November 23, 2016 - By Marguerite Chambers
Thomas Michaud, director of Stifel Financial Corp, in an insider trading deal made a sale of 12,571 shares whose worth is estimated to be $631,064 at average stock price of $50.2. For more information of this sale please go to the (SEC)’s filing at your disposal here. Thomas Michaud now has rights to 87,982 shares of the Company.
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 -16.96% below today’s ($50.28) stock price. Stifel Financial Corp. has been the topic of 11 analyst reports since August 12, 2015 according to StockzIntelligence Inc. Nomura maintained Stifel Financial Corp (NYSE:SF) on Monday, April 4 with “Buy” rating. As per Tuesday, September 22, the company rating was upgraded by Zacks. The firm earned “Buy” rating on Tuesday, September 1 by Zacks. The stock of Stifel Financial Corp (NYSE:SF) earned “Buy” rating by Nomura on Monday, July 11. The rating was upgraded by Nomura to “Buy” on Monday, November 9. Goldman Sachs upgraded Stifel Financial Corp (NYSE:SF) on Tuesday, January 12 to “Buy” rating. On Monday, February 22 the stock rating was downgraded by Credit Suisse to “Underperform”.
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.
Ameriprise has 172,085 shares for 0% of their US portfolio. Smith Moore & has invested 0.12% of its portfolio in Stifel Financial Corp (NYSE:SF). South State accumulated 33,094 shares or 0.16% of the stock. Moreover, Lombardia Cap Ptnrs Ltd has 0.71% invested in Stifel Financial Corp (NYSE:SF) for 343,484 shares. Joel Isaacson & holds 0% or 63 shares in its portfolio. Amalgamated Bank accumulated 8,031 shares or 0.02% of the stock. Assetmark Inc holds 1,706 shares or 0% of its portfolio. Bbva Compass National Bank & Trust Inc last reported 0.04% of its portfolio in the stock. Capital Mngmt Corp Va owns 20,100 shares or 0.24% of their US portfolio. Wells Fargo & Mn owns 1.88 million shares or 0.02% of their US portfolio. Eaton Vance Mgmt accumulated 0.01% or 156,596 shares. Parametric Assocs Limited Company holds 0% of its portfolio in Stifel Financial Corp (NYSE:SF) for 51,491 shares. The New York-based Qs Invsts has invested 0% in Stifel Financial Corp (NYSE:SF). Arizona State Retirement accumulated 25,970 shares or 0.01% of the stock. Zurcher Kantonalbank (Zurich Cantonalbank) holds 2,075 shares or 0% of its portfolio.
Insider Transactions: Since May 24, 2016, the stock had 0 insider purchases, and 2 sales for $269,412 net activity. $168,750 worth of shares were sold by WESTBROOK KELVIN R on Wednesday, June 8. 2,725 shares with value of $100,662 were sold by Brautigam Allen on Tuesday, August 16. Plotkin Ben A sold $560,256 worth of stock.
About 279,710 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 59.92 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 $42.35M for 19.95 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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