10,558 Shares in Stifel Financial Corporation $SF Acquired by Impact Partnership Wealth LLC

Impact Partnership Wealth LLC acquired a new position in shares of Stifel Financial Corporation (NYSE:SF) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 10,558 shares of the financial services provider’s stock, valued at approximately $780,000.

A number of other institutional investors and hedge funds have also bought and sold shares of SF. MQS Management LLC purchased a new position in shares of Stifel Financial during the first quarter valued at $277,000. SJS Investment Consulting Inc. raised its holdings in shares of Stifel Financial by 143.5% in the first quarter. SJS Investment Consulting Inc. now owns 1,276 shares of the financial services provider’s stock valued at $94,000 after acquiring an additional 752 shares in the last quarter. waypoint wealth counsel lifted its stake in Stifel Financial by 46.2% in the first quarter. waypoint wealth counsel now owns 3,039 shares of the financial services provider’s stock worth $225,000 after acquiring an additional 960 shares during the period. Detalus Advisors LLC lifted its stake in Stifel Financial by 50.0% in the first quarter. Detalus Advisors LLC now owns 6,300 shares of the financial services provider’s stock worth $466,000 after acquiring an additional 2,100 shares during the period. Finally, 1492 Capital Management LLC grew its holdings in Stifel Financial by 50.9% during the 1st quarter. 1492 Capital Management LLC now owns 80,919 shares of the financial services provider’s stock worth $5,982,000 after acquiring an additional 27,286 shares in the last quarter. 82.01% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have commented on SF. TD Cowen cut their target price on shares of Stifel Financial from $136.00 to $92.00 and set a “hold” rating on the stock in a research report on Monday, March 23rd. UBS Group lowered their price target on shares of Stifel Financial from $100.00 to $89.00 and set a “buy” rating for the company in a research report on Wednesday, April 8th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Stifel Financial in a research note on Friday, May 29th. Finally, Zacks Research raised shares of Stifel Financial from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 20th. Six investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $91.15.

Stifel Financial Stock Performance

SF stock opened at $72.01 on Thursday. Stifel Financial Corporation has a one year low of $67.81 and a one year high of $89.83. The firm has a market cap of $11.05 billion, a price-to-earnings ratio of 14.01 and a beta of 1.01. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.80 and a current ratio of 0.85. The firm has a 50-day simple moving average of $73.50 and a two-hundred day simple moving average of $77.78.

Stifel Financial (NYSE:SF) last issued its quarterly earnings data on Wednesday, April 22nd. The financial services provider reported $1.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.39 by $0.06. The firm had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.51 billion. Stifel Financial had a net margin of 15.34% and a return on equity of 18.76%. The company’s quarterly revenue was up 17.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.49 EPS. On average, equities analysts forecast that Stifel Financial Corporation will post 6.25 EPS for the current fiscal year.

Stifel Financial Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were paid a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 1.9%. The ex-dividend date was Monday, June 1st. Stifel Financial’s dividend payout ratio (DPR) is 26.46%.

Stifel Financial Company Profile

Stifel Financial Corp. is a diversified financial services holding company headquartered in St. Louis, Missouri. Founded in 1890, the firm has grown into a full‐service brokerage and investment banking organization serving individual investors, corporations and institutions. Through its principal subsidiary, Stifel, Nicolaus & Company, Incorporated, the company delivers a broad array of financial products and services backed by research‐driven insights.

The firm’s main business activities are organized into two core segments: Private Client Group and Institutional Group.