Stifel Financial Corp (NYSE:SF) insider Victor Nesi sold 1,415 shares of the firm’s stock in a transaction that occurred on Wednesday, July 10th. The shares were sold at an average price of $60.12, for a total transaction of $85,069.80. Following the completion of the sale, the insider now directly owns 179,910 shares of the company’s stock, valued at approximately $10,816,189.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Victor Nesi also recently made the following trade(s):

  • On Monday, July 1st, Victor Nesi sold 3,585 shares of Stifel Financial stock. The shares were sold at an average price of $60.00, for a total transaction of $215,100.00.
  • On Wednesday, May 15th, Victor Nesi sold 1,250 shares of Stifel Financial stock. The shares were sold at an average price of $56.04, for a total transaction of $70,050.00.

Shares of SF stock opened at $59.87 on Friday. Stifel Financial Corp has a 52-week low of $38.39 and a 52-week high of $60.25. The company has a market capitalization of $4.21 billion, a PE ratio of 11.34, a PEG ratio of 1.75 and a beta of 1.84. The company has a current ratio of 0.72, a quick ratio of 0.65 and a debt-to-equity ratio of 0.70. The firm has a 50 day simple moving average of $57.11.

Stifel Financial (NYSE:SF) last announced its quarterly earnings data on Tuesday, April 30th. The financial services provider reported $1.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.21 by $0.11. Stifel Financial had a net margin of 13.28% and a return on equity of 14.77%. The firm had revenue of $770.40 million for the quarter, compared to analysts’ expectations of $745.21 million. During the same period last year, the firm earned $1.15 earnings per share. The business’s revenue for the quarter was up 2.7% on a year-over-year basis. As a group, analysts forecast that Stifel Financial Corp will post 5.68 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Monday, June 3rd were paid a $0.15 dividend. The ex-dividend date was Friday, May 31st. This represents a $0.60 dividend on an annualized basis and a yield of 1.00%. Stifel Financial’s payout ratio is presently 11.36%.

Hedge funds have recently made changes to their positions in the business. First Trust Advisors LP lifted its stake in Stifel Financial by 3.8% during the 4th quarter. First Trust Advisors LP now owns 32,088 shares of the financial services provider’s stock worth $1,329,000 after acquiring an additional 1,161 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in Stifel Financial by 9.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 11,550 shares of the financial services provider’s stock worth $478,000 after acquiring an additional 997 shares in the last quarter. Advisor Group Inc. lifted its stake in Stifel Financial by 5.9% during the 4th quarter. Advisor Group Inc. now owns 9,613 shares of the financial services provider’s stock worth $398,000 after acquiring an additional 535 shares in the last quarter. Citigroup Inc. lifted its stake in Stifel Financial by 260.9% during the 4th quarter. Citigroup Inc. now owns 17,620 shares of the financial services provider’s stock worth $730,000 after acquiring an additional 12,738 shares in the last quarter. Finally, Great West Life Assurance Co. Can lifted its stake in Stifel Financial by 7.2% during the 4th quarter. Great West Life Assurance Co. Can now owns 43,434 shares of the financial services provider’s stock worth $1,668,000 after acquiring an additional 2,932 shares in the last quarter. 86.26% of the stock is currently owned by hedge funds and other institutional investors.

SF has been the subject of a number of research reports. Zacks Investment Research raised shares of HB Fuller from a “sell” rating to a “hold” rating in a report on Wednesday, July 3rd. JMP Securities raised their price target on shares of Stifel Financial from $61.00 to $65.00 and gave the company a “market outperform” rating in a report on Monday, April 8th. Compass Point initiated coverage on shares of Stifel Financial in a research note on Thursday, May 30th. They issued a “buy” rating and a $65.00 price objective on the stock. Wells Fargo & Co reaffirmed a “hold” rating on shares of AON in a research note on Friday, April 5th. Finally, Goldman Sachs Group raised shares of MICHELIN COMPAG/ADR from a “neutral” rating to a “buy” rating in a research note on Thursday, May 9th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $62.67.

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, the United Kingdom, rest of Europe, and Asia. The company operates through three segments: Global Wealth Management, Institutional Group, and Other.

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Insider Buying and Selling by Quarter for Stifel Financial (NYSE:SF)

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