Stifel Financial (NYSE:SF) Coverage Initiated by Analysts at UBS Group

Investment analysts at UBS Group began coverage on shares of Stifel Financial (NYSE:SFGet Rating) in a note issued to investors on Tuesday, MarketBeat Ratings reports. The firm set a “neutral” rating on the financial services provider’s stock.

A number of other research analysts also recently issued reports on the stock. JMP Securities decreased their target price on shares of Stifel Financial from $100.00 to $98.00 and set a “market outperform” rating for the company in a research report on Tuesday, October 11th. Citigroup began coverage on shares of Stifel Financial in a report on Tuesday, October 11th. They issued a “neutral” rating and a $60.00 price objective for the company. Finally, StockNews.com began coverage on shares of Stifel Financial in a report on Wednesday, October 12th. They issued a “hold” rating for the company.

Stifel Financial Trading Up 1.3 %

NYSE:SF opened at $64.06 on Tuesday. Stifel Financial has a 12 month low of $49.31 and a 12 month high of $83.28. The firm has a fifty day simple moving average of $57.97 and a 200-day simple moving average of $59.28. The company has a current ratio of 0.82, a quick ratio of 0.79 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $6.81 billion, a P/E ratio of 10.66 and a beta of 1.29.

Institutional Trading of Stifel Financial

A number of institutional investors and hedge funds have recently modified their holdings of SF. CENTRAL TRUST Co increased its stake in shares of Stifel Financial by 49.8% during the first quarter. CENTRAL TRUST Co now owns 749 shares of the financial services provider’s stock worth $51,000 after purchasing an additional 249 shares in the last quarter. State of New Jersey Common Pension Fund D boosted its stake in Stifel Financial by 10.4% during the 1st quarter. State of New Jersey Common Pension Fund D now owns 58,232 shares of the financial services provider’s stock worth $3,954,000 after purchasing an additional 5,493 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of Stifel Financial by 1.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 223,914 shares of the financial services provider’s stock worth $15,204,000 after acquiring an additional 3,458 shares during the period. Advisor Group Holdings Inc. lifted its stake in shares of Stifel Financial by 4.9% in the 1st quarter. Advisor Group Holdings Inc. now owns 23,047 shares of the financial services provider’s stock worth $1,566,000 after acquiring an additional 1,074 shares during the period. Finally, Russell Investments Group Ltd. lifted its stake in shares of Stifel Financial by 118.8% in the 1st quarter. Russell Investments Group Ltd. now owns 51,451 shares of the financial services provider’s stock worth $3,517,000 after acquiring an additional 27,936 shares during the period. Hedge funds and other institutional investors own 84.77% of the company’s stock.

About Stifel Financial

(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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