TheStreet Upgrades Leucadia National Corporation (LUK) to B-
Other equities analysts also recently issued reports about the company. BidaskClub downgraded Leucadia National Corporation from a sell rating to a strong sell rating in a report on Friday, August 11th. Zacks Investment Research upgraded Leucadia National Corporation from a hold rating to a buy rating and set a $28.00 price target for the company in a report on Tuesday, October 10th.
Shares of Leucadia National Corporation (NYSE:LUK) traded up $0.23 during trading on Friday, reaching $25.98. The company’s stock had a trading volume of 1,279,633 shares, compared to its average volume of 1,280,000. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.67 and a quick ratio of 0.67. The stock has a market capitalization of $9,260.00, a price-to-earnings ratio of 16.61, a P/E/G ratio of 1.03 and a beta of 1.28. Leucadia National Corporation has a fifty-two week low of $18.27 and a fifty-two week high of $27.33.
Leucadia National Corporation (NYSE:LUK) last announced its quarterly earnings data on Thursday, October 26th. The conglomerate reported $0.27 EPS for the quarter, beating the consensus estimate of $0.17 by $0.10. The business had revenue of $2.90 billion during the quarter, compared to analyst estimates of $2.66 billion. Leucadia National Corporation had a return on equity of 5.83% and a net margin of 5.48%. The business’s quarterly revenue was up 8.2% compared to the same quarter last year. equities analysts expect that Leucadia National Corporation will post 1.39 EPS for the current year.
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The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 27th. Stockholders of record on Wednesday, December 13th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, December 12th. This represents a $0.40 annualized dividend and a dividend yield of 1.54%. Leucadia National Corporation’s payout ratio is presently 25.81%.
Several large investors have recently modified their holdings of the company. Savant Capital LLC bought a new stake in Leucadia National Corporation in the 2nd quarter worth about $202,000. Eagle Global Advisors LLC purchased a new position in shares of Leucadia National Corporation during the 2nd quarter valued at about $219,000. Profund Advisors LLC purchased a new position in Leucadia National Corporation in the 2nd quarter worth approximately $239,000. Synovus Financial Corp lifted its holdings in Leucadia National Corporation by 19.5% in the 2nd quarter. Synovus Financial Corp now owns 9,840 shares of the conglomerate’s stock worth $258,000 after purchasing an additional 1,609 shares in the last quarter. Finally, Saratoga Research & Investment Management purchased a new position in Leucadia National Corporation in the 3rd quarter worth approximately $249,000. Hedge funds and other institutional investors own 75.25% of the company’s stock.
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.
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