Laurion Capital Management LP acquired a new position in shares of Leucadia National Corporation (NYSE:LUK) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 117,400 shares of the conglomerate’s stock, valued at approximately $3,071,000.

A number of other institutional investors and hedge funds also recently modified their holdings of LUK. Ameritas Investment Partners Inc. bought a new stake in Leucadia National Corporation during the 1st quarter worth approximately $202,000. Savant Capital LLC bought a new stake in Leucadia National Corporation during the 2nd quarter worth approximately $202,000. Cleararc Capital Inc. bought a new stake in Leucadia National Corporation during the 1st quarter worth approximately $205,000. Eagle Global Advisors LLC bought a new stake in Leucadia National Corporation during the 2nd quarter worth approximately $219,000. Finally, Two Sigma Securities LLC bought a new stake in Leucadia National Corporation during the 1st quarter worth approximately $227,000. 74.66% of the stock is owned by hedge funds and other institutional investors.

A number of analysts have commented on the company. BidaskClub lowered Leucadia National Corporation from a “sell” rating to a “strong sell” rating in a report on Friday, August 11th. Zacks Investment Research raised Leucadia National Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, August 22nd.

Leucadia National Corporation (LUK) opened at 23.435 on Tuesday. Leucadia National Corporation has a 52 week low of $17.87 and a 52 week high of $27.34. The stock has a 50 day moving average price of $24.24 and a 200-day moving average price of $25.44. The stock has a market cap of $8.40 billion, a P/E ratio of 13.892 and a beta of 1.27.

Leucadia National Corporation (NYSE:LUK) last announced its earnings results on Thursday, July 27th. The conglomerate reported $0.16 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.30 by ($0.14). Leucadia National Corporation had a net margin of 5.94% and a return on equity of 6.27%. The business had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.65 billion. During the same period in the prior year, the business posted $0.15 EPS. Leucadia National Corporation’s revenue for the quarter was up 4.1% on a year-over-year basis. On average, equities analysts anticipate that Leucadia National Corporation will post $1.29 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Monday, September 18th will be paid a dividend of $0.10 per share. This is an increase from Leucadia National Corporation’s previous quarterly dividend of $0.06. The ex-dividend date is Friday, September 15th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.71%. Leucadia National Corporation’s dividend payout ratio (DPR) is currently 23.67%.

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Leucadia National Corporation Profile

Leucadia National Corporation (Leucadia) is a diversified holding company focused on return on investment and long-term value. The Company’s segments, based on requirements are Jefferies, National Beef, and Corporate and other. Jefferies is a global full-service, integrated securities and investment banking firm.

Institutional Ownership by Quarter for Leucadia National Corporation (NYSE:LUK)

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