Stifel Financial (NYSE:SF) had its price target raised by Wells Fargo & Co from $64.00 to $70.00 in a research note published on Thursday, January 4th.

SF has been the topic of a number of other research reports. Zacks Investment Research lowered Stifel Financial from a buy rating to a hold rating in a report on Tuesday, October 3rd. Nomura raised Stifel Financial from a neutral rating to a buy rating and raised their price target for the stock from $58.00 to $77.00 in a report on Wednesday, January 3rd. Finally, Instinet raised Stifel Financial from a neutral rating to a buy rating in a report on Wednesday, January 3rd. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Stifel Financial has an average rating of Buy and a consensus target price of $66.83.

Stifel Financial (NYSE:SF) opened at $65.42 on Thursday. The stock has a market capitalization of $4,543.49, a PE ratio of 20.67, a price-to-earnings-growth ratio of 1.09 and a beta of 1.71. Stifel Financial has a twelve month low of $41.93 and a twelve month high of $68.72. The company has a current ratio of 0.67, a quick ratio of 0.61 and a debt-to-equity ratio of 0.68.

Stifel Financial (NYSE:SF) last issued its quarterly earnings data on Monday, October 30th. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.06. Stifel Financial had a return on equity of 9.78% and a net margin of 7.61%. The company had revenue of $721.20 million for the quarter, compared to analyst estimates of $701.12 million. During the same quarter last year, the company posted $0.69 earnings per share. The business’s quarterly revenue was up 12.3% compared to the same quarter last year. sell-side analysts forecast that Stifel Financial will post 3.44 EPS for the current year.

In other Stifel Financial news, VP Mark P. Fisher sold 5,000 shares of Stifel Financial stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $52.30, for a total value of $261,500.00. Following the sale, the vice president now owns 21,369 shares of the company’s stock, valued at approximately $1,117,598.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director James M. Oates sold 1,768 shares of Stifel Financial stock in a transaction that occurred on Friday, November 10th. The shares were sold at an average price of $52.27, for a total value of $92,413.36. Following the completion of the sale, the director now directly owns 28,640 shares in the company, valued at approximately $1,497,012.80. The disclosure for this sale can be found here. Insiders sold a total of 54,304 shares of company stock worth $2,869,480 in the last ninety days. 3.60% of the stock is owned by corporate insiders.

Institutional investors and hedge funds have recently made changes to their positions in the business. Public Employees Retirement System of Ohio boosted its holdings in Stifel Financial by 5.0% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 2,379 shares of the financial services provider’s stock valued at $109,000 after purchasing an additional 113 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Stifel Financial by 9.0% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,570 shares of the financial services provider’s stock valued at $118,000 after acquiring an additional 212 shares during the period. Cubist Systematic Strategies LLC acquired a new stake in shares of Stifel Financial during the 3rd quarter valued at approximately $137,000. Pacad Investment Ltd. lifted its position in shares of Stifel Financial by 442.9% during the 2nd quarter. Pacad Investment Ltd. now owns 3,800 shares of the financial services provider’s stock valued at $175,000 after acquiring an additional 3,100 shares during the period. Finally, Riverhead Capital Management LLC lifted its position in shares of Stifel Financial by 91.4% during the 2nd quarter. Riverhead Capital Management LLC now owns 3,827 shares of the financial services provider’s stock valued at $176,000 after acquiring an additional 1,827 shares during the period. 88.57% of the stock is currently owned by institutional investors.

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About Stifel Financial

Stifel Financial Corp. is a financial holding company. Its principal subsidiary is Stifel, Nicolaus & Company, Incorporated, a retail and institutional wealth management and investment banking firm. It operates through three segments: Global Wealth Management, Institutional Group and Other. The Global Wealth Management segment consists of the Private Client Group and Stifel Bank businesses.

Analyst Recommendations for Stifel Financial (NYSE:SF)

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