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

Curi RMB Capital LLC increased its holdings in Stifel Financial Corp. (NYSE:SF) by 15.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 69,301 shares of the financial services provider’s stock after acquiring an additional 9,396 shares during the period. Curi RMB Capital LLC owned about 0.07% of Stifel Financial worth $6,507,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of SF. BNP Paribas Financial Markets boosted its holdings in shares of Stifel Financial by 16.9% during the first quarter. BNP Paribas Financial Markets now owns 8,223 shares of the financial services provider’s stock worth $643,000 after purchasing an additional 1,187 shares during the period. US Bancorp DE grew its holdings in shares of Stifel Financial by 8.2% during the 1st quarter. US Bancorp DE now owns 52,677 shares of the financial services provider’s stock valued at $4,118,000 after acquiring an additional 4,006 shares in the last quarter. State Board of Administration of Florida Retirement System increased its stake in shares of Stifel Financial by 5.2% in the first quarter. State Board of Administration of Florida Retirement System now owns 134,977 shares of the financial services provider’s stock worth $10,551,000 after acquiring an additional 6,702 shares during the last quarter. Orion Portfolio Solutions LLC lifted its holdings in shares of Stifel Financial by 10.4% during the 1st quarter. Orion Portfolio Solutions LLC now owns 51,831 shares of the financial services provider’s stock valued at $4,052,000 after buying an additional 4,879 shares during the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp bought a new stake in Stifel Financial in the first quarter worth approximately $33,000. 82.01% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

SF has been the subject of a number of analyst reports. TD Cowen boosted their price target on Stifel Financial from $100.00 to $105.00 and gave the stock a “hold” rating in a research report on Thursday, October 24th. Wells Fargo & Company boosted their target price on Stifel Financial from $113.00 to $130.00 and gave the stock an “overweight” rating in a report on Wednesday. Wolfe Research lowered shares of Stifel Financial from an “outperform” rating to a “peer perform” rating in a research report on Monday, July 22nd. StockNews.com cut shares of Stifel Financial from a “buy” rating to a “hold” rating in a research note on Thursday, October 3rd. Finally, The Goldman Sachs Group raised their target price on shares of Stifel Financial from $85.00 to $94.00 and gave the company a “neutral” rating in a research note on Thursday, September 26th. Six research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, Stifel Financial has a consensus rating of “Hold” and a consensus target price of $103.17.

Stifel Financial Price Performance

Shares of Stifel Financial stock opened at $115.57 on Friday. Stifel Financial Corp. has a fifty-two week low of $60.17 and a fifty-two week high of $118.12. The company has a market cap of $11.83 billion, a PE ratio of 20.90 and a beta of 1.08. The firm has a fifty day moving average price of $98.52 and a two-hundred day moving average price of $88.18. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.82 and a quick ratio of 0.78.

Stifel Financial (NYSE:SF) last posted its quarterly earnings results on Wednesday, October 23rd. The financial services provider reported $1.50 earnings per share for the quarter, missing analysts’ consensus estimates of $1.60 by ($0.10). The business had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.20 billion. Stifel Financial had a return on equity of 14.92% and a net margin of 12.98%. The firm’s quarterly revenue was up 17.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.60 EPS. Analysts expect that Stifel Financial Corp. will post 6.44 EPS for the current year.

Stifel Financial Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 2nd will be paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date of this dividend is Monday, December 2nd. Stifel Financial’s dividend payout ratio is 30.38%.

Insider Buying and Selling at Stifel Financial

In other Stifel Financial news, COO David D. Sliney sold 25,000 shares of the company’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $116.18, for a total transaction of $2,904,500.00. Following the sale, the chief operating officer now directly owns 159,619 shares of the company’s stock, valued at approximately $18,544,535.42. This represents a 13.54 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 4.57% of the company’s stock.

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.