Stifel Financial Corp. (NYSE:SF) is Delphi Management Inc. MA’s 5th Largest Position

Delphi Management Inc. MA grew its holdings in shares of Stifel Financial Corp. (NYSE:SF) by 0.8% in the second quarter, Holdings Channel reports. The institutional investor owned 22,778 shares of the financial services provider’s stock after purchasing an additional 176 shares during the period. Stifel Financial makes up 1.6% of Delphi Management Inc. MA’s holdings, making the stock its 5th biggest holding. Delphi Management Inc. MA’s holdings in Stifel Financial were worth $1,917,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of SF. BNP Paribas Financial Markets increased its position in Stifel Financial by 7.2% in the 4th quarter. BNP Paribas Financial Markets now owns 7,036 shares of the financial services provider’s stock valued at $487,000 after acquiring an additional 471 shares during the period. Steward Partners Investment Advisory LLC increased its position in Stifel Financial by 0.6% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 22,537 shares of the financial services provider’s stock valued at $1,558,000 after acquiring an additional 141 shares during the period. First Trust Advisors LP increased its position in Stifel Financial by 12.4% in the 4th quarter. First Trust Advisors LP now owns 525,026 shares of the financial services provider’s stock valued at $36,306,000 after acquiring an additional 58,013 shares during the period. Integrated Advisors Network LLC acquired a new position in Stifel Financial in the 4th quarter valued at about $3,600,000. Finally, Quadrature Capital Ltd acquired a new position in Stifel Financial in the 4th quarter valued at about $649,000. 82.01% of the stock is owned by hedge funds and other institutional investors.

Stifel Financial Price Performance

Shares of NYSE:SF opened at $93.90 on Tuesday. The business’s 50 day simple moving average is $86.28 and its 200-day simple moving average is $82.06. The firm has a market capitalization of $9.62 billion, a price-to-earnings ratio of 21.34 and a beta of 1.09. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.84 and a quick ratio of 0.80. Stifel Financial Corp. has a 12 month low of $54.81 and a 12 month high of $94.18.

Stifel Financial (NYSE:SF) last announced its quarterly earnings results on Wednesday, July 24th. The financial services provider reported $1.60 EPS for the quarter, topping the consensus estimate of $1.54 by $0.06. The business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.18 billion. Stifel Financial had a return on equity of 13.24% and a net margin of 11.59%. The company’s quarterly revenue was up 15.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.20 EPS. As a group, equities analysts forecast that Stifel Financial Corp. will post 6.55 earnings per share for the current fiscal year.

Stifel Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 17th. Investors of record on Tuesday, September 3rd were paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date was Tuesday, September 3rd. Stifel Financial’s payout ratio is currently 38.18%.

Analyst Ratings Changes

SF has been the topic of several recent research reports. Citigroup boosted their price target on Stifel Financial from $90.00 to $102.00 and gave the company a “neutral” rating in a research report on Friday. Wolfe Research cut Stifel Financial from an “outperform” rating to a “peer perform” rating in a research report on Monday, July 22nd. Wells Fargo & Company began coverage on Stifel Financial in a research report on Thursday, September 12th. They set an “overweight” rating and a $101.00 target price on the stock. StockNews.com cut Stifel Financial from a “buy” rating to a “hold” rating in a research report on Friday, September 20th. Finally, The Goldman Sachs Group boosted their target price on Stifel Financial from $85.00 to $94.00 and gave the stock a “neutral” rating in a research report on Thursday, September 26th. Six research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $94.67.

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.