Stifel Financial (NYSE:SF) PT Raised to $105.00

Stifel Financial (NYSE:SF) had its price target hoisted by equities research analysts at TD Cowen from $100.00 to $105.00 in a research note issued on Thursday, Benzinga reports. The brokerage currently has a “hold” rating on the financial services provider’s stock. TD Cowen’s price objective would suggest a potential upside of 1.48% from the stock’s previous close.

Other analysts have also issued reports about the company. Citigroup increased their target price on Stifel Financial from $90.00 to $102.00 and gave the stock a “neutral” rating in a report on Friday, September 27th. JMP Securities lifted their target price on shares of Stifel Financial from $105.00 to $110.00 and gave the stock a “market outperform” rating in a research report on Wednesday, October 9th. Wolfe Research downgraded shares of Stifel Financial from an “outperform” rating to a “peer perform” rating in a research note on Monday, July 22nd. Wells Fargo & Company boosted their price objective on shares of Stifel Financial from $108.00 to $113.00 and gave the stock an “overweight” rating in a research note on Thursday. Finally, StockNews.com lowered Stifel Financial from a “buy” rating to a “hold” rating in a research report on Thursday, October 3rd. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $100.33.

Stifel Financial Stock Down 0.8 %

NYSE:SF opened at $103.47 on Thursday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.80 and a current ratio of 0.84. Stifel Financial has a 52-week low of $55.01 and a 52-week high of $105.35. The company has a market cap of $10.61 billion, a PE ratio of 21.97 and a beta of 1.09. The stock has a 50-day simple moving average of $91.97 and a 200 day simple moving average of $84.93.

Stifel Financial (NYSE:SF) last announced its quarterly earnings data on Wednesday, October 23rd. The financial services provider reported $1.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.60 by ($0.10). Stifel Financial had a return on equity of 13.24% and a net margin of 11.59%. The company had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter in the prior year, the company earned $0.60 EPS. The company’s revenue for the quarter was up 17.2% on a year-over-year basis. On average, sell-side analysts expect that Stifel Financial will post 6.49 EPS for the current fiscal year.

Institutional Trading of Stifel Financial

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Versant Capital Management Inc lifted its position in Stifel Financial by 1,818.8% in the 2nd quarter. Versant Capital Management Inc now owns 307 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 291 shares in the last quarter. Waldron Private Wealth LLC purchased a new stake in shares of Stifel Financial in the third quarter valued at about $34,000. Fidelis Capital Partners LLC bought a new position in shares of Stifel Financial during the first quarter valued at about $32,000. Mitsubishi UFJ Trust & Banking Corp bought a new stake in Stifel Financial in the 1st quarter worth about $33,000. Finally, GAMMA Investing LLC increased its stake in Stifel Financial by 27.7% in the 3rd quarter. GAMMA Investing LLC now owns 503 shares of the financial services provider’s stock valued at $47,000 after buying an additional 109 shares during the last quarter. 82.01% of the stock is owned by institutional investors.

About Stifel Financial

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.