TD Waterhouse Canada Inc. Purchases 32,849 Shares of Jefferies Financial Group Inc. (NYSE:JEF)

TD Waterhouse Canada Inc. lifted its holdings in Jefferies Financial Group Inc. (NYSE:JEF - Free Report) by 1,376.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 35,236 shares of the financial services provider's stock after acquiring an additional 32,849 shares during the period. TD Waterhouse Canada Inc.'s holdings in Jefferies Financial Group were worth $2,764,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Hemington Wealth Management raised its position in shares of Jefferies Financial Group by 71.8% in the fourth 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 in the last quarter. V Square Quantitative Management LLC bought a new stake in shares of Jefferies Financial Group during the 4th quarter valued at $27,000. Stephens Consulting LLC acquired a new stake in shares of Jefferies Financial Group during the 4th quarter worth $29,000. Wilmington Savings Fund Society FSB bought a new position in shares of Jefferies Financial Group in the third quarter worth $32,000. Finally, GAMMA Investing LLC lifted its position in Jefferies Financial Group by 158.3% during the fourth 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 period. 60.88% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. The Goldman Sachs Group set a $75.00 target price on shares of Jefferies Financial Group in a report on Wednesday, March 5th. Oppenheimer downgraded Jefferies Financial Group from an "outperform" rating to a "market perform" rating in a report on Wednesday, March 19th. StockNews.com cut Jefferies Financial Group from a "hold" rating to a "sell" rating in a report on Monday, March 31st. Finally, Morgan Stanley lowered Jefferies Financial Group from an "overweight" rating to an "equal weight" rating and reduced their price objective for the company from $75.00 to $41.00 in a research note on Monday, April 7th.

Jefferies Financial Group Price Performance

Shares of NYSE JEF traded up $0.13 during mid-day trading on Monday, hitting $46.93. 1,057,035 shares of the stock traded hands, compared to its average volume of 1,580,244. The company has a market cap of $9.68 billion, a PE ratio of 15.75 and a beta of 1.29. Jefferies Financial Group Inc. has a twelve month low of $39.28 and a twelve month high of $82.68. 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 firm has a 50 day simple moving average of $53.65 and a two-hundred day simple moving average of $66.99.

Jefferies Financial Group (NYSE:JEF - Get Free Report) last released its quarterly earnings results on Wednesday, March 26th. The financial services provider reported $0.60 earnings per share for the quarter, missing the consensus estimate of $0.88 by ($0.28). Jefferies Financial Group had a return on equity of 7.92% and a net margin of 10.57%. The firm had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.93 billion. During the same quarter last year, the firm posted $0.87 earnings per share. The business's revenue for the quarter was down 8.4% on a year-over-year basis. As a group, equities research analysts forecast that Jefferies Financial Group Inc. will post 4.41 EPS 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 given a $0.40 dividend. The ex-dividend date of this dividend is Monday, May 19th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.41%. Jefferies Financial Group's dividend payout ratio (DPR) is presently 55.36%.

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.