Curi RMB Capital LLC Has $7.71 Million Holdings in Stifel Financial Corp. (NYSE:SF)

Curi RMB Capital LLC increased its stake in shares of Stifel Financial Corp. (NYSE:SF) by 4.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 72,704 shares of the financial services provider’s stock after acquiring an additional 3,403 shares during the period. Curi RMB Capital LLC’s holdings in Stifel Financial were worth $7,712,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SF. Barclays PLC lifted its position in shares of Stifel Financial by 62.2% in the third quarter. Barclays PLC now owns 107,397 shares of the financial services provider’s stock worth $10,086,000 after purchasing an additional 41,171 shares in the last quarter. TT International Asset Management LTD acquired a new position in shares of Stifel Financial during the 4th quarter worth about $2,759,000. V Square Quantitative Management LLC bought a new position in shares of Stifel Financial in the 4th quarter valued at about $26,000. Park Avenue Securities LLC raised its holdings in Stifel Financial by 31.1% during the fourth quarter. Park Avenue Securities LLC now owns 18,584 shares of the financial services provider’s stock worth $1,971,000 after acquiring an additional 4,413 shares in the last quarter. Finally, Janney Montgomery Scott LLC acquired a new position in Stifel Financial during the fourth quarter valued at approximately $849,000. 82.01% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on SF shares. StockNews.com upgraded Stifel Financial from a “hold” rating to a “buy” rating in a research note on Thursday, March 6th. The Goldman Sachs Group cut their price target on shares of Stifel Financial from $121.00 to $105.00 and set a “neutral” rating for the company in a research note on Thursday, April 3rd. Wells Fargo & Company dropped their target price on shares of Stifel Financial from $135.00 to $106.00 and set an “overweight” rating on the stock in a report on Tuesday, April 8th. Citigroup reduced their price target on Stifel Financial from $125.00 to $105.00 and set a “neutral” rating for the company in a report on Wednesday, April 2nd. Finally, TD Cowen dropped their price objective on Stifel Financial from $124.00 to $84.00 and set a “hold” rating on the stock in a research note on Wednesday, April 9th. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $105.71.

Stifel Financial Trading Up 1.8 %

Shares of SF stock opened at $85.13 on Friday. Stifel Financial Corp. has a 12-month low of $73.27 and a 12-month high of $120.64. The company has a market capitalization of $8.83 billion, a PE ratio of 13.64 and a beta of 1.00. The firm has a 50 day moving average price of $95.71 and a two-hundred day moving average price of $104.30. The company has a quick ratio of 0.78, a current ratio of 0.82 and a debt-to-equity ratio of 0.27.

Stifel Financial (NYSE:SF) last released its quarterly earnings results on Wednesday, January 29th. The financial services provider reported $2.23 earnings per share for the quarter, topping the consensus estimate of $1.96 by $0.27. Stifel Financial had a return on equity of 16.59% and a net margin of 14.00%. As a group, analysts predict that Stifel Financial Corp. will post 8.26 earnings per share for the current year.

Stifel Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were paid a $0.46 dividend. This is a boost from Stifel Financial’s previous quarterly dividend of $0.42. The ex-dividend date was Monday, March 3rd. This represents a $1.84 annualized dividend and a yield of 2.16%. Stifel Financial’s payout ratio is 29.49%.

About Stifel Financial

Stifel Financial Corp., a financial services and bank holding company, provides retail and institutional wealth management, and investment banking services to individual investors, corporations, municipalities, and institutions in the United States and internationally. It operates in three segments: Global Wealth Management, Institutional Group, and Other.