As Diebold Nixdorf (DBD) Valuation Declined, United Services Automobile Association Boosted Its Position by $1.57 Million; Channing Capital Management Has Lifted Stifel Fin (SF) Stake by $4.89 Million

January 25, 2018 - By Darrin Black

Channing Capital Management Llc increased its stake in Stifel Fin Corp (SF) by 10.86% based on its latest 2017Q3 regulatory filing with the SEC. Channing Capital Management Llc bought 92,252 shares as the company’s stock declined 18.36% while stock markets rallied. The institutional investor held 941,500 shares of the investment bankers and brokers and service company at the end of 2017Q3, valued at $50.33 million, up from 849,248 at the end of the previous reported quarter. Channing Capital Management Llc who had been investing in Stifel Fin Corp for a number of months, seems to be bullish on the $4.54 billion market cap company. The stock increased 0.27% or $0.18 during the last trading session, reaching $66.25. About 286,901 shares traded. Stifel Financial Corp. (NYSE:SF) has risen 28.71% since January 25, 2017 and is uptrending. It has outperformed by 12.01% the S&P500.

United Services Automobile Association increased its stake in Diebold Nixdorf Inc (DBD) by 12.5% based on its latest 2017Q3 regulatory filing with the SEC. United Services Automobile Association bought 71,149 shares as the company’s stock declined 12.62% while stock markets rallied. The institutional investor held 640,129 shares of the miscellaneous company at the end of 2017Q3, valued at $14.63M, up from 568,980 at the end of the previous reported quarter. United Services Automobile Association who had been investing in Diebold Nixdorf Inc for a number of months, seems to be bullish on the $1.38 billion market cap company. The stock decreased 2.14% or $0.4 during the last trading session, reaching $18.25. About 1.57M shares traded or 14.07% up from the average. Diebold Nixdorf, Incorporated (NYSE:DBD) has risen 12.54% since January 25, 2017 and is uptrending. It has underperformed by 4.16% the S&P500.

Since August 1, 2017, it had 0 buys, and 3 selling transactions for $1.72 million activity. 25,000 shares were sold by Nesi Victor, worth $1.27M on Tuesday, August 1. 5,200 Stifel Financial Corp. (NYSE:SF) shares with value of $250,016 were sold by WESTBROOK KELVIN R.

Among 9 analysts covering Stifel Financial Corp. (NYSE:SF), 4 have Buy rating, 1 Sell and 4 Hold. Therefore 44% are positive. Stifel Financial Corp. had 21 analyst reports since August 12, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Monday, March 20 by Goldman Sachs. The stock of Stifel Financial Corp. (NYSE:SF) earned “Buy” rating by Instinet on Wednesday, January 3. The company was upgraded on Tuesday, January 12 by Goldman Sachs. The stock of Stifel Financial Corp. (NYSE:SF) has “Neutral” rating given on Monday, November 28 by Macquarie Research. The firm has “Buy” rating given on Monday, January 8 by Goldman Sachs. The rating was upgraded by Nomura on Monday, November 9 to “Buy”. Nomura maintained Stifel Financial Corp. (NYSE:SF) on Monday, July 11 with “Buy” rating. The rating was upgraded by Wells Fargo on Friday, December 1 to “Buy”. The firm has “Neutral” rating by Nomura given on Tuesday, October 31. The firm has “Neutral” rating by Instinet given on Tuesday, May 23.

Channing Capital Management Llc, which manages about $1.58B and $2.66 billion US Long portfolio, decreased its stake in Thermo Fisher Scientif (NYSE:TMO) by 7,550 shares to 26,040 shares, valued at $4.93M in 2017Q3, according to the filing. It also reduced its holding in First American Financial Corp (NYSE:FAF) by 794,744 shares in the quarter, leaving it with 229,034 shares, and cut its stake in Nextera Energy Inc (NYSE:NEE).

Investors sentiment decreased to 0.85 in 2017 Q3. Its down 0.22, from 1.07 in 2017Q2. It dropped, as 21 investors sold SF shares while 80 reduced holdings. 21 funds opened positions while 65 raised stakes. 59.72 million shares or 2.07% more from 58.51 million shares in 2017Q2 were reported. Regions Financial invested 0.01% of its portfolio in Stifel Financial Corp. (NYSE:SF). Oakbrook Invests Limited Liability Company invested in 4,500 shares or 0.02% of the stock. Greenwood Capital Associates Ltd Llc invested in 4,326 shares. Lpl Finance Limited Company holds 0% of its portfolio in Stifel Financial Corp. (NYSE:SF) for 7,922 shares. Northeast Inv Mgmt reported 0.04% stake. 18,158 are owned by Barclays Public Ltd Company. Commonwealth Of Pennsylvania Pub School Empls Retrmt Systems invested in 0.01% or 9,965 shares. Pub Employees Retirement Sys Of Ohio reported 2,352 shares. Hodges Capital Mgmt has 0.61% invested in Stifel Financial Corp. (NYSE:SF). Trillium Asset Mgmt Ltd Com invested 0.1% of its portfolio in Stifel Financial Corp. (NYSE:SF). 1,825 were reported by Citigroup. Comerica Bancshares reported 80,321 shares stake. Moneta Inv Ltd Liability has 12,500 shares for 0.1% of their portfolio. Deutsche Bank & Trust Ag holds 0% or 93,664 shares. Dubuque Savings Bank And Trust accumulated 6,045 shares or 0.05% of the stock.

United Services Automobile Association, which manages about $34.17B US Long portfolio, decreased its stake in Ppl Corp (NYSE:PPL) by 681,990 shares to 1.21 million shares, valued at $45.80 million in 2017Q3, according to the filing. It also reduced its holding in Packaging Corp Of America (NYSE:PKG) by 57,441 shares in the quarter, leaving it with 88,045 shares, and cut its stake in Axon Enterprise Inc.

Since December 15, 2017, it had 1 insider purchase, and 0 selling transactions for $66,978 activity.