Stifel Financial (NYSE:SF) Price Target Increased to $65.00 by Analysts at JMP Securities

Stifel Financial (NYSE:SF) had its target price boosted by stock analysts at JMP Securities from $61.00 to $65.00 in a research report issued on Monday, April 8th, Stock Target Advisor reports. The firm presently has a “market outperform” rating on the financial services provider’s stock. JMP Securities’ target price suggests a potential upside of 8.90% from the stock’s previous close.

A number of other equities analysts have also recently weighed in on SF. Zacks Investment Research cut shares of Stifel Financial from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 4th. ValuEngine upgraded shares of Stifel Financial from a “sell” rating to a “hold” rating in a report on Friday, March 1st. Wells Fargo & Co raised their price objective on shares of Stifel Financial from $54.00 to $56.00 and gave the company a “market perform” rating in a report on Friday, April 5th. Finally, TheStreet lowered shares of Stifel Financial from a “b-” rating to a “c+” rating in a report on Monday, December 24th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $59.40.

Shares of SF traded up $1.27 during trading hours on Monday, reaching $59.69. 412,830 shares of the company traded hands, compared to its average volume of 463,209. Stifel Financial has a 12-month low of $38.39 and a 12-month high of $61.93. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.75 and a quick ratio of 0.68. The firm has a market capitalization of $4.24 billion, a PE ratio of 11.30, a price-to-earnings-growth ratio of 1.31 and a beta of 1.88.

Stifel Financial (NYSE:SF) last posted its earnings results on Tuesday, April 30th. The financial services provider reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.11. The business had revenue of $770.40 million for the quarter, compared to analyst estimates of $745.21 million. Stifel Financial had a net margin of 13.28% and a return on equity of 14.98%. The company’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.15 EPS. As a group, research analysts anticipate that Stifel Financial will post 5.7 EPS for the current fiscal year.

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

Several large investors have recently bought and sold shares of the company. Bbva Compass Bancshares Inc. boosted its position in shares of Stifel Financial by 4.5% during the 1st quarter. Bbva Compass Bancshares Inc. now owns 11,357 shares of the financial services provider’s stock valued at $600,000 after purchasing an additional 484 shares in the last quarter. Moody Aldrich Partners LLC boosted its holdings in shares of Stifel Financial by 11.9% in the first quarter. Moody Aldrich Partners LLC now owns 53,064 shares of the financial services provider’s stock worth $2,800,000 after buying an additional 5,652 shares during the period. Stevens Capital Management LP acquired a new position in shares of Stifel Financial in the first quarter worth about $627,000. Texas Permanent School Fund boosted its holdings in shares of Stifel Financial by 3.6% in the first quarter. Texas Permanent School Fund now owns 48,805 shares of the financial services provider’s stock worth $2,575,000 after buying an additional 1,681 shares during the period. Finally, Comerica Bank boosted its holdings in shares of Stifel Financial by 3.9% in the first quarter. Comerica Bank now owns 50,556 shares of the financial services provider’s stock worth $2,911,000 after buying an additional 1,903 shares during the period. Institutional investors own 85.92% of the company’s stock.

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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