Compass Wealth Management LLC Has $212,000 Position in Jefferies Financial Group Inc. (NYSE:JEF)

Compass Wealth Management LLC decreased its stake in Jefferies Financial Group Inc. (NYSE:JEF) by 10.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,700 shares of the financial services provider’s stock after selling 300 shares during the period. Compass Wealth Management LLC’s holdings in Jefferies Financial Group were worth $212,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Massachusetts Mutual Life Insurance Co. bought a new stake in Jefferies Financial Group in the third quarter valued at approximately $286,476,000. FMR LLC boosted its stake in shares of Jefferies Financial Group by 782.5% in the 3rd quarter. FMR LLC now owns 3,286,958 shares of the financial services provider’s stock valued at $202,312,000 after purchasing an additional 2,914,504 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Jefferies Financial Group by 7.2% during the third quarter. JPMorgan Chase & Co. now owns 2,504,513 shares of the financial services provider’s stock worth $154,153,000 after buying an additional 167,270 shares during the period. Barclays PLC raised its stake in Jefferies Financial Group by 20.6% during the third quarter. Barclays PLC now owns 2,014,387 shares of the financial services provider’s stock worth $123,987,000 after buying an additional 344,409 shares during the last quarter. Finally, Artemis Investment Management LLP lifted its holdings in Jefferies Financial Group by 9.3% in the fourth quarter. Artemis Investment Management LLP now owns 1,394,805 shares of the financial services provider’s stock valued at $109,353,000 after buying an additional 118,886 shares during the period. 60.88% of the stock is currently owned by institutional investors.

Insider Activity at Jefferies Financial Group

In other Jefferies Financial Group news, Director Robert D. Beyer sold 46,200 shares of Jefferies Financial Group stock in a transaction dated Thursday, October 31st. The stock was sold at an average price of $64.07, for a total transaction of $2,960,034.00. Following the completion of the transaction, the director now owns 100,375 shares in the company, valued at approximately $6,431,026.25. The trade was a 31.52 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Brian P. Friedman sold 247,326 shares of the firm’s stock in a transaction that occurred on Wednesday, October 30th. The shares were sold at an average price of $65.20, for a total value of $16,125,655.20. Following the completion of the transaction, the president now owns 1,632,277 shares in the company, valued at $106,424,460.40. This represents a 13.16 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,086,923 shares of company stock valued at $76,381,151. 20.40% of the stock is owned by company insiders.

Jefferies Financial Group Trading Up 0.4 %

NYSE:JEF opened at $76.15 on Friday. The firm has a fifty day simple moving average of $77.67 and a two-hundred day simple moving average of $66.52. Jefferies Financial Group Inc. has a 12 month low of $39.58 and a 12 month high of $82.68. The stock has a market capitalization of $15.65 billion, a price-to-earnings ratio of 25.55 and a beta of 1.35. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.53.

Jefferies Financial Group (NYSE:JEF) last issued its 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 the consensus estimate of $1.83 billion. Jefferies Financial Group had a net margin of 10.57% and a return on equity of 7.97%. The business’s quarterly revenue was up 63.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.30 earnings per share. Analysts expect that Jefferies Financial Group Inc. will post 4.55 EPS for the current fiscal year.

Jefferies Financial Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 27th. Investors of record on Friday, February 14th will be issued a $0.40 dividend. This is a boost from Jefferies Financial Group’s previous quarterly dividend of $0.35. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.10%. The ex-dividend date of this dividend is Friday, February 14th. Jefferies Financial Group’s dividend payout ratio (DPR) is currently 46.98%.

Analyst Ratings Changes

A number of analysts have weighed in on JEF shares. Morgan Stanley upgraded Jefferies Financial Group from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $67.00 to $97.00 in a report on Monday, December 9th. Oppenheimer decreased their target price on Jefferies Financial Group from $82.00 to $81.00 and set an “outperform” rating for the company in a research note on Friday, January 3rd.

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.