3 hours Ago By ABMN Staff
Victory Capital Management Inc. lowered its stake in Stifel Financial Corp. ( NYSE:SF – Free Report ) by 11.
9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 64,996 shares of the financial services provider’s stock after selling 8,796 shares during the quarter.
Victory Capital Management Inc.’s holdings in Stifel Financial were worth $6,895,000 as of its most recent SEC filing. Other institutional investors and hedge funds also recently made changes to their positions in the company.
FMR LLC raised its holdings in Stifel Financial by 18.8% in the 3rd quarter. FMR LLC now owns 7,956,412 shares of the financial services provider’s stock valued at $747,107,000 after acquiring an additional 1,256,595 shares in the last quarter.
Wellington Management Group LLP raised its holdings in Stifel Financial by 78.3% in the 3rd quarter. Wellington Management Group LLP now owns 1,958,709 shares of the financial services provider’s stock valued at $183,923,000 after acquiring an additional 860,465 shares in the last quarter.
Proficio Capital Partners LLC acquired a new position in Stifel Financial in the 4th quarter valued at approximately $162,000. Icon Wealth Advisors LLC acquired a new position in Stifel Financial in the 3rd quarter valued at approximately $12,290,000. Finally, Fisher Asset Management LLC raised its holdings in Stifel Financial by 5.
2% in the 4th quarter. Fisher Asset Management LLC now owns 1,540,584 shares of the financial services provider’s stock valued at $163,425,000 after acquiring an additional 76,163 shares in the last quarter. Institutional investors and hedge funds own 82.
01% of the company’s stock. Stifel Financial Price Performance Shares of NYSE SF opened at $95.25 on Friday.
The business’s 50 day moving average price is $107.99 and its two-hundred day moving average price is $104.07.
The company has a market cap of $9.88 billion, a PE ratio of 15.26 and a beta of 1.
08. The company has a quick ratio of 0.78, a current ratio of 0.
82 and a debt-to-equity ratio of 0.27. Stifel Financial Corp.
has a twelve month low of $72.87 and a twelve month high of $120.64.
Stifel Financial Increases Dividend The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be paid a $0.46 dividend.
This is a boost from Stifel Financial’s previous quarterly dividend of $0.42. This represents a $1.
84 annualized dividend and a dividend yield of 1.93%. The ex-dividend date is Monday, March 3rd.
Stifel Financial’s payout ratio is 29.49%. Analysts Set New Price Targets Several equities research analysts have recently weighed in on the company.
UBS Group upped their price objective on Stifel Financial from $116.00 to $120.00 and gave the company a “neutral” rating in a research note on Monday, February 3rd.
Citigroup upped their price objective on Stifel Financial from $110.00 to $115.00 and gave the company a “neutral” rating in a research note on Friday, January 10th.
Wells Fargo & Company upped their price objective on Stifel Financial from $128.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday, January 30th.
JPMorgan Chase & Co. assumed coverage on Stifel Financial in a research note on Tuesday, December 10th. They issued a “neutral” rating and a $120.
00 price objective on the stock. Finally, JMP Securities upped their price objective on Stifel Financial from $125.00 to $135.
00 and gave the company a “market outperform” rating in a research note on Thursday, January 30th. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $117.
71. Check Out Our Latest Stock Report on Stifel Financial About Stifel Financial ( 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. Further Reading Want to see what other hedge funds are holding SF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Stifel Financial Corp.
( NYSE:SF – Free Report ). 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 .
.
