Victory Capital Management Inc. Has $62.09 Million Holdings in Stifel Financial Corporation (SF)

Victory Capital Management Inc. decreased its position in shares of Stifel Financial Corporation (NYSE:SF) by 2.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,161,380 shares of the financial services provider’s stock after selling 29,486 shares during the period. Victory Capital Management Inc. owned about 1.70% of Stifel Financial Corporation worth $62,087,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Janney Montgomery Scott LLC boosted its position in shares of Stifel Financial Corporation by 9.8% during the 2nd quarter. Janney Montgomery Scott LLC now owns 87,873 shares of the financial services provider’s stock worth $4,040,000 after acquiring an additional 7,817 shares in the last quarter. AXA boosted its position in shares of Stifel Financial Corporation by 216.1% during the 2nd quarter. AXA now owns 137,500 shares of the financial services provider’s stock worth $6,322,000 after acquiring an additional 94,000 shares in the last quarter. Arizona State Retirement System boosted its position in shares of Stifel Financial Corporation by 2.1% during the 2nd quarter. Arizona State Retirement System now owns 28,900 shares of the financial services provider’s stock worth $1,329,000 after acquiring an additional 600 shares in the last quarter. Peregrine Capital Management LLC boosted its position in shares of Stifel Financial Corporation by 0.3% during the 2nd quarter. Peregrine Capital Management LLC now owns 716,300 shares of the financial services provider’s stock worth $32,935,000 after acquiring an additional 1,887 shares in the last quarter. Finally, Russell Investments Group Ltd. boosted its position in Stifel Financial Corporation by 70.3% in the second quarter. Russell Investments Group Ltd. now owns 6,230 shares of the financial services provider’s stock valued at $286,000 after buying an additional 2,572 shares in the last quarter. Institutional investors and hedge funds own 86.93% of the company’s stock.

Stifel Financial Corporation (NYSE:SF) opened at $53.21 on Friday. The stock has a market cap of $3,634.77, a price-to-earnings ratio of 16.58, a PEG ratio of 1.29 and a beta of 1.70. Stifel Financial Corporation has a 52 week low of $36.71 and a 52 week high of $56.62. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.62 and a current ratio of 0.69.

Stifel Financial Corporation (NYSE:SF) last released its quarterly earnings results on Monday, October 30th. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.83 by $0.06. The firm had revenue of $721.20 million during the quarter, compared to the consensus estimate of $701.12 million. Stifel Financial Corporation had a net margin of 7.61% and a return on equity of 9.92%. The company’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.69 earnings per share. sell-side analysts forecast that Stifel Financial Corporation will post 3.44 EPS for the current fiscal year.

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A number of brokerages have weighed in on SF. Zacks Investment Research upgraded shares of Stifel Financial Corporation from a “sell” rating to a “buy” rating and set a $57.00 target price on the stock in a research report on Thursday, August 3rd. JMP Securities restated a “neutral” rating on shares of Stifel Financial Corporation in a research report on Friday, August 18th. BidaskClub upgraded shares of Stifel Financial Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, August 3rd. TheStreet upgraded shares of Stifel Financial Corporation from a “c+” rating to a “b” rating in a research report on Monday, July 31st. Finally, Nomura raised their target price on shares of Stifel Financial Corporation from $56.00 to $58.00 and gave the company a “neutral” rating in a research report on Tuesday, October 31st. Eight analysts have rated the stock with a hold rating and one has given a buy rating to the company. Stifel Financial Corporation presently has a consensus rating of “Hold” and an average price target of $56.33.

In other news, Director Kelvin R. Westbrook sold 5,200 shares of the firm’s stock in a transaction on Friday, August 18th. The shares were sold at an average price of $48.08, for a total transaction of $250,016.00. Following the completion of the transaction, the director now owns 6,684 shares of the company’s stock, valued at $321,366.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.60% of the stock is currently owned by company insiders.

About Stifel Financial Corporation

Stifel Financial Corp. is a financial holding company. Its principal subsidiary is Stifel, Nicolaus & Company, Incorporated, a retail and institutional wealth management and investment banking firm. It operates through three segments: Global Wealth Management, Institutional Group and Other. The Global Wealth Management segment consists of the Private Client Group and Stifel Bank businesses.

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Institutional Ownership by Quarter for Stifel Financial Corporation (NYSE:SF)

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