Intrepid Capital Management Inc. Has $3.36 Million Stock Holdings in Jefferies Financial Group Inc. (NYSE:JEF)

Intrepid Capital Management Inc. lessened its position in shares of Jefferies Financial Group Inc. (NYSE:JEF) by 47.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,885 shares of the financial services provider’s stock after selling 38,606 shares during the period. Jefferies Financial Group comprises 1.7% of Intrepid Capital Management Inc.’s holdings, making the stock its 13th largest position. Intrepid Capital Management Inc.’s holdings in Jefferies Financial Group were worth $3,362,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the company. Hemington Wealth Management increased its position in Jefferies Financial Group by 71.8% during the fourth quarter. Hemington Wealth Management now owns 335 shares of the financial services provider’s stock worth $26,000 after buying an additional 140 shares during the last quarter. V Square Quantitative Management LLC acquired a new stake in shares of Jefferies Financial Group during the 4th quarter worth $27,000. Stephens Consulting LLC bought a new stake in Jefferies Financial Group during the fourth quarter worth about $29,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Jefferies Financial Group during the 3rd quarter worth approximately $32,000. Finally, GAMMA Investing LLC lifted its stake in Jefferies Financial Group by 158.3% during the fourth quarter. GAMMA Investing LLC now owns 514 shares of the financial services provider’s stock worth $40,000 after purchasing an additional 315 shares during the last quarter. Institutional investors own 60.88% of the company’s stock.

Jefferies Financial Group Stock Down 0.1 %

Shares of NYSE:JEF opened at $53.53 on Wednesday. The stock’s 50-day moving average price is $65.60 and its 200-day moving average price is $69.50. Jefferies Financial Group Inc. has a 12-month low of $40.72 and a 12-month high of $82.68. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.57. The stock has a market capitalization of $11.03 billion, a P/E ratio of 17.96 and a beta of 1.37.

Jefferies Financial Group (NYSE:JEF) last released its earnings results on Wednesday, March 26th. The financial services provider reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.28). The firm had revenue of $1.59 billion during the quarter, compared to analysts’ expectations of $1.93 billion. Jefferies Financial Group had a net margin of 10.57% and a return on equity of 7.92%. The company’s revenue for the quarter was down 8.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.87 EPS. On average, equities analysts anticipate that Jefferies Financial Group Inc. will post 4.41 earnings per share for the current year.

Jefferies Financial Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Stockholders of record on Monday, May 19th will be paid a $0.40 dividend. The ex-dividend date is Monday, May 19th. This represents a $1.60 annualized dividend and a dividend yield of 2.99%. Jefferies Financial Group’s dividend payout ratio (DPR) is 55.36%.

Analyst Ratings Changes

JEF has been the subject of several recent research reports. The Goldman Sachs Group set a $75.00 price objective on Jefferies Financial Group in a research note on Wednesday, March 5th. Oppenheimer lowered shares of Jefferies Financial Group from an “outperform” rating to a “market perform” rating in a research note on Wednesday, March 19th. Morgan Stanley dropped their price target on Jefferies Financial Group from $81.00 to $75.00 and set an “overweight” rating on the stock in a research note on Thursday, March 27th. Finally, StockNews.com downgraded shares of Jefferies Financial Group from a “hold” rating to a “sell” rating in a report on Monday.

Jefferies Financial Group Profile

Jefferies Financial Group Inc operates as an investment banking and capital markets firm in the Americas, Europe, the Middle East, and the Asia-Pacific. The company operates in two segments, Investment Banking and Capital Markets, and Asset Management. It provides investment banking, advisory services with respect to mergers or acquisitions, debt financing, restructurings or recapitalizations, and private capital advisory transactions; underwriting and placement services related to corporate debt, municipal bonds, mortgage-backed and asset-backed securities, equity and equity-linked securities, and loan syndication services; and corporate lending services.