Oregon Public Employees Retirement Fund Has $2.59 Million Stock Holdings in Jefferies Financial Group Inc. (NYSE:JEF)

Oregon Public Employees Retirement Fund increased its position in Jefferies Financial Group Inc. (NYSE:JEF) by 0.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 33,087 shares of the financial services provider’s stock after acquiring an additional 234 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Jefferies Financial Group were worth $2,594,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Hemington Wealth Management raised its holdings in Jefferies Financial Group by 71.8% in the 4th quarter. Hemington Wealth Management now owns 335 shares of the financial services provider’s stock worth $26,000 after acquiring 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 about $27,000. Stephens Consulting LLC acquired a new position in shares of Jefferies Financial Group during the 4th quarter worth about $29,000. GAMMA Investing LLC lifted its position in shares of Jefferies Financial Group by 158.3% during the 4th quarter. GAMMA Investing LLC now owns 514 shares of the financial services provider’s stock worth $40,000 after purchasing an additional 315 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Jefferies Financial Group during the 3rd quarter worth about $32,000. Institutional investors own 60.88% of the company’s stock.

Jefferies Financial Group Stock Performance

Shares of NYSE JEF opened at $64.89 on Friday. The business has a fifty day simple moving average of $74.56 and a 200 day simple moving average of $69.29. 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 has a market capitalization of $13.38 billion, a price-to-earnings ratio of 21.78 and a beta of 1.34. Jefferies Financial Group Inc. has a one year low of $40.72 and a one year high of $82.68.

Jefferies Financial Group (NYSE:JEF) last issued its earnings results on Wednesday, January 8th. The financial services provider reported $0.91 EPS for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.06). The firm had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.83 billion. Jefferies Financial Group had a net margin of 10.57% and a return on equity of 7.92%. The business’s revenue for the quarter was up 63.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.30 earnings per share. Sell-side analysts expect that Jefferies Financial Group Inc. will post 4.41 EPS for the current year.

Jefferies Financial Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Friday, February 14th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 2.47%. This is an increase from Jefferies Financial Group’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Friday, February 14th. Jefferies Financial Group’s payout ratio is presently 53.69%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on JEF shares. Morgan Stanley raised Jefferies Financial Group from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $67.00 to $97.00 in a research report on Monday, December 9th. Oppenheimer decreased their price target on shares of Jefferies Financial Group from $82.00 to $81.00 and set an “outperform” rating on the stock in a research report on Friday, January 3rd.

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.