Segall Bryant & Hamill LLC Sells 2,000 Shares of Jefferies Financial Group Inc. (NYSE:JEF)

Segall Bryant & Hamill LLC lessened its stake in Jefferies Financial Group Inc. (NYSE:JEF) by 3.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 52,064 shares of the financial services provider’s stock after selling 2,000 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Jefferies Financial Group were worth $4,082,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Hemington Wealth Management raised its position in shares of Jefferies Financial Group by 71.8% in the 4th quarter. Hemington Wealth Management now owns 335 shares of the financial services provider’s stock valued at $26,000 after buying an additional 140 shares in the last quarter. V Square Quantitative Management LLC bought a new stake in shares of Jefferies Financial Group during the 4th quarter worth $27,000. Stephens Consulting LLC acquired a new stake in Jefferies Financial Group in the fourth quarter valued at about $29,000. GAMMA Investing LLC raised its stake in Jefferies Financial Group by 158.3% during the fourth quarter. GAMMA Investing LLC now owns 514 shares of the financial services provider’s stock worth $40,000 after acquiring an additional 315 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of Jefferies Financial Group in the third quarter worth about $32,000. Institutional investors own 60.88% of the company’s stock.

Jefferies Financial Group Stock Down 9.7 %

NYSE:JEF opened at $54.42 on Friday. Jefferies Financial Group Inc. has a one year low of $40.72 and a one year high of $82.68. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.07 and a quick ratio of 1.07. The company has a market cap of $11.22 billion, a PE ratio of 18.26 and a beta of 1.37. The firm’s 50 day simple moving average is $67.00 and its 200 day simple moving average is $69.41.

Jefferies Financial Group (NYSE:JEF) last issued its quarterly earnings results on Wednesday, March 26th. The financial services provider reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.28). The business had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.93 billion. Jefferies Financial Group had a return on equity of 7.92% and a net margin of 10.57%. Jefferies Financial Group’s revenue for the quarter was down 8.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.87 EPS. On average, research analysts anticipate that Jefferies Financial Group Inc. will post 4.41 earnings per share for the current year.

Jefferies Financial Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 29th. Stockholders of record on Monday, May 19th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Monday, May 19th. This represents a $1.60 annualized dividend and a dividend yield of 2.94%. Jefferies Financial Group’s payout ratio is 53.69%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. The Goldman Sachs Group set a $75.00 price target on shares of Jefferies Financial Group in a report on Wednesday, March 5th. Oppenheimer downgraded shares of Jefferies Financial Group from an “outperform” rating to a “market perform” rating in a report on Wednesday, March 19th. Finally, Morgan Stanley cut their price objective on Jefferies Financial Group from $81.00 to $75.00 and set an “overweight” rating on the stock in a report on Thursday.

About Jefferies Financial Group

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.