Could Stifel Financial Corp Decline After Today’s Tip From Option Traders?

 Could Stifel Financial Corp Decline After Today's Tip From Option Traders?

In today’s session Stifel Financial Corp (SF) registered an unusually high (574) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the April, 2017 call, expecting serious SF increase. With 574 contracts traded and 914 open interest for the Apr, 17 contract, it seems this is a quite bullish bet. The option with symbol: SF170421C00045000 closed last at: $3.7 or 85% up. About 195,906 shares traded hands. Stifel Financial Corp (NYSE:SF) has risen 58.16% since April 12, 2016 and is uptrending. It has outperformed by 53.18% the S&P500.

Stifel Financial Corp (NYSE:SF) Ratings Coverage

Out of 5 analysts covering Stifel Financial Corp. (NYSE:SF), 2 rate it a “Buy”, 1 “Sell”, while 2 “Hold”. This means 40% are positive. $58 is the highest target while $27 is the lowest. The $41.75 average target is -12.07% below today’s ($47.48) stock price. Stifel Financial Corp. has been the topic of 11 analyst reports since August 12, 2015 according to StockzIntelligence Inc. Zacks upgraded the stock to “Hold” rating in Tuesday, September 22 report. On Monday, November 9 the stock rating was upgraded by Nomura to “Buy”. As per Monday, February 22, the company rating was downgraded by Credit Suisse. Zacks downgraded the stock to “Buy” rating in Tuesday, September 1 report. The stock of Stifel Financial Corp (NYSE:SF) has “Buy” rating given on Monday, April 4 by Nomura. Nomura maintained Stifel Financial Corp (NYSE:SF) on Monday, July 11 with “Buy” rating. The firm earned “Buy” rating on Tuesday, January 12 by Goldman Sachs.

According to Zacks Investment Research, “Stifel Financial Corp. is a holding company for Stifel Nicolaus & Company, Incorporated.”

Insitutional Activity: The institutional sentiment decreased to 1.04 in 2016 Q2. Its down 0.18, from 1.22 in 2016Q1. The ratio dived, as 22 funds sold all Stifel Financial Corp shares owned while 69 reduced positions. 32 funds bought stakes while 63 increased positions. They now own 56.23 million shares or 1.17% less from 56.90 million shares in 2016Q1.
Banc Funds Ltd holds 0.4% or 219,096 shares in its portfolio. Advsr Asset reported 1,800 shares or 0% of all its holdings. Joel Isaacson And Lc accumulated 0% or 63 shares. Thrivent Financial For Lutherans has invested 0.11% of its portfolio in Stifel Financial Corp (NYSE:SF). Archford Strategies Limited accumulated 130 shares or 0% of the stock. Raymond James And Associate has invested 0% of its portfolio in Stifel Financial Corp (NYSE:SF). Buckhead Mgmt Limited Liability Corp accumulated 0.59% or 103,870 shares. Earnest Partners Ltd Liability has 1.97 million shares for 0.67% of their US portfolio. Boothbay Fund Mngmt Ltd Limited Liability Company holds 6,567 shares or 0.1% of its portfolio. Texas Permanent School Fund holds 50,826 shares or 0.02% of its portfolio. Fifth Third Natl Bank last reported 25,482 shares in the company. Fairpointe Cap Ltd Liability holds 0.33% or 462,550 shares in its portfolio. Paradigm Asset Mgmt Company Ltd Limited Liability Company owns 3,900 shares or 0% of their US portfolio. Blackrock Gp Ltd has 49,831 shares for 0% of their US portfolio. Checchi Capital Advisers Ltd Com reported 76 shares or 0% of all its holdings.

Insider Transactions: Since May 24, 2016, the stock had 0 insider purchases, and 3 sales for $829,668 net activity. Another trade for 2,725 shares valued at $100,662 was made by Brautigam Allen on Tuesday, August 16. 4,500 shares with value of $168,750 were sold by WESTBROOK KELVIN R on Wednesday, June 8. Another trade for 15,270 shares valued at $560,256 was made by Plotkin Ben A on Tuesday, May 24.

Stifel Financial Corp. is a financial holding company. The company has a market cap of $3.26 billion. The Company’s principal subsidiary is Stifel, Nicolaus & Company, Incorporated, a retail and institutional wealth management and investment banking firm. It has a 56.58 P/E ratio. The Company’s principal activities are private client services, including securities transaction and financial planning services; institutional equity and fixed income sales, trading, research and municipal finance; investment banking services, including mergers and acquisitions, public offerings and private placements, and retail and commercial banking, including personal and commercial lending programs.

SF Company Profile

Stifel Financial Corp., incorporated on December 31, 1981, is a financial holding company. The Company’s principal subsidiary is Stifel, Nicolaus & Company, Incorporated (Stifel), a full-service retail and institutional wealth management and investment banking firm. The Company’s principal activities are private client services, including securities transaction and financial planning services; institutional equity and fixed income sales, trading, research and municipal finance; investment banking services, including mergers and acquisitions, public offerings and private placements, and retail and commercial banking, including personal and commercial lending programs. The Firm operates through three divisions: Global Wealth Management, Institutional Group and Other. The Global Wealth Management segment consists of two businesses, such as the Private Client Group and Stifel Bank. The Private Client Group includes branch offices and independent contractor offices of its broker-dealer subsidiaries located throughout the United States. These branches provide securities brokerage services, including the sale of equities, mutual funds, fixed income products and insurance, as well as offers banking products to its private clients through Stifel Bank, which provides residential, consumer and commercial lending, as well as the Federal Deposit Insurance Corporation (FDIC)-insured deposit accounts to clients of its broker-dealer subsidiaries and to the general public. The Institutional Group segment includes research, equity and fixed income institutional sales and trading, investment banking, public finance, and syndicate. The Other segment includes interest income from stock borrow activities and interest income, among others.

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