Stifel Financial Corp. (NYSE:SF) Stock Holdings Increased by American Trust

American Trust lifted its stake in Stifel Financial Corp. (NYSE:SFGet Rating) by 40.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,386 shares of the financial services provider’s stock after purchasing an additional 1,270 shares during the quarter. American Trust’s holdings in Stifel Financial were worth $298,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Mercer Global Advisors Inc. ADV lifted its position in shares of Stifel Financial by 9.6% in the first quarter. Mercer Global Advisors Inc. ADV now owns 24,159 shares of the financial services provider’s stock worth $1,640,000 after purchasing an additional 2,113 shares in the last quarter. Beacon Harbor Wealth Advisors Inc. purchased a new stake in shares of Stifel Financial in the first quarter worth approximately $3,964,000. Squarepoint Ops LLC raised its position in Stifel Financial by 101.7% during the fourth quarter. Squarepoint Ops LLC now owns 17,074 shares of the financial services provider’s stock valued at $1,202,000 after acquiring an additional 8,611 shares in the last quarter. Schroder Investment Management Group raised its position in Stifel Financial by 1,122.5% during the fourth quarter. Schroder Investment Management Group now owns 154,196 shares of the financial services provider’s stock valued at $10,859,000 after acquiring an additional 141,583 shares in the last quarter. Finally, Capital Fund Management S.A. bought a new position in Stifel Financial during the first quarter valued at approximately $949,000. 84.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, JMP Securities cut their price objective on shares of Stifel Financial from $103.00 to $100.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 12th.

Stifel Financial Price Performance

Shares of SF opened at $58.62 on Monday. The firm has a market cap of $6.22 billion, a PE ratio of 9.25 and a beta of 1.25. The firm’s 50 day moving average price is $60.12 and its 200 day moving average price is $62.06. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.77 and a current ratio of 0.81. Stifel Financial Corp. has a twelve month low of $52.55 and a twelve month high of $83.28.

Stifel Financial (NYSE:SFGet Rating) last released its quarterly earnings results on Wednesday, July 27th. The financial services provider reported $1.40 EPS for the quarter. Stifel Financial had a net margin of 16.86% and a return on equity of 19.42%. The company had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.18 billion. During the same quarter last year, the firm posted $1.70 earnings per share. The company’s quarterly revenue was down 3.9% compared to the same quarter last year.

Stifel Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 15th. Stockholders of record on Thursday, September 1st were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date was Wednesday, August 31st. Stifel Financial’s dividend payout ratio is 18.93%.

Stifel Financial Company Profile

(Get Rating)

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, the United Kingdom, the rest of Europe, and Canada.

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

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