Baader Bank Aktiengesellschaft Takes $2.17 Million Position in Jefferies Financial Group Inc. $JEF

Baader Bank Aktiengesellschaft acquired a new stake in Jefferies Financial Group Inc. (NYSE:JEF) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 35,037 shares of the financial services provider’s stock, valued at approximately $2,170,000.

A number of other institutional investors also recently made changes to their positions in JEF. Bison Wealth LLC bought a new stake in Jefferies Financial Group during the 4th quarter valued at $224,000. Arrowstreet Capital Limited Partnership bought a new stake in Jefferies Financial Group during the 2nd quarter valued at $3,325,000. EverSource Wealth Advisors LLC raised its holdings in Jefferies Financial Group by 159.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 892 shares of the financial services provider’s stock valued at $49,000 after buying an additional 548 shares during the last quarter. Amundi raised its holdings in Jefferies Financial Group by 8.6% during the 2nd quarter. Amundi now owns 226,025 shares of the financial services provider’s stock valued at $12,798,000 after buying an additional 17,935 shares during the last quarter. Finally, NewEdge Advisors LLC raised its holdings in Jefferies Financial Group by 11.8% during the 2nd quarter. NewEdge Advisors LLC now owns 25,970 shares of the financial services provider’s stock valued at $1,420,000 after buying an additional 2,751 shares during the last quarter. Hedge funds and other institutional investors own 60.88% of the company’s stock.

Jefferies Financial Group Stock Up 1.3%

Shares of NYSE JEF opened at $53.19 on Thursday. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.87. Jefferies Financial Group Inc. has a 12 month low of $35.53 and a 12 month high of $71.04. The firm has a market capitalization of $10.87 billion, a PE ratio of 17.97 and a beta of 1.53. The firm has a fifty day simple moving average of $43.97 and a two-hundred day simple moving average of $53.18.

Jefferies Financial Group (NYSE:JEF) last issued its quarterly earnings data on Wednesday, March 25th. The financial services provider reported $0.70 EPS for the quarter, missing the consensus estimate of $0.89 by ($0.19). Jefferies Financial Group had a return on equity of 7.83% and a net margin of 6.61%.The company had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $2.02 billion. During the same quarter last year, the company posted $0.57 earnings per share. The firm’s revenue for the quarter was up 26.6% compared to the same quarter last year. Equities analysts expect that Jefferies Financial Group Inc. will post 3.79 earnings per share for the current year.

Jefferies Financial Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Monday, May 18th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Monday, May 18th. Jefferies Financial Group’s dividend payout ratio (DPR) is presently 54.05%.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Morgan Stanley lowered shares of Jefferies Financial Group from an “overweight” rating to an “equal weight” rating and set a $49.00 price target for the company. in a report on Monday, March 9th. Oppenheimer lowered their price target on shares of Jefferies Financial Group from $97.00 to $74.00 and set an “outperform” rating for the company in a report on Friday, March 13th. BMO Capital Markets lowered their price target on shares of Jefferies Financial Group from $68.00 to $42.00 and set a “market perform” rating for the company in a report on Monday, March 23rd. The Goldman Sachs Group upped their price target on shares of Jefferies Financial Group from $47.00 to $54.00 and gave the company a “buy” rating in a report on Tuesday, April 14th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Jefferies Financial Group in a report on Friday, March 27th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $58.14.

Jefferies Financial Group Company 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.