Stifel Financial Corporation $SF Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP lifted its stake in shares of Stifel Financial Corporation (NYSE:SFFree Report) by 44.0% during the first quarter, Holdings Channel.com reports. The firm owned 308,246 shares of the financial services provider’s stock after acquiring an additional 94,215 shares during the period. Quantinno Capital Management LP’s holdings in Stifel Financial were worth $22,786,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Fifth Third Bancorp increased its stake in shares of Stifel Financial by 430.4% during the first quarter. Fifth Third Bancorp now owns 73,993 shares of the financial services provider’s stock valued at $5,470,000 after acquiring an additional 60,042 shares during the period. Heartland Advisors Inc. lifted its stake in Stifel Financial by 56.3% during the first quarter. Heartland Advisors Inc. now owns 134,153 shares of the financial services provider’s stock valued at $9,917,000 after purchasing an additional 48,346 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in Stifel Financial by 49.9% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 38,209 shares of the financial services provider’s stock worth $2,824,000 after buying an additional 12,727 shares in the last quarter. Horizon Investments LLC boosted its holdings in Stifel Financial by 146.7% during the fourth quarter. Horizon Investments LLC now owns 63,089 shares of the financial services provider’s stock worth $7,900,000 after buying an additional 37,516 shares in the last quarter. Finally, North Reef Capital Management LP acquired a new position in Stifel Financial in the first quarter worth approximately $4,230,000. Institutional investors and hedge funds own 82.01% of the company’s stock.

Stifel Financial Stock Up 0.5%

Shares of NYSE:SF opened at $83.08 on Friday. The firm has a 50 day simple moving average of $74.37 and a 200 day simple moving average of $76.67. Stifel Financial Corporation has a 52 week low of $67.81 and a 52 week high of $89.83. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.80 and a current ratio of 0.85. The company has a market cap of $12.74 billion, a PE ratio of 14.87 and a beta of 1.01.

Stifel Financial (NYSE:SFGet Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The financial services provider reported $1.42 earnings per share for the quarter, topping the consensus estimate of $1.33 by $0.09. Stifel Financial had a net margin of 16.11% and a return on equity of 19.32%. The firm had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.42 billion. During the same period in the previous year, the company posted $1.71 EPS. The company’s quarterly revenue was up 13.0% compared to the same quarter last year. As a group, research analysts expect that Stifel Financial Corporation will post 6.36 earnings per share for the current year.

Insider Buying and Selling at Stifel Financial

In related news, Director Maryam S. Brown sold 4,700 shares of the company’s stock in a transaction on Thursday, July 23rd. The stock was sold at an average price of $79.20, for a total transaction of $372,240.00. Following the transaction, the director directly owned 5,729 shares of the company’s stock, valued at approximately $453,736.80. The trade was a 45.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 3.36% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on SF. UBS Group set a $90.00 price target on Stifel Financial in a report on Thursday, July 23rd. Zacks Research raised Stifel Financial from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th. JPMorgan Chase & Co. lifted their target price on Stifel Financial from $80.00 to $86.00 and gave the stock a “neutral” rating in a report on Thursday, July 23rd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Stifel Financial in a research report on Friday, May 29th. Finally, Wall Street Zen raised Stifel Financial from a “hold” rating to a “buy” rating in a report on Saturday. Five equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $91.90.

View Our Latest Stock Analysis on SF

Stifel Financial Company Profile

(Free Report)

Stifel Financial Corp. is a diversified financial services holding company headquartered in St. Louis, Missouri. Founded in 1890, the firm has grown into a full‐service brokerage and investment banking organization serving individual investors, corporations and institutions. Through its principal subsidiary, Stifel, Nicolaus & Company, Incorporated, the company delivers a broad array of financial products and services backed by research‐driven insights.

The firm’s main business activities are organized into two core segments: Private Client Group and Institutional Group.

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Institutional Ownership by Quarter for Stifel Financial (NYSE:SF)

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