Squarepoint Ops LLC Raises Stock Position in Jefferies Financial Group Inc (NYSE:JEF)

Squarepoint Ops LLC boosted its holdings in shares of Jefferies Financial Group Inc (NYSE:JEF) by 137.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 264,214 shares of the financial services provider’s stock after purchasing an additional 152,729 shares during the period. Squarepoint Ops LLC owned about 0.09% of Jefferies Financial Group worth $4,862,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Prudential Financial Inc. grew its position in Jefferies Financial Group by 531.3% during the 2nd quarter. Prudential Financial Inc. now owns 2,183,275 shares of the financial services provider’s stock worth $41,985,000 after purchasing an additional 1,837,451 shares during the period. Beck Mack & Oliver LLC boosted its stake in shares of Jefferies Financial Group by 168.8% in the third quarter. Beck Mack & Oliver LLC now owns 2,866,910 shares of the financial services provider’s stock worth $52,751,000 after buying an additional 1,800,388 shares during the last quarter. FMR LLC boosted its stake in shares of Jefferies Financial Group by 1,500.1% in the first quarter. FMR LLC now owns 1,240,071 shares of the financial services provider’s stock worth $23,301,000 after buying an additional 1,162,570 shares during the last quarter. Nuveen Asset Management LLC acquired a new stake in Jefferies Financial Group during the second quarter worth about $20,540,000. Finally, First Trust Advisors LP grew its holdings in Jefferies Financial Group by 570.0% during the third quarter. First Trust Advisors LP now owns 982,736 shares of the financial services provider’s stock worth $18,082,000 after acquiring an additional 836,063 shares during the period. Institutional investors own 72.28% of the company’s stock.

In related news, Chairman Joseph S. Steinberg sold 522,810 shares of the business’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $21.03, for a total value of $10,994,694.30. Following the completion of the transaction, the chairman now directly owns 2,632,979 shares in the company, valued at approximately $55,371,548.37. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 10.00% of the company’s stock.

Shares of JEF stock opened at $20.74 on Wednesday. Jefferies Financial Group Inc has a twelve month low of $16.20 and a twelve month high of $21.66. The stock has a market cap of $6.27 billion, a P/E ratio of 25.60 and a beta of 1.50. The stock has a 50 day moving average of $19.54 and a 200 day moving average of $19.29. The company has a current ratio of 1.43, a quick ratio of 1.43 and a debt-to-equity ratio of 1.01.

Jefferies Financial Group (NYSE:JEF) last released its quarterly earnings data on Thursday, September 26th. The financial services provider reported $0.15 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.34 by ($0.19). The business had revenue of $857.00 million during the quarter, compared to analyst estimates of $1.02 billion. The company’s quarterly revenue was down 25.5% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.06) EPS. On average, research analysts predict that Jefferies Financial Group Inc will post 1.03 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Monday, November 18th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 2.41%. The ex-dividend date was Friday, November 15th. Jefferies Financial Group’s dividend payout ratio is currently 61.73%.

About Jefferies Financial Group

Jefferies Financial Group Inc, a financial services company, engages in investment banking and capital markets, asset management, and direct investing businesses in the Americas, Europe, and Asia. the company also offers equities research, sales, and trading services; equity finance services comprising financing, securities lending, and other prime brokerage services; and wealth management services to high net worth individuals, their families and businesses, private equity and venture funds, and small institutions.

Featured Story: What are Institutional Investors?

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

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