Stifel Financial Corp (SF) Insider James M. Zemlyak Acquires 3,565 Shares

Stifel Financial Corp (NYSE:SF) insider James M. Zemlyak bought 3,565 shares of the stock in a transaction on Thursday, November 1st. The stock was purchased at an average price of $46.99 per share, with a total value of $167,519.35. Following the completion of the acquisition, the insider now directly owns 835,485 shares in the company, valued at approximately $39,259,440.15. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of NYSE SF opened at $47.73 on Friday. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.70 and a quick ratio of 0.62. The firm has a market cap of $3.40 billion, a P/E ratio of 9.20, a P/E/G ratio of 0.76 and a beta of 1.87. Stifel Financial Corp has a 1-year low of $42.51 and a 1-year high of $68.76.

Stifel Financial (NYSE:SF) last issued its quarterly earnings data on Tuesday, October 30th. The financial services provider reported $1.35 earnings per share for the quarter, topping analysts’ consensus estimates of $1.34 by $0.01. The firm had revenue of $738.34 million during the quarter, compared to analysts’ expectations of $764.90 million. Stifel Financial had a return on equity of 15.33% and a net margin of 9.16%. The firm’s quarterly revenue was up 2.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.89 EPS. As a group, equities analysts forecast that Stifel Financial Corp will post 5.2 EPS for the current fiscal year.

Several equities research analysts have weighed in on the company. ValuEngine cut Stifel Financial from a “sell” rating to a “strong sell” rating in a report on Tuesday, October 23rd. Wolfe Research upgraded Stifel Financial from a “market perform” rating to an “outperform” rating in a report on Friday. Zacks Investment Research upgraded Stifel Financial from a “sell” rating to a “buy” rating and set a $62.00 target price for the company in a report on Friday, August 3rd. Stifel Nicolaus upgraded Stifel Financial to an “outperform” rating in a research note on Wednesday, October 3rd. Finally, JMP Securities upgraded Stifel Financial from a “market perform” rating to an “outperform” rating in a research note on Wednesday, October 3rd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the stock. Stifel Financial has a consensus rating of “Buy” and a consensus price target of $66.20.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. NJ State Employees Deferred Compensation Plan lifted its stake in shares of Stifel Financial by 6.7% during the 2nd quarter. NJ State Employees Deferred Compensation Plan now owns 16,000 shares of the financial services provider’s stock worth $836,000 after purchasing an additional 1,000 shares during the last quarter. Arizona State Retirement System lifted its stake in shares of Stifel Financial by 2.3% during the 2nd quarter. Arizona State Retirement System now owns 49,681 shares of the financial services provider’s stock worth $2,596,000 after purchasing an additional 1,100 shares during the last quarter. Metropolitan Life Insurance Co. NY lifted its stake in shares of Stifel Financial by 3.6% during the 2nd quarter. Metropolitan Life Insurance Co. NY now owns 41,082 shares of the financial services provider’s stock worth $2,147,000 after purchasing an additional 1,445 shares during the last quarter. Mutual of America Capital Management LLC lifted its stake in shares of Stifel Financial by 2.9% during the 2nd quarter. Mutual of America Capital Management LLC now owns 62,681 shares of the financial services provider’s stock worth $3,275,000 after purchasing an additional 1,756 shares during the last quarter. Finally, Rothschild Asset Management Inc. lifted its stake in shares of Stifel Financial by 1.1% during the 2nd quarter. Rothschild Asset Management Inc. now owns 190,678 shares of the financial services provider’s stock worth $9,963,000 after purchasing an additional 1,985 shares during the last quarter. Hedge funds and other institutional investors own 86.12% of the company’s stock.

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, the United Kingdom, and rest of Europe. The company operates through three segments: Global Wealth Management, Institutional Group, and Other.

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Insider Buying and Selling by Quarter for Stifel Financial (NYSE:SF)

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