Stifel Financial Corp. (NYSE:SF) Stock Position Lifted by Curi RMB Capital LLC

Curi RMB Capital LLC raised its stake in Stifel Financial Corp. (NYSE:SF - Free Report) by 4.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 72,704 shares of the financial services provider's stock after acquiring an additional 3,403 shares during the quarter. Curi RMB Capital LLC owned approximately 0.07% of Stifel Financial worth $7,712,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in SF. V Square Quantitative Management LLC purchased a new stake in shares of Stifel Financial in the fourth quarter valued at $26,000. Bessemer Group Inc. grew its holdings in Stifel Financial by 52.1% in the 4th quarter. Bessemer Group Inc. now owns 321 shares of the financial services provider's stock valued at $34,000 after buying an additional 110 shares during the period. Versant Capital Management Inc increased its stake in shares of Stifel Financial by 46.5% during the 4th quarter. Versant Capital Management Inc now owns 457 shares of the financial services provider's stock valued at $48,000 after acquiring an additional 145 shares during the last quarter. Smartleaf Asset Management LLC lifted its holdings in shares of Stifel Financial by 26.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 528 shares of the financial services provider's stock worth $56,000 after acquiring an additional 111 shares during the period. Finally, Brown Brothers Harriman & Co. boosted its position in shares of Stifel Financial by 84.3% in the fourth quarter. Brown Brothers Harriman & Co. now owns 553 shares of the financial services provider's stock worth $59,000 after acquiring an additional 253 shares during the last quarter. 82.01% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. JMP Securities lowered their price objective on shares of Stifel Financial from $135.00 to $120.00 and set a "market outperform" rating for the company in a research note on Tuesday, April 8th. UBS Group boosted their price target on Stifel Financial from $116.00 to $120.00 and gave the company a "neutral" rating in a research report on Monday, February 3rd. Citigroup cut their price objective on Stifel Financial from $125.00 to $105.00 and set a "neutral" rating on the stock in a report on Wednesday, April 2nd. JPMorgan Chase & Co. decreased their target price on Stifel Financial from $123.00 to $100.00 and set a "neutral" rating for the company in a report on Friday, April 11th. Finally, The Goldman Sachs Group cut their price target on shares of Stifel Financial from $121.00 to $105.00 and set a "neutral" rating on the stock in a report on Thursday, April 3rd. Six analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $105.71.

Stifel Financial Stock Up 3.3 %

SF traded up $2.76 during trading hours on Tuesday, reaching $85.82. 1,325,575 shares of the stock traded hands, compared to its average volume of 672,602. 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 debt-to-equity ratio of 0.27, a current ratio of 0.82 and a quick ratio of 0.78. The company has a market cap of $8.90 billion, a price-to-earnings ratio of 13.75 and a beta of 1.00. The firm's fifty day simple moving average is $94.76 and its two-hundred day simple moving average is $104.15.

Stifel Financial (NYSE:SF - Get Free Report) last announced its earnings results on Wednesday, January 29th. The financial services provider reported $2.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 forecast that Stifel Financial Corp. will post 8.26 earnings per share for the current fiscal year.

Stifel Financial Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders 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. This represents a $1.84 annualized dividend and a dividend yield of 2.14%. The ex-dividend date was Monday, March 3rd. Stifel Financial's dividend payout ratio is 29.49%.

Stifel Financial Company Profile

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.