Mraz Amerine & Associates Inc. Has $11.53 Million Position in Leucadia National Corporation (LUK)

Mraz Amerine & Associates Inc. decreased its position in Leucadia National Corporation (NYSE:LUK) by 4.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 456,489 shares of the conglomerate’s stock after selling 21,607 shares during the period. Leucadia National Corporation makes up about 3.6% of Mraz Amerine & Associates Inc.’s portfolio, making the stock its 8th biggest holding. Mraz Amerine & Associates Inc. owned about 0.13% of Leucadia National Corporation worth $11,526,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. BNP Paribas Arbitrage SA raised its stake in shares of Leucadia National Corporation by 43.9% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 189,779 shares of the conglomerate’s stock valued at $4,792,000 after buying an additional 57,867 shares during the last quarter. Oregon Public Employees Retirement Fund raised its stake in shares of Leucadia National Corporation by 195.9% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 101,136 shares of the conglomerate’s stock valued at $2,554,000 after buying an additional 66,962 shares during the last quarter. American Century Companies Inc. raised its stake in shares of Leucadia National Corporation by 50.9% during the 3rd quarter. American Century Companies Inc. now owns 2,531,865 shares of the conglomerate’s stock valued at $63,930,000 after buying an additional 854,352 shares during the last quarter. Andra AP fonden raised its stake in shares of Leucadia National Corporation by 77.8% during the 3rd quarter. Andra AP fonden now owns 166,100 shares of the conglomerate’s stock valued at $4,194,000 after buying an additional 72,700 shares during the last quarter. Finally, Artemis Investment Management LLP raised its stake in shares of Leucadia National Corporation by 18.4% during the 3rd quarter. Artemis Investment Management LLP now owns 268,938 shares of the conglomerate’s stock valued at $6,789,000 after buying an additional 41,774 shares during the last quarter. Institutional investors and hedge funds own 75.25% of the company’s stock.

A number of equities analysts have weighed in on the company. BidaskClub lowered Leucadia National Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. TheStreet upgraded Leucadia National Corporation from a “c+” rating to a “b-” rating in a research note on Friday, November 3rd. Finally, Zacks Investment Research upgraded Leucadia National Corporation from a “hold” rating to a “buy” rating and set a $28.00 price objective for the company in a research note on Tuesday, October 10th.

Leucadia National Corporation (NYSE LUK) traded down $0.40 during midday trading on Friday, hitting $25.66. The company’s stock had a trading volume of 903,400 shares, compared to its average volume of 1,263,840. The stock has a market cap of $9,141.97, a price-to-earnings ratio of 16.55, a P/E/G ratio of 1.03 and a beta of 1.29. Leucadia National Corporation has a twelve month low of $20.17 and a twelve month high of $27.33. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.67 and a quick ratio of 0.67.

Leucadia National Corporation (NYSE:LUK) last released its quarterly earnings data on Thursday, October 26th. The conglomerate reported $0.27 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.17 by $0.10. The business had revenue of $2.90 billion during the quarter, compared to analyst estimates of $2.66 billion. Leucadia National Corporation had a return on equity of 5.83% and a net margin of 5.48%. The company’s revenue was up 8.2% compared to the same quarter last year. sell-side analysts expect that Leucadia National Corporation will post 1.39 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 27th. Investors of record on Wednesday, December 13th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, December 12th. This represents a $0.40 annualized dividend and a dividend yield of 1.56%. Leucadia National Corporation’s dividend payout ratio is presently 25.81%.

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Leucadia National Corporation Profile

Leucadia National Corporation (Leucadia) is a diversified holding company focused on return on investment and long-term value. The Company’s segments, based on requirements are Jefferies, National Beef, and Corporate and other. Jefferies is a global full-service, integrated securities and investment banking firm.

Institutional Ownership by Quarter for Leucadia National Corporation (NYSE:LUK)

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