Melissa Weiler Buys 4,000 Shares of Jefferies Financial Group Inc. (NYSE:JEF) Stock

Jefferies Financial Group Inc. (NYSE:JEF) Director Melissa Weiler bought 4,000 shares of the company’s stock in a transaction on Thursday, January 13th. The shares were bought at an average price of $37.49 per share, for a total transaction of $149,960.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Jefferies Financial Group stock traded down $0.43 during trading hours on Friday, hitting $37.63. The company had a trading volume of 2,252,830 shares, compared to its average volume of 2,279,139. The firm has a market cap of $9.24 billion, a PE ratio of 6.15 and a beta of 1.46. The company has a debt-to-equity ratio of 1.00, a current ratio of 2.17 and a quick ratio of 2.17. Jefferies Financial Group Inc. has a one year low of $22.87 and a one year high of $44.47. The firm has a 50-day moving average of $39.54 and a 200 day moving average of $37.67.

Jefferies Financial Group (NYSE:JEF) last released its quarterly earnings results on Wednesday, January 12th. The financial services provider reported $1.20 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.34 by ($0.14). The company had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.90 billion. Jefferies Financial Group had a net margin of 20.46% and a return on equity of 17.11%. The firm’s revenue was down 2.8% compared to the same quarter last year. During the same period in the prior year, the company earned $1.11 earnings per share. As a group, research analysts expect that Jefferies Financial Group Inc. will post 3.84 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 25th. Stockholders of record on Monday, February 14th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, February 11th. This is a boost from Jefferies Financial Group’s previous quarterly dividend of $0.25. This represents a $1.20 annualized dividend and a dividend yield of 3.19%. Jefferies Financial Group’s dividend payout ratio (DPR) is currently 16.31%.

Several equities analysts have recently weighed in on the stock. The Goldman Sachs Group assumed coverage on shares of Jefferies Financial Group in a research note on Monday, September 20th. They set a “buy” rating and a $45.00 price target for the company. Oppenheimer upped their target price on shares of Jefferies Financial Group from $40.00 to $41.00 and gave the company an “outperform” rating in a report on Friday, October 1st. Zacks Investment Research raised shares of Jefferies Financial Group from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a report on Thursday, December 23rd. Keefe, Bruyette & Woods cut shares of Jefferies Financial Group from an “outperform” rating to a “market perform” rating and set a $46.00 target price on the stock. in a report on Tuesday, November 16th. They noted that the move was a valuation call. Finally, Morgan Stanley initiated coverage on shares of Jefferies Financial Group in a report on Thursday, December 16th. They issued an “equal weight” rating and a $40.00 target price on the stock. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $42.80.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Spire Wealth Management increased its holdings in shares of Jefferies Financial Group by 5.6% during the fourth quarter. Spire Wealth Management now owns 7,495 shares of the financial services provider’s stock worth $291,000 after purchasing an additional 395 shares during the period. RVW Wealth LLC bought a new position in shares of Jefferies Financial Group during the fourth quarter worth approximately $392,000. Gateway Investment Advisers LLC increased its holdings in shares of Jefferies Financial Group by 1.1% during the fourth quarter. Gateway Investment Advisers LLC now owns 54,727 shares of the financial services provider’s stock worth $2,123,000 after purchasing an additional 612 shares during the period. State of Alaska Department of Revenue increased its holdings in shares of Jefferies Financial Group by 67.0% during the fourth quarter. State of Alaska Department of Revenue now owns 50,639 shares of the financial services provider’s stock worth $1,963,000 after purchasing an additional 20,308 shares during the period. Finally, UBS Asset Management Americas Inc. increased its holdings in shares of Jefferies Financial Group by 1.5% during the third quarter. UBS Asset Management Americas Inc. now owns 494,518 shares of the financial services provider’s stock worth $18,361,000 after purchasing an additional 7,124 shares during the period. 68.59% of the stock is currently owned by institutional investors.

Jefferies Financial Group Company Profile

Jefferies Financial Group, Inc is a holding company, which engages in the provision of financial services. It operates through the following segments: Investment Banking, Capital Markets, and Asset Management; Merchant Banking; and Corporate segments. The Investment Banking, Capital Markets, and Asset Management segment consists of investments in Jefferies Group.

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