Stifel Financial (NYSE:SF) Stock Price Expected to Rise, UBS Group Analyst Says

Stifel Financial (NYSE:SF) had its price objective boosted by investment analysts at UBS Group from $116.00 to $120.00 in a report issued on Monday,Benzinga reports. The brokerage presently has a “neutral” rating on the financial services provider’s stock. UBS Group’s target price would indicate a potential upside of 5.71% from the company’s current price.

SF has been the subject of several other research reports. TD Cowen increased their target price on Stifel Financial from $100.00 to $105.00 and gave the company a “hold” rating in a research note on Thursday, October 24th. JMP Securities raised their target price on Stifel Financial from $125.00 to $135.00 and gave the stock a “market outperform” rating in a research report on Thursday. Citigroup lifted their price target on shares of Stifel Financial from $110.00 to $115.00 and gave the stock a “neutral” rating in a research note on Friday, January 10th. Wells Fargo & Company increased their price objective on shares of Stifel Financial from $128.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday. Finally, JPMorgan Chase & Co. initiated coverage on shares of Stifel Financial in a research report on Tuesday, December 10th. They set a “neutral” rating and a $120.00 target price on the stock. Seven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $117.71.

Stifel Financial Stock Performance

Stifel Financial stock traded down $2.33 during trading hours on Monday, reaching $113.52. 207,341 shares of the company were exchanged, compared to its average volume of 719,986. Stifel Financial has a 12 month low of $72.78 and a 12 month high of $120.64. The company has a current ratio of 0.82, a quick ratio of 0.78 and a debt-to-equity ratio of 0.27. The stock has a 50-day moving average of $110.84 and a 200 day moving average of $100.00. The firm has a market cap of $11.62 billion, a price-to-earnings ratio of 18.12 and a beta of 1.11.

Stifel Financial (NYSE:SF) last posted its earnings results on Wednesday, January 29th. The financial services provider reported $2.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.96 by $0.27. Stifel Financial had a net margin of 14.00% and a return on equity of 16.59%. As a group, research analysts anticipate that Stifel Financial will post 7.91 earnings per share for the current year.

Insider Transactions at Stifel Financial

In related news, COO David D. Sliney sold 25,000 shares of the company’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $116.18, for a total transaction of $2,904,500.00. Following the transaction, the chief operating officer now owns 159,619 shares in the company, valued at $18,544,535.42. This represents a 13.54 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 4.57% of the company’s stock.

Institutional Trading of Stifel Financial

Several hedge funds have recently modified their holdings of SF. Mather Group LLC. raised its holdings in Stifel Financial by 14.6% during the 4th quarter. Mather Group LLC. now owns 707 shares of the financial services provider’s stock worth $75,000 after purchasing an additional 90 shares during the last quarter. CIBC Asset Management Inc raised its stake 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 during the last quarter. GAMMA Investing LLC lifted its holdings in Stifel Financial by 27.7% in the third quarter. GAMMA Investing LLC now owns 503 shares of the financial services provider’s stock valued at $47,000 after buying an additional 109 shares during the period. Tributary Capital Management LLC boosted its stake in Stifel Financial by 1.0% in the third quarter. Tributary Capital Management LLC now owns 12,603 shares of the financial services provider’s stock valued at $1,183,000 after acquiring an additional 126 shares during the last quarter. Finally, CWM LLC boosted its stake in Stifel Financial by 3.8% in the third quarter. CWM LLC now owns 3,940 shares of the financial services provider’s stock valued at $370,000 after acquiring an additional 145 shares during the last quarter. 82.01% of the stock is owned by institutional investors.

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.