WINTON GROUP Ltd Acquires New Shares in Jefferies Financial Group Inc. (NYSE:JEF)

WINTON GROUP Ltd bought a new position in Jefferies Financial Group Inc. (NYSE:JEF) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 9,511 shares of the financial services provider’s stock, valued at approximately $746,000.

Several other hedge funds and other institutional investors also recently modified their holdings of JEF. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Jefferies Financial Group in the 3rd quarter valued at about $313,000. Bank of Montreal Can raised its holdings in shares of Jefferies Financial Group by 507.3% during the third quarter. Bank of Montreal Can now owns 132,788 shares of the financial services provider’s stock valued at $8,111,000 after buying an additional 110,922 shares during the last quarter. FMR LLC boosted its position in shares of Jefferies Financial Group by 782.5% during the third quarter. FMR LLC now owns 3,286,958 shares of the financial services provider’s stock worth $202,312,000 after buying an additional 2,914,504 shares during the period. BNP Paribas Financial Markets grew its holdings in Jefferies Financial Group by 28.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 17,731 shares of the financial services provider’s stock worth $1,091,000 after buying an additional 3,877 shares in the last quarter. Finally, Bridgewater Associates LP increased its position in Jefferies Financial Group by 10.3% in the 3rd quarter. Bridgewater Associates LP now owns 29,488 shares of the financial services provider’s stock valued at $1,815,000 after acquiring an additional 2,762 shares during the period. Institutional investors and hedge funds own 60.88% of the company’s stock.

Wall Street Analyst Weigh In

JEF has been the subject of a number of analyst reports. The Goldman Sachs Group set a $75.00 price target on Jefferies Financial Group in a research report on Wednesday, March 5th. Oppenheimer lowered shares of Jefferies Financial Group from an “outperform” rating to a “market perform” rating in a research report on Wednesday, March 19th. Finally, Morgan Stanley lowered their target price on shares of Jefferies Financial Group from $81.00 to $75.00 and set an “overweight” rating on the stock in a research note on Thursday.

Jefferies Financial Group Stock Down 4.0 %

JEF opened at $52.17 on Friday. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.07 and a current ratio of 1.07. The company has a market capitalization of $10.76 billion, a PE ratio of 17.51 and a beta of 1.37. The stock’s fifty day moving average is $66.53 and its 200-day moving average is $69.47. 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 quarterly earnings results on Wednesday, March 26th. The financial services provider reported $0.60 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 during the quarter, compared to the consensus estimate of $1.93 billion. During the same quarter last year, the firm posted $0.87 earnings per share. Jefferies Financial Group’s revenue was down 8.4% compared to the same quarter last year. On average, equities analysts predict that Jefferies Financial Group Inc. will post 4.41 EPS for the current fiscal year.

Jefferies Financial Group Announces Dividend

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

About Jefferies Financial Group

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.