WINTON GROUP Ltd Buys Shares of 9,511 Jefferies Financial Group Inc. (NYSE:JEF)

WINTON GROUP Ltd purchased a new position in Jefferies Financial Group Inc. (NYSE:JEF) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 9,511 shares of the financial services provider’s stock, valued at approximately $746,000.

Several other institutional investors have also made changes to their positions in the stock. Assetmark Inc. lifted its position in Jefferies Financial Group by 925.4% in the 4th quarter. Assetmark Inc. now owns 2,584 shares of the financial services provider’s stock worth $203,000 after buying an additional 2,332 shares in the last quarter. Massachusetts Mutual Life Insurance Co. purchased a new stake in shares of Jefferies Financial Group during the third quarter worth $286,476,000. Friedenthal Financial purchased a new position in Jefferies Financial Group in the fourth quarter valued at about $772,000. JPMorgan Chase & Co. raised its stake in shares of Jefferies Financial Group by 7.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,504,513 shares of the financial services provider’s stock worth $154,153,000 after purchasing an additional 167,270 shares in the last quarter. Finally, Plato Investment Management Ltd purchased a new stake in shares of Jefferies Financial Group during the 4th quarter worth about $788,000. 60.88% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Oppenheimer lowered shares of Jefferies Financial Group from an “outperform” rating to a “market perform” rating in a research report on Wednesday, March 19th. The Goldman Sachs Group set a $75.00 price objective on shares of Jefferies Financial Group in a report on Wednesday, March 5th. Finally, Morgan Stanley cut their target price on Jefferies Financial Group from $81.00 to $75.00 and set an “overweight” rating on the stock in a report on Thursday.

Jefferies Financial Group Stock Performance

NYSE:JEF opened at $52.17 on Friday. The firm has a market capitalization of $10.76 billion, a PE ratio of 17.51 and a beta of 1.37. Jefferies Financial Group Inc. has a 1 year low of $40.72 and a 1 year high of $82.68. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.57. The firm’s fifty day simple moving average is $66.53 and its 200 day simple moving average is $69.47.

Jefferies Financial Group (NYSE:JEF) last issued its quarterly earnings results 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 net margin of 10.57% and a return on equity of 7.92%. The business had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.93 billion. During the same period in the prior year, the business posted $0.87 earnings per share. The company’s revenue for the quarter was down 8.4% compared to the same quarter last year. On average, sell-side analysts anticipate that Jefferies Financial Group Inc. will post 4.41 EPS for the current year.

Jefferies Financial Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 29th. Stockholders of record on Monday, May 19th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, May 19th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.07%. Jefferies Financial Group’s dividend payout ratio (DPR) is presently 53.69%.

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.