Intech Investment Management LLC Has $15.34 Million Position in Jefferies Financial Group Inc. (NYSE:JEF)

Intech Investment Management LLC boosted its holdings in Jefferies Financial Group Inc. (NYSE:JEF) by 612.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 195,670 shares of the financial services provider’s stock after purchasing an additional 168,203 shares during the quarter. Intech Investment Management LLC owned about 0.09% of Jefferies Financial Group worth $15,341,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Hemington Wealth Management boosted its holdings 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 acquiring an additional 140 shares during the last quarter. V Square Quantitative Management LLC bought a new stake in shares of Jefferies Financial Group during the 4th quarter worth $27,000. Stephens Consulting LLC bought a new stake in shares of Jefferies Financial Group during the 4th quarter worth $29,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Jefferies Financial Group during the 3rd quarter worth $32,000. Finally, 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 during the period. 60.88% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently commented on JEF. The Goldman Sachs Group set a $75.00 target price on Jefferies Financial Group in a research note on Wednesday, March 5th. Morgan Stanley lowered their price objective on Jefferies Financial Group from $92.00 to $81.00 and set an “overweight” rating on the stock in a research note on Thursday, March 13th. Finally, Oppenheimer lowered their price objective on Jefferies Financial Group from $82.00 to $81.00 and set an “outperform” rating on the stock in a research note on Friday, January 3rd.

Jefferies Financial Group Stock Performance

Shares of JEF stock opened at $57.60 on Tuesday. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.07 and a current ratio of 1.07. Jefferies Financial Group Inc. has a fifty-two week low of $40.72 and a fifty-two week high of $82.68. The stock has a 50 day moving average price of $69.55 and a two-hundred day moving average price of $69.50. The company has a market capitalization of $11.87 billion, a P/E ratio of 19.33 and a beta of 1.37.

Jefferies Financial Group (NYSE:JEF) last announced its quarterly earnings data on Wednesday, January 8th. The financial services provider reported $0.91 earnings per share for the quarter, missing the consensus estimate of $0.97 by ($0.06). The company 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 7.92%. The business’s revenue for the quarter was up 63.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.30 EPS. Analysts expect that Jefferies Financial Group Inc. will post 4.41 earnings per share for the current year.

Jefferies Financial Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Friday, February 14th were issued a $0.40 dividend. This is an increase from Jefferies Financial Group’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.60 dividend on an annualized basis and a yield of 2.78%. Jefferies Financial Group’s dividend payout ratio is 53.69%.

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.