Macquarie Group Ltd. grew its holdings in shares of Stifel Financial Corporation (NYSE:SF) by 19.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,174,947 shares of the financial services provider’s stock after purchasing an additional 350,536 shares during the period. Macquarie Group Ltd. owned approximately 3.18% of Stifel Financial Corporation worth $100,004,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Amalgamated Bank lifted its stake in Stifel Financial Corporation by 0.3% during the first quarter. Amalgamated Bank now owns 9,058 shares of the financial services provider’s stock valued at $455,000 after buying an additional 23 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in Stifel Financial Corporation by 0.4% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 9,990 shares of the financial services provider’s stock valued at $459,000 after buying an additional 35 shares in the last quarter. Neuberger Berman Group LLC lifted its stake in Stifel Financial Corporation by 0.8% during the second quarter. Neuberger Berman Group LLC now owns 5,627 shares of the financial services provider’s stock valued at $259,000 after buying an additional 42 shares in the last quarter. Greenwood Capital Associates LLC lifted its stake in Stifel Financial Corporation by 2.9% during the second quarter. Greenwood Capital Associates LLC now owns 4,502 shares of the financial services provider’s stock valued at $207,000 after buying an additional 129 shares in the last quarter. Finally, ETRADE Capital Management LLC lifted its stake in Stifel Financial Corporation by 0.7% during the second quarter. ETRADE Capital Management LLC now owns 19,819 shares of the financial services provider’s stock valued at $911,000 after buying an additional 147 shares in the last quarter. Institutional investors own 86.93% of the company’s stock.

In related news, Director David A. Peacock bought 4,500 shares of the firm’s stock in a transaction dated Wednesday, August 2nd. The stock was bought at an average cost of $50.03 per share, for a total transaction of $225,135.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Frederick O. Hanser sold 4,000 shares of the business’s stock in a transaction dated Friday, August 4th. The stock was sold at an average price of $50.00, for a total value of $200,000.00. Following the transaction, the director now owns 33,255 shares of the company’s stock, valued at $1,662,750. The disclosure for this sale can be found here. 3.60% of the stock is currently owned by insiders.

Stifel Financial Corporation (SF) traded up 0.07% during mid-day trading on Thursday, reaching $53.45. 28,245 shares of the company’s stock were exchanged. Stifel Financial Corporation has a 52 week low of $36.71 and a 52 week high of $56.62. The stock has a market cap of $3.65 billion, a P/E ratio of 27.59 and a beta of 1.73. The stock has a 50-day moving average price of $49.21 and a 200-day moving average price of $47.71.

Stifel Financial Corporation (NYSE:SF) last posted its earnings results on Monday, July 31st. The financial services provider reported $0.90 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.76 by $0.14. The company had revenue of $725.60 million during the quarter, compared to analyst estimates of $689.67 million. Stifel Financial Corporation had a return on equity of 9.30% and a net margin of 6.03%. The company’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.69 EPS. On average, analysts forecast that Stifel Financial Corporation will post $3.46 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Friday, September 1st were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, August 30th. This represents a $0.40 annualized dividend and a dividend yield of 0.75%. Stifel Financial Corporation’s payout ratio is currently 20.73%.

A number of analysts have commented on the stock. Zacks Investment Research lowered shares of Stifel Financial Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday. BidaskClub raised shares of Stifel Financial Corporation from a “hold” rating to a “buy” rating in a research note on Thursday, August 3rd. JMP Securities reaffirmed a “neutral” rating on shares of Stifel Financial Corporation in a research note on Friday, August 18th. Wells Fargo & Company reaffirmed a “market perform” rating and set a $50.00 price objective (down from $54.00) on shares of Stifel Financial Corporation in a research note on Monday, June 12th. Finally, TheStreet raised shares of Stifel Financial Corporation from a “c+” rating to a “b” rating in a research note on Monday, July 31st. Eight analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Stifel Financial Corporation currently has an average rating of “Hold” and a consensus price target of $56.00.

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Stifel Financial Corporation Profile

Stifel Financial Corp. is a financial holding company. Its principal subsidiary is Stifel, Nicolaus & Company, Incorporated, a retail and institutional wealth management and investment banking firm. It operates through three segments: Global Wealth Management, Institutional Group and Other. The Global Wealth Management segment consists of the Private Client Group and Stifel Bank businesses.

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Institutional Ownership by Quarter for Stifel Financial Corporation (NYSE:SF)

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