Stifel Financial Corp. (NYSE:SF) Stock Position Decreased by Keeler & Nadler Financial Planning & Wealth Management

Keeler & Nadler Financial Planning & Wealth Management decreased its stake in Stifel Financial Corp. (NYSE:SF) by 5.6% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 4,227 shares of the financial services provider’s stock after selling 250 shares during the quarter. Keeler & Nadler Financial Planning & Wealth Management’s holdings in Stifel Financial were worth $397,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in shares of Stifel Financial by 3.9% during the first quarter. Vanguard Group Inc. now owns 10,461,734 shares of the financial services provider’s stock worth $817,794,000 after acquiring an additional 391,384 shares in the last quarter. Earnest Partners LLC lifted its position in Stifel Financial by 0.8% in the second quarter. Earnest Partners LLC now owns 2,954,099 shares of the financial services provider’s stock worth $248,587,000 after purchasing an additional 22,040 shares during the period. Dimensional Fund Advisors LP increased its stake in Stifel Financial by 0.4% in the second quarter. Dimensional Fund Advisors LP now owns 2,007,738 shares of the financial services provider’s stock valued at $168,932,000 after acquiring an additional 7,113 shares during the period. LSV Asset Management raised its position in Stifel Financial by 3.2% in the first quarter. LSV Asset Management now owns 1,799,270 shares of the financial services provider’s stock worth $140,649,000 after purchasing an additional 56,570 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its stake in Stifel Financial by 12.8% during the first quarter. Principal Financial Group Inc. now owns 1,332,258 shares of the financial services provider’s stock worth $104,143,000 after purchasing an additional 151,046 shares during the period. Hedge funds and other institutional investors own 82.01% of the company’s stock.

Stifel Financial Stock Down 0.8 %

NYSE:SF opened at $95.89 on Friday. The company has a market cap of $9.83 billion, a PE ratio of 20.36 and a beta of 1.09. The stock has a 50-day simple moving average of $87.69 and a 200 day simple moving average of $83.09. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.80 and a current ratio of 0.84. Stifel Financial Corp. has a 52-week low of $54.81 and a 52-week high of $97.24.

Stifel Financial (NYSE:SF) last issued its quarterly earnings results on Wednesday, July 24th. The financial services provider reported $1.60 EPS for the quarter, topping the consensus estimate of $1.54 by $0.06. The firm had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.18 billion. Stifel Financial had a net margin of 11.59% and a return on equity of 13.24%. The company’s revenue for the quarter was up 15.9% on a year-over-year basis. During the same period in the previous year, the firm posted $1.20 EPS. On average, sell-side analysts expect that Stifel Financial Corp. will post 6.55 EPS for the current fiscal year.

Stifel Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 17th. Stockholders of record on Tuesday, September 3rd were given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date was Tuesday, September 3rd. Stifel Financial’s dividend payout ratio (DPR) is presently 35.67%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on SF. Citigroup upped their target price on shares of Stifel Financial from $90.00 to $102.00 and gave the stock a “neutral” rating in a report on Friday, September 27th. Wolfe Research cut Stifel Financial from an “outperform” rating to a “peer perform” rating in a research note on Monday, July 22nd. The Goldman Sachs Group boosted their price target on shares of Stifel Financial from $85.00 to $94.00 and gave the stock a “neutral” rating in a research note on Thursday, September 26th. TD Cowen increased their target price on Stifel Financial from $85.00 to $88.00 and gave the company a “hold” rating in a research note on Thursday, July 25th. Finally, JMP Securities increased their target price on shares of Stifel Financial from $105.00 to $110.00 and gave the stock a “market outperform” rating in a report on Wednesday. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $96.67.

About Stifel Financial

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.