Brown Advisory Inc. Purchases New Stake in Jefferies Financial Group Inc (JEF)

Brown Advisory Inc. bought a new position in Jefferies Financial Group Inc (NYSE:JEF) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 103,600 shares of the financial services provider’s stock, valued at approximately $2,275,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Envestnet Asset Management Inc. acquired a new position in shares of Jefferies Financial Group in the 2nd quarter worth $106,000. Victory Capital Management Inc. acquired a new position in shares of Jefferies Financial Group in the 2nd quarter worth $108,000. Palo Capital Inc. acquired a new position in shares of Jefferies Financial Group in the 3rd quarter worth $108,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in shares of Jefferies Financial Group in the 2nd quarter worth $109,000. Finally, Quantbot Technologies LP acquired a new position in shares of Jefferies Financial Group in the 3rd quarter worth $113,000. Institutional investors and hedge funds own 76.98% of the company’s stock.

A number of equities analysts recently issued reports on JEF shares. Keefe, Bruyette & Woods started coverage on Jefferies Financial Group in a report on Monday, August 20th. They issued an “outperform” rating and a $29.00 target price on the stock. Zacks Investment Research cut Jefferies Financial Group from a “buy” rating to a “hold” rating in a report on Friday, September 7th.

Shares of NYSE JEF opened at $19.02 on Friday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.57 and a current ratio of 0.57. The firm has a market capitalization of $6.50 billion, a P/E ratio of 11.53 and a beta of 1.03. Jefferies Financial Group Inc has a 52-week low of $18.85 and a 52-week high of $28.30.

Jefferies Financial Group (NYSE:JEF) last issued its earnings results on Thursday, October 25th. The financial services provider reported $0.55 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.58 by ($0.03). The company had revenue of $1.15 billion during the quarter, compared to analyst estimates of $869.80 million. Jefferies Financial Group had a return on equity of 5.07% and a net margin of 10.07%. As a group, research analysts expect that Jefferies Financial Group Inc will post 1.27 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, November 30th. Investors of record on Monday, November 19th were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.63%. The ex-dividend date was Friday, November 16th. Jefferies Financial Group’s payout ratio is 30.30%.

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Jefferies Financial Group Company Profile

Jefferies Financial Group Inc, a financial services company, offers a range of products and services in investment banking, equities, fixed income, and wealth management in the Americas, Europe, and Asia. It engages in the debt capital market, equity capital market, merger and acquisition, private capital advisory, and restructuring and recapitalization businesses.

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

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