Leucadia National Corp. (NYSE:LUK) has been assigned an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.
Analysts have set a 1 year consensus price target of $34.00 for the company and are forecasting that the company will post $0.47 EPS for the current quarter, according to Zacks. Zacks has also assigned Leucadia National an industry rank of 96 out of 265 based on the ratings given to its competitors.
A number of equities analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Leucadia National from a “buy” rating to a “hold” rating in a research note on Wednesday, January 31st. TheStreet upgraded shares of Leucadia National from a “c+” rating to a “b-” rating in a research note on Friday, November 3rd.
Institutional investors and hedge funds have recently made changes to their positions in the business. Cerebellum GP LLC acquired a new stake in Leucadia National in the fourth quarter valued at approximately $127,000. NEXT Financial Group Inc acquired a new stake in Leucadia National in the third quarter valued at approximately $134,000. Glenmede Trust Co. NA boosted its stake in Leucadia National by 21,382.8% in the fourth quarter. Glenmede Trust Co. NA now owns 6,230 shares of the conglomerate’s stock valued at $164,000 after acquiring an additional 6,201 shares in the last quarter. Macquarie Group Ltd. boosted its stake in Leucadia National by 144.5% in the fourth quarter. Macquarie Group Ltd. now owns 7,200 shares of the conglomerate’s stock valued at $478,000 after acquiring an additional 4,255 shares in the last quarter. Finally, Arthur M. Cohen & Associates LLC acquired a new stake in Leucadia National in the fourth quarter valued at approximately $202,000. Institutional investors own 74.36% of the company’s stock.
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Leucadia National Company 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.
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