Intrepid Capital Management Inc. Sells 38,606 Shares of Jefferies Financial Group Inc. (NYSE:JEF)

Intrepid Capital Management Inc. trimmed its position in shares of Jefferies Financial Group Inc. (NYSE:JEF - Free Report) by 47.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,885 shares of the financial services provider's stock after selling 38,606 shares during the quarter. Jefferies Financial Group accounts for 1.7% of Intrepid Capital Management Inc.'s portfolio, making the stock its 13th largest position. Intrepid Capital Management Inc.'s holdings in Jefferies Financial Group were worth $3,362,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hemington Wealth Management increased its stake in Jefferies Financial Group by 71.8% during the 4th quarter. Hemington Wealth Management now owns 335 shares of the financial services provider's stock worth $26,000 after purchasing an additional 140 shares in the last quarter. V Square Quantitative Management LLC bought a new stake in shares of Jefferies Financial Group during the fourth quarter worth $27,000. Stephens Consulting LLC acquired a new stake in shares of Jefferies Financial Group during the fourth quarter worth $29,000. GAMMA Investing LLC lifted its position in Jefferies Financial Group by 158.3% in the 4th quarter. GAMMA Investing LLC now owns 514 shares of the financial services provider's stock valued at $40,000 after acquiring an additional 315 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in Jefferies Financial Group in the 3rd quarter worth $32,000. Institutional investors and hedge funds own 60.88% of the company's stock.

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Jefferies Financial Group Stock Performance

Shares of NYSE JEF traded down $7.21 during midday trading on Thursday, hitting $47.93. 4,053,117 shares of the company's stock were exchanged, compared to its average volume of 1,510,165. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.57. The firm has a market capitalization of $9.88 billion, a PE ratio of 16.08 and a beta of 1.37. Jefferies Financial Group Inc. has a 12 month low of $40.72 and a 12 month high of $82.68. The company's 50 day moving average price is $64.61 and its 200 day moving average price is $69.25.

Jefferies Financial Group (NYSE:JEF - Get Free Report) last released its quarterly earnings data on Wednesday, March 26th. The financial services provider reported $0.60 EPS for the quarter, missing analysts' consensus estimates of $0.88 by ($0.28). The company had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.93 billion. Jefferies Financial Group had a return on equity of 7.92% and a net margin of 10.57%. The company's revenue for the quarter was down 8.4% compared to the same quarter last year. During the same period last year, the firm earned $0.87 earnings per share. As a group, analysts predict that Jefferies Financial Group Inc. will post 4.41 earnings per share for the current fiscal year.

Jefferies Financial Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Monday, May 19th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Monday, May 19th. This represents a $1.60 annualized dividend and a yield of 3.34%. Jefferies Financial Group's dividend payout ratio is currently 55.36%.

Wall Street Analysts Forecast Growth

JEF has been the subject of a number of recent research reports. Morgan Stanley reduced their price target on Jefferies Financial Group from $81.00 to $75.00 and set an "overweight" rating for the company in a research report on Thursday, March 27th. Oppenheimer cut shares of Jefferies Financial Group from an "outperform" rating to a "market perform" rating in a report on Wednesday, March 19th. StockNews.com lowered shares of Jefferies Financial Group from a "hold" rating to a "sell" rating in a research note on Monday. Finally, The Goldman Sachs Group set a $75.00 price objective on shares of Jefferies Financial Group in a research note on Wednesday, March 5th.

About Jefferies Financial Group

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.