QRG Capital Management Inc. Purchases 334 Shares of Jefferies Financial Group Inc. (NYSE:JEF)

QRG Capital Management Inc. raised its position in shares of Jefferies Financial Group Inc. (NYSE:JEF) by 1.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,824 shares of the financial services provider’s stock after acquiring an additional 334 shares during the period. QRG Capital Management Inc.’s holdings in Jefferies Financial Group were worth $1,946,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Hemington Wealth Management boosted its holdings in Jefferies Financial Group by 71.8% during the fourth quarter. Hemington Wealth Management now owns 335 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 140 shares during the period. Caprock Group LLC boosted its holdings in Jefferies Financial Group by 4.5% during the fourth quarter. Caprock Group LLC now owns 3,844 shares of the financial services provider’s stock valued at $301,000 after acquiring an additional 165 shares during the period. Greenleaf Trust boosted its holdings in Jefferies Financial Group by 2.8% during the fourth quarter. Greenleaf Trust now owns 6,554 shares of the financial services provider’s stock valued at $514,000 after acquiring an additional 179 shares during the period. CIBC Asset Management Inc boosted its holdings in Jefferies Financial Group by 3.4% during the third quarter. CIBC Asset Management Inc now owns 6,162 shares of the financial services provider’s stock valued at $379,000 after acquiring an additional 204 shares during the period. Finally, Oregon Public Employees Retirement Fund boosted its holdings in Jefferies Financial Group by 0.7% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 33,087 shares of the financial services provider’s stock valued at $2,594,000 after acquiring an additional 234 shares during the period. 60.88% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have issued reports on JEF shares. Oppenheimer decreased their price target on shares of Jefferies Financial Group from $82.00 to $81.00 and set an “outperform” rating for the company in a report on Friday, January 3rd. Morgan Stanley upgraded shares of Jefferies Financial Group from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $67.00 to $97.00 in a research note on Monday, December 9th.

Jefferies Financial Group Stock Up 2.0 %

NYSE JEF opened at $66.17 on Monday. 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 firm has a 50-day simple moving average of $74.36 and a 200 day simple moving average of $69.55. Jefferies Financial Group Inc. has a twelve month low of $40.72 and a twelve month high of $82.68. The stock has a market cap of $13.64 billion, a PE ratio of 22.20 and a beta of 1.34.

Jefferies Financial Group (NYSE:JEF) last released its earnings results on Wednesday, January 8th. The financial services provider reported $0.91 earnings per share for the quarter, missing the consensus estimate of $0.97 by ($0.06). The company had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.83 billion. Jefferies Financial Group had a net margin of 10.57% and a return on equity of 7.92%. The firm’s quarterly revenue was up 63.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.30 EPS. On average, research analysts forecast that Jefferies Financial Group Inc. will post 4.41 EPS for the current year.

Jefferies Financial Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Shareholders of record on Friday, February 14th were paid a dividend of $0.40 per share. This is a boost from Jefferies Financial Group’s previous quarterly dividend of $0.35. The ex-dividend date was Friday, February 14th. This represents a $1.60 dividend on an annualized basis and a yield of 2.42%. Jefferies Financial Group’s dividend payout ratio (DPR) is currently 53.69%.

Jefferies Financial Group Company Profile

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.