Mraz Amerine & Associates Inc. Acquires 1,948 Shares of Jefferies Financial Group Inc. (NYSE:JEF)

Mraz Amerine & Associates Inc. increased its position in shares of Jefferies Financial Group Inc. (NYSE:JEF) by 0.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 567,941 shares of the financial services provider’s stock after acquiring an additional 1,948 shares during the quarter. Jefferies Financial Group makes up about 4.8% of Mraz Amerine & Associates Inc.’s portfolio, making the stock its 7th biggest holding. Mraz Amerine & Associates Inc.’s holdings in Jefferies Financial Group were worth $22,950,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Belpointe Asset Management LLC boosted its position in shares of Jefferies Financial Group by 56.7% during the 1st quarter. Belpointe Asset Management LLC now owns 1,147 shares of the financial services provider’s stock valued at $36,000 after acquiring an additional 415 shares during the last quarter. Washington Trust Advisors Inc. acquired a new position in shares of Jefferies Financial Group during the 3rd quarter valued at about $45,000. Allworth Financial LP boosted its position in shares of Jefferies Financial Group by 56.6% during the 4th quarter. Allworth Financial LP now owns 1,126 shares of the financial services provider’s stock valued at $46,000 after acquiring an additional 407 shares during the last quarter. Ronald Blue Trust Inc. boosted its position in shares of Jefferies Financial Group by 175.7% during the 3rd quarter. Ronald Blue Trust Inc. now owns 1,362 shares of the financial services provider’s stock valued at $50,000 after acquiring an additional 868 shares during the last quarter. Finally, Itau Unibanco Holding S.A. acquired a new position in shares of Jefferies Financial Group during the 2nd quarter valued at about $53,000. Institutional investors and hedge funds own 60.88% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Oppenheimer boosted their price target on shares of Jefferies Financial Group from $52.00 to $54.00 and gave the company an “outperform” rating in a research report on Tuesday, April 2nd. StockNews.com lowered shares of Jefferies Financial Group from a “buy” rating to a “hold” rating in a research note on Saturday. Two analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $43.33.

Jefferies Financial Group Trading Up 0.4 %

JEF stock traded up $0.18 during mid-day trading on Wednesday, hitting $41.22. 727,255 shares of the company were exchanged, compared to its average volume of 1,050,465. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The firm has a market capitalization of $8.74 billion, a P/E ratio of 33.87 and a beta of 1.37. The business has a fifty day simple moving average of $42.75 and a 200-day simple moving average of $38.92. Jefferies Financial Group Inc. has a 12-month low of $28.81 and a 12-month high of $47.39.

Jefferies Financial Group (NYSE:JEF) last issued its quarterly earnings results on Wednesday, March 27th. The financial services provider reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.11. The business had revenue of $1.74 billion for the quarter, compared to analysts’ expectations of $1.52 billion. Jefferies Financial Group had a net margin of 5.90% and a return on equity of 4.41%. The business’s quarterly revenue was up 35.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.55 earnings per share. On average, equities research analysts predict that Jefferies Financial Group Inc. will post 3.38 earnings per share for the current fiscal year.

Jefferies Financial Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 30th. Investors of record on Monday, May 20th will be issued a $0.30 dividend. The ex-dividend date is Friday, May 17th. This represents a $1.20 annualized dividend and a yield of 2.91%. Jefferies Financial Group’s dividend payout ratio (DPR) is 98.36%.

Jefferies Financial Group Company Profile

Jefferies Financial Group Inc operates as an investment banking and capital markets firm in the Americas, Europe, the Middle East, and the Asia-Pacific. The company operates in two segments, Investment Banking and Capital Markets, and Asset Management. It provides investment banking, advisory services with respect to mergers or acquisitions, debt financing, restructurings or recapitalizations, and private capital advisory transactions; underwriting and placement services related to corporate debt, municipal bonds, mortgage-backed and asset-backed securities, equity and equity-linked securities, and loan syndication services; and corporate lending services.