Diversified Trust Co Invests $1.01 Million in Jefferies Financial Group Inc. $JEF

Diversified Trust Co acquired a new position in Jefferies Financial Group Inc. (NYSE:JEF) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 24,391 shares of the financial services provider’s stock, valued at approximately $1,007,000.

Other hedge funds also recently bought and sold shares of the company. Salomon & Ludwin LLC lifted its holdings in Jefferies Financial Group by 75.0% in the fourth quarter. Salomon & Ludwin LLC now owns 413 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 177 shares during the period. Parallel Advisors LLC grew its stake in shares of Jefferies Financial Group by 1.8% during the 3rd quarter. Parallel Advisors LLC now owns 10,546 shares of the financial services provider’s stock valued at $690,000 after purchasing an additional 187 shares during the period. Quadrant Capital Group LLC grew its stake in shares of Jefferies Financial Group by 1.3% during the 3rd quarter. Quadrant Capital Group LLC now owns 15,811 shares of the financial services provider’s stock valued at $1,034,000 after purchasing an additional 206 shares during the period. Allworth Financial LP grew its stake in shares of Jefferies Financial Group by 11.2% during the 3rd quarter. Allworth Financial LP now owns 2,159 shares of the financial services provider’s stock valued at $141,000 after purchasing an additional 217 shares during the period. Finally, Punch & Associates Investment Management Inc. increased its position in shares of Jefferies Financial Group by 4.2% during the 3rd quarter. Punch & Associates Investment Management Inc. now owns 5,495 shares of the financial services provider’s stock valued at $359,000 after purchasing an additional 220 shares during the last quarter. Hedge funds and other institutional investors own 60.88% of the company’s stock.

Jefferies Financial Group Stock Performance

Shares of JEF opened at $60.56 on Wednesday. The business has a 50-day simple moving average of $53.04 and a two-hundred day simple moving average of $53.35. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.87. Jefferies Financial Group Inc. has a 52 week low of $35.53 and a 52 week high of $71.04. The stock has a market cap of $12.38 billion, a price-to-earnings ratio of 20.46 and a beta of 1.54.

Jefferies Financial Group (NYSE:JEF) last posted its quarterly earnings data on Wednesday, March 25th. The financial services provider reported $0.70 earnings per share for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.19). The company had revenue of $2.02 billion for the quarter, compared to analysts’ expectations of $2.02 billion. Jefferies Financial Group had a net margin of 6.61% and a return on equity of 7.83%. The firm’s quarterly revenue was up 26.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.57 earnings per share. On average, analysts expect that Jefferies Financial Group Inc. will post 3.94 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on JEF. Morgan Stanley increased their price objective on shares of Jefferies Financial Group from $44.00 to $50.00 and gave the stock an “equal weight” rating in a research note on Tuesday, June 9th. Weiss Ratings upgraded shares of Jefferies Financial Group from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, June 12th. Loop Capital set a $60.00 target price on shares of Jefferies Financial Group in a report on Monday, June 8th. BMO Capital Markets increased their price target on shares of Jefferies Financial Group from $42.00 to $60.00 and gave the stock a “market perform” rating in a research report on Monday, June 8th. Finally, UBS Group cut shares of Jefferies Financial Group from a “buy” rating to a “neutral” rating and lifted their price target for the stock from $59.00 to $67.00 in a research note on Thursday, June 18th. Two analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $63.38.

More Jefferies Financial Group News

Here are the key news stories impacting Jefferies Financial Group this week:

• Positive Sentiment: Investors are positioning ahead of Jefferies Financial Group’s June 24 Q2 earnings report, with expectations for solid revenue and EPS and added interest from the stock’s dividend yield.
• Positive Sentiment: Recent articles continue to spotlight Jefferies’ influential research calls on Alphabet, Oracle, and power-sector stocks, supporting the firm’s market visibility and advisory reputation.
• Positive Sentiment: Coverage highlighting Berkshire Hathaway’s ownership and calling JEF a “premier” financial stock may be adding to investor confidence in the name.
• Neutral Sentiment: Several articles discussed Jefferies analyst opinions on other companies, which are informative for the firm’s brand but are not direct catalysts for JEF shares.

Jefferies Financial Group Company Profile

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.