Cookson Peirce & Co. Inc. Decreases Stock Holdings in Stifel Financial Corp. (NYSE:SF)

Cookson Peirce & Co. Inc. reduced its holdings in shares of Stifel Financial Corp. (NYSE:SF) by 0.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 111,726 shares of the financial services provider’s stock after selling 117 shares during the quarter. Cookson Peirce & Co. Inc. owned approximately 0.11% of Stifel Financial worth $11,852,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. V Square Quantitative Management LLC bought a new stake in shares of Stifel Financial during the 4th quarter worth $26,000. Versant Capital Management Inc raised its position in Stifel Financial by 46.5% in the fourth quarter. Versant Capital Management Inc now owns 457 shares of the financial services provider’s stock worth $48,000 after acquiring an additional 145 shares during the period. Smartleaf Asset Management LLC raised its position in Stifel Financial by 26.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 528 shares of the financial services provider’s stock worth $56,000 after acquiring an additional 111 shares during the period. Mather Group LLC. boosted its stake in Stifel Financial by 14.6% in the fourth 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 last quarter. Finally, GAMMA Investing LLC boosted its stake in Stifel Financial by 78.9% in the fourth quarter. GAMMA Investing LLC now owns 900 shares of the financial services provider’s stock valued at $95,000 after acquiring an additional 397 shares during the last quarter. Hedge funds and other institutional investors own 82.01% of the company’s stock.

Stifel Financial Stock Down 4.1 %

SF stock opened at $99.23 on Wednesday. The stock has a 50-day simple moving average of $109.68 and a two-hundred day simple moving average of $103.74. Stifel Financial Corp. has a twelve month low of $72.78 and a twelve month high of $120.64. The firm has a market capitalization of $10.16 billion, a PE ratio of 15.90 and a beta of 1.11. The company has a quick ratio of 0.78, a current ratio of 0.82 and a debt-to-equity ratio of 0.27.

Stifel Financial (NYSE:SF) last issued its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $2.23 EPS for the quarter, beating the consensus estimate of $1.96 by $0.27. Stifel Financial had a net margin of 14.00% and a return on equity of 16.59%. On average, equities analysts predict that Stifel Financial Corp. will post 8.26 EPS for the current fiscal year.

Stifel Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Monday, March 3rd will be given a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.85%. The ex-dividend date is Monday, March 3rd. This is an increase from Stifel Financial’s previous quarterly dividend of $0.42. Stifel Financial’s dividend payout ratio (DPR) is 29.49%.

Analyst Ratings Changes

SF has been the topic of several research analyst reports. Citigroup upped their price objective on Stifel Financial from $110.00 to $115.00 and gave the company a “neutral” rating in a research note on Friday, January 10th. Wells Fargo & Company upped their price target on Stifel Financial from $128.00 to $135.00 and gave the company an “overweight” rating in a research report on Thursday, January 30th. JPMorgan Chase & Co. initiated coverage on Stifel Financial in a report on Tuesday, December 10th. They issued a “neutral” rating and a $120.00 price objective for the company. JMP Securities upped their price objective on shares of Stifel Financial from $125.00 to $135.00 and gave the company a “market outperform” rating in a report on Thursday, January 30th. Finally, UBS Group lifted their target price on shares of Stifel Financial from $116.00 to $120.00 and gave the stock a “neutral” rating in a research note on Monday, February 3rd. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, Stifel Financial presently has an average rating of “Hold” and an average price target of $117.71.

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.