Stifel Financial Corp (SF) : Integrated Investment Consultants reduced its stake in Stifel Financial Corp by 4.35% during the most recent quarter end. The investment management company now holds a total of 2,748 shares of Stifel Financial Corp which is valued at $106,073 after selling 125 shares in Stifel Financial Corp , the firm said in a disclosure report filed with the SEC on Oct 14, 2016.Stifel Financial Corp makes up approximately 0.05% of Integrated Investment Consultants’s portfolio.
Other Hedge Funds, Including , Msi Financial Services Inc added SF to its portfolio by purchasing 45 company shares during the most recent quarter which is valued at $1,727.Weaver C. Barksdale Associates reduced its stake in SF by selling 6 shares or 1.93% in the most recent quarter. The Hedge Fund company now holds 305 shares of SF which is valued at $12,002. Stifel Financial Corp makes up approx 0.02% of Weaver C. Barksdale Associates’s portfolio.Eagle Asset Management Inc boosted its stake in SF in the latest quarter, The investment management firm added 110,406 additional shares and now holds a total of 2,108,485 shares of Stifel Financial Corp which is valued at $82,968,885. Stifel Financial Corp makes up approx 0.57% of Eagle Asset Management Inc’s portfolio.Legal General Group Plc boosted its stake in SF in the latest quarter, The investment management firm added 8,941 additional shares and now holds a total of 51,461 shares of Stifel Financial Corp which is valued at $2,024,990.Fisher Asset Management boosted its stake in SF in the latest quarter, The investment management firm added 66,960 additional shares and now holds a total of 2,223,992 shares of Stifel Financial Corp which is valued at $88,937,440. Stifel Financial Corp makes up approx 0.16% of Fisher Asset Management’s portfolio.
Stifel Financial Corp opened for trading at $39.13 and hit $39.44 on the upside on Friday, eventually ending the session at $38.6, with a gain of 0.60% or 0.23 points. The heightened volatility saw the trading volume jump to 3,06,356 shares. Company has a market cap of $2,556 M.
On the company’s financial health, Stifel Financial Corp reported $0.69 EPS for the quarter, beating the analyst consensus estimate by $ 0.11 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $0.58. The company had revenue of $652.10 million for the quarter, compared to analysts expectations of $615.82 million. The company’s revenue was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.71 EPS.
Stifel Financial Corp. is a financial holding company. The Company operates in three segments: Global Wealth Management Institutional Group and Other. Global Wealth Management segment is engaged in the provision of Customer Financing and Asset Management and operates Consolidated Stifel Branch System and Stifel Bank. Institutional Group segment includes research equity and fixed income institutional sales and trading investment banking public finance and syndicate. Other segment includes interest income from stock borrow activities unallocated interest expense interest income and gains and losses from investments held. The Company through its subsidiary Stifel Nicolaus & Company Incorporated (Stifel) offers retail and institutional brokerage and investment banking firm. The Company through other subsidiaries is engaged in independent contractor broker-dealing; broker-dealing; retail and commercial banking; trust business and asset management.