November 23, 2016 - By Marie Mckinney
A calculated and well-grounded transaction was made by the shareholder of Stifel Financial Corp, Mr. Allen Brautigam, two days ago, when he unloaded number of company shares – 2,200, totalling $110,440 U.S. Dollars, which is based on a stock price of $50.2 per every share. Allen Brautigam owns 0.05% of the -company’s market cap or 33,068 shares. The original document was revealed on November 23, 2016 with the Washington-based Security and Exchange Commission and is now available online here.
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 -16.90% below today’s ($50.24) stock price. Stifel Financial Corp. has been the topic of 11 analyst reports since August 12, 2015 according to StockzIntelligence Inc. Zacks downgraded the shares of SF in a report on Tuesday, September 1 to “Buy” rating. The firm earned “Buy” rating on Monday, April 4 by Nomura. Nomura maintained the stock with “Buy” rating in Monday, July 11 report. Zacks upgraded the stock to “Hold” rating in Tuesday, September 22 report. The firm earned “Underperform” rating on Monday, February 22 by Credit Suisse. Goldman Sachs upgraded Stifel Financial Corp (NYSE:SF) on Tuesday, January 12 to “Buy” rating. The stock has “Buy” rating given by Nomura on Monday, November 9.
Insitutional Activity: The institutional sentiment increased to 1.08 in Q2 2016. Its up 0.04, from 1.04 in 2016Q1. The ratio is positive, 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.
Blackrock owns 58,684 shares or 0% of their US portfolio. Eulav Asset holds 125,100 shares or 0.22% of its portfolio. Tiaa Cref Investment Mgmt Ltd Liability Corporation last reported 206,275 shares in the company. Channing Capital Ltd Liability accumulated 1.2% or 910,231 shares. The Georgia-based Montag A & has invested 0.64% in Stifel Financial Corp (NYSE:SF). California State Teachers Retirement System owns 134,765 shares or 0.01% of their US portfolio. The New York-based Joel Isaacson Com Limited Liability Company has invested 0% in Stifel Financial Corp (NYSE:SF). Public Employees Retirement Association Of Colorado last reported 153,425 shares in the company. Thompson Siegel & Walmsley Limited Liability owns 359,544 shares or 0.18% of their US portfolio. Checchi Advisers Ltd Company last reported 0% of its portfolio in the stock. Co National Bank & Trust reported 14,949 shares or 0.01% of all its holdings. The Colorado-based Amg Trust Financial Bank has invested 0.05% in Stifel Financial Corp (NYSE:SF). Teacher Retirement System Of Texas accumulated 9,706 shares or 0% of the stock. Springbok Cap Mgmt Lc accumulated 400 shares or 0% of the stock. Panagora Asset has 0% invested in the company for 2,850 shares.
Insider Transactions: Since May 24, 2016, the stock had 0 buys, and 2 sales for $269,412 net activity. WESTBROOK KELVIN R also sold $168,750 worth of Stifel Financial Corp (NYSE:SF) on Wednesday, June 8. $100,662 worth of Stifel Financial Corp (NYSE:SF) shares were sold by Brautigam Allen. Plotkin Ben A also sold $560,256 worth of Stifel Financial Corp (NYSE:SF) shares.
About 273,870 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 $3.38 billion. The Company’s principal subsidiary is Stifel, Nicolaus & Company, Incorporated, a retail and institutional wealth management and investment banking firm. It has a 59.87 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 earnings per share, up 23.53% or $0.12 from last year’s $0.51 per share. SF’s profit will be $42.38M for 19.94 P/E if the $0.63 EPS becomes a reality. After $0.69 actual earnings per share 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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