720 Shares in Jefferies Financial Group Inc. (NYSE:JEF) Acquired by Naples Money Management LLC

Naples Money Management LLC bought a new stake in Jefferies Financial Group Inc. (NYSE:JEF) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 720 shares of the financial services provider’s stock, valued at approximately $29,000.

Other large investors also recently added to or reduced their stakes in the company. Redmont Wealth Advisors LLC lifted its holdings in Jefferies Financial Group by 1.4% during the 4th quarter. Redmont Wealth Advisors LLC now owns 23,694 shares of the financial services provider’s stock worth $957,000 after buying an additional 321 shares during the last quarter. Fifth Third Bancorp lifted its stake in Jefferies Financial Group by 16.1% during the third quarter. Fifth Third Bancorp now owns 2,573 shares of the financial services provider’s stock worth $94,000 after purchasing an additional 356 shares during the last quarter. Signaturefd LLC boosted its holdings in Jefferies Financial Group by 7.9% in the third quarter. Signaturefd LLC now owns 5,163 shares of the financial services provider’s stock valued at $189,000 after purchasing an additional 377 shares in the last quarter. LPL Financial LLC increased its stake in Jefferies Financial Group by 0.4% in the third quarter. LPL Financial LLC now owns 102,487 shares of the financial services provider’s stock valued at $3,754,000 after purchasing an additional 395 shares during the last quarter. Finally, Allworth Financial LP raised its holdings in Jefferies Financial Group by 56.6% during the fourth quarter. Allworth Financial LP now owns 1,126 shares of the financial services provider’s stock worth $46,000 after purchasing an additional 407 shares in the last quarter. 60.88% of the stock is currently owned by institutional investors and hedge funds.

Jefferies Financial Group Price Performance

JEF stock opened at $42.17 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 1.28. The company has a market capitalization of $8.94 billion, a P/E ratio of 34.59 and a beta of 1.37. The business has a 50 day simple moving average of $42.83 and a 200-day simple moving average of $39.00. Jefferies Financial Group Inc. has a twelve month low of $28.81 and a twelve month high of $47.39.

Jefferies Financial Group (NYSE:JEF) last released its quarterly earnings results on Wednesday, March 27th. The financial services provider reported $0.87 EPS for the quarter, beating the consensus estimate of $0.76 by $0.11. The firm had revenue of $1.74 billion during the quarter, compared to the consensus estimate of $1.52 billion. Jefferies Financial Group had a net margin of 5.90% and a return on equity of 4.41%. Jefferies Financial Group’s revenue for the quarter was up 35.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.55 EPS. As a group, equities analysts anticipate that Jefferies Financial Group Inc. will post 3.38 EPS for the current year.

Jefferies Financial Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 30th. Investors of record on Monday, May 20th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.85%. The ex-dividend date of this dividend is Friday, May 17th. Jefferies Financial Group’s dividend payout ratio is currently 98.36%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on JEF. Oppenheimer upped their target price on shares of Jefferies Financial Group from $52.00 to $54.00 and gave the company an “outperform” rating in a report on Tuesday, April 2nd. StockNews.com downgraded shares of Jefferies Financial Group from a “buy” rating to a “hold” rating in a research note on Saturday, April 13th. Two investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $43.33.

Jefferies Financial Group Company Profile

Jefferies Financial Group Inc operates as an investment banking and capital markets firm in the Americas, Europe, the Middle East, and the Asia-Pacific. The company operates in two segments, Investment Banking and Capital Markets, and Asset Management. It provides investment banking, advisory services with respect to mergers or acquisitions, debt financing, restructurings or recapitalizations, and private capital advisory transactions; underwriting and placement services related to corporate debt, municipal bonds, mortgage-backed and asset-backed securities, equity and equity-linked securities, and loan syndication services; and corporate lending services.