Stifel Financial Corp (NYSE:SF) VP Mark P. Fisher sold 10,000 shares of the firm’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $59.33, for a total transaction of $593,300.00. Following the completion of the transaction, the vice president now directly owns 24,911 shares in the company, valued at $1,477,969.63. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of SF traded down $0.05 during trading on Friday, reaching $58.54. 358,133 shares of the company traded hands, compared to its average volume of 437,949. Stifel Financial Corp has a twelve month low of $38.39 and a twelve month high of $61.94. The stock has a market cap of $4.06 billion, a PE ratio of 11.09, a price-to-earnings-growth ratio of 1.71 and a beta of 1.88. The stock has a 50-day simple moving average of $54.74 and a 200-day simple moving average of $56.31. The company has a quick ratio of 0.67, a current ratio of 0.74 and a debt-to-equity ratio of 0.69.

Stifel Financial (NYSE:SF) last announced its quarterly earnings results on Tuesday, July 30th. The financial services provider reported $1.41 earnings per share for the quarter, beating analysts’ consensus estimates of $1.34 by $0.07. Stifel Financial had a net margin of 13.73% and a return on equity of 14.73%. The business had revenue of $800.80 million during the quarter, compared to analysts’ expectations of $780.94 million. During the same period last year, the business earned $1.22 earnings per share. The business’s revenue for the quarter was up 7.8% on a year-over-year basis. On average, equities research analysts predict that Stifel Financial Corp will post 5.68 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, September 16th. Shareholders of record on Tuesday, September 3rd will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.02%. The ex-dividend date is Friday, August 30th. Stifel Financial’s dividend payout ratio is presently 11.36%.

Several research firms have recently weighed in on SF. Compass Point began coverage on shares of Stifel Financial in a research note on Thursday, May 30th. They issued a “buy” rating and a $65.00 price target on the stock. ValuEngine cut shares of Stifel Financial from a “hold” rating to a “sell” rating in a research report on Thursday, August 1st. Finally, Zacks Investment Research upgraded shares of Stifel Financial from a “sell” rating to a “hold” rating in a research report on Saturday, September 7th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $62.67.

Several institutional investors and hedge funds have recently made changes to their positions in the business. Northern Trust Corp increased its position in shares of Stifel Financial by 1.5% during the second quarter. Northern Trust Corp now owns 1,660,653 shares of the financial services provider’s stock valued at $98,077,000 after acquiring an additional 24,677 shares during the last quarter. Earnest Partners LLC increased its position in shares of Stifel Financial by 2.2% during the second quarter. Earnest Partners LLC now owns 1,620,770 shares of the financial services provider’s stock valued at $95,723,000 after acquiring an additional 34,140 shares during the last quarter. Invesco Ltd. increased its position in shares of Stifel Financial by 79.1% during the second quarter. Invesco Ltd. now owns 1,476,082 shares of the financial services provider’s stock valued at $87,177,000 after acquiring an additional 651,701 shares during the last quarter. Prudential Financial Inc. increased its position in shares of Stifel Financial by 70.5% during the second quarter. Prudential Financial Inc. now owns 1,198,061 shares of the financial services provider’s stock valued at $70,758,000 after acquiring an additional 495,421 shares during the last quarter. Finally, Wells Fargo & Company MN increased its position in shares of Stifel Financial by 2.1% during the first quarter. Wells Fargo & Company MN now owns 889,651 shares of the financial services provider’s stock valued at $46,938,000 after acquiring an additional 18,634 shares during the last quarter. Institutional investors and hedge funds own 87.54% of the company’s stock.

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

Featured Story: Why do companies pay special dividends?

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

Receive News & Ratings for Stifel Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stifel Financial and related companies with MarketBeat.com's FREE daily email newsletter.