Rating Summary: Macquarie Reports Downgrade of Stifel Financial (SF) from “Outperform” to “Neutral” Rating

November 28, 2016 - By whatsonthorold

Rating Summary: Macquarie Reports Downgrade of Stifel Financial (SF) from

Stifel Financial (SF) Downgrade

Stifel Financial (SF)‘s stock was downgraded to a “Neutral” by expert analysts at Macquarie. SF’s “Outperform” rating is no longer valid.

About 86,359 shares traded hands. Stifel Financial Corp (SF) has risen 50.04% since April 25, 2016 and is uptrending. It has outperformed by 44.03% the S&P500.

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 $41.73 million for 19.41 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.

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.

Strs Ohio accumulated 5,500 shares or 0% of the stock. Bluecrest Cap Mngmt has 10,308 shares for 0.01% of their US portfolio. Comerica Natl Bank reported 46,770 shares or 0.01% of all its holdings. Boston Partners, a Massachusetts-based fund reported 802,046 shares. Parametric Portfolio Assoc Ltd Limited Liability Company last reported 0% of its portfolio in the stock. Monarch Prns Asset Ltd Company holds 91,740 shares or 0.29% of its portfolio. Aperio Gru Ltd Limited Liability Company holds 0.01% or 24,976 shares in its portfolio. Moreover, Blackrock Fund Advsr has 0.02% invested in Stifel Financial Corp (NYSE:SF) for 3.29 million shares. Cubist Systematic Strategies reported 19,265 shares or 0.04% of all its holdings. Wesbanco Comml Bank Incorporated last reported 0.09% of its portfolio in the stock. Teachers Retirement Systems Of The State Of Kentucky last reported 0.01% of its portfolio in the stock. The Washington-based Fisher Asset Mgmt Limited Liability Co has invested 0.12% in Stifel Financial Corp (NYSE:SF). Nationwide Fund Advsr has 155,003 shares for 0.02% of their US portfolio. Metropolitan Life Com holds 0.03% or 107,665 shares in its portfolio. Raymond James & Assoc has invested 0% of its portfolio in Stifel Financial Corp (NYSE:SF).

Insider Transactions: Since June 8, 2016, the stock had 0 insider buys, and 17 sales for $14.31 million net activity. The insider HIMELFARB RICHARD J sold $1.00M. 2,200 Stifel Financial Corp (NYSE:SF) shares with value of $110,440 were sold by Brautigam Allen. The insider KRUSZEWSKI RONALD J sold 100,000 shares worth $5.02 million. Shares for $631,064 were sold by Michaud Thomas B. on Tuesday, November 22. 20,000 Stifel Financial Corp (NYSE:SF) shares with value of $1.00 million were sold by WEISEL THOMAS W. SLINEY DAVID D sold $753,000 worth of Stifel Financial Corp (NYSE:SF) on Tuesday, November 22. $251,000 worth of Stifel Financial Corp (NYSE:SF) was sold by DUBINSKY JOHN P.

Stifel Financial Corp. is a financial holding company. The company has a market cap of $3.24 billion. The Company’s principal subsidiary is Stifel, Nicolaus & Company, Incorporated, a retail and institutional wealth management and investment banking firm. It has a 58.28 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.”

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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