Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Jefferies Financial Group Inc (NYSE:JEF) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 22,875 shares of the financial services provider’s stock, valued at approximately $397,000.

Several other large investors also recently added to or reduced their stakes in the stock. JOYN Advisors Inc. raised its stake in shares of Jefferies Financial Group by 81.5% during the 4th quarter. JOYN Advisors Inc. now owns 1,628 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 731 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its stake in shares of Jefferies Financial Group by 10.9% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 54,937 shares of the financial services provider’s stock valued at $954,000 after acquiring an additional 5,400 shares in the last quarter. Great West Life Assurance Co. Can raised its stake in shares of Jefferies Financial Group by 2.7% in the 4th quarter. Great West Life Assurance Co. Can now owns 6,019,409 shares of the financial services provider’s stock valued at $101,391,000 after acquiring an additional 157,410 shares in the last quarter. Permanens Capital L.P. bought a new position in shares of Jefferies Financial Group in the 4th quarter valued at approximately $174,000. Finally, Northern Trust Corp raised its stake in shares of Jefferies Financial Group by 0.3% in the 4th quarter. Northern Trust Corp now owns 3,382,970 shares of the financial services provider’s stock valued at $58,728,000 after acquiring an additional 11,049 shares in the last quarter. Institutional investors and hedge funds own 78.54% of the company’s stock.

Shares of JEF stock opened at $19.31 on Thursday. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.94. Jefferies Financial Group Inc has a twelve month low of $16.20 and a twelve month high of $25.07. The company has a market capitalization of $5.97 billion, a P/E ratio of 11.70 and a beta of 1.35.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 28th. Investors of record on Friday, February 15th were paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.59%. The ex-dividend date of this dividend was Thursday, February 14th. Jefferies Financial Group’s payout ratio is 30.30%.

A number of brokerages recently weighed in on JEF. Zacks Investment Research downgraded Jefferies Financial Group from a “hold” rating to a “sell” rating in a research note on Friday, March 15th. ValuEngine downgraded Jefferies Financial Group from a “hold” rating to a “sell” rating in a research note on Tuesday, March 5th. Finally, Oppenheimer cut their price objective on Jefferies Financial Group from $32.00 to $30.00 in a research note on Friday, January 11th.

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Jefferies Financial Group Company Profile

Jefferies Financial Group Inc, a financial services company, engages in investment banking and capital markets, asset management, and direct investing businesses in the Americas, Europe, and Asia. the company also offers equities research, sales, and trading services; equity finance services comprising financing, securities lending, and other prime brokerage services; and wealth management services to high net worth individuals, their families and businesses, private equity and venture funds, and small institutions.

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Institutional Ownership by Quarter for Jefferies Financial Group (NYSE:JEF)

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