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

Curi RMB Capital LLC grew its stake in shares of Stifel Financial Corp. (NYSE:SF - Free Report) by 4.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor 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 owned 0.07% of Stifel Financial worth $7,712,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Norges Bank bought a new stake in Stifel Financial in the fourth quarter worth approximately $137,448,000. FMR LLC lifted its stake in shares of Stifel Financial by 8.5% in the 4th quarter. FMR LLC now owns 8,628,832 shares of the financial services provider's stock valued at $915,346,000 after purchasing an additional 672,420 shares during the last quarter. Wellington Management Group LLP boosted its holdings in Stifel Financial by 32.2% in the fourth quarter. Wellington Management Group LLP now owns 2,588,964 shares of the financial services provider's stock worth $274,637,000 after purchasing an additional 630,255 shares in the last quarter. Walleye Capital LLC increased its position in Stifel Financial by 477.9% during the fourth quarter. Walleye Capital LLC now owns 238,945 shares of the financial services provider's stock worth $25,347,000 after buying an additional 197,598 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in Stifel Financial by 18.2% during the fourth quarter. Invesco Ltd. now owns 1,207,465 shares of the financial services provider's stock valued at $128,088,000 after buying an additional 186,352 shares in the last quarter. 82.01% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have recently commented on SF shares. Wolfe Research raised Stifel Financial from a "peer perform" rating to an "outperform" rating and set a $108.00 price objective on the stock in a report on Thursday. The Goldman Sachs Group dropped their price target on shares of Stifel Financial from $121.00 to $105.00 and set a "neutral" rating on the stock in a research report on Thursday, April 3rd. TD Cowen decreased their price objective on shares of Stifel Financial from $124.00 to $84.00 and set a "hold" rating for the company in a report on Wednesday, April 9th. Citigroup dropped their target price on shares of Stifel Financial from $125.00 to $105.00 and set a "neutral" rating on the stock in a report on Wednesday, April 2nd. Finally, JMP Securities decreased their price target on shares of Stifel Financial from $135.00 to $120.00 and set a "market outperform" rating for the company in a report on Tuesday, April 8th. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $105.50.

Stifel Financial Stock Performance

Stifel Financial stock traded up $0.11 during trading hours on Friday, hitting $85.85. The stock had a trading volume of 234,966 shares, compared to its average volume of 677,042. Stifel Financial Corp. has a fifty-two week low of $73.27 and a fifty-two week high of $120.64. The company has a market cap of $8.91 billion, a PE ratio of 13.73 and a beta of 1.00. The company has a 50-day moving average of $93.71 and a two-hundred day moving average of $103.93. 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 - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The financial services provider reported $0.49 EPS for the quarter, missing the consensus estimate of $1.61 by ($1.12). The firm had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.32 billion. Stifel Financial had a return on equity of 16.59% and a net margin of 14.00%. During the same period last year, the business earned $1.49 earnings per share. On average, equities research analysts anticipate that Stifel Financial Corp. will post 8.26 EPS for the current fiscal year.

Stifel Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.46 per share. 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 dividend on an annualized basis and a yield of 2.14%. Stifel Financial's dividend payout ratio (DPR) is currently 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.