Insider Selling: Stifel Financial Corp (NYSE:SF) Director Sells 2,150 Shares of Stock

Stifel Financial Corp (NYSE:SF) Director John P. Dubinsky sold 2,150 shares of Stifel Financial stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $56.79, for a total value of $122,098.50. Following the completion of the sale, the director now owns 25,306 shares in the company, valued at $1,437,127.74. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Shares of SF stock traded up $0.62 during midday trading on Wednesday, reaching $58.98. 360,567 shares of the stock were exchanged, compared to its average volume of 438,981. Stifel Financial Corp has a 1 year low of $38.39 and a 1 year high of $61.94. The company’s 50 day moving average is $54.73 and its two-hundred day moving average is $56.29. The company has a current ratio of 0.74, a quick ratio of 0.67 and a debt-to-equity ratio of 0.69. The firm has a market cap of $3.91 billion, a PE ratio of 11.17, a price-to-earnings-growth ratio of 1.65 and a beta of 1.88.

Stifel Financial (NYSE:SF) last released its quarterly earnings results on Tuesday, July 30th. The financial services provider reported $1.41 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.34 by $0.07. The company had revenue of $800.80 million for the quarter, compared to analyst estimates of $780.94 million. Stifel Financial had a return on equity of 14.73% and a net margin of 13.73%. The firm’s revenue was up 7.8% on a year-over-year basis. During the same period in the previous year, the company posted $1.22 earnings per share. As a group, equities analysts expect that Stifel Financial Corp will post 5.68 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 16th. Shareholders of record on Tuesday, September 3rd will be issued a $0.15 dividend. The ex-dividend date of this dividend is Friday, August 30th. This represents a $0.60 dividend on an annualized basis and a yield of 1.02%. Stifel Financial’s dividend payout ratio (DPR) is 11.36%.

A number of institutional investors have recently made changes to their positions in SF. NumerixS Investment Technologies Inc boosted its holdings in shares of Stifel Financial by 75.0% during the 2nd quarter. NumerixS Investment Technologies Inc now owns 700 shares of the financial services provider’s stock valued at $41,000 after buying an additional 300 shares in the last quarter. Pearl River Capital LLC bought a new position in shares of Stifel Financial in the 2nd quarter worth about $46,000. Stonebridge Capital Advisors LLC purchased a new position in Stifel Financial during the 2nd quarter valued at about $61,000. Tower Research Capital LLC TRC lifted its position in Stifel Financial by 7,113.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,082 shares of the financial services provider’s stock valued at $64,000 after acquiring an additional 1,067 shares during the period. Finally, Ladenburg Thalmann Financial Services Inc. boosted its stake in Stifel Financial by 22.1% during the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,170 shares of the financial services provider’s stock worth $70,000 after acquiring an additional 212 shares in the last quarter. 87.54% of the stock is owned by institutional investors and hedge funds.

A number of analysts recently commented on the company. Compass Point began coverage on Stifel Financial in a research note on Thursday, May 30th. They issued a “buy” rating and a $65.00 price target for the company. ValuEngine cut shares of Stifel Financial from a “hold” rating to a “sell” rating in a report on Thursday, August 1st. Finally, Zacks Investment Research upgraded shares of Stifel Financial from a “sell” rating to a “hold” rating in a report on Saturday. One investment analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company’s stock. Stifel Financial has a consensus rating of “Buy” and a consensus price target 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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