Trillium Asset Management LLC Has $7.74 Million Position in Stifel Financial Corp. (NYSE:SF)

Trillium Asset Management LLC reduced its holdings in shares of Stifel Financial Corp. (NYSE:SF) by 4.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 72,918 shares of the financial services provider’s stock after selling 3,347 shares during the period. Trillium Asset Management LLC’s holdings in Stifel Financial were worth $7,736,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. FMR LLC grew its holdings in Stifel Financial by 18.8% during the 3rd quarter. FMR LLC now owns 7,956,412 shares of the financial services provider’s stock worth $747,107,000 after acquiring an additional 1,256,595 shares during the period. State Street Corp boosted its position in shares of Stifel Financial by 1.0% during the 3rd quarter. State Street Corp now owns 3,122,342 shares of the financial services provider’s stock worth $293,188,000 after purchasing an additional 31,101 shares in the last quarter. Stifel Financial Corp boosted its position in shares of Stifel Financial by 1.5% during the 3rd quarter. Stifel Financial Corp now owns 2,279,267 shares of the financial services provider’s stock worth $214,023,000 after purchasing an additional 33,953 shares in the last quarter. Wellington Management Group LLP boosted its position in shares of Stifel Financial by 78.3% during the 3rd quarter. Wellington Management Group LLP now owns 1,958,709 shares of the financial services provider’s stock worth $183,923,000 after purchasing an additional 860,465 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of Stifel Financial by 1.2% during the 3rd quarter. Geode Capital Management LLC now owns 1,696,605 shares of the financial services provider’s stock worth $159,355,000 after purchasing an additional 20,110 shares in the last quarter. 82.01% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on SF shares. StockNews.com raised shares of Stifel Financial from a “hold” rating to a “buy” rating in a research report on Thursday, March 6th. Citigroup raised their price target on shares of Stifel Financial from $110.00 to $115.00 and gave the company a “neutral” rating in a research report on Friday, January 10th. JPMorgan Chase & Co. initiated coverage on shares of Stifel Financial in a research report on Tuesday, December 10th. They issued a “neutral” rating and a $120.00 price target on the stock. Wells Fargo & Company raised their price target on shares of Stifel Financial from $128.00 to $135.00 and gave the company an “overweight” rating in a research report on Thursday, January 30th. Finally, JMP Securities raised their price target on shares of Stifel Financial from $125.00 to $135.00 and gave the company a “market outperform” rating in a research report on Thursday, January 30th. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $117.71.

Stifel Financial Stock Performance

NYSE SF opened at $98.67 on Thursday. Stifel Financial Corp. has a 52-week low of $73.51 and a 52-week high of $120.64. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.78 and a current ratio of 0.82. The company has a market capitalization of $10.24 billion, a P/E ratio of 15.81 and a beta of 1.08. The company has a fifty day moving average of $107.06 and a 200-day moving average of $104.45.

Stifel Financial (NYSE:SF) last posted its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $2.23 earnings per share (EPS) for the quarter, topping 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, equities research analysts predict that Stifel Financial Corp. will post 8.26 EPS for the current fiscal year.

Stifel Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were paid a $0.46 dividend. The ex-dividend date was Monday, March 3rd. This is an increase from Stifel Financial’s previous quarterly dividend of $0.42. This represents a $1.84 annualized dividend and a yield of 1.86%. Stifel Financial’s payout ratio is currently 29.49%.

Stifel Financial 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.