According to Bloomberg.com, the five rating agencies that cover Jefferies Financial Group Inc. (NYSE: JEF) have collectively assigned the company a rating of “Moderate Buy” as their recommendation for investors to purchase company shares. This rating indicates that the rating agencies believe investors should purchase company shares. Two of the research analysts have recommended to investors that they purchase the company’s stock, which has received either a buy or a hold rating from a total of four research analysts that have rated the stock. On average, the brokers who rated the stock in the prior year have set a price objective of $37.50 for the stock for the following 12 months. This price goal is for the stock. There have been several different analyst reports written concerning JEF. Oppenheimer revealed their intention to raise its price objective for Jefferies Financial Group to $47.50 in a research report released on Tuesday, September 6th. The study was published online. In a report released on Monday, July 18th, Morgan Stanley rated the company as “equal weight” and lowered their target price for Jefferies Financial Group from $32.00 to $28.00.
Additionally, the firm gave the business an “equal weight” rating. In a research report published on Thursday, August 4th, Goldman Sachs Group boosted their price target on Jefferies Financial Group from $33.00 to $37.00 while maintaining their “buy” rating on the company’s stock. The report was about Jefferies Financial Group’s stock. Finally, in research released on Monday, September 5th, Keefe, Bruyette & Woods increased their target price for Jefferies Financial Group from $30.00 to $38.00 and upgraded the firm from “market perform” to “outperform.” In other items about the firm, Director Thomas W. Jones purchased 40,000 shares of the company’s stock on Monday, July 25. The shares of the stock were acquired at an average price of $31.21 per, which resulted in the total cost of the transaction being $1,248,400.00. As a direct result of the successful transaction completion, the director now directly controls 55,962 shares of the company’s stock, the total worth of which is about 1,746,574.02 dollars. The transaction was revealed in a document filed with the SEC, which can be located on the SEC website. As a result, it became widely known. On Thursday, July 28th, Vice President Rocco J. Nittoli made a transaction involving the sale of 7,000 shares of stock in Jefferies Financial Group.
This information is relevant to the topic at hand. The sale of the stock occurred at an average price of $32.41 per share, resulting in the transaction’s total value of USD 226,870.00 for the shares. You will be sent to a legal file submitted to the SEC if you click on the link that we have provided for you, where you will find additional information regarding the sale. In addition, on the 25th of July, Director Thomas W. Jones purchased 40,000 shares of the company’s stock for his account. The transaction had a total value of $1,248,400.00 because the shares were purchased at an average price of $31.21 per share. This resulted in the total value of the transaction being $1,248,400.00. As a result of the transaction, the director now owns 55,962 shares of the company. The total value of these shares is now estimated to be 1,746,574.02 dollars. You are welcome to read the disclosure associated with this transaction in this location. 17.90% of the firm’s stock is held in personal accounts by people who work inside the company. Several hedge funds’ holdings of JEF, which are included in their portfolios, have undergone recent rebalancing due to these revisions. During the first three months of this year, Charles Schwab Investment Management Inc. oversaw a 201.2% increase in the value of Jefferies Financial Group’s stock holdings, which Charles Schwab manages.
After purchasing an additional 2,223,630 shares during the most recent quarter, Charles Schwab Investment Management Inc. now has a total of 3,328,739 shares of the financial services provider’s stock, which are worth a combined total of $109,350,000. This brings the total number of shares owned by the company to 3,328,739. The value of First Trust Advisors LP’s investment in Jefferies Financial Group rose by 44.6% during the first quarter as a result of the growth in the company’s stock price. Following the acquisition of an additional 2,207,065 shares during the most recent quarter, First Trust Advisors LP now holds a total of 7,152,883 shares of the stock held by the financial services provider. The total worth of the company’s stock holdings, as measured by their current market price, is $234,972,000. L.P. Alliancebernstein increased the percentage of shares in Jefferies Financial Group, which is owned by 91.5%, during the fourth quarter. L.P. To bring its overall interest in the financial services provider’s stock up to 4,550,667 shares, Alliancebernstein has purchased an additional 2,174,282 of those shares. The value of these shares on the market as of right now is $176,566,000. Trump Smith & Co., Inc. increased the amount of Jefferies Financial Group stock owned by 17.9% over the first three months of 2018.
Compared to the position it held a mere three months ago, Trump Smith & Co. Inc. currently owns an additional 502,508 shares of stock in the financial services company, bringing its total holdings to 502,508 shares, which have a value of $108,730,000. And last, during the first quarter of this year, Renaissance Technologies LLC saw an increase of 187.0% in the number of shares of Jefferies Financial Group. The total value of Renaissance Technologies LLC’s holdings has increased to $21,592,000 due to the company’s purchase of an extra 428,300 stock held by the financial services provider since the beginning of this quarter. Institutional and hedge fund investors hold 67.62% of the company’s total shares, making up the majority of the company’s ownership. Trading of JEF shares got underway on Monday with a price per share of $34.06. Over the previous twelve months, the price of a share of Jefferies Financial Group has moved in a range that has seen a low of $25.88 and a high of $44.47. The company’s current ratio is 2.21, while its quick ratio is also 2.21. The debt-to-equity ratio for the company is 1.04. These ratios are all the same. The company’s price-to-earnings ratio, which is 7.78, and its beta value, which is 1.39, are very high. The corporation currently has a market valuation of 7.92 billion dollars. The company’s moving average price over the previous 50 days is $31.70, and the moving average price over the previous 200 days is $31.48.
On Monday, June 27, the most recent quarterly earnings report for Jefferies Financial Group was made public. Jefferies Financial Group is a company whose stock is traded on the New York Stock Exchange under the ticker code “JEF.” The financial services company posted a quarterly profit of $0.46 per share, significantly less than the $0.65 that industry analysts had anticipated the company would make per share. The Jefferies Financial Group had a return on equity of 11.76% and a net margin of 17.23% for the company overall. The company’s sales for the quarter came in at $1.37 billion, which is much more than the average projection of $1.26 billion, which financial analysts made. The company’s profits per share came in at $1.31, which is comparable to what they were during the same quarter of the previous year. The revenue of Jefferies Financial Group dropped by 29.8% when measured against the results achieved during the same period in the prior year.
Equity research professionals forecast that Jefferies Financial Group will have profits per share of $2.92 for the current financial year. In addition, the business announced a quarterly dividend not too long ago, which was paid out on the 26th of August. This occurred not too long after the announcement was made public. On the fifteenth of August, a $0.30 dividend payment per share was issued to shareholders who were recorded as having ownership on the preceding Monday. The dividend was judged to have been “ex-dividend” on August 12, a Friday and thus the day in question. This yields a dividend yield of 3.52% and an annual dividend payment of $1.20 when factoring in inflation. The company’s profits paid out in dividends by Jefferies Financial Group is 27.40%.