2,640 Shares in Jefferies Financial Group Inc. (NYSE:JEF) Bought by CFC Planning Co LLC

CFC Planning Co LLC purchased a new position in shares of Jefferies Financial Group Inc. (NYSE:JEF) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,640 shares of the financial services provider’s stock, valued at approximately $207,000.

A number of other hedge funds have also recently added to or reduced their stakes in JEF. Hemington Wealth Management boosted its holdings 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 in the last quarter. Stephens Consulting LLC purchased a new stake in Jefferies Financial Group during the fourth quarter worth $29,000. Wilmington Savings Fund Society FSB purchased a new stake in Jefferies Financial Group during the third quarter worth $32,000. GAMMA Investing LLC boosted its holdings 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 buying an additional 315 shares in the last quarter. Finally, Eastern Bank purchased a new stake in Jefferies Financial Group during the third quarter worth $42,000. 60.88% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

JEF has been the topic of a number of recent analyst reports. Oppenheimer lowered their price target on shares of Jefferies Financial Group from $82.00 to $81.00 and set an “outperform” rating on the stock in a report on Friday, January 3rd. Morgan Stanley upgraded shares of Jefferies Financial Group from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $67.00 to $97.00 in a research report on Monday, December 9th.

Jefferies Financial Group Stock Performance

NYSE:JEF opened at $70.95 on Friday. 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 company has a fifty day moving average of $76.82 and a two-hundred day moving average of $68.44. The stock has a market capitalization of $14.62 billion, a PE ratio of 23.81 and a beta of 1.34. Jefferies Financial Group Inc. has a fifty-two week low of $40.23 and a fifty-two week high of $82.68.

Jefferies Financial Group (NYSE:JEF) last issued its earnings results on Wednesday, January 8th. The financial services provider reported $0.91 EPS for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.06). The business had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.83 billion. Jefferies Financial Group had a net margin of 10.57% and a return on equity of 7.92%. Jefferies Financial Group’s quarterly revenue was up 63.4% on a year-over-year basis. During the same quarter last year, the company earned $0.30 earnings per share. As a group, research analysts forecast that Jefferies Financial Group Inc. will post 4.55 earnings per share for the current fiscal year.

Jefferies Financial Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 27th. Stockholders of record on Friday, February 14th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.26%. This is a boost from Jefferies Financial Group’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Friday, February 14th. Jefferies Financial Group’s dividend payout ratio is 46.98%.

Jefferies Financial Group Company 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.