Investment Activity at Stifel Financial Corp. – HighPoint Advisor Group LLC Acquires Stake
Are you interested in the world of finance and investing? If so, you’ll want to keep an eye on Stifel Financial Corp. (NYSE:SF). This financial services provider has been making waves in the market, with recent insider transactions and analyst upgrades and downgrades.
In the fourth quarter, HighPoint Advisor Group LLC bought a new stake in Stifel Financial, adding to the list of institutional investors who have shown interest in the company. Other large investors, such as Montag A & Associates Inc. and Signaturefd LLC, have also increased their stakes in the company.
On the insider front, Director David A. Peacock recently sold 13,000 shares of Stifel Financial stock, adding to the 4.57% of the stock currently owned by company insiders.
Analysts have been weighing in on Stifel Financial as well, with Citigroup, StockNews.com, TD Cowen, and JMP Securities all providing their insights. The stock currently has an average rating of “Moderate Buy” and an average price target of $84.50.
Despite all this activity, Stifel Financial stock recently saw a 1.4% decrease. However, with a market cap of $8.22 billion and a dividend payout ratio of 38.18%, the company remains a strong player in the financial services industry.
If you’re interested in learning more about Stifel Financial, be sure to check out the company’s latest stock analysis. With a focus on retail and institutional wealth management, as well as investment banking services, Stifel Financial is a key player in the financial services sector.
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