Coldstream Capital Management Inc. Has $1.06 Million Position in Jefferies Financial Group Inc. (NYSE:JEF)

Coldstream Capital Management Inc. raised its holdings in Jefferies Financial Group Inc. (NYSE:JEF) by 22.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,553 shares of the financial services provider’s stock after purchasing an additional 2,463 shares during the quarter. Coldstream Capital Management Inc.’s holdings in Jefferies Financial Group were worth $1,063,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Price T Rowe Associates Inc. MD boosted its holdings in shares of Jefferies Financial Group by 5.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 114,592 shares of the financial services provider’s stock valued at $8,985,000 after purchasing an additional 6,098 shares in the last quarter. Pinebridge Investments L.P. boosted its holdings in shares of Jefferies Financial Group by 42.7% during the 4th quarter. Pinebridge Investments L.P. now owns 44,959 shares of the financial services provider’s stock valued at $3,525,000 after acquiring an additional 13,449 shares in the last quarter. Dark Forest Capital Management LP acquired a new stake in shares of Jefferies Financial Group during the 4th quarter valued at $315,000. Quantessence Capital LLC acquired a new stake in shares of Jefferies Financial Group during the 4th quarter valued at $284,000. Finally, Hsbc Holdings PLC boosted its holdings in shares of Jefferies Financial Group by 193.4% during the 4th quarter. Hsbc Holdings PLC now owns 10,802 shares of the financial services provider’s stock valued at $852,000 after acquiring an additional 7,120 shares in the last quarter. Institutional investors and hedge funds own 60.88% of the company’s stock.

Jefferies Financial Group Price Performance

Jefferies Financial Group stock opened at $46.93 on Tuesday. Jefferies Financial Group Inc. has a 52-week low of $39.28 and a 52-week high of $82.68. The stock’s 50 day moving average price is $53.20 and its two-hundred day moving average price is $66.87. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a market capitalization of $9.68 billion, a price-to-earnings ratio of 15.75 and a beta of 1.29.

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

Jefferies Financial Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 29th. Investors of record on Monday, May 19th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.41%. The ex-dividend date of this dividend is Monday, May 19th. Jefferies Financial Group’s dividend payout ratio is currently 55.36%.

Wall Street Analysts Forecast Growth

JEF has been the topic of several recent research reports. Morgan Stanley downgraded Jefferies Financial Group from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $75.00 to $41.00 in a report on Monday, April 7th. Oppenheimer lowered Jefferies Financial Group from an “outperform” rating to a “market perform” rating in a research report on Wednesday, March 19th. The Goldman Sachs Group set a $75.00 target price on Jefferies Financial Group in a research report on Wednesday, March 5th. Finally, StockNews.com lowered Jefferies Financial Group from a “hold” rating to a “sell” rating in a research report on Monday, March 31st.

About Jefferies Financial Group

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.