Zacks Investment Research lowered shares of Jefferies Financial Group (NYSE:JEF) from a buy rating to a hold rating in a research note issued to investors on Tuesday.

According to Zacks, “Jefferies Financial Group Inc. is a diversified financial services company. It engaged in investment banking and capital markets, merchant banking and an alternative asset management platform. The company’s financial service businesses are Berkadia which provide commercial mortgage banking, investment sales and servicing; Leucadia Asset Management provide asset management; HomeFed provide a publicly traded real estate company, FXCM provides online foreign exchange trading services and Foursight Capital provide vehicle finance. Jefferies Financial Group Inc. formerly known as Leucadia National Corporation is based in New York, United States. “

Jefferies Financial Group stock opened at $19.09 on Tuesday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.57 and a current ratio of 0.57. Jefferies Financial Group has a 12 month low of $16.20 and a 12 month high of $28.30. The company has a market capitalization of $5.98 billion, a price-to-earnings ratio of 11.57 and a beta of 1.21.

Jefferies Financial Group (NYSE:JEF) last released its quarterly earnings data on Thursday, October 25th. The financial services provider reported $0.55 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.58 by ($0.03). Jefferies Financial Group had a return on equity of 5.07% and a net margin of 10.07%. The company had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $869.80 million. Sell-side analysts expect that Jefferies Financial Group will post 1.27 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 28th. Shareholders of record on Friday, February 15th will be given a $0.125 dividend. The ex-dividend date is Thursday, February 14th. This represents a $0.50 annualized dividend and a yield of 2.62%. Jefferies Financial Group’s dividend payout ratio is presently 30.30%.

A number of institutional investors have recently added to or reduced their stakes in JEF. Envestnet Asset Management Inc. purchased a new stake in Jefferies Financial Group in the 2nd quarter worth approximately $106,000. Palo Capital Inc. purchased a new position in shares of Jefferies Financial Group during the 3rd quarter valued at approximately $108,000. Quantbot Technologies LP purchased a new position in shares of Jefferies Financial Group during the 3rd quarter valued at approximately $113,000. Federated Investors Inc. PA lifted its position in shares of Jefferies Financial Group by 784.0% during the 3rd quarter. Federated Investors Inc. PA now owns 6,250 shares of the financial services provider’s stock valued at $138,000 after buying an additional 5,543 shares in the last quarter. Finally, Qube Research & Technologies Ltd purchased a new position in shares of Jefferies Financial Group during the 2nd quarter valued at approximately $141,000. Institutional investors and hedge funds own 76.96% of the company’s stock.

About Jefferies Financial Group

Jefferies Financial Group Inc, a financial services company, offers a range of products and services in investment banking, equities, fixed income, and wealth management in the Americas, Europe, and Asia. It engages in the debt capital market, equity capital market, merger and acquisition, private capital advisory, and restructuring and recapitalization businesses.

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