Brown Advisory Inc. Purchases 6,318 Shares of Stifel Financial Corp (SF)

Brown Advisory Inc. increased its holdings in shares of Stifel Financial Corp (NYSE:SF) by 55.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,759 shares of the financial services provider’s stock after purchasing an additional 6,318 shares during the period. Brown Advisory Inc.’s holdings in Stifel Financial were worth $736,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of SF. Oregon Public Employees Retirement Fund increased its holdings in Stifel Financial by 4,042.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,179,559 shares of the financial services provider’s stock valued at $28,000 after acquiring an additional 1,151,081 shares in the last quarter. Macquarie Group Ltd. grew its holdings in shares of Stifel Financial by 9.5% during the third quarter. Macquarie Group Ltd. now owns 2,669,554 shares of the financial services provider’s stock worth $136,841,000 after buying an additional 231,712 shares in the last quarter. BlackRock Inc. grew its holdings in shares of Stifel Financial by 2.5% during the fourth quarter. BlackRock Inc. now owns 8,256,150 shares of the financial services provider’s stock worth $341,970,000 after buying an additional 203,597 shares in the last quarter. Hillcrest Asset Management LLC purchased a new stake in shares of Stifel Financial during the third quarter worth about $9,909,000. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Stifel Financial by 6.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,902,555 shares of the financial services provider’s stock worth $120,224,000 after buying an additional 187,187 shares in the last quarter. Hedge funds and other institutional investors own 86.09% of the company’s stock.

In other news, insider Victor Nesi sold 2,500 shares of the company’s stock in a transaction dated Thursday, February 21st. The stock was sold at an average price of $55.03, for a total value of $137,575.00. Following the transaction, the insider now owns 186,160 shares in the company, valued at approximately $10,244,384.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director David A. Peacock bought 2,000 shares of the company’s stock in a transaction dated Tuesday, February 12th. The stock was acquired at an average price of $53.14 per share, for a total transaction of $106,280.00. The disclosure for this purchase can be found here. 3.86% of the stock is currently owned by insiders.

SF has been the topic of several research analyst reports. ValuEngine cut shares of Stifel Financial from a “hold” rating to a “sell” rating in a research report on Monday, February 4th. Wells Fargo & Co lifted their price target on shares of Stifel Financial from $54.00 to $56.00 and gave the company a “market perform” rating in a research report on Friday, April 5th. Zacks Investment Research cut shares of Stifel Financial from a “hold” rating to a “sell” rating in a research report on Wednesday, January 2nd. TheStreet raised shares of Stifel Financial from a “c+” rating to a “b-” rating in a research report on Tuesday, February 5th. Finally, JMP Securities lifted their price target on shares of Stifel Financial from $61.00 to $65.00 and gave the company a “market outperform” rating in a research report on Monday, April 8th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $59.40.

Shares of SF traded down $0.36 during midday trading on Monday, hitting $58.38. 188,711 shares of the stock traded hands, compared to its average volume of 460,691. Stifel Financial Corp has a 1-year low of $38.39 and a 1-year high of $61.93. The company has a market cap of $4.22 billion, a price-to-earnings ratio of 11.06, a price-to-earnings-growth ratio of 1.30 and a beta of 1.85. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.68 and a current ratio of 0.75.

Stifel Financial (NYSE:SF) last posted its quarterly earnings data on Friday, February 1st. The financial services provider reported $1.57 earnings per share for the quarter, topping the consensus estimate of $1.48 by $0.09. The business had revenue of $793.50 million during the quarter, compared to the consensus estimate of $765.48 million. Stifel Financial had a net margin of 13.02% and a return on equity of 14.85%. The company’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.47 earnings per share. Analysts predict that Stifel Financial Corp will post 5.54 EPS for the current year.

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Stifel Financial Company Profile

Stifel Financial Corp. provides securities brokerage, investment banking, trading, investment advisory and related financial services. It operates through the following segments: Global Wealth Management, Institutional Group and Other. The Global Wealth Management segment provides securities transaction, brokerage and investment services to clients.

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Institutional Ownership by Quarter for Stifel Financial (NYSE:SF)

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