9,334 Shares in Stifel Financial Corp. (NYSE:SF) Bought by Entropy Technologies LP

Entropy Technologies LP purchased a new stake in Stifel Financial Corp. (NYSE:SF) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 9,334 shares of the financial services provider’s stock, valued at approximately $990,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Waldron Private Wealth LLC bought a new stake in shares of Stifel Financial in the third quarter valued at about $34,000. GAMMA Investing LLC raised its holdings in Stifel Financial by 27.7% in the 3rd quarter. GAMMA Investing LLC now owns 503 shares of the financial services provider’s stock valued at $47,000 after acquiring an additional 109 shares in the last quarter. Versant Capital Management Inc lifted its position in shares of Stifel Financial by 46.5% in the 4th 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. Mather Group LLC. grew its holdings in shares of Stifel Financial by 14.6% during the 4th quarter. Mather Group LLC. now owns 707 shares of the financial services provider’s stock worth $75,000 after purchasing an additional 90 shares in the last quarter. Finally, UMB Bank n.a. increased its position in shares of Stifel Financial by 36.6% during the third quarter. UMB Bank n.a. now owns 870 shares of the financial services provider’s stock valued at $82,000 after purchasing an additional 233 shares during the period. 82.01% of the stock is currently owned by institutional investors and hedge funds.

Stifel Financial Stock Down 3.3 %

NYSE SF opened at $109.62 on Tuesday. The stock’s 50 day simple moving average is $110.40 and its 200 day simple moving average is $101.22. Stifel Financial Corp. has a one year low of $72.78 and a one year high of $120.64. The firm has a market cap of $11.22 billion, a PE ratio of 17.57 and a beta of 1.11. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.82 and a quick ratio of 0.78.

Stifel Financial (NYSE:SF) last announced its earnings results on Wednesday, January 29th. The financial services provider reported $2.23 EPS for the quarter, topping the consensus estimate of $1.96 by $0.27. Stifel Financial had a return on equity of 16.59% and a net margin of 14.00%. As a group, sell-side analysts forecast that Stifel Financial Corp. will post 8.26 earnings per share for the current fiscal year.

Stifel Financial Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be paid a $0.46 dividend. The ex-dividend date is Monday, March 3rd. This is an increase from Stifel Financial’s previous quarterly dividend of $0.42. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.68%. Stifel Financial’s payout ratio is currently 26.92%.

Wall Street Analyst Weigh In

Several brokerages recently commented on SF. Citigroup raised their target price on Stifel Financial from $110.00 to $115.00 and gave the stock a “neutral” rating in a research report on Friday, January 10th. TD Cowen lifted their target price on shares of Stifel Financial from $100.00 to $105.00 and gave the company a “hold” rating in a research report on Thursday, October 24th. JPMorgan Chase & Co. began coverage on shares of Stifel Financial in a research note on Tuesday, December 10th. They issued a “neutral” rating and a $120.00 target price on the stock. Wells Fargo & Company raised their price target on shares of Stifel Financial from $128.00 to $135.00 and gave the stock an “overweight” rating in a research note on Thursday, January 30th. Finally, UBS Group upped their price objective on Stifel Financial from $116.00 to $120.00 and gave the company a “neutral” rating in a research note on Monday, February 3rd. Seven analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, Stifel Financial currently has a consensus rating of “Hold” and a consensus target price of $117.71.

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 and internationally. It operates in three segments: Global Wealth Management, Institutional Group, and Other.