Stifel Financial Corp. (NYSE:SF) Shares Bought by AQR Capital Management LLC

AQR Capital Management LLC increased its holdings in Stifel Financial Corp. (NYSE:SF) by 1.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 334,171 shares of the financial services provider’s stock after purchasing an additional 4,724 shares during the quarter. AQR Capital Management LLC owned 0.33% of Stifel Financial worth $35,449,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. V Square Quantitative Management LLC bought a new position in shares of Stifel Financial in the fourth quarter valued at $26,000. Bessemer Group Inc. raised its position in shares of Stifel Financial by 52.1% during the fourth quarter. Bessemer Group Inc. now owns 321 shares of the financial services provider’s stock worth $34,000 after purchasing an additional 110 shares during the period. Versant Capital Management Inc lifted its holdings in shares of Stifel Financial by 46.5% during the fourth quarter. Versant Capital Management Inc now owns 457 shares of the financial services provider’s stock valued at $48,000 after purchasing an additional 145 shares during the last quarter. Quarry LP acquired a new position in shares of Stifel Financial in the 4th quarter valued at $49,000. Finally, Smartleaf Asset Management LLC increased its stake in Stifel Financial by 26.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 528 shares of the financial services provider’s stock worth $56,000 after purchasing an additional 111 shares in the last quarter. 82.01% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have commented on the stock. StockNews.com upgraded shares of Stifel Financial from a “hold” rating to a “buy” rating in a report on Thursday, March 6th. Citigroup lowered their price objective on shares of Stifel Financial from $125.00 to $105.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 2nd. TD Cowen reduced their target price on Stifel Financial from $124.00 to $84.00 and set a “hold” rating for the company in a report on Wednesday, April 9th. JMP Securities lowered their price target on Stifel Financial from $135.00 to $120.00 and set a “market outperform” rating on the stock in a report on Tuesday, April 8th. Finally, Wolfe Research raised Stifel Financial from a “peer perform” rating to an “outperform” rating and set a $108.00 price objective for the company in a research note on Thursday, April 24th. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, Stifel Financial currently has a consensus rating of “Hold” and an average price target of $105.50.

Stifel Financial Stock Performance

Shares of SF stock opened at $89.53 on Friday. The firm has a market cap of $9.22 billion, a P/E ratio of 14.35 and a beta of 1.00. 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 Corp. has a fifty-two week low of $73.27 and a fifty-two week high of $120.64. The stock’s 50-day moving average is $91.25 and its two-hundred day moving average is $103.50.

Stifel Financial (NYSE:SF) last issued its quarterly earnings data on Wednesday, April 23rd. The financial services provider reported $0.49 earnings per share for the quarter, missing the consensus estimate of $1.64 by ($1.15). The business had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.32 billion. Stifel Financial had a net margin of 14.00% and a return on equity of 16.59%. Stifel Financial’s revenue was up 7.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.49 EPS. Analysts predict that Stifel Financial Corp. will post 8.26 earnings per share for the current fiscal year.

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.