Jefferies Financial Group Inc. $JEF Shares Acquired by Entropy Technologies LP

Entropy Technologies LP raised its holdings in Jefferies Financial Group Inc. (NYSE:JEF) by 136.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,118 shares of the financial services provider’s stock after acquiring an additional 15,634 shares during the quarter. Entropy Technologies LP’s holdings in Jefferies Financial Group were worth $1,681,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Kestra Advisory Services LLC acquired a new stake in Jefferies Financial Group in the 4th quarter valued at about $633,000. Parkside Financial Bank & Trust lifted its holdings in Jefferies Financial Group by 50.0% in the 4th quarter. Parkside Financial Bank & Trust now owns 672 shares of the financial services provider’s stock valued at $42,000 after acquiring an additional 224 shares during the last quarter. Bridgewater Associates LP acquired a new stake in Jefferies Financial Group in the 4th quarter valued at about $1,478,000. UMB Bank n.a. lifted its holdings in Jefferies Financial Group by 6.9% in the 4th quarter. UMB Bank n.a. now owns 9,457 shares of the financial services provider’s stock valued at $586,000 after acquiring an additional 607 shares during the last quarter. Finally, Valueworks LLC acquired a new stake in Jefferies Financial Group in the 4th quarter valued at about $15,571,000. 60.88% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

JEF has been the subject of several analyst reports. Oppenheimer upped their target price on Jefferies Financial Group from $72.00 to $87.00 and gave the company an “outperform” rating in a report on Friday. Weiss Ratings raised Jefferies Financial Group from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday. Loop Capital set a $60.00 target price on Jefferies Financial Group in a report on Monday, June 8th. Zacks Research raised Jefferies Financial Group from a “strong sell” rating to a “hold” rating in a report on Thursday, April 9th. Finally, BMO Capital Markets upped their target price on Jefferies Financial Group from $42.00 to $60.00 and gave the company a “market perform” rating in a report on Monday, June 8th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $62.38.

Jefferies Financial Group Stock Up 0.3%

NYSE:JEF opened at $61.87 on Tuesday. The firm has a market capitalization of $12.65 billion, a price-to-earnings ratio of 20.90 and a beta of 1.54. Jefferies Financial Group Inc. has a 1-year low of $35.53 and a 1-year high of $71.04. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.87. The business’s fifty day moving average price is $50.82 and its 200 day moving average price is $53.16.

Jefferies Financial Group (NYSE:JEF) last posted its quarterly earnings results on Wednesday, March 25th. The financial services provider reported $0.70 earnings per share for the quarter, missing the consensus estimate of $0.89 by ($0.19). The business had revenue of $2.02 billion for the quarter, compared to analyst estimates of $2.02 billion. Jefferies Financial Group had a net margin of 6.61% and a return on equity of 7.83%. The firm’s quarterly revenue was up 26.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.57 earnings per share. On average, sell-side analysts forecast that Jefferies Financial Group Inc. will post 3.86 earnings per share for the current fiscal year.

Jefferies Financial Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Monday, May 18th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Monday, May 18th. Jefferies Financial Group’s payout ratio is presently 54.05%.

Jefferies Financial Group Profile

Jefferies Financial Group Inc is a diversified financial services company that provides a range of investment banking, capital markets and asset management services to corporations, governments and institutional investors worldwide. Through its core platform, Jefferies offers advisory services for mergers and acquisitions, debt and equity underwriting, restructuring and recapitalization. The firm also operates a global sales and trading business covering equities, fixed income and foreign exchange products, complemented by equity research and macroeconomic analysis.

In addition to its capital markets franchise, Jefferies maintains a growing asset management division that delivers customized investment solutions across public and private markets.