10,607 Shares in Jefferies Financial Group Inc. $JEF Acquired by Pekao Towarzystwo Funduszy Inwestycyjnych S.A.

Pekao Towarzystwo Funduszy Inwestycyjnych S.A. purchased a new position in shares of Jefferies Financial Group Inc. (NYSE:JEF) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 10,607 shares of the financial services provider’s stock, valued at approximately $657,000.

A number of other institutional investors and hedge funds have also modified their holdings of JEF. Bison Wealth LLC bought a new stake in shares of Jefferies Financial Group during the fourth quarter worth approximately $224,000. Arrowstreet Capital Limited Partnership bought a new stake in shares of Jefferies Financial Group during the second quarter worth approximately $3,325,000. EverSource Wealth Advisors LLC raised its stake in shares of Jefferies Financial Group by 159.3% during the second quarter. EverSource Wealth Advisors LLC now owns 892 shares of the financial services provider’s stock worth $49,000 after buying an additional 548 shares during the last quarter. Amundi raised its stake in shares of Jefferies Financial Group by 8.6% during the second quarter. Amundi now owns 226,025 shares of the financial services provider’s stock worth $12,798,000 after buying an additional 17,935 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of Jefferies Financial Group by 11.8% during the second quarter. NewEdge Advisors LLC now owns 25,970 shares of the financial services provider’s stock worth $1,420,000 after buying an additional 2,751 shares during the last quarter. 60.88% of the stock is owned by institutional investors.

Jefferies Financial Group Stock Performance

Shares of JEF opened at $48.08 on Friday. Jefferies Financial Group Inc. has a 12 month low of $35.53 and a 12 month high of $71.04. The firm has a fifty day simple moving average of $44.97 and a 200 day simple moving average of $53.92. The stock has a market capitalization of $9.83 billion, a price-to-earnings ratio of 16.24 and a beta of 1.52. 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 (NYSE:JEF) last announced its earnings results 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 business had revenue of $2.02 billion for the quarter, compared to analyst estimates of $2.02 billion. During the same quarter in the previous year, the company posted $0.57 EPS. The business’s revenue for the quarter was up 26.6% compared to the same quarter last year. Research analysts forecast that Jefferies Financial Group Inc. will post 4.41 EPS for the current fiscal year.

Jefferies Financial Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Monday, May 18th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, May 18th. This represents a $1.60 annualized dividend and a dividend yield of 3.3%. Jefferies Financial Group’s payout ratio is 54.05%.

Analyst Ratings Changes

A number of research analysts recently issued reports on JEF shares. Morgan Stanley cut shares of Jefferies Financial Group from an “overweight” rating to an “equal weight” rating and set a $49.00 price objective for the company. in a report on Monday, March 9th. BMO Capital Markets reduced their price target on shares of Jefferies Financial Group from $68.00 to $42.00 and set a “market perform” rating on the stock in a research report on Monday, March 23rd. UBS Group reduced their price target on shares of Jefferies Financial Group from $76.00 to $59.00 and set a “buy” rating on the stock in a research report on Thursday, March 12th. The Goldman Sachs Group lifted their price target on shares of Jefferies Financial Group from $47.00 to $54.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, Oppenheimer reduced their price target on shares of Jefferies Financial Group from $97.00 to $74.00 and set an “outperform” rating on the stock in a research report on Friday, March 13th. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Jefferies Financial Group presently has an average rating of “Hold” and a consensus price target 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.