Fulton Bank N.A. Has $423,000 Position in Stifel Financial Corp. (NYSE:SF)

Fulton Bank N.A. lowered its stake in shares of Stifel Financial Corp. (NYSE:SF) by 2.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,031 shares of the financial services provider’s stock after selling 144 shares during the period. Fulton Bank N.A.’s holdings in Stifel Financial were worth $423,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Steward Partners Investment Advisory LLC boosted its holdings in Stifel Financial by 0.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 22,537 shares of the financial services provider’s stock worth $1,558,000 after acquiring an additional 141 shares in the last quarter. Boston Partners increased its position in shares of Stifel Financial by 0.5% during the fourth quarter. Boston Partners now owns 37,765 shares of the financial services provider’s stock worth $2,611,000 after acquiring an additional 199 shares in the last quarter. Signaturefd LLC increased its holdings in Stifel Financial by 29.4% during the 4th quarter. Signaturefd LLC now owns 1,030 shares of the financial services provider’s stock worth $71,000 after purchasing an additional 234 shares in the last quarter. Versant Capital Management Inc boosted its holdings in Stifel Financial by 1,818.8% during the 2nd quarter. Versant Capital Management Inc now owns 307 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 291 shares during the last quarter. Finally, Delphi Management Inc. MA grew its stake in shares of Stifel Financial by 1.7% in the 1st quarter. Delphi Management Inc. MA now owns 22,602 shares of the financial services provider’s stock worth $1,767,000 after acquiring an additional 385 shares in the last quarter. Institutional investors own 82.01% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on SF shares. JMP Securities reaffirmed a “market outperform” rating and issued a $88.00 price objective on shares of Stifel Financial in a research report on Tuesday, April 9th. TD Cowen increased their price target on Stifel Financial from $85.00 to $88.00 and gave the company a “hold” rating in a research report on Thursday, July 25th. Wolfe Research cut Stifel Financial from an “outperform” rating to a “peer perform” rating in a research report on Monday, July 22nd. Citigroup upped their price objective on Stifel Financial from $74.00 to $80.00 and gave the company a “neutral” rating in a research note on Thursday, April 11th. Finally, StockNews.com cut Stifel Financial from a “buy” rating to a “hold” rating in a research note on Thursday, July 25th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, Stifel Financial presently has a consensus rating of “Hold” and a consensus price target of $83.50.

Stifel Financial Stock Performance

NYSE:SF traded up $0.65 during trading hours on Wednesday, reaching $79.72. The stock had a trading volume of 195,359 shares, compared to its average volume of 608,970. Stifel Financial Corp. has a 12-month low of $54.81 and a 12-month high of $90.00. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.80 and a current ratio of 0.84. The stock has a 50 day simple moving average of $82.03 and a 200 day simple moving average of $78.82. The stock has a market cap of $8.17 billion, a P/E ratio of 17.97 and a beta of 1.11.

Stifel Financial (NYSE:SF) last announced its quarterly earnings data on Wednesday, July 24th. The financial services provider reported $1.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.54 by $0.06. The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.18 billion. Stifel Financial had a return on equity of 13.33% and a net margin of 11.59%. The firm’s quarterly revenue was up 15.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.20 EPS. On average, research analysts forecast that Stifel Financial Corp. will post 6.55 EPS for the current fiscal year.

About Stifel Financial

Stifel Financial Corp., a financial services and bank holding company, provides retail and institutional wealth management, and investment banking services to individual investors, corporations, municipalities, and institutions in the United States and internationally. It operates in three segments: Global Wealth Management, Institutional Group, and Other.