5 hours Ago By Defense World Staff
Stifel Financial ( NYSE:SF – Free Report ) had its price target increased by Wells Fargo & Company from $128.00 to $135.00 in a report released on Thursday, Benzinga reports.
They currently have an overweight rating on the financial services provider’s stock. A number of other research firms have also weighed in on SF. JMP Securities raised their price objective on shares of Stifel Financial from $105.
00 to $110.00 and gave the company a “market outperform” rating in a research note on Wednesday, October 9th. 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. StockNews.
com downgraded Stifel Financial from a “buy” rating to a “hold” rating in a research note on Thursday, October 3rd. JPMorgan Chase & Co. assumed coverage on Stifel Financial in a research report on Tuesday, December 10th.
They set a “neutral” rating and a $120.00 target price on the stock. Finally, TD Cowen increased their price target on Stifel Financial from $100.
00 to $105.00 and gave the company a “hold” rating in a research report on Thursday, October 24th. Six equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock.
Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $117.33.
Check Out Our Latest Stock Report on SF Stifel Financial Stock Performance Stifel Financial ( NYSE:SF – Get Free Report ) last posted its quarterly earnings results on Wednesday, January 29th. The financial services provider reported $2.23 earnings per share for the quarter, beating the consensus estimate of $1.
96 by $0.27. Stifel Financial had a net margin of 14.
00% and a return on equity of 16.59%. On average, equities analysts forecast that Stifel Financial will post 7.
87 earnings per share for the current year. Stifel Financial Increases Dividend The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be issued a dividend of $0.
46 per share. This is a positive change from Stifel Financial’s previous quarterly dividend of $0.42.
This represents a $1.84 dividend on an annualized basis and a yield of 1.59%.
The ex-dividend date of this dividend is Monday, March 3rd. Stifel Financial’s dividend payout ratio (DPR) is 26.92%.
Insider Buying and Selling at Stifel Financial In other news, COO David D. Sliney sold 25,000 shares of the stock in a transaction that occurred on 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 completion of the transaction, the chief operating officer now directly owns 159,619 shares of the company’s stock, valued at $18,544,535.
42. This represents a 13.54 % decrease in their position.
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website . Corporate insiders own 4.57% of the company’s stock.
Hedge Funds Weigh In On Stifel Financial A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. V Square Quantitative Management LLC bought a new stake in shares of Stifel Financial during the 4th quarter valued at $26,000. Waldron Private Wealth LLC purchased a new stake in shares of Stifel Financial in the third quarter worth about $34,000.
GAMMA Investing LLC boosted its position in shares of 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 acquiring an additional 109 shares during the period.
Versant Capital Management Inc grew its stake in Stifel Financial by 46.5% during the fourth quarter. Versant Capital Management Inc now owns 457 shares of the financial services provider’s stock valued at $48,000 after acquiring an additional 145 shares in the last quarter.
Finally, Mather Group LLC. increased 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 acquiring an additional 90 shares during the period. Institutional investors own 82.
01% of the company’s stock. Stifel Financial Company Profile ( Get Free Report ) 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. See Also Five stocks we like better than Stifel Financial How to Calculate Options Profits ServiceNow Stock Slips, But AI Expansion Signals Long-Term Gains How to Use the MarketBeat Dividend Calculator Microsoft and Meta’s AI Investment Plans Are Full Steam Ahead Election Stocks: How Elections Affect the Stock Market Beyond Self-Driving Cars: Factory Automation Takes Center Stage Receive News & Ratings for Stifel Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stifel Financial and related companies with MarketBeat.com's FREE daily email newsletter .
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