Jefferies Financial Group Inc. (NYSE:JEF) Shares Purchased by Entropy Technologies LP

Entropy Technologies LP grew its stake in shares of Jefferies Financial Group Inc. (NYSE:JEF) by 74.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,001 shares of the financial services provider’s stock after purchasing an additional 10,279 shares during the quarter. Entropy Technologies LP’s holdings in Jefferies Financial Group were worth $1,477,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Sei Investments Co. raised its stake in Jefferies Financial Group by 92.2% during the 1st quarter. Sei Investments Co. now owns 376,597 shares of the financial services provider’s stock worth $16,608,000 after acquiring an additional 180,702 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Jefferies Financial Group by 1,386.7% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 141,963 shares of the financial services provider’s stock valued at $7,064,000 after purchasing an additional 132,414 shares during the last quarter. Tocqueville Asset Management L.P. acquired a new stake in shares of Jefferies Financial Group in the 1st quarter valued at about $2,722,000. Fulton Bank N.A. acquired a new stake in shares of Jefferies Financial Group in the 2nd quarter valued at about $726,000. Finally, Seven Eight Capital LP grew its stake in Jefferies Financial Group by 199.1% during the 1st quarter. Seven Eight Capital LP now owns 27,541 shares of the financial services provider’s stock worth $1,215,000 after buying an additional 18,332 shares during the last quarter. Hedge funds and other institutional investors own 60.88% of the company’s stock.

Insider Transactions at Jefferies Financial Group

In other Jefferies Financial Group news, Director Mitsui Financial Grou Sumitomo acquired 9,247,081 shares of the stock in a transaction on Thursday, September 19th. The shares were bought at an average price of $59.67 per share, with a total value of $551,773,323.27. Following the acquisition, the director now owns 9,247,081 shares of the company’s stock, valued at $551,773,323.27. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other news, Director Robert D. Beyer sold 46,200 shares of the stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of $64.07, for a total value of $2,960,034.00. Following the completion of the transaction, the director now owns 100,375 shares in the company, valued at $6,431,026.25. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Mitsui Financial Grou Sumitomo acquired 9,247,081 shares of Jefferies Financial Group stock in a transaction that occurred on Thursday, September 19th. The stock was bought at an average price of $59.67 per share, with a total value of $551,773,323.27. Following the purchase, the director now directly owns 9,247,081 shares of the company’s stock, valued at approximately $551,773,323.27. The disclosure for this purchase can be found here. Insiders have sold a total of 1,286,923 shares of company stock worth $88,999,151 over the last ninety days. 20.40% of the stock is currently owned by company insiders.

Jefferies Financial Group Stock Up 0.4 %

Jefferies Financial Group stock opened at $74.32 on Wednesday. The stock has a 50 day moving average of $63.38 and a two-hundred day moving average of $55.18. Jefferies Financial Group Inc. has a twelve month low of $33.49 and a twelve month high of $75.81. The stock has a market capitalization of $15.27 billion, a price-to-earnings ratio of 31.76 and a beta of 1.31. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.53.

Jefferies Financial Group (NYSE:JEF) last posted its quarterly earnings data on Wednesday, September 25th. The financial services provider reported $0.75 earnings per share for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.03). The firm had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.71 billion. Jefferies Financial Group had a net margin of 9.27% and a return on equity of 6.40%. The business’s quarterly revenue was up 42.4% on a year-over-year basis. During the same quarter last year, the business earned $0.32 earnings per share. As a group, research analysts expect that Jefferies Financial Group Inc. will post 3.13 earnings per share for the current year.

Jefferies Financial Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Monday, November 18th will be paid a dividend of $0.35 per share. The ex-dividend date of this dividend is Monday, November 18th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.88%. Jefferies Financial Group’s dividend payout ratio (DPR) is 59.83%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on JEF shares. Oppenheimer boosted their price objective on Jefferies Financial Group from $71.00 to $73.00 and gave the company an “outperform” rating in a research note on Tuesday, November 5th. UBS Group started coverage on shares of Jefferies Financial Group in a research report on Tuesday, September 17th. They issued a “buy” rating and a $67.00 price target for the company. Finally, Morgan Stanley raised their price objective on shares of Jefferies Financial Group from $59.00 to $64.00 and gave the stock an “equal weight” rating in a research report on Monday, September 23rd.

Jefferies Financial Group 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.