November 23, 2016 - By Hazel Jackson
After the disclosing of a report filled with U.S. Security & Exchange Commission; a insider trading transaction became apparent. The director of Stifel Financial Corp, James Oates; performed a trade in the open market by selling 5,000 shares at the average share price which was $50.2 of the Missouri-based company having a total value of $251,000 U.S. Dollars. James Oates now indirectly possess 573 shares. He also directly possess 33004 shares. In total he holds a stake of 0.05%.
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 -16.88% below today’s ($50.23) stock price. Stifel Financial Corp. has been the topic of 11 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The rating was upgraded by Zacks on Tuesday, September 22 to “Hold”. Nomura upgraded the stock to “Buy” rating in Monday, November 9 report. Nomura maintained the stock with “Buy” rating in Monday, April 4 report. As per Tuesday, September 1, the company rating was downgraded by Zacks. The firm has “Buy” rating given on Monday, July 11 by Nomura. The firm has “Underperform” rating given on Monday, February 22 by Credit Suisse. The firm has “Buy” rating by Goldman Sachs given on Tuesday, January 12.
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.
Mendon Capital Advisors accumulated 0.32% or 100,000 shares. Amg Natl Trust Bancorp holds 17,847 shares or 0.05% of its portfolio. Swiss Bank & Trust holds 0.01% of its portfolio in Stifel Financial Corp (NYSE:SF) for 117,342 shares. Deutsche Retail Bank Ag accumulated 50,411 shares or 0% of the stock. Logan Capital accumulated 7,272 shares or 0.02% of the stock. The Virginia-based Mngmt Va has invested 0.24% in Stifel Financial Corp (NYSE:SF). Moreover, Geode Mgmt Llc has 0.01% invested in Stifel Financial Corp (NYSE:SF) for 438,679 shares. Thompson Davis And Co holds 0.04% or 746 shares in its portfolio. Hexavest reported 2,000 shares or 0% of all its holdings. State Treasurer State Of Michigan accumulated 0.01% or 26,700 shares. Vanguard Inc accumulated 4.68 million shares or 0.01% of the stock. Price T Rowe Associate Inc Md has 17,226 shares for 0% of their US portfolio. The Guernsey-based Bluecrest Cap Management Ltd has invested 0.01% in Stifel Financial Corp (NYSE:SF). Parametric Assoc Limited Liability Co holds 51,491 shares or 0% of its portfolio. Banc Funds Lc has 0.4% invested in the company for 219,096 shares.
Insider Transactions: Since May 24, 2016, the stock had 0 insider buys, and 2 insider sales for $269,412 net activity. WESTBROOK KELVIN R sold 4,500 shares worth $168,750. 2,725 shares were sold by Brautigam Allen, worth $100,662. 15,270 shares were sold by Plotkin Ben A, worth $560,256.
About 321,489 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 59.86 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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