Intrepid Capital Management Inc. lifted its position in shares of Jefferies Financial Group Inc (NYSE:JEF) by 42.3% in the 2nd quarter, Holdings Channel.com reports. The firm owned 412,965 shares of the financial services provider’s stock after purchasing an additional 122,795 shares during the period. Jefferies Financial Group comprises about 3.6% of Intrepid Capital Management Inc.’s holdings, making the stock its 8th largest position. Intrepid Capital Management Inc.’s holdings in Jefferies Financial Group were worth $7,941,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. HighTower Advisors LLC lifted its position in Jefferies Financial Group by 7.4% in the second quarter. HighTower Advisors LLC now owns 36,886 shares of the financial services provider’s stock valued at $709,000 after acquiring an additional 2,548 shares during the last quarter. Captrust Financial Advisors lifted its position in Jefferies Financial Group by 185.5% in the second quarter. Captrust Financial Advisors now owns 2,284 shares of the financial services provider’s stock valued at $44,000 after acquiring an additional 1,484 shares during the last quarter. Parametric Portfolio Associates LLC lifted its position in Jefferies Financial Group by 18.5% in the second quarter. Parametric Portfolio Associates LLC now owns 996,837 shares of the financial services provider’s stock valued at $19,169,000 after acquiring an additional 155,829 shares during the last quarter. Seeyond lifted its position in Jefferies Financial Group by 52.1% in the second quarter. Seeyond now owns 17,451 shares of the financial services provider’s stock valued at $336,000 after acquiring an additional 5,975 shares during the last quarter. Finally, Cibc World Markets Corp lifted its position in Jefferies Financial Group by 26.4% in the second quarter. Cibc World Markets Corp now owns 44,032 shares of the financial services provider’s stock valued at $847,000 after acquiring an additional 9,206 shares during the last quarter. 71.00% of the stock is owned by institutional investors and hedge funds.
NYSE JEF opened at $20.65 on Friday. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.37 and a current ratio of 1.37. The firm has a market cap of $5.94 billion, a PE ratio of 25.50 and a beta of 1.45. Jefferies Financial Group Inc has a one year low of $16.20 and a one year high of $23.77. The firm’s fifty day moving average is $19.41 and its two-hundred day moving average is $19.49.
Jefferies Financial Group (NYSE:JEF) last posted its quarterly earnings data on Wednesday, July 3rd. The financial services provider reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.17. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.01 billion. The business’s revenue was up 20.9% compared to the same quarter last year. Research analysts predict that Jefferies Financial Group Inc will post 1.34 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Monday, August 19th were paid a $0.125 dividend. The ex-dividend date was Friday, August 16th. This represents a $0.50 dividend on an annualized basis and a yield of 2.42%. Jefferies Financial Group’s dividend payout ratio is presently 61.73%.
Separately, Keefe, Bruyette & Woods initiated coverage on shares of Jefferies Financial Group in a research report on Thursday, July 11th. They issued a “market perform” rating and a $23.00 price target for the company.
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.
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