C M Bidwell & Associates Ltd. lifted its holdings in Leucadia National Corporation (NYSE:LUK) by 550.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 140,005 shares of the conglomerate’s stock after acquiring an additional 118,490 shares during the quarter. C M Bidwell & Associates Ltd.’s holdings in Leucadia National Corporation were worth $3,663,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Ameritas Investment Partners Inc. acquired a new stake in shares of Leucadia National Corporation in the first quarter worth $202,000. Savant Capital LLC acquired a new stake in shares of Leucadia National Corporation in the second quarter worth $202,000. Eagle Global Advisors LLC acquired a new stake in shares of Leucadia National Corporation in the second quarter worth $219,000. Two Sigma Securities LLC acquired a new stake in shares of Leucadia National Corporation in the first quarter worth $227,000. Finally, Profund Advisors LLC acquired a new stake in shares of Leucadia National Corporation in the second quarter worth $239,000. Hedge funds and other institutional investors own 74.66% of the company’s stock.

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LUK has been the topic of a number of research reports. BidaskClub lowered shares of Leucadia National Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. Zacks Investment Research upgraded shares of Leucadia National Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, August 22nd.

Leucadia National Corporation (LUK) traded down 0.63% during mid-day trading on Friday, hitting $25.26. 1,250,982 shares of the stock were exchanged. Leucadia National Corporation has a 52-week low of $17.87 and a 52-week high of $27.34. The company has a 50 day moving average price of $24.04 and a 200 day moving average price of $25.29. The firm has a market cap of $9.06 billion, a price-to-earnings ratio of 14.97 and a beta of 1.27.

Leucadia National Corporation (NYSE:LUK) last released its quarterly earnings results on Thursday, July 27th. The conglomerate reported $0.16 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.14). Leucadia National Corporation had a net margin of 5.94% and a return on equity of 6.27%. The business had revenue of $2.73 billion during the quarter, compared to analysts’ expectations of $2.65 billion. During the same quarter last year, the company earned $0.15 EPS. The firm’s revenue for the quarter was up 4.1% compared to the same quarter last year. On average, analysts anticipate that Leucadia National Corporation will post $1.27 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Monday, September 18th were given a dividend of $0.10 per share. The ex-dividend date was Friday, September 15th. This represents a $0.40 dividend on an annualized basis and a yield of 1.58%. This is an increase from Leucadia National Corporation’s previous quarterly dividend of $0.06. Leucadia National Corporation’s dividend payout ratio is presently 23.67%.

About Leucadia National Corporation

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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