Jefferies Financial Group Inc. $JEF Shares Bought by Entropy Technologies LP

Entropy Technologies LP grew its position in Jefferies Financial Group Inc. (NYSE:JEF) by 136.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,118 shares of the financial services provider’s stock after acquiring an additional 15,634 shares during the quarter. Entropy Technologies LP’s holdings in Jefferies Financial Group were worth $1,681,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. Salomon & Ludwin LLC increased its holdings in shares of Jefferies Financial Group by 75.0% in the 4th 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 last quarter. Parallel Advisors LLC increased its holdings in shares of Jefferies Financial Group by 1.8% in the 3rd quarter. Parallel Advisors LLC now owns 10,546 shares of the financial services provider’s stock valued at $690,000 after acquiring an additional 187 shares during the last quarter. Rothschild Investment LLC increased its holdings in shares of Jefferies Financial Group by 34.7% in the 3rd quarter. Rothschild Investment LLC now owns 741 shares of the financial services provider’s stock valued at $48,000 after acquiring an additional 191 shares during the last quarter. Quadrant Capital Group LLC increased its holdings in shares of Jefferies Financial Group by 1.3% in 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 acquiring an additional 206 shares during the last quarter. Finally, Allworth Financial LP increased its holdings in shares of Jefferies Financial Group by 11.2% in the 3rd quarter. Allworth Financial LP now owns 2,159 shares of the financial services provider’s stock valued at $141,000 after acquiring an additional 217 shares during the last quarter. 60.88% of the stock is currently owned by institutional investors.

Jefferies Financial Group Trading Up 0.3%

Shares of JEF stock opened at $61.87 on Tuesday. The company has a debt-to-equity ratio of 1.87, a quick ratio of 1.04 and a current ratio of 1.04. Jefferies Financial Group Inc. has a 1 year low of $35.53 and a 1 year high of $71.04. The stock has a fifty day moving average of $50.82 and a two-hundred day moving average of $53.16. The firm has a market capitalization of $12.65 billion, a PE ratio of 20.90 and a beta of 1.54.

Jefferies Financial Group (NYSE:JEF) last announced its quarterly earnings results on Wednesday, March 25th. The financial services provider reported $0.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.19). Jefferies Financial Group had a return on equity of 7.83% and a net margin of 6.61%.The business had revenue of $2.02 billion for the quarter, compared to analyst estimates of $2.02 billion. During the same quarter last year, the firm posted $0.57 EPS. The company’s revenue was up 26.6% compared to the same quarter last year. As a group, research analysts expect that Jefferies Financial Group Inc. will post 3.86 EPS for the current year.

Jefferies Financial Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Monday, May 18th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Monday, May 18th. Jefferies Financial Group’s payout ratio is 54.05%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on JEF. Zacks Research upgraded Jefferies Financial Group from a “strong sell” rating to a “hold” rating in a report on Thursday, April 9th. Loop Capital set a $60.00 price objective on Jefferies Financial Group in a research report on Monday, June 8th. UBS Group reduced their price objective on Jefferies Financial Group from $76.00 to $59.00 and set a “buy” rating for the company in a research report on Thursday, March 12th. The Goldman Sachs Group restated a “buy” rating on shares of Jefferies Financial Group in a research report on Friday, June 5th. Finally, Oppenheimer boosted their price objective on Jefferies Financial Group from $72.00 to $87.00 and gave the company an “outperform” rating in a research report on Friday. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $62.38.

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.