Jefferies Financial Group Inc. (NYSE:JEF) Receives $72.71 Average Target Price from Analysts

Jefferies Financial Group Inc. (NYSE:JEFGet Free Report) has received an average recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $72.7143.

Several research analysts recently weighed in on JEF shares. Weiss Ratings restated a “hold (c-)” rating on shares of Jefferies Financial Group in a research note on Monday, December 29th. UBS Group reissued a “buy” rating on shares of Jefferies Financial Group in a report on Tuesday, December 30th. Zacks Research downgraded Jefferies Financial Group from a “strong-buy” rating to a “hold” rating in a report on Monday, December 1st. Morgan Stanley set a $78.00 price objective on shares of Jefferies Financial Group and gave the stock an “overweight” rating in a research report on Monday, December 8th. Finally, Oppenheimer increased their target price on Jefferies Financial Group from $81.00 to $97.00 and gave the company an “outperform” rating in a research report on Thursday, December 11th.

View Our Latest Stock Report on Jefferies Financial Group

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Hedge Funds Weigh In On Jefferies Financial Group

Institutional investors and hedge funds have recently bought and sold shares of the business. Bison Wealth LLC purchased a new position in Jefferies Financial Group in the 4th quarter worth approximately $224,000. Bessemer Group Inc. raised its holdings 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 acquiring an additional 299 shares during the period. Teacher Retirement System of Texas boosted its position in shares of Jefferies Financial Group by 4.5% during the 2nd quarter. Teacher Retirement System of Texas now owns 30,882 shares of the financial services provider’s stock valued at $1,689,000 after acquiring an additional 1,340 shares during the last quarter. Hantz Financial Services Inc. boosted its position in shares of Jefferies Financial Group by 3,577.8% during the 2nd quarter. Hantz Financial Services Inc. now owns 993 shares of the financial services provider’s stock valued at $54,000 after acquiring an additional 966 shares during the last quarter. Finally, Atria Investments Inc purchased a new stake in shares of Jefferies Financial Group in the second quarter valued at about $302,000. 60.88% of the stock is currently owned by institutional investors and hedge funds.

Jefferies Financial Group Stock Down 0.3%

Shares of NYSE JEF opened at $44.54 on Monday. The stock’s fifty day simple moving average is $58.37 and its two-hundred day simple moving average is $59.25. Jefferies Financial Group has a 12-month low of $39.28 and a 12-month high of $71.04. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.73. The stock has a market capitalization of $9.20 billion, a PE ratio of 15.74 and a beta of 1.52.

Jefferies Financial Group (NYSE:JEFGet Free Report) last announced its earnings results on Wednesday, January 7th. The financial services provider reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.83 by $0.13. The business had revenue of $2.07 billion during the quarter, compared to the consensus estimate of $2.01 billion. Jefferies Financial Group had a net margin of 6.56% and a return on equity of 7.27%. The firm’s revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.91 earnings per share. As a group, analysts expect that Jefferies Financial Group will post 4.41 EPS for the current fiscal year.

Jefferies Financial Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Tuesday, February 17th. Jefferies Financial Group’s dividend payout ratio (DPR) is 56.54%.

Jefferies Financial Group Company Profile

(Get Free Report)

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.

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