3,783 Shares in Stifel Financial Corp. (NYSE:SF) Purchased by Sapient Capital LLC

Sapient Capital LLC acquired a new stake in shares of Stifel Financial Corp. (NYSE:SF) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 3,783 shares of the financial services provider’s stock, valued at approximately $262,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in SF. Blue Trust Inc. lifted its stake in Stifel Financial by 9.9% in the 4th quarter. Blue Trust Inc. now owns 2,125 shares of the financial services provider’s stock worth $147,000 after acquiring an additional 192 shares in the last quarter. Nomura Asset Management Co. Ltd. lifted its position in shares of Stifel Financial by 39.3% in the third quarter. Nomura Asset Management Co. Ltd. now owns 730 shares of the financial services provider’s stock worth $45,000 after purchasing an additional 206 shares in the last quarter. Signaturefd LLC boosted its holdings in shares of Stifel Financial by 29.4% during the fourth quarter. Signaturefd LLC now owns 1,030 shares of the financial services provider’s stock worth $71,000 after purchasing an additional 234 shares during the period. Treasurer of the State of North Carolina grew its position in Stifel Financial by 0.5% during the third quarter. Treasurer of the State of North Carolina now owns 46,507 shares of the financial services provider’s stock valued at $2,857,000 after purchasing an additional 235 shares in the last quarter. Finally, Arizona State Retirement System grew its holdings in shares of Stifel Financial by 0.8% during the 3rd quarter. Arizona State Retirement System now owns 30,219 shares of the financial services provider’s stock valued at $1,857,000 after acquiring an additional 249 shares in the last quarter. 82.01% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Stifel Financial

In related news, Director David A. Peacock sold 13,000 shares of the business’s stock in a transaction on Thursday, May 2nd. The shares were sold at an average price of $79.90, for a total transaction of $1,038,700.00. Following the transaction, the director now owns 18,646 shares of the company’s stock, valued at $1,489,815.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, SVP Thomas B. Michaud sold 25,421 shares of the firm’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $74.26, for a total transaction of $1,887,763.46. Following the completion of the transaction, the senior vice president now directly owns 90,055 shares of the company’s stock, valued at approximately $6,687,484.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director David A. Peacock sold 13,000 shares of the stock in a transaction dated Thursday, May 2nd. The stock was sold at an average price of $79.90, for a total transaction of $1,038,700.00. Following the completion of the transaction, the director now directly owns 18,646 shares of the company’s stock, valued at approximately $1,489,815.40. The disclosure for this sale can be found here. Insiders have sold 74,421 shares of company stock valued at $5,639,783 in the last 90 days. 3.52% of the stock is currently owned by insiders.

Stifel Financial Price Performance

NYSE SF opened at $82.79 on Wednesday. Stifel Financial Corp. has a 1 year low of $54.81 and a 1 year high of $83.78. The company has a fifty day simple moving average of $76.70 and a 200 day simple moving average of $70.60. The company has a current ratio of 0.82, a quick ratio of 0.79 and a debt-to-equity ratio of 0.35. The company has a market cap of $8.51 billion, a P/E ratio of 18.82 and a beta of 1.14.

Stifel Financial (NYSE:SF) last released its earnings results on Wednesday, April 24th. The financial services provider reported $1.49 earnings per share for the quarter, missing analysts’ consensus estimates of $1.62 by ($0.13). The firm had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.14 billion. Stifel Financial had a return on equity of 12.39% and a net margin of 11.34%. The firm’s revenue was up 5.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.40 EPS. On average, sell-side analysts predict that Stifel Financial Corp. will post 7.04 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. JMP Securities reiterated a “market outperform” rating and set a $88.00 price target on shares of Stifel Financial in a report on Tuesday, April 9th. Citigroup lifted their target price on shares of Stifel Financial from $74.00 to $80.00 and gave the company a “neutral” rating in a research note on Thursday, April 11th. TD Cowen raised their price target on shares of Stifel Financial from $86.50 to $92.00 and gave the company an “outperform” rating in a report on Friday, March 22nd. StockNews.com upgraded shares of Stifel Financial from a “buy” rating to a “strong-buy” rating in a report on Friday, April 26th. Finally, UBS Group raised their target price on Stifel Financial from $74.00 to $78.00 and gave the company a “neutral” rating in a report on Monday, January 29th. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $84.50.

Stifel Financial Company 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.