BNP Paribas Arbitrage SA Boosts Stake in Jefferies Financial Group Inc. (NYSE:JEF)

BNP Paribas Arbitrage SA raised its position in Jefferies Financial Group Inc. (NYSE:JEFGet Rating) by 0.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 147,259 shares of the financial services provider’s stock after purchasing an additional 1,019 shares during the period. BNP Paribas Arbitrage SA’s holdings in Jefferies Financial Group were worth $5,714,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. JCIC Asset Management Inc. bought a new position in Jefferies Financial Group in the 4th quarter worth about $25,000. First Horizon Advisors Inc. boosted its stake in Jefferies Financial Group by 119.6% in the fourth quarter. First Horizon Advisors Inc. now owns 830 shares of the financial services provider’s stock valued at $31,000 after acquiring an additional 452 shares in the last quarter. Mark Sheptoff Financial Planning LLC purchased a new position in shares of Jefferies Financial Group in the third quarter worth $52,000. Geneos Wealth Management Inc. raised its holdings in shares of Jefferies Financial Group by 242.5% in the third quarter. Geneos Wealth Management Inc. now owns 3,630 shares of the financial services provider’s stock worth $137,000 after buying an additional 2,570 shares during the last quarter. Finally, Altshuler Shaham Ltd raised its holdings in shares of Jefferies Financial Group by 119.8% in the third quarter. Altshuler Shaham Ltd now owns 4,048 shares of the financial services provider’s stock worth $151,000 after buying an additional 2,206 shares during the last quarter. 69.79% of the stock is currently owned by institutional investors.

A number of research analysts have issued reports on the stock. Zacks Investment Research raised shares of Jefferies Financial Group from a “hold” rating to a “strong-buy” rating and set a $37.00 price target for the company in a report on Wednesday. Oppenheimer decreased their price target on shares of Jefferies Financial Group from $52.00 to $47.00 and set an “outperform” rating for the company in a report on Friday, March 18th. StockNews.com assumed coverage on shares of Jefferies Financial Group in a report on Thursday, March 31st. They issued a “hold” rating for the company. Finally, Morgan Stanley decreased their price target on shares of Jefferies Financial Group from $40.00 to $35.00 and set an “equal weight” rating for the company in a report on Tuesday, March 8th. Three equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Jefferies Financial Group currently has a consensus rating of “Buy” and a consensus price target of $42.00.

Shares of Jefferies Financial Group stock opened at $30.69 on Friday. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.87 and a quick ratio of 1.87. The firm has a fifty day moving average price of $32.14 and a 200 day moving average price of $36.30. Jefferies Financial Group Inc. has a 1 year low of $28.99 and a 1 year high of $44.47. The stock has a market cap of $7.35 billion, a PE ratio of 5.87 and a beta of 1.35.

Jefferies Financial Group (NYSE:JEFGet Rating) last issued its earnings results on Monday, March 28th. The financial services provider reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.32. Jefferies Financial Group had a net margin of 19.09% and a return on equity of 14.13%. The firm had revenue of $1.73 billion during the quarter, compared to analysts’ expectations of $1.55 billion. During the same quarter last year, the company posted $2.14 earnings per share. The firm’s revenue was down 30.4% compared to the same quarter last year. As a group, equities analysts expect that Jefferies Financial Group Inc. will post 3.83 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 27th. Investors of record on Monday, May 16th will be issued a dividend of $0.30 per share. The ex-dividend date is Friday, May 13th. This represents a $1.20 annualized dividend and a dividend yield of 3.91%. Jefferies Financial Group’s dividend payout ratio (DPR) is presently 22.94%.

In other news, Director Thomas W. Jones purchased 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 30th. The shares were bought at an average price of $33.48 per share, for a total transaction of $334,800.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Kane Michael T. O sold 6,000 shares of the firm’s stock in a transaction on Tuesday, April 19th. The shares were sold at an average price of $33.39, for a total transaction of $200,340.00. Following the sale, the director now owns 97,138 shares in the company, valued at approximately $3,243,437.82. The disclosure for this sale can be found here. Company insiders own 17.90% of the company’s stock.

Jefferies Financial Group Company Profile (Get Rating)

Jefferies Financial Group Inc engages in the investment banking and capital markets, and asset management businesses in the Americas, Europe, the Middle East, Africa, and Asia. The company operates in Investment Banking and Capital Markets, Asset Management, Merchant Banking, and Corporate segments. It provides investment banking, advisory services with respect to mergers or acquisitions, restructurings or recapitalizations and private capital advisory transactions; equity and debt underwriting; and corporate lending.

See Also

Want to see what other hedge funds are holding JEF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Jefferies Financial Group Inc. (NYSE:JEFGet Rating).

Institutional Ownership by Quarter for Jefferies Financial Group (NYSE:JEF)

Receive News & Ratings for Jefferies Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jefferies Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.