AMG National Trust Bank Sells 7,307 Shares of Stifel Financial Corp. (NYSE:SF)

AMG National Trust Bank trimmed its holdings in shares of Stifel Financial Corp. (NYSE:SF) by 35.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,065 shares of the financial services provider’s stock after selling 7,307 shares during the period. AMG National Trust Bank’s holdings in Stifel Financial were worth $1,387,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Barclays PLC boosted its holdings in Stifel Financial by 62.2% during the third quarter. Barclays PLC now owns 107,397 shares of the financial services provider’s stock worth $10,086,000 after buying an additional 41,171 shares during the last quarter. TT International Asset Management LTD bought a new position in Stifel Financial during the 4th quarter worth approximately $2,759,000. Curi RMB Capital LLC grew its holdings in Stifel Financial by 15.7% during the third 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 during the period. Larson Financial Group LLC increased its stake in 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 valued at $509,000 after purchasing an additional 5,300 shares in the last quarter. Finally, FMR LLC raised its holdings in Stifel Financial by 18.8% in the third quarter. FMR LLC now owns 7,956,412 shares of the financial services provider’s stock worth $747,107,000 after purchasing an additional 1,256,595 shares during the period. 82.01% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on SF. JMP Securities boosted their price target on shares of Stifel Financial from $125.00 to $135.00 and gave the company a “market outperform” rating in a report on Thursday, January 30th. StockNews.com raised Stifel Financial from a “hold” rating to a “buy” rating in a research note on Thursday. Wells Fargo & Company raised their price target on Stifel Financial from $128.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, January 30th. UBS Group boosted their price objective on 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 raised their target price on shares of Stifel Financial from $110.00 to $115.00 and gave the stock a “neutral” rating in a report on Friday, January 10th. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $117.71.

Stifel Financial Trading Down 2.0 %

NYSE SF opened at $96.45 on Friday. Stifel Financial Corp. has a 52 week low of $72.78 and a 52 week high of $120.64. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.78 and a current ratio of 0.82. The stock’s 50 day moving average price is $109.21 and its two-hundred day moving average price is $103.78. The stock has a market capitalization of $9.87 billion, a price-to-earnings ratio of 15.46 and a beta of 1.11.

Stifel Financial (NYSE:SF) last announced 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, analysts anticipate that Stifel Financial Corp. will post 8.26 earnings per share for the current fiscal year.

Stifel Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders 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 of this dividend is Monday, March 3rd. This represents a $1.84 annualized dividend and a dividend yield of 1.91%. Stifel Financial’s dividend payout ratio (DPR) is presently 29.49%.

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.