Public Employees Retirement Association of Colorado decreased its position in shares of Jefferies Financial Group Inc (NYSE:JEF) by 13.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,904 shares of the financial services provider’s stock after selling 6,351 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Jefferies Financial Group were worth $806,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of JEF. Motco bought a new position in shares of Jefferies Financial Group in the first quarter worth about $29,000. Penserra Capital Management LLC bought a new position in Jefferies Financial Group in the 1st quarter valued at approximately $101,000. Advisor Group Inc. raised its holdings in Jefferies Financial Group by 6.5% in the 2nd quarter. Advisor Group Inc. now owns 8,425 shares of the financial services provider’s stock valued at $161,000 after buying an additional 513 shares during the last quarter. Moors & Cabot Inc. bought a new position in Jefferies Financial Group in the 1st quarter valued at approximately $192,000. Finally, Daiwa Securities Group Inc. raised its holdings in Jefferies Financial Group by 6.8% in the 1st quarter. Daiwa Securities Group Inc. now owns 11,750 shares of the financial services provider’s stock valued at $221,000 after buying an additional 750 shares during the last quarter. 72.75% of the stock is owned by institutional investors and hedge funds.
A number of brokerages recently issued reports on JEF. ValuEngine upgraded shares of Jefferies Financial Group from a “sell” rating to a “hold” rating in a report on Wednesday, May 1st. Keefe, Bruyette & Woods started coverage on shares of Jefferies Financial Group in a research report on Thursday, July 11th. They set a “market perform” rating and a $23.00 target price for the company.
Shares of JEF stock opened at $18.56 on Wednesday. The company has a market cap of $5.57 billion, a price-to-earnings ratio of 22.91 and a beta of 1.40. Jefferies Financial Group Inc has a 52 week low of $16.20 and a 52 week high of $24.24. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 1.03. The firm has a 50 day moving average of $20.43 and a 200-day moving average of $19.69.
Jefferies Financial Group (NYSE:JEF) last announced its quarterly earnings data on Wednesday, July 3rd. The financial services provider reported $0.41 EPS for the quarter, topping the consensus estimate of $0.24 by $0.17. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.01 billion. The firm’s revenue for the quarter was up 20.9% on a year-over-year basis. Analysts anticipate that Jefferies Financial Group Inc will post 1.34 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 30th. Stockholders of record on Monday, August 19th will be given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 2.69%. The ex-dividend date is Friday, August 16th. Jefferies Financial Group’s dividend payout ratio (DPR) is 61.73%.
About Jefferies Financial Group
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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