Rampart Investment Management Company LLC bought a new position in shares of Jefferies Financial Group Inc (NYSE:JEF) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 9,855 shares of the financial services provider’s stock, valued at approximately $224,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Aperio Group LLC acquired a new position in Jefferies Financial Group during the second quarter worth $2,817,000. Wells Fargo & Company MN acquired a new position in shares of Jefferies Financial Group in the second quarter valued at $12,917,000. First Manhattan Co. acquired a new position in shares of Jefferies Financial Group in the second quarter valued at $48,511,000. IMA Wealth Inc. acquired a new position in shares of Jefferies Financial Group in the second quarter valued at $1,196,000. Finally, State of Wisconsin Investment Board acquired a new position in shares of Jefferies Financial Group in the second quarter valued at $7,072,000. Institutional investors and hedge funds own 74.18% of the company’s stock.

JEF has been the topic of several research reports. Zacks Investment Research downgraded shares of Jefferies Financial Group from a “buy” rating to a “hold” rating in a report on Friday, September 7th. ValuEngine downgraded shares of Jefferies Financial Group from a “hold” rating to a “sell” rating in a report on Monday, July 2nd. Finally, Keefe, Bruyette & Woods initiated coverage on shares of Jefferies Financial Group in a report on Monday, August 20th. They issued an “outperform” rating and a $29.00 price objective on the stock.

NYSE:JEF opened at $22.90 on Thursday. Jefferies Financial Group Inc has a one year low of $21.61 and a one year high of $28.30. The firm has a market capitalization of $7.64 billion, a price-to-earnings ratio of 13.88 and a beta of 1.16. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.59 and a current ratio of 0.59.

Jefferies Financial Group (NYSE:JEF) last released its quarterly earnings data on Thursday, July 26th. The financial services provider reported $2.03 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.88 by $0.15. Jefferies Financial Group had a net margin of 7.60% and a return on equity of 4.52%. The firm had revenue of $911.15 million for the quarter, compared to the consensus estimate of $789.70 million. During the same period in the previous year, the company earned $0.16 earnings per share. The company’s quarterly revenue was up 6.3% on a year-over-year basis. analysts predict that Jefferies Financial Group Inc will post 1.46 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Shareholders of record on Monday, September 17th will be issued a $0.125 dividend. This is an increase from Jefferies Financial Group’s previous quarterly dividend of $0.10. This represents a $0.50 annualized dividend and a dividend yield of 2.18%. The ex-dividend date is Friday, September 14th. Jefferies Financial Group’s payout ratio is currently 24.24%.

Jefferies Financial Group Company Profile

Jefferies Financial Group Inc, a financial services company, offers a range of products and services in investment banking, equities, fixed income, and wealth management in the Americas, Europe, and Asia. It engages in the debt capital market, equity capital market, merger and acquisition, private capital advisory, and restructuring and recapitalization businesses.

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Institutional Ownership by Quarter for Jefferies Financial Group (NYSE:JEF)

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