AMG National Trust Bank Sells 7,390 Shares of Jefferies Financial Group Inc. (NYSE:JEF)

AMG National Trust Bank lowered its holdings in shares of Jefferies Financial Group Inc. (NYSE:JEF - Free Report) by 26.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,724 shares of the financial services provider's stock after selling 7,390 shares during the quarter. AMG National Trust Bank's holdings in Jefferies Financial Group were worth $1,635,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of JEF. Hemington Wealth Management grew its stake in Jefferies Financial Group by 71.8% in the 4th quarter. Hemington Wealth Management now owns 335 shares of the financial services provider's stock valued at $26,000 after buying an additional 140 shares during the last quarter. V Square Quantitative Management LLC bought a new stake in Jefferies Financial Group during the fourth quarter valued at about $27,000. Stephens Consulting LLC acquired a new stake in shares of Jefferies Financial Group in the fourth quarter valued at about $29,000. Wilmington Savings Fund Society FSB bought a new position in shares of Jefferies Financial Group in the third quarter worth about $32,000. Finally, GAMMA Investing LLC lifted 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 last quarter. Institutional investors and hedge funds own 60.88% of the company's stock.

Jefferies Financial Group Stock Down 2.6 %

NYSE JEF opened at $56.24 on Friday. Jefferies Financial Group Inc. has a 1-year low of $40.72 and a 1-year high of $82.68. The company has a market capitalization of $11.59 billion, a price-to-earnings ratio of 18.87 and a beta of 1.37. The stock's 50 day moving average is $72.92 and its two-hundred day moving average is $69.47. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.57.

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Jefferies Financial Group (NYSE:JEF - Get Free Report) last announced its quarterly earnings results on Wednesday, January 8th. The financial services provider reported $0.91 earnings per share for the quarter, missing analysts' consensus estimates of $0.97 by ($0.06). The company had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.83 billion. Jefferies Financial Group had a net margin of 10.57% and a return on equity of 7.92%. The business's 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. Equities analysts forecast that Jefferies Financial Group Inc. will post 4.41 earnings per share for the current fiscal year.

Jefferies Financial Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Friday, February 14th were issued a dividend of $0.40 per share. This is an increase from Jefferies Financial Group's previous quarterly dividend of $0.35. This represents a $1.60 annualized dividend and a yield of 2.85%. The ex-dividend date of this dividend was Friday, February 14th. Jefferies Financial Group's dividend payout ratio (DPR) is currently 53.69%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Morgan Stanley upgraded shares of Jefferies Financial Group from an "equal weight" rating to an "overweight" rating and raised their price objective for the stock from $67.00 to $97.00 in a research note on Monday, December 9th. Oppenheimer decreased 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 research report on Friday, January 3rd.

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.

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