Crestwood Advisors Group LLC Purchases 155 Shares of Stifel Financial Corp. (NYSE:SF)

Crestwood Advisors Group LLC grew its position in Stifel Financial Corp. (NYSE:SF) by 0.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 129,099 shares of the financial services provider’s stock after purchasing an additional 155 shares during the period. Crestwood Advisors Group LLC owned approximately 0.13% of Stifel Financial worth $13,695,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of SF. Mather Group LLC. lifted its stake in Stifel Financial by 14.6% in the 4th 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 in the last quarter. CIBC Asset Management Inc lifted its position in shares of Stifel Financial by 3.5% in the third quarter. CIBC Asset Management Inc now owns 3,019 shares of the financial services provider’s stock worth $283,000 after purchasing an additional 102 shares in the last quarter. Tributary Capital Management LLC boosted its holdings in Stifel Financial by 1.0% during the third quarter. Tributary Capital Management LLC now owns 12,603 shares of the financial services provider’s stock worth $1,183,000 after purchasing an additional 126 shares during the last quarter. Versant Capital Management Inc boosted its holdings in Stifel Financial by 46.5% during the fourth quarter. Versant Capital Management Inc now owns 457 shares of the financial services provider’s stock worth $48,000 after purchasing an additional 145 shares during the last quarter. Finally, Principal Securities Inc. grew its position in Stifel Financial by 10.1% in the fourth quarter. Principal Securities Inc. now owns 1,642 shares of the financial services provider’s stock valued at $174,000 after purchasing an additional 150 shares in the last quarter. 82.01% of the stock is owned by institutional investors and hedge funds.

Stifel Financial Stock Performance

Shares of NYSE SF opened at $103.93 on Monday. Stifel Financial Corp. has a 12 month low of $72.78 and a 12 month high of $120.64. The stock has a 50 day moving average of $109.76 and a 200-day moving average of $102.79. The company has a current ratio of 0.82, a quick ratio of 0.78 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $10.64 billion, a P/E ratio of 16.65 and a beta of 1.11.

Stifel Financial (NYSE:SF) last released 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%. As a group, equities research analysts predict that Stifel Financial Corp. will post 8.26 EPS for the current year.

Stifel Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be given a dividend of $0.46 per share. 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 annualized dividend and a yield of 1.77%. Stifel Financial’s dividend payout ratio (DPR) is 29.49%.

Analysts Set New Price Targets

SF has been the subject of a number of recent research reports. UBS Group increased their price objective 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. Citigroup increased their price target on Stifel Financial from $110.00 to $115.00 and gave the company a “neutral” rating in a research report on Friday, January 10th. Wells Fargo & Company boosted their price target on Stifel Financial from $128.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, January 30th. JPMorgan Chase & Co. started 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. Finally, JMP Securities raised their target price on shares of Stifel Financial from $125.00 to $135.00 and gave the company a “market outperform” rating in a research note on Thursday, January 30th. Seven analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $117.71.

About Stifel Financial

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.