Jefferies Financial Group Trading Down 0.3 %
JEF stock opened at $40.76 on Tuesday. The stock has a market capitalization of $8.64 billion, a price-to-earnings ratio of 37.05 and a beta of 1.40. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.95 and a quick ratio of 1.00. The business has a fifty day moving average price of $38.77 and a 200 day moving average price of $36.48. Jefferies Financial Group has a fifty-two week low of $28.34 and a fifty-two week high of $41.82.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in JEF. Charles Schwab Investment Management Inc. boosted its position in shares of Jefferies Financial Group by 201.2% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 3,328,739 shares of the financial services provider’s stock worth $109,350,000 after purchasing an additional 2,223,630 shares during the last quarter. First Trust Advisors LP lifted its holdings in Jefferies Financial Group by 44.6% during the first quarter. First Trust Advisors LP now owns 7,152,883 shares of the financial services provider’s stock worth $234,972,000 after acquiring an additional 2,207,065 shares in the last quarter. Norges Bank bought a new position in Jefferies Financial Group during the fourth quarter worth about $68,262,000. Allspring Global Investments Holdings LLC lifted its holdings in Jefferies Financial Group by 1,093.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 1,829,942 shares of the financial services provider’s stock worth $67,031,000 after acquiring an additional 1,676,549 shares in the last quarter. Finally, Point72 Asset Management L.P. lifted its holdings in Jefferies Financial Group by 20,887.5% during the second quarter. Point72 Asset Management L.P. now owns 1,007,400 shares of the financial services provider’s stock worth $33,415,000 after acquiring an additional 1,002,600 shares in the last quarter. 70.80% of the stock is currently owned by institutional investors.
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.
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