David D. Sliney Sells 25,000 Shares of Stifel Financial Corp. (NYSE:SF) Stock

Stifel Financial Corp. (NYSE:SF) COO David D. Sliney sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $116.18, for a total value of $2,904,500.00. Following the completion of the sale, the chief operating officer now directly owns 159,619 shares in the company, valued at approximately $18,544,535.42. This represents a 13.54 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Stifel Financial Stock Down 1.0 %

SF opened at $114.44 on Friday. The company has a market capitalization of $11.71 billion, a P/E ratio of 20.69 and a beta of 1.08. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.82 and a quick ratio of 0.78. The firm’s fifty day moving average price is $99.14 and its two-hundred day moving average price is $88.47. Stifel Financial Corp. has a fifty-two week low of $60.17 and a fifty-two week high of $118.12.

Stifel Financial (NYSE:SF) last issued its earnings results on Wednesday, October 23rd. The financial services provider reported $1.50 earnings per share for the quarter, missing the consensus estimate of $1.60 by ($0.10). Stifel Financial had a net margin of 12.98% and a return on equity of 14.92%. The business had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same quarter last year, the firm posted $0.60 earnings per share. Stifel Financial’s revenue was up 17.2% on a year-over-year basis. On average, analysts anticipate that Stifel Financial Corp. will post 6.44 EPS for the current year.

Stifel Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 2nd will be given a dividend of $0.42 per share. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $1.68 annualized dividend and a dividend yield of 1.47%. Stifel Financial’s dividend payout ratio (DPR) is presently 30.38%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on SF. Wells Fargo & Company raised their target price on Stifel Financial from $113.00 to $130.00 and gave the company an “overweight” rating in a report on Wednesday. Citigroup increased their price objective on Stifel Financial from $90.00 to $102.00 and gave the company a “neutral” rating in a research report on Friday, September 27th. TD Cowen boosted their target price on shares of Stifel Financial from $100.00 to $105.00 and gave the stock a “hold” rating in a research report on Thursday, October 24th. The Goldman Sachs Group increased their price target on shares of Stifel Financial from $85.00 to $94.00 and gave the company a “neutral” rating in a report on Thursday, September 26th. Finally, JMP Securities raised their price target on shares of Stifel Financial from $105.00 to $110.00 and gave the stock a “market outperform” rating in a research report on Wednesday, October 9th. Six investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $103.17.

Institutional Trading of Stifel Financial

Several institutional investors have recently bought and sold shares of SF. BNP Paribas Financial Markets boosted its stake in shares of Stifel Financial by 16.9% in the 1st quarter. BNP Paribas Financial Markets now owns 8,223 shares of the financial services provider’s stock valued at $643,000 after purchasing an additional 1,187 shares in the last quarter. US Bancorp DE grew its stake in Stifel Financial by 8.2% during the first quarter. US Bancorp DE now owns 52,677 shares of the financial services provider’s stock worth $4,118,000 after buying an additional 4,006 shares during the last quarter. State Board of Administration of Florida Retirement System increased its holdings in shares of Stifel Financial by 5.2% during the first quarter. State Board of Administration of Florida Retirement System now owns 134,977 shares of the financial services provider’s stock worth $10,551,000 after buying an additional 6,702 shares in the last quarter. SageView Advisory Group LLC bought a new position in shares of Stifel Financial in the first quarter valued at approximately $1,251,000. Finally, Orion Portfolio Solutions LLC boosted its holdings in shares of Stifel Financial by 10.4% in the 1st quarter. Orion Portfolio Solutions LLC now owns 51,831 shares of the financial services provider’s stock worth $4,052,000 after acquiring an additional 4,879 shares in the last quarter. Institutional investors and hedge funds own 82.01% of the company’s stock.

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.