November 23, 2016 - By Ellis Scott
Mr. Thomas Mulroy, the crucial Director at Stifel Financial Corp has a few days ago been connected with a broker trade of 25,000 shares of the corporation, valued at $50.2 per share. The transaction amounted to a total value of of $1,255,000 U.S Dollars. The public filing was made public on November 23, 2016 with the U.S. Security and Exchange Commission and is now available for public review here. This stocks unloading decreased his ownership of the Company to 0.23% market cap or 150,189 shares.
Out of 5 analysts covering Stifel Financial Corp. (NYSE:SF), 2 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 40% are positive. $58 is the highest target while $27 is the lowest. The $41.75 average target is -17.03% below today’s ($50.32) stock price. Stifel Financial Corp. has been the topic of 11 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Monday, July 11 by Nomura. Goldman Sachs upgraded the stock to “Buy” rating in Tuesday, January 12 report. As per Tuesday, September 22, the company rating was upgraded by Zacks. Credit Suisse downgraded it to “Underperform” rating and $27 target price in Monday, February 22 report. The firm has “Buy” rating given on Tuesday, September 1 by Zacks. The firm has “Buy” rating given on Monday, November 9 by Nomura. The firm has “Buy” rating by Nomura given on Monday, April 4.
Insitutional Activity: The institutional sentiment increased to 1.08 in 2016 Q2. Its up 0.04, from 1.04 in 2016Q1. The ratio increased, as 22 funds sold all Stifel Financial Corp shares owned while 69 reduced positions. 32 funds bought stakes while 63 increased positions. They now own 56.23 million shares or 1.17% less from 56.90 million shares in 2016Q1.
Tributary Capital Ltd Com, a Colorado-based fund reported 244,826 shares. Buckhead Capital Management Limited Liability Corporation has invested 0.59% of its portfolio in Stifel Financial Corp (NYSE:SF). Great West Life Assurance Can accumulated 0% or 8,331 shares. Alliancebernstein Limited Partnership last reported 0.05% of its portfolio in the stock. Capstone Asset Mgmt accumulated 0.01% or 6,540 shares. Advantus Capital Mgmt Inc last reported 0.01% of its portfolio in the stock. Cramer Rosenthal Mcglynn Limited Co last reported 0.78% of its portfolio in the stock. Deutsche Financial Bank Ag holds 50,411 shares or 0% of its portfolio. Independent Portfolio Consultants holds 24,705 shares or 0.24% of its portfolio. The Illinois-based First Tru Advsr Limited Partnership has invested 0% in Stifel Financial Corp (NYSE:SF). Moreover, Smith Graham & Com Advisors Lp has 0.46% invested in Stifel Financial Corp (NYSE:SF) for 105,350 shares. Channing Limited Liability has invested 1.2% of its portfolio in Stifel Financial Corp (NYSE:SF). Nomura Asset Management Ltd last reported 0% of its portfolio in the stock. Nichols Asset Mngmt Ltd Com last reported 11,730 shares in the company. Salem Investment Counselors owns 32,300 shares or 0.12% of their US portfolio.
Insider Transactions: Since May 24, 2016, the stock had 0 insider buys, and 2 sales for $269,412 net activity. Plotkin Ben A sold $560,256 worth of stock or 15,270 shares. Another trade for 4,500 shares valued at $168,750 was sold by WESTBROOK KELVIN R. 2,725 shares were sold by Brautigam Allen, worth $100,662.
About 271,658 shares traded hands. Stifel Financial Corp (NYSE:SF) has risen 51.48% since April 21, 2016 and is uptrending. It has outperformed by 46.15% the S&P500.
Stifel Financial Corp. is a financial holding company. The company has a market cap of $3.39 billion. The Company’s principal subsidiary is Stifel, Nicolaus & Company, Incorporated, a retail and institutional wealth management and investment banking firm. It has a 59.96 P/E ratio. The Company’s principal activities are private client services, including securities transaction and financial planning services; institutional equity and fixed income sales, trading, research and municipal finance; investment banking services, including mergers and acquisitions, public offerings and private placements, and retail and commercial banking, including personal and commercial lending programs.
According to Zacks Investment Research, “Stifel Financial Corp. is a holding company for Stifel Nicolaus & Company, Incorporated.”
Analysts await Stifel Financial Corp (NYSE:SF) to report earnings on February, 28. They expect $0.63 EPS, up 23.53% or $0.12 from last year’s $0.51 per share. SF’s profit will be $42.44 million for 19.97 P/E if the $0.63 EPS becomes a reality. After $0.69 actual EPS reported by Stifel Financial Corp for the previous quarter, Wall Street now forecasts -8.70% negative EPS growth.
Another recent and important Stifel Financial Corp (NYSE:SF) news was published by Streetinsider.com which published an article titled: “Form 4 STIFEL FINANCIAL CORP For: Nov 22 Filed by: Plotkin Ben A” on November 23, 2016.
Stifel Financial Corp., incorporated on December 31, 1981, is a financial holding company. The Company’s principal subsidiary is Stifel, Nicolaus & Company, Incorporated (Stifel), a full-service retail and institutional wealth management and investment banking firm. The Company’s principal activities are private client services, including securities transaction and financial planning services; institutional equity and fixed income sales, trading, research and municipal finance; investment banking services, including mergers and acquisitions, public offerings and private placements, and retail and commercial banking, including personal and commercial lending programs. The Firm operates through three divisions: Global Wealth Management, Institutional Group and Other. The Global Wealth Management segment consists of two businesses, such as the Private Client Group and Stifel Bank. The Private Client Group includes branch offices and independent contractor offices of its broker-dealer subsidiaries located throughout the United States. These branches provide securities brokerage services, including the sale of equities, mutual funds, fixed income products and insurance, as well as offers banking products to its private clients through Stifel Bank, which provides residential, consumer and commercial lending, as well as the Federal Deposit Insurance Corporation (FDIC)-insured deposit accounts to clients of its broker-dealer subsidiaries and to the general public. The Institutional Group segment includes research, equity and fixed income institutional sales and trading, investment banking, public finance, and syndicate. The Other segment includes interest income from stock borrow activities and interest income, among others.
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By Ellis Scott