December 1, 2016 - By Richard Conner · 0 Comments
Stifel Financial Corp (NYSE:SF) institutional sentiment increased to 1.08 in Q2 2016. Its up 0.04, from 1.04 in 2016Q1. The ratio has increased, as 95 institutional investors increased or opened new equity positions, while 91 cut down and sold stakes in Stifel Financial Corp. The institutional investors in our partner’s database now own: 56.23 million shares, down from 56.90 million shares in 2016Q1. Also, the number of institutional investors holding Stifel Financial Corp in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 22 Reduced: 69 Increased: 63 New Position: 32.
Stifel Financial Corp. is a financial holding company. The company has a market cap of $3.42 billion. The Company’s principal subsidiary is Stifel, Nicolaus & Company, Incorporated, a retail and institutional wealth management and investment banking firm. It has a 60.68 P/E ratio. The Company’s principal activities are private client services, including securities transaction and financial planning services; institutional equity and fixed income sales, trading, research and municipal finance; investment banking services, including mergers and acquisitions, public offerings and private placements, and retail and commercial banking, including personal and commercial lending programs.
About 154,527 shares traded hands. Stifel Financial Corp (NYSE:SF) has risen 49.12% since April 28, 2016 and is uptrending. It has outperformed by 43.19% the S&P500.
Analysts await Stifel Financial Corp (NYSE:SF) to report earnings on February, 28. They expect $0.63 EPS, up 23.53% or $0.12 from last year’s $0.51 per share. SF’s profit will be $42.31M for 20.21 P/E if the $0.63 EPS becomes a reality. After $0.69 actual EPS reported by Stifel Financial Corp for the previous quarter, Wall Street now forecasts -8.70% negative EPS growth.
According to Zacks Investment Research, “Stifel Financial Corp. is a holding company for Stifel Nicolaus & Company, Incorporated.”
Channing Capital Management Llc holds 1.2% of its portfolio in Stifel Financial Corp for 910,231 shares. Tributary Capital Management Llc owns 244,826 shares or 1.12% of their US portfolio. Moreover, Tanaka Capital Management Inc has 1.11% invested in the company for 13,760 shares. The Massachusetts-based Trillium Asset Management Llc has invested 0.84% in the stock. Cramer Rosenthal Mcglynn Llc, a New York-based fund reported 1.54 million shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 0 buys, and 17 selling transactions for $14.31 million net activity.
Ratings analysis reveals 33% of Stifel Financial Corp.’s analysts are positive. Out of 6 Wall Street analysts rating Stifel Financial Corp., 2 give it “Buy”, 1 “Sell” rating, while 3 recommend “Hold”. The lowest target is $27 while the high is $58. The stock’s average target of $41.75 is -18.01% below today’s ($50.92) share price. SF was included in 12 notes of analysts from August 12, 2015. The stock of Stifel Financial Corp (NYSE:SF) has “Buy” rating given on Tuesday, September 1 by Zacks. On Tuesday, September 22 the stock rating was upgraded by Zacks to “Hold”. The stock has “Underperform” rating given by Credit Suisse on Monday, February 22. The stock of Stifel Financial Corp (NYSE:SF) has “Neutral” rating given on Monday, November 28 by Macquarie Research. The company was upgraded on Monday, November 9 by Nomura. Nomura maintained the shares of SF in a report on Monday, April 4 with “Buy” rating. The rating was upgraded by Goldman Sachs to “Buy” on Tuesday, January 12. The stock of Stifel Financial Corp (NYSE:SF) earned “Buy” rating by Nomura on Monday, July 11.
Stifel Financial Corp., incorporated on December 31, 1981, is a financial holding company. The Company’s principal subsidiary is Stifel, Nicolaus & Company, Incorporated (Stifel), a full-service retail and institutional wealth management and investment banking firm. The Company’s principal activities are private client services, including securities transaction and financial planning services; institutional equity and fixed income sales, trading, research and municipal finance; investment banking services, including mergers and acquisitions, public offerings and private placements, and retail and commercial banking, including personal and commercial lending programs. The Firm operates through three divisions: Global Wealth Management, Institutional Group and Other. The Global Wealth Management segment consists of two businesses, such as the Private Client Group and Stifel Bank. The Private Client Group includes branch offices and independent contractor offices of its broker-dealer subsidiaries located throughout the United States. These branches provide securities brokerage services, including the sale of equities, mutual funds, fixed income products and insurance, as well as offers banking products to its private clients through Stifel Bank, which provides residential, consumer and commercial lending, as well as the Federal Deposit Insurance Corporation (FDIC)-insured deposit accounts to clients of its broker-dealer subsidiaries and to the general public. The Institutional Group segment includes research, equity and fixed income institutional sales and trading, investment banking, public finance, and syndicate. The Other segment includes interest income from stock borrow activities and interest income, among others.
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By Richard Conner