BNP Paribas Arbitrage SA lowered its stake in Leucadia National Corporation (NYSE:LUK) by 44.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 131,912 shares of the conglomerate’s stock after selling 105,311 shares during the period. BNP Paribas Arbitrage SA’s holdings in Leucadia National Corporation were worth $3,451,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. Creative Planning increased its stake in Leucadia National Corporation by 0.4% in the second quarter. Creative Planning now owns 12,316 shares of the conglomerate’s stock valued at $322,000 after buying an additional 55 shares during the last quarter. ING Groep NV increased its stake in Leucadia National Corporation by 0.4% in the second quarter. ING Groep NV now owns 16,589 shares of the conglomerate’s stock valued at $434,000 after buying an additional 59 shares during the last quarter. CIBC Asset Management Inc increased its stake in Leucadia National Corporation by 0.3% in the second quarter. CIBC Asset Management Inc now owns 32,772 shares of the conglomerate’s stock valued at $857,000 after buying an additional 90 shares during the last quarter. US Bancorp DE increased its stake in Leucadia National Corporation by 0.3% in the second quarter. US Bancorp DE now owns 30,860 shares of the conglomerate’s stock valued at $807,000 after buying an additional 97 shares during the last quarter. Finally, HighTower Advisors LLC increased its stake in Leucadia National Corporation by 0.4% in the first quarter. HighTower Advisors LLC now owns 36,125 shares of the conglomerate’s stock valued at $942,000 after buying an additional 138 shares during the last quarter. Institutional investors and hedge funds own 74.73% of the company’s stock.

Shares of Leucadia National Corporation (NYSE LUK) opened at 24.23 on Monday. The firm has a market capitalization of $8.69 billion, a P/E ratio of 14.36 and a beta of 1.25. The stock’s 50 day moving average is $25.74 and its 200 day moving average is $25.66. Leucadia National Corporation has a 1-year low of $17.87 and a 1-year high of $27.33.

Leucadia National Corporation (NYSE:LUK) last posted its quarterly earnings results on Thursday, July 27th. The conglomerate reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by $0.14. The company had revenue of $2.73 billion during the quarter, compared to analyst estimates of $2.65 billion. Leucadia National Corporation had a net margin of 5.94% and a return on equity of 6.27%. The company’s revenue was up 4.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.15 earnings per share. Equities analysts predict that Leucadia National Corporation will post $1.29 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Monday, September 18th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Friday, September 15th. This is a boost from Leucadia National Corporation’s previous quarterly dividend of $0.06. This represents a $0.40 annualized dividend and a yield of 1.65%. Leucadia National Corporation’s dividend payout ratio is currently 3.55%.

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Several equities research analysts have recently commented on the stock. BidaskClub downgraded shares of Leucadia National Corporation from a “sell” rating to a “strong sell” rating in a research note on Friday, August 11th. Zacks Investment Research downgraded shares of Leucadia National Corporation from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 11th. Finally, TheStreet upgraded shares of Leucadia National Corporation from a “c” rating to a “b” rating in a research note on Friday, May 5th.

Leucadia National Corporation Company Profile

Leucadia National Corporation (Leucadia) is a diversified holding company focused on return on investment and long-term value. The Company’s segments, based on requirements are Jefferies, National Beef, and Corporate and other. Jefferies is a global full-service, integrated securities and investment banking firm.

Institutional Ownership by Quarter for Leucadia National Corporation (NYSE:LUK)

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