Jefferies Financial Group Inc. (NYSE:JEF) Shares Acquired by Intech Investment Management LLC

Intech Investment Management LLC lifted its stake in shares of Jefferies Financial Group Inc. (NYSE:JEF - Free Report) by 612.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 195,670 shares of the financial services provider's stock after buying an additional 168,203 shares during the quarter. Intech Investment Management LLC owned 0.09% of Jefferies Financial Group worth $15,341,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of JEF. Hemington Wealth Management raised its holdings in shares of Jefferies Financial Group by 71.8% during 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 period. V Square Quantitative Management LLC purchased a new stake in shares of Jefferies Financial Group during the 4th quarter valued at about $27,000. Stephens Consulting LLC purchased a new stake in shares of Jefferies Financial Group during the 4th quarter valued at about $29,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Jefferies Financial Group during the 3rd quarter valued at about $32,000. Finally, GAMMA Investing LLC increased its holdings in 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. 60.88% of the stock is currently owned by hedge funds and other institutional investors.

Jefferies Financial Group Stock Performance

NYSE:JEF traded up $0.28 during midday trading on Friday, reaching $59.46. 1,907,305 shares of the company traded hands, compared to its average volume of 1,422,303. Jefferies Financial Group Inc. has a twelve month low of $40.72 and a twelve month high of $82.68. The firm has a market capitalization of $12.26 billion, a price-to-earnings ratio of 19.95 and a beta of 1.37. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.07 and a quick ratio of 1.07. The company has a fifty day moving average price of $68.05 and a 200 day moving average price of $69.34.

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Jefferies Financial Group (NYSE:JEF - Get Free Report) last released its quarterly earnings data on Wednesday, January 8th. The financial services provider reported $0.91 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.97 by ($0.06). Jefferies Financial Group had a net margin of 10.57% and a return on equity of 7.92%. The company had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.83 billion. During the same quarter in the prior year, the firm earned $0.30 EPS. The company's revenue for the quarter was up 63.4% compared to the same quarter last year. On average, analysts expect that Jefferies Financial Group Inc. will post 4.41 EPS for the current fiscal year.

Jefferies Financial Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Friday, February 14th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 2.69%. The ex-dividend date was Friday, February 14th. This is a positive change from Jefferies Financial Group's previous quarterly dividend of $0.35. Jefferies Financial Group's payout ratio is 53.69%.

Wall Street Analyst Weigh In

JEF has been the topic of several analyst reports. Morgan Stanley dropped their price objective on Jefferies Financial Group from $92.00 to $81.00 and set an "overweight" rating on the stock in a report on Thursday, March 13th. The Goldman Sachs Group set a $75.00 price objective on Jefferies Financial Group in a report on Wednesday, March 5th. Finally, Oppenheimer downgraded Jefferies Financial Group from an "outperform" rating to a "market perform" rating in a report on Wednesday.

Jefferies Financial Group 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.