Moors & Cabot Inc. bought a new position in shares of Jefferies Financial Group Inc (NYSE:JEF) during the first quarter, HoldingsChannel reports. The fund bought 10,354 shares of the financial services provider’s stock, valued at approximately $192,000.

A number of other institutional investors have also recently bought and sold shares of JEF. Norges Bank bought a new stake in Jefferies Financial Group during the 4th quarter worth approximately $37,879,000. Oregon Public Employees Retirement Fund increased its holdings in Jefferies Financial Group by 2,023.7% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,564,310 shares of the financial services provider’s stock worth $90,000 after acquiring an additional 1,490,652 shares during the period. JPMorgan Chase & Co. increased its holdings in Jefferies Financial Group by 37.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,111,446 shares of the financial services provider’s stock worth $46,367,000 after acquiring an additional 580,803 shares during the period. Prudential Financial Inc. increased its holdings in Jefferies Financial Group by 45.4% during the 4th quarter. Prudential Financial Inc. now owns 1,824,482 shares of the financial services provider’s stock worth $31,673,000 after acquiring an additional 569,942 shares during the period. Finally, South Texas Money Management Ltd. increased its holdings in Jefferies Financial Group by 67.3% during the 4th quarter. South Texas Money Management Ltd. now owns 1,305,950 shares of the financial services provider’s stock worth $22,671,000 after acquiring an additional 525,504 shares during the period. 80.18% of the stock is currently owned by institutional investors and hedge funds.

JEF stock opened at $18.91 on Thursday. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.37 and a quick ratio of 1.37. Jefferies Financial Group Inc has a one year low of $16.20 and a one year high of $25.07. The company has a market capitalization of $5.62 billion, a price-to-earnings ratio of 23.35 and a beta of 1.36.

Jefferies Financial Group (NYSE:JEF) last released its quarterly earnings results on Thursday, March 28th. The financial services provider reported $0.14 EPS for the quarter, missing the Zacks’ consensus estimate of $0.24 by ($0.10). Jefferies Financial Group had a return on equity of 6.70% and a net margin of 10.07%. The company had revenue of $828.40 million during the quarter, compared to analysts’ expectations of $1.03 billion. Jefferies Financial Group’s revenue was down 7.5% on a year-over-year basis. As a group, equities research analysts forecast that Jefferies Financial Group Inc will post 1.16 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Monday, May 20th will be paid a $0.125 dividend. The ex-dividend date of this dividend is Friday, May 17th. This represents a $0.50 dividend on an annualized basis and a yield of 2.64%. Jefferies Financial Group’s dividend payout ratio is presently 61.73%.

A number of research firms recently weighed in on JEF. ValuEngine raised shares of Jefferies Financial Group from a “sell” rating to a “hold” rating in a report on Wednesday, May 1st. Zacks Investment Research lowered shares of Jefferies Financial Group from a “hold” rating to a “sell” rating in a report on Monday, April 1st.

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Jefferies Financial Group Company Profile

Jefferies Financial Group Inc, a financial services company, engages in investment banking and capital markets, asset management, and direct investing businesses in the Americas, Europe, and Asia. the company also offers equities research, sales, and trading services; equity finance services comprising financing, securities lending, and other prime brokerage services; and wealth management services to high net worth individuals, their families and businesses, private equity and venture funds, and small institutions.

See Also: Understanding Market Liquidity

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

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