Eidelman Virant Capital Acquires 9,760 Shares of Jefferies Financial Group Inc (JEF)

Eidelman Virant Capital lifted its holdings in Jefferies Financial Group Inc (NYSE:JEF) by 61.0% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 25,760 shares of the financial services provider’s stock after purchasing an additional 9,760 shares during the period. Eidelman Virant Capital’s holdings in Jefferies Financial Group were worth $565,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of JEF. Envestnet Asset Management Inc. bought a new stake in Jefferies Financial Group during the 2nd quarter worth approximately $106,000. Victory Capital Management Inc. bought a new stake in Jefferies Financial Group during the 2nd quarter worth approximately $108,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in Jefferies Financial Group during the 2nd quarter worth approximately $109,000. Livforsakringsbolaget Skandia Omsesidigt bought a new stake in Jefferies Financial Group during the 2nd quarter worth approximately $112,000. Finally, Smithfield Trust Co. bought a new stake in Jefferies Financial Group during the 2nd quarter worth approximately $114,000. Hedge funds and other institutional investors own 74.16% of the company’s stock.

Shares of JEF opened at $21.70 on Thursday. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.97. Jefferies Financial Group Inc has a 1 year low of $20.23 and a 1 year high of $28.30. The company has a market cap of $7.32 billion, a price-to-earnings ratio of 13.15 and a beta of 1.13.

Jefferies Financial Group (NYSE:JEF) last announced its quarterly earnings data on Thursday, July 26th. The financial services provider reported $2.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.88 by $0.15. Jefferies Financial Group had a net margin of 7.60% and a return on equity of 4.52%. The business had revenue of $911.15 million during the quarter, compared to analyst estimates of $789.70 million. During the same period last year, the firm posted $0.16 EPS. The company’s revenue was up 6.3% on a year-over-year basis. Analysts forecast that Jefferies Financial Group Inc will post 1.46 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 28th. Shareholders of record on Monday, September 17th were issued a dividend of $0.125 per share. This is a positive change from Jefferies Financial Group’s previous quarterly dividend of $0.10. This represents a $0.50 dividend on an annualized basis and a yield of 2.30%. The ex-dividend date of this dividend was Friday, September 14th. Jefferies Financial Group’s dividend payout ratio (DPR) is 30.30%.

A number of research firms have commented on JEF. Zacks Investment Research cut shares of Jefferies Financial Group from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 10th. Keefe, Bruyette & Woods began coverage on shares of Jefferies Financial Group in a research note on Monday, August 20th. They set an “outperform” rating and a $29.00 target price on the stock. Finally, ValuEngine upgraded shares of Jefferies Financial Group from a “sell” rating to a “hold” rating in a research note on Wednesday, July 25th.

Jefferies Financial Group Company Profile

Jefferies Financial Group Inc, a financial services company, offers a range of products and services in investment banking, equities, fixed income, and wealth management in the Americas, Europe, and Asia. It engages in the debt capital market, equity capital market, merger and acquisition, private capital advisory, and restructuring and recapitalization businesses.

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

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