Jefferies Financial Group Inc. (NYSE:JEF) Holdings Raised by Vanguard Group Inc.

Vanguard Group Inc. lifted its position in shares of Jefferies Financial Group Inc. (NYSE:JEF) by 0.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,354,633 shares of the financial services provider’s stock after acquiring an additional 22,287 shares during the period. Vanguard Group Inc. owned about 7.45% of Jefferies Financial Group worth $1,203,803,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Hemington Wealth Management lifted its position in shares of Jefferies Financial Group by 71.8% in the 4th 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 Jefferies Financial Group during the fourth quarter worth about $27,000. Stephens Consulting LLC bought a new position in Jefferies Financial Group in the fourth quarter worth about $29,000. Wilmington Savings Fund Society FSB acquired a new position in Jefferies Financial Group in the third quarter valued at approximately $32,000. Finally, GAMMA Investing LLC raised its position in shares of Jefferies Financial Group by 158.3% during the 4th 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 period. 60.88% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

JEF has been the subject of a number of 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 report on Wednesday, March 19th. Finally, Morgan Stanley cut their price objective on shares of Jefferies Financial Group from $81.00 to $75.00 and set an “overweight” rating on the stock in a research report on Thursday.

Jefferies Financial Group Stock Down 9.7 %

Shares of Jefferies Financial Group stock opened at $54.42 on Friday. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.07 and a quick ratio of 1.07. Jefferies Financial Group Inc. has a 1-year low of $40.72 and a 1-year high of $82.68. The business’s fifty day moving average price is $67.00 and its two-hundred day moving average price is $69.41. The company has a market capitalization of $11.22 billion, a P/E ratio of 18.26 and a beta of 1.37.

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

Jefferies Financial Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Investors of record on Monday, May 19th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, May 19th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.94%. Jefferies Financial Group’s dividend payout ratio is presently 53.69%.

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.