Susquehanna Fundamental Investments LLC Has $15.95 Million Stock Holdings in Stifel Financial Corporation $SF

Susquehanna Fundamental Investments LLC boosted its position in Stifel Financial Corporation (NYSE:SF) by 76.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 228,631 shares of the financial services provider’s stock after acquiring an additional 98,743 shares during the period. Susquehanna Fundamental Investments LLC owned 0.15% of Stifel Financial worth $15,952,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. NewEdge Advisors LLC lifted its stake in shares of Stifel Financial by 5.8% in the first quarter. NewEdge Advisors LLC now owns 2,673 shares of the financial services provider’s stock valued at $252,000 after buying an additional 147 shares in the last quarter. Jones Financial Companies Lllp lifted its position in Stifel Financial by 1,162.6% in the 1st quarter. Jones Financial Companies Lllp now owns 2,702 shares of the financial services provider’s stock valued at $255,000 after acquiring an additional 2,488 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in Stifel Financial by 106.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 974 shares of the financial services provider’s stock valued at $101,000 after acquiring an additional 503 shares in the last quarter. First Trust Advisors LP boosted its stake in Stifel Financial by 86.5% during the 2nd quarter. First Trust Advisors LP now owns 128,630 shares of the financial services provider’s stock valued at $13,349,000 after purchasing an additional 59,662 shares during the last quarter. Finally, Amundi increased its holdings in Stifel Financial by 51.0% during the 2nd quarter. Amundi now owns 31,906 shares of the financial services provider’s stock worth $3,425,000 after purchasing an additional 10,771 shares in the last quarter. Institutional investors own 82.01% of the company’s stock.

Stifel Financial Stock Up 0.0%

Stifel Financial stock opened at $81.31 on Monday. Stifel Financial Corporation has a twelve month low of $67.81 and a twelve month high of $89.83. The firm has a 50 day moving average price of $78.90 and a 200-day moving average price of $76.25. The company has a market capitalization of $12.28 billion, a P/E ratio of 14.55 and a beta of 0.99. The company has a quick ratio of 0.83, a current ratio of 0.88 and a debt-to-equity ratio of 0.33.

Stifel Financial (NYSE:SF) last posted its quarterly earnings results on Wednesday, July 22nd. The financial services provider reported $1.42 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.09. Stifel Financial had a net margin of 16.11% and a return on equity of 19.22%. The company had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.42 billion. During the same quarter in the previous year, the firm posted $1.71 EPS. Stifel Financial’s revenue was up 13.0% on a year-over-year basis. As a group, equities analysts predict that Stifel Financial Corporation will post 6.36 EPS for the current year.

Stifel Financial Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a $0.34 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $1.36 annualized dividend and a dividend yield of 1.7%. Stifel Financial’s payout ratio is presently 24.33%.

Analyst Ratings Changes

SF has been the topic of a number of recent research reports. Zacks Research upgraded Stifel Financial from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 20th. UBS Group set a $90.00 price target on Stifel Financial in a research report on Thursday, July 23rd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Stifel Financial in a report on Wednesday. JPMorgan Chase & Co. upped their target price on shares of Stifel Financial from $80.00 to $86.00 and gave the stock a “neutral” rating in a research note on Thursday, July 23rd. Finally, Wall Street Zen downgraded shares of Stifel Financial from a “buy” rating to a “hold” rating in a report on Sunday, August 9th. Five research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $91.90.

Insider Activity at Stifel Financial

In other news, Director Maryam S. Brown sold 4,700 shares of the stock in a transaction on Thursday, July 23rd. The stock was sold at an average price of $79.20, for a total transaction of $372,240.00. Following the completion of the transaction, the director owned 5,729 shares in the company, valued at approximately $453,736.80. This represents a 45.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.36% of the stock is owned by corporate insiders.

Stifel Financial Company Profile

Stifel Financial Corp. is a diversified financial services holding company headquartered in St. Louis, Missouri. Founded in 1890, the firm has grown into a full‐service brokerage and investment banking organization serving individual investors, corporations and institutions. Through its principal subsidiary, Stifel, Nicolaus & Company, Incorporated, the company delivers a broad array of financial products and services backed by research‐driven insights.

The firm’s main business activities are organized into two core segments: Private Client Group and Institutional Group.