Stifel Financial Corporation $SF Stock Acquired by Machina Capital S.A.S.

Machina Capital S.A.S. lifted its holdings in Stifel Financial Corporation (NYSE:SF) by 95.7% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,259 shares of the financial services provider’s stock after purchasing an additional 8,927 shares during the period. Machina Capital S.A.S.’s holdings in Stifel Financial were worth $1,279,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in SF. Danske Bank A S acquired a new position in shares of Stifel Financial in the second quarter worth $31,000. Elevation Wealth Partners LLC increased its position in shares of Stifel Financial by 92.8% during the third quarter. Elevation Wealth Partners LLC now owns 457 shares of the financial services provider’s stock worth $32,000 after acquiring an additional 220 shares during the period. JTC Employer Solutions Trustee Ltd raised its stake in shares of Stifel Financial by 49.8% in the first quarter. JTC Employer Solutions Trustee Ltd now owns 481 shares of the financial services provider’s stock valued at $36,000 after acquiring an additional 160 shares in the last quarter. Keating Financial Advisory Services Inc. acquired a new stake in shares of Stifel Financial in the second quarter valued at $35,000. Finally, Caitlin John LLC acquired a new stake in shares of Stifel Financial in the second quarter valued at $41,000. 82.01% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Weiss Ratings reissued a “buy (b-)” rating on shares of Stifel Financial in a research note on Wednesday, August 26th. TD Cowen cut their price target on Stifel Financial from $84.00 to $78.00 and set a “hold” rating on the stock in a report on Monday, October 12th. Zacks Research lowered Stifel Financial from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 22nd. BMO Capital Markets decreased their price objective on Stifel Financial from $85.00 to $75.00 and set a “market perform” rating for the company in a research note on Tuesday, October 6th. Finally, JPMorgan Chase & Co. decreased their price objective on Stifel Financial from $82.00 to $80.00 and set a “neutral” rating for the company in a research note on Thursday, October 22nd. Five analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $85.71.

Stifel Financial Stock Down 1.0%

Shares of NYSE SF opened at $72.26 on Friday. The company has a market capitalization of $10.78 billion, a price-to-earnings ratio of 12.00 and a beta of 1.01. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.87 and a quick ratio of 0.82. The business has a 50-day moving average of $71.74 and a two-hundred day moving average of $75.63. Stifel Financial Corporation has a 1 year low of $65.40 and a 1 year high of $89.83.

Stifel Financial (NYSE:SF) last released its quarterly earnings data on Wednesday, October 21st. The financial services provider reported $1.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.02. Stifel Financial had a return on equity of 19.33% and a net margin of 16.50%. The business had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.45 billion. During the same period in the prior year, the firm posted $1.95 EPS. The business’s quarterly revenue was down .2% compared to the same quarter last year. On average, analysts forecast that Stifel Financial Corporation will post 6.08 earnings per share for the current fiscal year.

Stifel Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Tuesday, December 1st will be paid a dividend of $0.34 per share. The ex-dividend date is Tuesday, December 1st. This represents a $1.36 annualized dividend and a yield of 1.9%. Stifel Financial’s payout ratio is presently 23.61%.

Stifel Financial Profile

Stifel Financial Corp. is a financial services holding company headquartered in St. Louis, Missouri. Founded in 1890 as a brokerage firm, it has grown into a provider of services for individual investors, businesses, and institutional clients. Through its wealth management business, Stifel offers investment advice, financial planning, brokerage services, and related banking and lending services. Its institutional businesses provide equity and fixed-income research, sales and trading, and investment banking services, including advice on mergers and acquisitions and assistance with securities offerings.