Twin Tree Management LP Invests $3.12 Million in Jefferies Financial Group Inc. (NYSE:JEF)

Twin Tree Management LP purchased a new stake in shares of Jefferies Financial Group Inc. (NYSE:JEF - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 39,776 shares of the financial services provider's stock, valued at approximately $3,118,000.

Several other large investors have also recently bought and sold shares of the business. Hemington Wealth Management grew 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 acquiring an additional 140 shares in the last quarter. V Square Quantitative Management LLC purchased a new position in Jefferies Financial Group in the fourth quarter valued at about $27,000. Stephens Consulting LLC acquired a new position in Jefferies Financial Group in the 4th quarter worth about $29,000. GAMMA Investing LLC raised its stake 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 in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Jefferies Financial Group during the 3rd quarter valued at about $32,000. 60.88% of the stock is owned by institutional investors and hedge funds.

Jefferies Financial Group Stock Performance

Shares of NYSE:JEF traded up $0.28 during trading on Friday, reaching $59.46. The stock had a trading volume of 1,907,305 shares, compared to its average volume of 1,422,303. Jefferies Financial Group Inc. has a 52 week low of $40.72 and a 52 week high of $82.68. 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 stock has a fifty day simple moving average of $68.05 and a two-hundred day simple moving average of $69.34. The firm has a market capitalization of $12.26 billion, a price-to-earnings ratio of 19.95 and a beta of 1.37.

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Jefferies Financial Group (NYSE:JEF - Get Free Report) last released its quarterly earnings results on Wednesday, January 8th. The financial services provider reported $0.91 EPS for the quarter, missing analysts' consensus estimates of $0.97 by ($0.06). The firm had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.83 billion. Jefferies Financial Group had a net margin of 10.57% and a return on equity of 7.92%. Jefferies Financial Group's quarterly revenue was up 63.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.30 earnings per share. As a group, analysts anticipate that Jefferies Financial Group Inc. will post 4.41 earnings per share 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. Investors of record on Friday, February 14th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 2.69%. This is a boost from Jefferies Financial Group's previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Friday, February 14th. Jefferies Financial Group's dividend payout ratio (DPR) is currently 53.69%.

Analyst Ratings Changes

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

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.