November 23, 2016 - By Winifred Garcia
As exposed in the Washington-based Security and Exchange Commission, a legal report for the sale of 5,000 shares of Stifel Financial Corp by Bruce Beda was filled. Bruce Beda serves as a director of the firm. The public document was filled on 23/11/2016. The mentioned shares were sold at average $50.2 for a share, and have a value of $251,000 US Dollars. Bruce now owns 22,963 shares accounting for 0.03% of the Company’s market cap
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 -16.92% below today’s ($50.25) stock price. Stifel Financial Corp. has been the topic of 11 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The stock of Stifel Financial Corp (NYSE:SF) has “Buy” rating given on Monday, April 4 by Nomura. Zacks downgraded the shares of SF in a report on Tuesday, September 1 to “Buy” rating. The firm has “Hold” rating by Zacks given on Tuesday, September 22. The company was upgraded on Tuesday, January 12 by Goldman Sachs. The company was maintained on Monday, July 11 by Nomura. The stock of Stifel Financial Corp (NYSE:SF) earned “Underperform” rating by Credit Suisse on Monday, February 22. The rating was upgraded by Nomura to “Buy” 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.
Invesco Limited reported 2.76M shares or 0.03% of all its holdings. Moreover, Cap Mgmt Corp Va has 0.24% invested in Stifel Financial Corp (NYSE:SF) for 20,100 shares. Us Savings Bank De has invested 0% of its portfolio in Stifel Financial Corp (NYSE:SF). Ls Invest Limited Liability Corp accumulated 4,003 shares or 0.01% of the stock. Bnp Paribas Invest Partners holds 64,200 shares or 0.02% of its portfolio. Parametric Ltd Liability Com accumulated 51,491 shares or 0% of the stock. Blackrock Fund Advsrs accumulated 0.02% or 3.29M shares. Northeast has 0.1% invested in the company for 31,974 shares. Geode Cap Mngmt Limited Company has 438,679 shares for 0.01% of their US portfolio. Profund Advisors Lc last reported 14,914 shares in the company. Jefferies Limited Liability holds 52 shares or 0% of its portfolio. The Pennsylvania-based Brandywine Mgmt Ltd Limited Liability Company has invested 0.05% in Stifel Financial Corp (NYSE:SF). Fisher Asset Mgmt Ltd Llc owns 2.16M shares or 0.12% of their US portfolio. Strs Ohio has 5,500 shares for 0% of their US portfolio. Independent Portfolio Consultants holds 0.24% of its portfolio in Stifel Financial Corp (NYSE:SF) for 24,705 shares.
Insider Transactions: Since May 24, 2016, the stock had 0 insider buys, and 2 insider sales for $269,412 net activity. 2,725 shares with value of $100,662 were sold by Brautigam Allen on Tuesday, August 16. Plotkin Ben A had sold 15,270 shares worth $560,256 on Tuesday, May 24. Another trade for 4,500 shares valued at $168,750 was sold by WESTBROOK KELVIN R.
About 320,393 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 59.88 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 $42.38 million for 19.94 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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