Insiders Don’t Lie: Reasons for James Zemlyak’s Shares Unload of Stifel Financial Corp (NYSE:SF)’s Stock

November 23, 2016 - By Michael Collier

Insiders Don't Lie: Reasons for James Zemlyak's Shares Unload of Stifel Financial Corp (NYSE:SF)'s Stock

James Zemlyak Insider Sell

James Zemlyak, CHIEF FIN’L & ADMIN OFFCR of Stifel Financial Corp is the insider, our company want to reveal transactions for. Mr. James submitted a legally required report with the Security Exchange Commission disclosing a trade for 15,000 shares of the Missouri-based company, the one he is an insider in. At the time of the selling trade, the average market stock price of Stifel Financial Corp was $50.2, making the trade worth $753,000 U.S. Dollars. James Zemlyak now possess 728,105 shares of the Firm.

Stifel Financial Corp (NYSE:SF) Ratings Coverage

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 -16.83% below today’s ($50.2) 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 Tuesday, September 1 by Zacks. Goldman Sachs upgraded the stock to “Buy” rating in Tuesday, January 12 report. As per Monday, November 9, the company rating was upgraded by Nomura. The firm earned “Hold” rating on Tuesday, September 22 by Zacks. On Monday, February 22 the stock rating was downgraded by Credit Suisse to “Underperform”. Nomura maintained Stifel Financial Corp (NYSE:SF) rating on Monday, July 11. Nomura has “Buy” rating and $43 price target. The firm has “Buy” rating given on Monday, April 4 by Nomura.

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.

Raymond James Assocs last reported 0% of its portfolio in the stock. Zurcher Kantonalbank (Zurich Cantonalbank) reported 2,075 shares or 0% of all its holdings. Brown Advisory holds 17,208 shares or 0% of its portfolio. South State Corp holds 33,094 shares or 0.16% of its portfolio. Wealthtrust, a Alabama-based fund reported 65 shares. Salem Investment Counselors last reported 32,300 shares in the company. Nomura Asset Mngmt Limited holds 0% of its portfolio in Stifel Financial Corp (NYSE:SF) for 2,190 shares. Capstone Asset holds 0.01% of its portfolio in Stifel Financial Corp (NYSE:SF) for 6,540 shares. Nj State Employees Deferred Compensation Plan owns 25,000 shares or 0.17% of their US portfolio. Arizona State Retirement Sys last reported 0.01% of its portfolio in the stock. Strs Ohio last reported 0% of its portfolio in the stock. The New Jersey-based Systematic Fin L P has invested 0.14% in Stifel Financial Corp (NYSE:SF). Montag A & Assocs last reported 0.64% of its portfolio in the stock. Smith Graham & Investment Advisors L P accumulated 0.46% or 105,350 shares. Deutsche Bancshares Ag has 0% invested in the company for 50,411 shares.

Insider Transactions: Since May 24, 2016, the stock had 0 insider buys, and 2 insider sales for $269,412 net activity. 15,270 shares with value of $560,256 were sold by Plotkin Ben A on Tuesday, May 24. Brautigam Allen sold $100,662 worth of Stifel Financial Corp (NYSE:SF) on Tuesday, August 16. WESTBROOK KELVIN R sold $168,750 worth of stock.

About 272,627 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 59.82 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 $42.42 million for 19.92 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.

SF Company Profile

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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