Sapient Capital LLC Has $262,000 Stock Holdings in Stifel Financial Corp. (NYSE:SF)

Sapient Capital LLC lessened its stake in Stifel Financial Corp. (NYSE:SF) by 18.1% in the third quarter, Holdings Channel reports. The firm owned 2,789 shares of the financial services provider’s stock after selling 615 shares during the quarter. Sapient Capital LLC’s holdings in Stifel Financial were worth $262,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of Stifel Financial by 3.9% during the 1st quarter. Vanguard Group Inc. now owns 10,461,734 shares of the financial services provider’s stock worth $817,794,000 after acquiring an additional 391,384 shares during the period. Earnest Partners LLC grew its position in shares of Stifel Financial by 0.8% in the 2nd quarter. Earnest Partners LLC now owns 2,954,099 shares of the financial services provider’s stock worth $248,587,000 after buying an additional 22,040 shares during the last quarter. Dimensional Fund Advisors LP grew its position in shares of Stifel Financial by 0.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,007,738 shares of the financial services provider’s stock worth $168,932,000 after buying an additional 7,113 shares during the last quarter. LSV Asset Management lifted its stake in shares of Stifel Financial by 3.2% in the 1st quarter. LSV Asset Management now owns 1,799,270 shares of the financial services provider’s stock valued at $140,649,000 after purchasing an additional 56,570 shares during the period. Finally, Principal Financial Group Inc. boosted its holdings in Stifel Financial by 12.8% in the first quarter. Principal Financial Group Inc. now owns 1,332,258 shares of the financial services provider’s stock worth $104,143,000 after acquiring an additional 151,046 shares in the last quarter. Institutional investors own 82.01% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on SF. Wells Fargo & Company upped their price objective on Stifel Financial from $101.00 to $108.00 and gave the company an “overweight” rating in a research report on Wednesday, October 9th. TD Cowen upped their price objective 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 downgraded Stifel Financial from an “outperform” rating to a “peer perform” rating in a report on Monday, July 22nd. JMP Securities lifted their target price on Stifel Financial from $105.00 to $110.00 and gave the stock a “market outperform” rating in a report on Wednesday, October 9th. Finally, The Goldman Sachs Group boosted their price target on Stifel Financial from $85.00 to $94.00 and gave the company a “neutral” rating in a report on Thursday, September 26th. Six research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, Stifel Financial currently has a consensus rating of “Hold” and an average target price of $96.67.

Stifel Financial Stock Up 0.9 %

SF opened at $98.34 on Tuesday. The stock’s fifty day moving average is $88.39 and its 200-day moving average is $83.47. The company has a market capitalization of $10.08 billion, a PE ratio of 20.88 and a beta of 1.09. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.80 and a current ratio of 0.84. Stifel Financial Corp. has a one year low of $54.81 and a one year high of $98.45.

Stifel Financial (NYSE:SF) last posted its quarterly earnings data on Wednesday, July 24th. The financial services provider reported $1.60 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.06. Stifel Financial had a return on equity of 13.24% and a net margin of 11.59%. The business had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.18 billion. During the same quarter in the previous year, the firm earned $1.20 EPS. The firm’s revenue was up 15.9% compared to the same quarter last year. On average, equities analysts predict that Stifel Financial Corp. will post 6.55 EPS for the current fiscal year.

Stifel Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 17th. Shareholders of record on Tuesday, September 3rd were issued a $0.42 dividend. The ex-dividend date was Tuesday, September 3rd. This represents a $1.68 annualized dividend and a dividend yield of 1.71%. Stifel Financial’s dividend payout ratio (DPR) is currently 35.67%.

Stifel Financial Company Profile

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.