Jefferies Financial Group Inc. $JEF Stock Holdings Lifted by GSA Capital Partners LLP

GSA Capital Partners LLP lifted its holdings in Jefferies Financial Group Inc. (NYSE:JEF) by 186.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 57,621 shares of the financial services provider’s stock after acquiring an additional 37,530 shares during the quarter. Jefferies Financial Group makes up about 0.3% of GSA Capital Partners LLP’s holdings, making the stock its 9th largest holding. GSA Capital Partners LLP’s holdings in Jefferies Financial Group were worth $3,770,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Bison Wealth LLC purchased a new position in shares of Jefferies Financial Group in the 4th quarter valued at $224,000. Janney Montgomery Scott LLC raised its holdings in Jefferies Financial Group by 28.5% in the second quarter. Janney Montgomery Scott LLC now owns 6,325 shares of the financial services provider’s stock worth $346,000 after purchasing an additional 1,403 shares in the last quarter. CWM LLC lifted its position in shares of Jefferies Financial Group by 455.0% during the second quarter. CWM LLC now owns 7,875 shares of the financial services provider’s stock valued at $431,000 after buying an additional 6,456 shares during the last quarter. Harbour Investments Inc. boosted its holdings in shares of Jefferies Financial Group by 94.0% in the 2nd quarter. Harbour Investments Inc. now owns 4,426 shares of the financial services provider’s stock valued at $242,000 after buying an additional 2,144 shares in the last quarter. Finally, Carnegie Investment Counsel raised its stake in shares of Jefferies Financial Group by 5.4% during the 2nd quarter. Carnegie Investment Counsel now owns 9,970 shares of the financial services provider’s stock worth $545,000 after acquiring an additional 511 shares in the last quarter. Institutional investors own 60.88% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on JEF shares. Morgan Stanley set a $78.00 target price on shares of Jefferies Financial Group and gave the company an “overweight” rating in a research report on Monday, December 8th. UBS Group restated a “buy” rating on shares of Jefferies Financial Group in a research note on Tuesday, December 30th. Zacks Research lowered Jefferies Financial Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. Weiss Ratings restated a “hold (c-)” rating on shares of Jefferies Financial Group in a report on Monday, December 29th. Finally, Oppenheimer upped their target price on Jefferies Financial Group from $81.00 to $97.00 and gave the company an “outperform” rating in a research report on Thursday, December 11th. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Jefferies Financial Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $72.71.

Jefferies Financial Group Trading Down 0.8%

Shares of NYSE:JEF opened at $53.64 on Tuesday. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.73. Jefferies Financial Group Inc. has a 12-month low of $39.28 and a 12-month high of $72.20. The business has a 50 day moving average of $61.44 and a two-hundred day moving average of $60.07. The company has a market capitalization of $11.08 billion, a PE ratio of 18.96 and a beta of 1.50.

Jefferies Financial Group (NYSE:JEF) last posted its earnings results on Wednesday, January 7th. The financial services provider reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.13. The firm had revenue of $2.07 billion during the quarter, compared to analysts’ expectations of $2.01 billion. Jefferies Financial Group had a net margin of 6.56% and a return on equity of 7.27%. The business’s revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.91 EPS. As a group, analysts forecast that Jefferies Financial Group Inc. will post 4.41 EPS for the current year.

Jefferies Financial Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Tuesday, February 17th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $1.60 dividend on an annualized basis and a yield of 3.0%. Jefferies Financial Group’s dividend payout ratio is presently 56.54%.

Jefferies Financial Group Profile

Jefferies Financial Group Inc is a diversified financial services company that provides a range of investment banking, capital markets and asset management services to corporations, governments and institutional investors worldwide. Through its core platform, Jefferies offers advisory services for mergers and acquisitions, debt and equity underwriting, restructuring and recapitalization. The firm also operates a global sales and trading business covering equities, fixed income and foreign exchange products, complemented by equity research and macroeconomic analysis.

In addition to its capital markets franchise, Jefferies maintains a growing asset management division that delivers customized investment solutions across public and private markets.