Epacria Capital Partners LLC Has $3.34 Million Stock Holdings in Jefferies Financial Group Inc. (NYSE:JEF)

Epacria Capital Partners LLC trimmed its position in Jefferies Financial Group Inc. (NYSE:JEF) by 49.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,181 shares of the financial services provider’s stock after selling 53,300 shares during the period. Jefferies Financial Group makes up approximately 2.3% of Epacria Capital Partners LLC’s portfolio, making the stock its 15th biggest position. Epacria Capital Partners LLC’s holdings in Jefferies Financial Group were worth $3,335,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in JEF. Allspring Global Investments Holdings LLC lifted its stake in shares of Jefferies Financial Group by 15.3% in the second quarter. Allspring Global Investments Holdings LLC now owns 7,049,815 shares of the financial services provider’s stock valued at $350,799,000 after buying an additional 936,424 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Jefferies Financial Group by 1.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 4,232,280 shares of the financial services provider’s stock worth $210,591,000 after acquiring an additional 76,327 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its position in Jefferies Financial Group by 12.9% in the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 3,396,255 shares of the financial services provider’s stock valued at $168,998,000 after acquiring an additional 389,385 shares in the last quarter. FMR LLC boosted its stake in Jefferies Financial Group by 782.5% during 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. Finally, Bank of New York Mellon Corp increased its holdings in Jefferies Financial Group by 1.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 2,168,909 shares of the financial services provider’s stock worth $107,925,000 after purchasing an additional 34,295 shares in the last quarter. 60.88% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Jefferies Financial Group

In other Jefferies Financial Group news, CEO Richard B. Handler sold 400,000 shares of the business’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $72.26, for a total value of $28,904,000.00. Following the sale, the chief executive officer now directly owns 14,971,288 shares in the company, valued at $1,081,825,270.88. The trade was a 2.60 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, President Brian P. Friedman sold 393,397 shares of the stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $72.17, for a total value of $28,391,461.49. Following the transaction, the president now owns 560,507 shares of the company’s stock, valued at $40,451,790.19. The trade was a 41.24 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,286,923 shares of company stock worth $88,999,151. 20.40% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on JEF. Oppenheimer raised their target price on Jefferies Financial Group from $73.00 to $83.00 and gave the company an “outperform” rating in a report on Thursday, November 14th. Morgan Stanley raised their price objective on Jefferies Financial Group from $59.00 to $64.00 and gave the company an “equal weight” rating in a research note on Monday, September 23rd. Finally, UBS Group started coverage on shares of Jefferies Financial Group in a report on Tuesday, September 17th. They set a “buy” rating and a $67.00 price objective on the stock.

Jefferies Financial Group Price Performance

Shares of NYSE JEF opened at $78.93 on Friday. The company has a market capitalization of $16.22 billion, a PE ratio of 33.73 and a beta of 1.31. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 1.53. The stock’s 50 day moving average price is $67.39 and its 200-day moving average price is $57.53. Jefferies Financial Group Inc. has a twelve month low of $34.34 and a twelve month high of $80.53.

Jefferies Financial Group (NYSE:JEF) last posted its quarterly earnings data on Wednesday, September 25th. The financial services provider reported $0.75 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.03). The business had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.71 billion. Jefferies Financial Group had a return on equity of 6.40% and a net margin of 9.27%. The firm’s revenue for the quarter was up 42.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.32 EPS. On average, equities analysts anticipate that Jefferies Financial Group Inc. will post 3.13 EPS for the current year.

Jefferies Financial Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Monday, November 18th were issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date of this dividend was Monday, November 18th. Jefferies Financial Group’s dividend payout ratio (DPR) is currently 59.83%.

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.