Two Sigma Investments LP Makes New $11.29 Million Investment in Stifel Financial Corp. (NYSE:SF)

Two Sigma Investments LP purchased a new position in shares of Stifel Financial Corp. (NYSE:SF) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 106,450 shares of the financial services provider’s stock, valued at approximately $11,292,000. Two Sigma Investments LP owned about 0.10% of Stifel Financial as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in SF. Mather Group LLC. lifted its position in shares of Stifel Financial by 14.6% during the 4th quarter. Mather Group LLC. now owns 707 shares of the financial services provider’s stock valued at $75,000 after acquiring an additional 90 shares during the period. Hancock Whitney Corp lifted its position in shares of Stifel Financial by 1.3% during the 4th quarter. Hancock Whitney Corp now owns 7,541 shares of the financial services provider’s stock valued at $800,000 after acquiring an additional 99 shares during the period. Bessemer Group Inc. lifted its position in shares of Stifel Financial by 52.1% during the 4th quarter. Bessemer Group Inc. now owns 321 shares of the financial services provider’s stock valued at $34,000 after acquiring an additional 110 shares during the period. Smartleaf Asset Management LLC lifted its position in shares of Stifel Financial by 26.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 528 shares of the financial services provider’s stock valued at $56,000 after acquiring an additional 111 shares during the period. Finally, MML Investors Services LLC lifted its position in shares of Stifel Financial by 0.5% during the 4th quarter. MML Investors Services LLC now owns 28,657 shares of the financial services provider’s stock valued at $3,040,000 after acquiring an additional 136 shares during the period. Institutional investors own 82.01% of the company’s stock.

Stifel Financial Price Performance

NYSE SF opened at $93.22 on Friday. The company has a market cap of $9.58 billion, a PE ratio of 14.94 and a beta of 1.07. Stifel Financial Corp. has a 52 week low of $73.27 and a 52 week high of $120.64. The company has a quick ratio of 0.78, a current ratio of 0.82 and a debt-to-equity ratio of 0.27. The firm’s 50-day simple moving average is $90.16 and its two-hundred day simple moving average is $102.67.

Stifel Financial (NYSE:SF) last announced its quarterly earnings results on Wednesday, April 23rd. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.64 by ($1.15). Stifel Financial had a return on equity of 16.59% and a net margin of 14.00%. The firm had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same period in the previous year, the company posted $1.49 earnings per share. The company’s quarterly revenue was up 7.9% compared to the same quarter last year. Research analysts predict that Stifel Financial Corp. will post 8.26 earnings per share for the current year.

Stifel Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Monday, June 2nd will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 1.97%. The ex-dividend date of this dividend is Monday, June 2nd. Stifel Financial’s dividend payout ratio (DPR) is 35.18%.

Wall Street Analysts Forecast Growth

SF has been the subject of a number of recent research reports. Citigroup decreased their price target on shares of Stifel Financial from $125.00 to $105.00 and set a “neutral” rating for the company in a research note on Wednesday, April 2nd. Wells Fargo & Company decreased their price target on shares of Stifel Financial from $106.00 to $102.00 and set an “overweight” rating for the company in a research note on Thursday, April 24th. JMP Securities decreased their price target on shares of Stifel Financial from $135.00 to $120.00 and set a “market outperform” rating for the company in a research note on Tuesday, April 8th. TD Cowen decreased their price target on shares of Stifel Financial from $124.00 to $84.00 and set a “hold” rating for the company in a research note on Wednesday, April 9th. Finally, Wolfe Research upgraded shares of Stifel Financial from a “peer perform” rating to an “outperform” rating and set a $108.00 price target for the company in a research note on Thursday, April 24th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Stifel Financial presently has a consensus rating of “Hold” and an average target price of $105.50.

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.