US Bancorp DE Has $944,000 Stock Holdings in Stifel Financial Corp (NYSE:SF)

US Bancorp DE boosted its holdings in shares of Stifel Financial Corp (NYSE:SF) by 2.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,885 shares of the financial services provider’s stock after buying an additional 491 shares during the quarter. US Bancorp DE’s holdings in Stifel Financial were worth $944,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Oregon Public Employees Retirement Fund lifted its stake in shares of Stifel Financial by 4,042.0% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 1,179,559 shares of the financial services provider’s stock valued at $28,000 after buying an additional 1,151,081 shares during the period. Larson Financial Group LLC bought a new stake in shares of Stifel Financial in the fourth quarter valued at about $28,000. Shine Investment Advisory Services Inc. lifted its stake in shares of Stifel Financial by 50.6% in the first quarter. Shine Investment Advisory Services Inc. now owns 661 shares of the financial services provider’s stock valued at $35,000 after buying an additional 222 shares during the period. Investors Research Corp bought a new stake in shares of Stifel Financial in the first quarter valued at about $80,000. Finally, Private Capital Group LLC lifted its stake in shares of Stifel Financial by 25.0% in the first quarter. Private Capital Group LLC now owns 3,482 shares of the financial services provider’s stock valued at $184,000 after buying an additional 697 shares during the period. 86.26% of the stock is currently owned by institutional investors.

In other Stifel Financial news, Director John P. Dubinsky sold 2,000 shares of Stifel Financial stock in a transaction on Wednesday, June 19th. The shares were sold at an average price of $57.25, for a total transaction of $114,500.00. Following the completion of the sale, the director now owns 28,956 shares of the company’s stock, valued at approximately $1,657,731. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director James M. Oates sold 20,000 shares of Stifel Financial stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $58.61, for a total transaction of $1,172,200.00. Following the sale, the director now directly owns 17,397 shares of the company’s stock, valued at approximately $1,019,638.17. The disclosure for this sale can be found here. Insiders have sold a total of 23,250 shares of company stock valued at $1,356,750 in the last ninety days. Company insiders own 3.77% of the company’s stock.

Several equities research analysts recently weighed in on SF shares. Wells Fargo & Co increased their target price on shares of Stifel Financial from $54.00 to $56.00 and gave the company a “market perform” rating in a research note on Friday, April 5th. Compass Point began coverage on shares of Stifel Financial in a research note on Thursday, May 30th. They set a “buy” rating and a $65.00 price target for the company. Zacks Investment Research cut shares of Stifel Financial from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 4th. JMP Securities lifted their target price on shares of Stifel Financial from $61.00 to $65.00 and gave the company a “market outperform” rating in a research note on Monday, April 8th. Finally, Goldman Sachs Group upgraded shares of Stifel Financial from a “neutral” rating to a “buy” rating and lifted their target price for the company from $55.00 to $70.00 in a research note on Thursday, May 9th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $62.67.

Shares of Stifel Financial stock traded up $0.32 during midday trading on Monday, reaching $59.38. The company had a trading volume of 493,000 shares, compared to its average volume of 464,362. 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 cap of $4.22 billion, a P/E ratio of 11.25, a price-to-earnings-growth ratio of 1.73 and a beta of 1.85. The company’s fifty day moving average is $56.65. Stifel Financial Corp has a 1-year low of $38.39 and a 1-year high of $60.05.

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

The firm also recently announced a quarterly dividend, which was paid on Monday, June 17th. Shareholders of record on Monday, June 3rd were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date of this dividend was Friday, May 31st. Stifel Financial’s dividend payout ratio is presently 11.36%.

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.

Further Reading: Short Selling Stocks, A Beginner’s Guide

Institutional Ownership 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.