Strs Ohio Has $1.26 Million Stock Position in Jefferies Financial Group Inc (NYSE:JEF)

Strs Ohio boosted its holdings in Jefferies Financial Group Inc (NYSE:JEF) by 64.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 81,032 shares of the financial services provider’s stock after buying an additional 31,687 shares during the period. Strs Ohio’s holdings in Jefferies Financial Group were worth $1,260,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Commonwealth Equity Services LLC grew its stake in shares of Jefferies Financial Group by 2.1% in the first quarter. Commonwealth Equity Services LLC now owns 37,952 shares of the financial services provider’s stock worth $518,000 after acquiring an additional 772 shares during the last quarter. Kwmg LLC grew its stake in shares of Jefferies Financial Group by 1.2% in the first quarter. Kwmg LLC now owns 86,426 shares of the financial services provider’s stock worth $1,181,000 after acquiring an additional 1,004 shares during the last quarter. Signaturefd LLC grew its stake in shares of Jefferies Financial Group by 43.6% in the first quarter. Signaturefd LLC now owns 4,292 shares of the financial services provider’s stock worth $59,000 after acquiring an additional 1,303 shares during the last quarter. Gabelli Funds LLC grew its stake in shares of Jefferies Financial Group by 0.8% in the first quarter. Gabelli Funds LLC now owns 170,460 shares of the financial services provider’s stock worth $2,330,000 after acquiring an additional 1,350 shares during the last quarter. Finally, Elgethun Capital Management grew its stake in shares of Jefferies Financial Group by 1.3% in the first quarter. Elgethun Capital Management now owns 151,723 shares of the financial services provider’s stock worth $2,074,000 after acquiring an additional 1,962 shares during the last quarter. Institutional investors own 72.17% of the company’s stock.

Several brokerages have recently issued reports on JEF. Oppenheimer raised their price objective on shares of Jefferies Financial Group from $25.00 to $26.00 and gave the stock an “outperform” rating in a research note on Tuesday, June 30th. Zacks Investment Research upgraded shares of Jefferies Financial Group from a “hold” rating to a “strong-buy” rating and set a $18.00 price objective on the stock in a research note on Thursday, July 2nd. ValuEngine upgraded shares of Jefferies Financial Group from a “sell” rating to a “hold” rating in a research note on Wednesday, May 6th. Finally, TheStreet cut Jefferies Financial Group from a “c-” rating to a “d+” rating in a research report on Wednesday, April 15th.

In related news, President Brian P. Friedman acquired 5,000 shares of the business’s stock in a transaction on Monday, July 13th. The stock was bought at an average cost of $16.27 per share, with a total value of $81,350.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 14.80% of the stock is currently owned by company insiders.

Shares of JEF stock opened at $16.20 on Friday. The stock has a market cap of $4.34 billion, a P/E ratio of 12.53 and a beta of 1.44. Jefferies Financial Group Inc has a one year low of $11.20 and a one year high of $24.03. The stock has a fifty day moving average price of $15.88 and a 200 day moving average price of $16.73. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.52 and a quick ratio of 1.52.

Jefferies Financial Group (NYSE:JEF) last issued its earnings results on Monday, June 29th. The financial services provider reported $0.16 EPS for the quarter, topping the consensus estimate of ($0.03) by $0.19. The firm had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $844.30 million. Jefferies Financial Group had a return on equity of 4.86% and a net margin of 10.16%. Jefferies Financial Group’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same period last year, the business earned $0.14 earnings per share. Equities research analysts anticipate that Jefferies Financial Group Inc will post 0.74 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Monday, August 17th will be given a $0.15 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $0.60 annualized dividend and a yield of 3.70%. Jefferies Financial Group’s dividend payout ratio (DPR) is currently 45.45%.

Jefferies Financial Group Profile

Jefferies Financial Group Inc, a financial services company, engages in investment banking and capital markets, asset management, and direct investing businesses in the Americas, Europe, and Asia. the company also offers equities research, sales, and trading services; equity finance services comprising financing, securities lending, and other prime brokerage services; and wealth management services to high net worth individuals, their families and businesses, private equity and venture funds, and small institutions.

Further Reading: Stock Symbols and CUSIP Explained

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

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