Brian Low Financial Group LLC Acquires Shares of 20,763 Jefferies Financial Group Inc. $JEF

Brian Low Financial Group LLC purchased a new stake in Jefferies Financial Group Inc. (NYSE:JEF) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 20,763 shares of the financial services provider’s stock, valued at approximately $1,358,000. Jefferies Financial Group makes up 1.1% of Brian Low Financial Group LLC’s investment portfolio, making the stock its 21st largest holding.

A number of other large investors also recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC lifted its holdings in Jefferies Financial Group by 159.3% during the second quarter. EverSource Wealth Advisors LLC now owns 892 shares of the financial services provider’s stock valued at $49,000 after purchasing an additional 548 shares in the last quarter. Bessemer Group Inc. raised its position in shares of Jefferies Financial Group by 48.8% during the 2nd quarter. Bessemer Group Inc. now owns 912 shares of the financial services provider’s stock worth $50,000 after purchasing an additional 299 shares during the last quarter. Hantz Financial Services Inc. lifted its stake in Jefferies Financial Group by 3,577.8% in the 2nd quarter. Hantz Financial Services Inc. now owns 993 shares of the financial services provider’s stock valued at $54,000 after buying an additional 966 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S boosted its holdings in Jefferies Financial Group by 28.7% in the 2nd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 1,872 shares of the financial services provider’s stock worth $102,000 after buying an additional 418 shares during the last quarter. Finally, GAMMA Investing LLC boosted its holdings in Jefferies Financial Group by 62.9% in the 2nd quarter. GAMMA Investing LLC now owns 1,875 shares of the financial services provider’s stock worth $103,000 after buying an additional 724 shares during the last quarter. 60.88% of the stock is currently owned by institutional investors and hedge funds.

Jefferies Financial Group Trading Up 0.1%

Shares of JEF stock opened at $63.90 on Friday. Jefferies Financial Group Inc. has a fifty-two week low of $39.28 and a fifty-two week high of $82.68. The stock has a market capitalization of $13.18 billion, a P/E ratio of 21.96 and a beta of 1.52. The company has a debt-to-equity ratio of 1.76, a quick ratio of 1.05 and a current ratio of 1.05. The company has a 50 day moving average price of $57.42 and a 200 day moving average price of $58.59.

Jefferies Financial Group (NYSE:JEF) last announced its quarterly earnings data on Monday, September 29th. The financial services provider reported $1.01 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.22. The company had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $1.75 billion. Jefferies Financial Group had a net margin of 7.40% and a return on equity of 7.25%. The company’s quarterly revenue was up 21.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.75 EPS. Equities research analysts predict that Jefferies Financial Group Inc. will post 4.41 EPS for the current fiscal year.

Jefferies Financial Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Monday, November 17th were paid a $0.40 dividend. The ex-dividend date was Monday, November 17th. This represents a $1.60 dividend on an annualized basis and a yield of 2.5%. Jefferies Financial Group’s payout ratio is currently 54.98%.

Analyst Upgrades and Downgrades

Several analysts recently commented on JEF shares. Telsey Advisory Group set a $74.00 price target on Jefferies Financial Group in a research report on Tuesday, September 30th. Morgan Stanley set a $78.00 target price on shares of Jefferies Financial Group and gave the stock an “overweight” rating in a research note on Monday, December 8th. Oppenheimer increased their target price on shares of Jefferies Financial Group from $81.00 to $97.00 and gave the company an “outperform” rating in a research report on Thursday, December 11th. Weiss Ratings reissued a “hold (c-)” rating on shares of Jefferies Financial Group in a research note on Monday. Finally, Wall Street Zen upgraded shares of Jefferies Financial Group from a “sell” rating to a “hold” rating in a research report on Saturday, September 20th. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $72.71.

About Jefferies Financial Group

Jefferies Financial Group Inc is a diversified financial services company that provides a range of investment banking, capital markets and asset management services to corporations, governments and institutional investors worldwide. Through its core platform, Jefferies offers advisory services for mergers and acquisitions, debt and equity underwriting, restructuring and recapitalization. The firm also operates a global sales and trading business covering equities, fixed income and foreign exchange products, complemented by equity research and macroeconomic analysis.

In addition to its capital markets franchise, Jefferies maintains a growing asset management division that delivers customized investment solutions across public and private markets.