Y Intercept Hong Kong Ltd increased its position in Jefferies Financial Group Inc. (NYSE:JEF – Free Report) by 142.2% in the 1st quarter, HoldingsChannel reports. The fund owned 93,264 shares of the financial services provider’s stock after purchasing an additional 54,753 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Jefferies Financial Group were worth $3,849,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Salomon & Ludwin LLC boosted its position in Jefferies Financial Group by 75.0% during the fourth quarter. Salomon & Ludwin LLC now owns 413 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 177 shares during the period. Parallel Advisors LLC lifted 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 buying an additional 187 shares in the last quarter. Quadrant Capital Group LLC boosted its holdings in 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 worth $1,034,000 after buying an additional 206 shares during the period. Allworth Financial LP grew its stake in 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 buying an additional 217 shares in the last quarter. Finally, Punch & Associates Investment Management Inc. raised its holdings in 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 acquiring an additional 220 shares during the period. 60.88% of the stock is currently owned by institutional investors.
Jefferies Financial Group Price Performance
Shares of JEF traded down $1.29 during mid-day trading on Tuesday, reaching $53.55. 395,691 shares of the stock traded hands, compared to its average volume of 2,665,838. The firm has a fifty day moving average price of $53.99 and a 200 day moving average price of $52.81. The company has a market cap of $10.95 billion, a price-to-earnings ratio of 14.96 and a beta of 1.54. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 1.87. Jefferies Financial Group Inc. has a 1 year low of $35.53 and a 1 year high of $71.04.
Jefferies Financial Group announced that its Board of Directors has initiated a share buyback plan on Wednesday, June 24th that allows the company to buyback $250.00 million in shares. This buyback authorization allows the financial services provider to reacquire up to 2% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its stock is undervalued.
Jefferies Financial Group Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Tuesday, August 18th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Tuesday, August 18th. Jefferies Financial Group’s dividend payout ratio is currently 44.69%.
Wall Street Analysts Forecast Growth
JEF has been the subject of a number of analyst reports. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Jefferies Financial Group in a report on Friday, June 5th. Weiss Ratings lowered Jefferies Financial Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, June 29th. Zacks Research raised Jefferies Financial Group from a “strong sell” rating to a “hold” rating in a report on Thursday, April 9th. BMO Capital Markets raised their target price on Jefferies Financial Group from $42.00 to $60.00 and gave the stock a “market perform” rating in a research note on Monday, June 8th. Finally, Morgan Stanley lifted their target price on Jefferies Financial Group from $44.00 to $50.00 and gave the company an “equal weight” rating in a report on Tuesday, June 9th. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $62.62.
Get Our Latest Stock Analysis on JEF
Jefferies Financial Group 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.
Featured Articles
- Five stocks we like better than Jefferies Financial Group
- AI Insider Activity: Are Sales Across 3 Key Stocks Noteworthy or Just Noise?
- 3 Quiet AI Revenue Accelerators With Sales Growth Outpacing Peers
- Top 135 Best Locally Owned BBQ Supply Stores in the U.S., According to Survey [2026]
- Silicon Starvation: Amazon Feasts on Legacy GPUs
Want to see what other hedge funds are holding JEF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Jefferies Financial Group Inc. (NYSE:JEF – Free Report).
Receive News & Ratings for Jefferies Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jefferies Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.
