beta of 1.08. Stifel Financial Corp. has a 52 week low of $73.51 and a 52 week high of $120.64. 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 (NYSE:SF) last announced its 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 return on equity of 16.59% and a net margin of 14.00%. On average, analysts forecast that Stifel Financial Corp. will post 8.26 earnings per share for the current fiscal year.

Stifel Financial Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 3rd were paid a dividend of $0.46 per share. The ex-dividend date was Monday, March 3rd. This represents a $1.84 annualized dividend and a yield of 2.33%. This is a boost from Stifel Financial’s previous quarterly dividend of $0.42. Stifel Financial’s dividend payout ratio (DPR) is currently 29.49%.

Analyst Ratings Changes

SF has been the topic of several recent research reports. The Goldman Sachs Group cut their price target on Stifel Financial from $121.00 to $105.00 and set a “neutral” rating on the stock in a report on Thursday. Wells Fargo & Company boosted their price target on shares of Stifel Financial from $128.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday, January 30th. 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. UBS Group lifted their price objective on shares of Stifel Financial from $116.00 to $120.00 and gave the company a “neutral” rating in a research report on Monday, February 3rd. Finally, Citigroup decreased their target price on shares of Stifel Financial from $125.00 to $105.00 and set a “neutral” rating for the company in a research report on Wednesday. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $117.86.

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.