Mosaic Family Wealth LLC grew its stake in Stifel Financial Corp (NYSE:SF) by 30.1% in the first quarter, Holdings Channel reports. The institutional investor owned 8,643 shares of the financial services provider’s stock after buying an additional 2,000 shares during the quarter. Mosaic Family Wealth LLC’s holdings in Stifel Financial were worth $456,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in SF. Larson Financial Group LLC acquired a new position in shares of Stifel Financial during the 4th quarter worth about $28,000. Oregon Public Employees Retirement Fund lifted its position in shares of Stifel Financial by 4,042.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,179,559 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 1,151,081 shares during the last quarter. Mason Street Advisors LLC lifted its position in shares of Stifel Financial by 1.3% during the 1st quarter. Mason Street Advisors LLC now owns 38,223 shares of the financial services provider’s stock worth $2,017,000 after purchasing an additional 503 shares during the last quarter. Rothschild & Co. Asset Management US Inc. lifted its position in shares of Stifel Financial by 5.0% during the 4th quarter. Rothschild & Co. Asset Management US Inc. now owns 195,596 shares of the financial services provider’s stock worth $8,102,000 after purchasing an additional 9,256 shares during the last quarter. Finally, Thrivent Financial for Lutherans lifted its position in shares of Stifel Financial by 8.2% during the 4th quarter. Thrivent Financial for Lutherans now owns 447,324 shares of the financial services provider’s stock worth $18,643,000 after purchasing an additional 33,770 shares during the last quarter. 86.27% of the stock is owned by institutional investors.

In other news, insider Victor Nesi sold 1,250 shares of the company’s stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $56.04, for a total value of $70,050.00. Following the sale, the insider now directly owns 184,910 shares in the company, valued at approximately $10,362,356.40. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director James M. Oates sold 20,000 shares of the company’s stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $58.61, for a total value of $1,172,200.00. Following the completion of the sale, the director now owns 17,397 shares in the company, valued at $1,019,638.17. The disclosure for this sale can be found here. Corporate insiders own 3.77% of the company’s stock.

Several equities analysts recently issued reports on the company. Goldman Sachs Group upgraded Stifel Financial from a “neutral” rating to a “buy” rating and boosted their price target for the company from $55.00 to $70.00 in a research note on Thursday, May 9th. JMP Securities boosted their price target on Stifel Financial from $61.00 to $65.00 and gave the company a “market outperform” rating in a research note on Monday, April 8th. Wells Fargo & Co boosted their price target on Stifel Financial from $54.00 to $56.00 and gave the company a “market perform” rating in a research note on Friday, April 5th. Zacks Investment Research lowered Stifel Financial from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 4th. Finally, ValuEngine upgraded Stifel Financial from a “sell” rating to a “hold” rating in a research note on Friday, March 1st. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $62.67.

SF traded down $1.04 on Wednesday, hitting $56.93. 6,052 shares of the stock traded hands, compared to its average volume of 462,275. Stifel Financial Corp has a 52 week low of $38.39 and a 52 week high of $60.95. The company has a quick ratio of 0.65, a current ratio of 0.72 and a debt-to-equity ratio of 0.70. The firm has a market capitalization of $4.01 billion, a price-to-earnings ratio of 10.78, a P/E/G ratio of 1.65 and a beta of 1.86.

Stifel Financial (NYSE:SF) last released its quarterly earnings data on Tuesday, April 30th. The financial services provider reported $1.32 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.11. Stifel Financial had a return on equity of 14.77% and a net margin of 13.28%. The company had revenue of $770.40 million for the quarter, compared to analyst estimates of $745.21 million. During the same period in the prior year, the company posted $1.15 EPS. The company’s revenue was up 2.7% compared to the same quarter last year. Equities research analysts expect that Stifel Financial Corp will post 5.7 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 17th. Stockholders of record on Monday, June 3rd will be paid a $0.15 dividend. The ex-dividend date of this dividend is Friday, May 31st. This represents a $0.60 annualized dividend and a dividend yield of 1.05%. Stifel Financial’s dividend payout ratio is currently 11.36%.

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Stifel Financial 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.

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

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