10,000 Shares in Jefferies Financial Group Inc. (NYSE:JEF) Bought by Prescott Group Capital Management L.L.C.

Prescott Group Capital Management L.L.C. purchased a new position in Jefferies Financial Group Inc. (NYSE:JEF – Get Rating) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 10,000 shares of the financial services provider’s stock, valued at approximately $343,000.

Other institutional investors also recently bought and sold shares of the company. Belpointe Asset Management LLC bought a new stake in shares of Jefferies Financial Group during the fourth quarter worth $25,000. Evermay Wealth Management LLC bought a new stake in shares of Jefferies Financial Group during the fourth quarter worth $34,000. Ellevest Inc. lifted its position in shares of Jefferies Financial Group by 34.3% during the fourth quarter. Ellevest Inc. now owns 1,323 shares of the financial services provider’s stock worth $45,000 after purchasing an additional 338 shares during the last quarter. Guardian Wealth Advisors LLC bought a new stake in shares of Jefferies Financial Group during the third quarter worth $54,000. Finally, Quadrant Capital Group LLC lifted its position in shares of Jefferies Financial Group by 87.7% during the third quarter. Quadrant Capital Group LLC now owns 1,926 shares of the financial services provider’s stock worth $57,000 after purchasing an additional 900 shares during the last quarter. 66.04% of the stock is currently owned by institutional investors.

Jefferies Financial Group Stock Up 0.8 %

Shares of Jefferies Financial Group stock traded up $0.23 during trading on Friday, hitting $30.41. 263,744 shares of the stock traded hands, compared to its average volume of 1,445,492. The firm has a market cap of $7.10 billion, a P/E ratio of 12.90 and a beta of 1.38. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.04. Jefferies Financial Group Inc. has a 52-week low of $25.88 and a 52-week high of $40.80. The stock’s fifty day simple moving average is $30.74 and its 200 day simple moving average is $34.84.

Jefferies Financial Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 26th. Shareholders of record on Monday, May 15th will be paid a $0.30 dividend. The ex-dividend date is Friday, May 12th. This represents a $1.20 annualized dividend and a yield of 3.95%. Jefferies Financial Group’s dividend payout ratio (DPR) is presently 51.28%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on JEF shares. Oppenheimer decreased their target price on Jefferies Financial Group from $42.00 to $40.00 and set an “outperform” rating for the company in a research report on Thursday, April 6th. Morgan Stanley lowered Jefferies Financial Group from an “equal weight” rating to an “underweight” rating and cut their price target for the company from $28.00 to $27.00 in a research note on Wednesday, April 12th. Finally, StockNews.com assumed coverage on Jefferies Financial Group in a research note on Thursday, May 18th. They set a “hold” rating on the stock. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $36.00.

Jefferies Financial Group Company Profile

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Jefferies Financial Group, Inc is a holding company, which engages in the provision of financial services. It operates through Investment Banking and Capital Markets, and Asset Management. The Investment Banking and Capital Markets segment provides investment banking, capital markets, and other related services.