Captrust Financial Advisors Has $2.94 Million Stock Position in Stifel Financial Corp. (NYSE:SF)

Captrust Financial Advisors raised its position in shares of Stifel Financial Corp. (NYSE:SF) by 6.1% in the 3rd quarter, Holdings Channel reports. The firm owned 31,343 shares of the financial services provider’s stock after acquiring an additional 1,810 shares during the period. Captrust Financial Advisors’ holdings in Stifel Financial were worth $2,943,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in SF. CIBC Asset Management Inc increased its holdings in shares of Stifel Financial by 3.5% during the third quarter. CIBC Asset Management Inc now owns 3,019 shares of the financial services provider’s stock worth $283,000 after buying an additional 102 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Stifel Financial by 27.7% during the third quarter. GAMMA Investing LLC now owns 503 shares of the financial services provider’s stock worth $47,000 after buying an additional 109 shares in the last quarter. Tributary Capital Management LLC increased its holdings in shares of Stifel Financial by 1.0% during the third quarter. Tributary Capital Management LLC now owns 12,603 shares of the financial services provider’s stock worth $1,183,000 after buying an additional 126 shares in the last quarter. CWM LLC increased its holdings in shares of Stifel Financial by 3.8% during the third quarter. CWM LLC now owns 3,940 shares of the financial services provider’s stock worth $370,000 after buying an additional 145 shares in the last quarter. Finally, OneDigital Investment Advisors LLC increased its holdings in shares of Stifel Financial by 3.5% during the third quarter. OneDigital Investment Advisors LLC now owns 4,954 shares of the financial services provider’s stock worth $465,000 after buying an additional 166 shares in the last quarter. 82.01% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently weighed in on SF. Wells Fargo & Company boosted their price objective on shares of Stifel Financial from $113.00 to $130.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 13th. TD Cowen upped their price target on shares of Stifel Financial from $100.00 to $105.00 and gave the company a “hold” rating in a research report on Thursday, October 24th. StockNews.com cut shares of Stifel Financial from a “buy” rating to a “hold” rating in a research report on Thursday, October 3rd. The Goldman Sachs Group upped their price target on shares of Stifel Financial from $85.00 to $94.00 and gave the company a “neutral” rating in a research report on Thursday, September 26th. Finally, JMP Securities upped their price target on shares of Stifel Financial from $105.00 to $110.00 and gave the company a “market outperform” rating in a research report on Wednesday, October 9th. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $103.17.

Insider Buying and Selling

In related news, COO David D. Sliney sold 25,000 shares of the firm’s stock in a transaction that occurred on 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 transaction, the chief operating officer now directly owns 159,619 shares of the company’s stock, valued at approximately $18,544,535.42. This trade represents a 13.54 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 4.57% of the stock is owned by insiders.

Stifel Financial Price Performance

Shares of NYSE SF opened at $113.58 on Thursday. The firm’s 50-day moving average price is $106.02 and its 200-day moving average price is $91.43. Stifel Financial Corp. has a 1-year low of $62.79 and a 1-year high of $119.12. The firm has a market capitalization of $11.63 billion, a P/E ratio of 20.54 and a beta of 1.08. The company has a current ratio of 0.82, a quick ratio of 0.78 and a debt-to-equity ratio of 0.27.

Stifel Financial (NYSE:SF) last posted its quarterly earnings data on Wednesday, October 23rd. The financial services provider reported $1.50 EPS 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 firm had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.20 billion. During the same quarter last year, the business posted $0.60 EPS. The company’s quarterly revenue was up 17.2% on a year-over-year basis. Equities research analysts anticipate that Stifel Financial Corp. will post 6.44 earnings per share for the current fiscal year.

Stifel Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Monday, December 2nd will be issued a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 1.48%. The ex-dividend date is Monday, December 2nd. Stifel Financial’s dividend payout ratio (DPR) is presently 30.38%.

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.