XTX Topco Ltd Raises Stock Holdings in Jefferies Financial Group Inc. (NYSE:JEF)

XTX Topco Ltd grew its position in shares of Jefferies Financial Group Inc. (NYSE:JEF) by 106.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 26,429 shares of the financial services provider’s stock after buying an additional 13,618 shares during the quarter. XTX Topco Ltd’s holdings in Jefferies Financial Group were worth $2,072,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in JEF. Hemington Wealth Management lifted its holdings in shares of Jefferies Financial Group by 71.8% in the 4th 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 during the period. V Square Quantitative Management LLC acquired a new position in shares of Jefferies Financial Group during the 4th quarter worth approximately $27,000. Stephens Consulting LLC purchased a new stake in Jefferies Financial Group in the 4th quarter valued at approximately $29,000. Wilmington Savings Fund Society FSB acquired a new stake in Jefferies Financial Group during the 3rd quarter valued at $32,000. Finally, GAMMA Investing LLC increased 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 buying an additional 315 shares in the last quarter. Institutional investors and hedge funds own 60.88% of the company’s stock.

Analyst Upgrades and Downgrades

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

Jefferies Financial Group Stock Up 0.5 %

Shares of Jefferies Financial Group stock opened at $42.74 on Monday. Jefferies Financial Group Inc. has a 1-year low of $39.28 and a 1-year high of $82.68. The company has a market capitalization of $8.81 billion, a PE ratio of 14.34 and a beta of 1.29. 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 business has a 50-day moving average of $59.41 and a 200-day moving average of $68.29.

Jefferies Financial Group (NYSE:JEF) last posted its quarterly earnings data on Wednesday, March 26th. The financial services provider reported $0.60 earnings per share (EPS) 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 business had revenue of $1.59 billion for the quarter, compared to analysts’ expectations of $1.93 billion. During the same quarter in the prior year, the firm earned $0.87 earnings per share. Jefferies Financial Group’s revenue for the quarter was down 8.4% compared to the same quarter last year. As a group, equities analysts forecast that Jefferies Financial Group Inc. will post 4.41 EPS for the current fiscal year.

Jefferies Financial Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 29th. Stockholders of record on Monday, May 19th will be paid a $0.40 dividend. The ex-dividend date is Monday, May 19th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.74%. 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.