Jefferies Financial Group Inc. (NYSE:JEF) Shares Bought by Eubel Brady & Suttman Asset Management Inc.

Eubel Brady & Suttman Asset Management Inc. boosted its holdings in shares of Jefferies Financial Group Inc. (NYSE:JEFGet Rating) by 3.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 397,647 shares of the financial services provider’s stock after purchasing an additional 13,072 shares during the period. Jefferies Financial Group comprises approximately 2.1% of Eubel Brady & Suttman Asset Management Inc.’s investment portfolio, making the stock its 23rd biggest holding. Eubel Brady & Suttman Asset Management Inc. owned approximately 0.17% of Jefferies Financial Group worth $13,063,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JEF. Charles Schwab Investment Management Inc. lifted its position in Jefferies Financial Group by 201.2% during the first quarter. Charles Schwab Investment Management Inc. now owns 3,328,739 shares of the financial services provider’s stock valued at $109,350,000 after purchasing an additional 2,223,630 shares during the period. First Trust Advisors LP increased its holdings in Jefferies Financial Group by 44.6% in the first quarter. First Trust Advisors LP now owns 7,152,883 shares of the financial services provider’s stock valued at $234,972,000 after buying an additional 2,207,065 shares in the last quarter. Alliancebernstein L.P. increased its holdings in Jefferies Financial Group by 91.5% in the fourth quarter. Alliancebernstein L.P. now owns 4,550,667 shares of the financial services provider’s stock valued at $176,566,000 after buying an additional 2,174,282 shares in the last quarter. Donald Smith & CO. Inc. increased its holdings in Jefferies Financial Group by 17.9% in the first quarter. Donald Smith & CO. Inc. now owns 3,309,897 shares of the financial services provider’s stock valued at $108,730,000 after buying an additional 502,508 shares in the last quarter. Finally, Renaissance Technologies LLC increased its holdings in Jefferies Financial Group by 187.0% in the first quarter. Renaissance Technologies LLC now owns 657,289 shares of the financial services provider’s stock valued at $21,592,000 after buying an additional 428,300 shares in the last quarter. 67.62% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Jefferies Financial Group

In other news, VP Rocco J. Nittoli sold 7,000 shares of the stock in a transaction that occurred on Thursday, July 28th. The shares were sold at an average price of $32.41, for a total value of $226,870.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director Thomas W. Jones purchased 40,000 shares of the company’s stock in a transaction dated Monday, July 25th. The stock was acquired at an average price of $31.21 per share, with a total value of $1,248,400.00. Following the purchase, the director now directly owns 55,962 shares in the company, valued at approximately $1,746,574.02. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, VP Rocco J. Nittoli sold 7,000 shares of the stock in a transaction that occurred on Thursday, July 28th. The shares were sold at an average price of $32.41, for a total transaction of $226,870.00. The disclosure for this sale can be found here. 17.90% of the stock is owned by corporate insiders.

Jefferies Financial Group Stock Down 3.1 %

Shares of NYSE JEF opened at $32.96 on Wednesday. Jefferies Financial Group Inc. has a 12-month low of $25.88 and a 12-month high of $44.47. The stock has a market cap of $7.66 billion, a PE ratio of 7.53 and a beta of 1.39. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 1.04. The company has a 50-day moving average of $31.92 and a 200 day moving average of $31.48.

Jefferies Financial Group (NYSE:JEFGet Rating) last announced its quarterly earnings data on Monday, June 27th. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.65 by ($0.19). Jefferies Financial Group had a net margin of 17.23% and a return on equity of 11.76%. The business had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.26 billion. During the same period in the prior year, the company posted $1.31 EPS. The firm’s revenue was down 29.8% on a year-over-year basis. As a group, sell-side analysts predict that Jefferies Financial Group Inc. will post 2.92 EPS for the current fiscal year.

Jefferies Financial Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 26th. Investors of record on Monday, August 15th were paid a dividend of $0.30 per share. The ex-dividend date was Friday, August 12th. This represents a $1.20 annualized dividend and a yield of 3.64%. Jefferies Financial Group’s dividend payout ratio is presently 27.40%.

Analyst Upgrades and Downgrades

JEF has been the subject of a number of recent analyst reports. Morgan Stanley cut their price objective on shares of Jefferies Financial Group from $32.00 to $28.00 and set an “equal weight” rating for the company in a report on Monday, July 18th. Keefe, Bruyette & Woods raised shares of Jefferies Financial Group from a “market perform” rating to an “outperform” rating and boosted their target price for the stock from $30.00 to $38.00 in a research note on Monday, September 5th. Oppenheimer boosted their target price on shares of Jefferies Financial Group to $47.00 in a research note on Tuesday, September 6th. Finally, The Goldman Sachs Group boosted their target price on shares of Jefferies Financial Group from $33.00 to $37.00 and gave the stock a “buy” rating in a research note on Thursday, August 4th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $37.50.

Jefferies Financial Group Profile

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Jefferies Financial Group Inc engages in the investment banking and capital markets, and asset management businesses in the Americas, Europe, the Middle East, Africa, and Asia. The company operates in Investment Banking and Capital Markets, Asset Management, Merchant Banking, and Corporate segments. It provides investment banking, advisory services with respect to mergers or acquisitions, restructurings or recapitalizations and private capital advisory transactions; equity and debt underwriting; and corporate lending.

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Institutional Ownership by Quarter for Jefferies Financial Group (NYSE:JEF)

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