Centennial Bank AR Sells 263 Shares of Jefferies Financial Group Inc. (NYSE:JEF)

Centennial Bank AR decreased its holdings in Jefferies Financial Group Inc. (NYSE:JEF) by 1.0% in the third quarter, Holdings Channel reports. The fund owned 25,735 shares of the financial services provider’s stock after selling 263 shares during the quarter. Centennial Bank AR’s holdings in Jefferies Financial Group were worth $1,584,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Rothschild Investment LLC bought a new position in shares of Jefferies Financial Group in the 2nd quarter valued at about $25,000. Massmutual Trust Co. FSB ADV lifted its holdings in shares of Jefferies Financial Group by 75.7% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 520 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 224 shares during the last quarter. Versant Capital Management Inc lifted its holdings in shares of Jefferies Financial Group by 1,993.8% in the 2nd quarter. Versant Capital Management Inc now owns 670 shares of the financial services provider’s stock valued at $33,000 after acquiring an additional 638 shares during the last quarter. Eastern Bank bought a new position in shares of Jefferies Financial Group in the 3rd quarter valued at about $42,000. Finally, Ashton Thomas Private Wealth LLC bought a new position in shares of Jefferies Financial Group in the 2nd quarter valued at about $48,000. Institutional investors own 60.88% of the company’s stock.

Analyst Upgrades and Downgrades

JEF has been the topic of a number of recent analyst reports. Morgan Stanley increased their price objective on shares of Jefferies Financial Group from $59.00 to $64.00 and gave the stock an “equal weight” rating in a research report on Monday, September 23rd. UBS Group initiated coverage on shares of Jefferies Financial Group in a research report on Tuesday, September 17th. They issued a “buy” rating and a $67.00 price objective on the stock. Finally, Oppenheimer increased their price objective on shares of Jefferies Financial Group from $64.00 to $66.00 and gave the stock an “outperform” rating in a research report on Friday, September 13th.

Insider Transactions at Jefferies Financial Group

In other Jefferies Financial Group news, Director Mitsui Financial Grou Sumitomo acquired 9,247,081 shares of the business’s stock in a transaction that occurred on Thursday, September 19th. The shares were bought at an average cost of $59.67 per share, with a total value of $551,773,323.27. Following the completion of the acquisition, the director now directly owns 9,247,081 shares in the company, valued at $551,773,323.27. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Jefferies Financial Group news, Director Robert D. Beyer sold 46,200 shares of the firm’s stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $64.07, for a total value of $2,960,034.00. Following the completion of the sale, the director now directly owns 100,375 shares in the company, valued at $6,431,026.25. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mitsui Financial Grou Sumitomo bought 9,247,081 shares of the stock in a transaction on Thursday, September 19th. The stock was purchased at an average price of $59.67 per share, with a total value of $551,773,323.27. Following the completion of the purchase, the director now owns 9,247,081 shares of the company’s stock, valued at $551,773,323.27. The disclosure for this purchase can be found here. Over the last three months, insiders have sold 493,526 shares of company stock valued at $31,703,689. 20.40% of the stock is currently owned by company insiders.

Jefferies Financial Group Stock Performance

Shares of NYSE:JEF opened at $64.22 on Monday. The firm has a market cap of $13.20 billion, a PE ratio of 27.44 and a beta of 1.31. The firm’s 50 day simple moving average is $61.79 and its 200-day simple moving average is $53.77. Jefferies Financial Group Inc. has a one year low of $32.75 and a one year high of $67.79. The company has a debt-to-equity ratio of 1.53, a quick ratio of 1.03 and a current ratio of 1.03.

Jefferies Financial Group (NYSE:JEF) last issued its earnings results on Wednesday, September 25th. The financial services provider reported $0.75 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.03). The company had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.71 billion. Jefferies Financial Group had a return on equity of 6.40% and a net margin of 9.27%. The business’s revenue was up 42.4% compared to the same quarter last year. During the same period last year, the business posted $0.32 earnings per share. As a group, equities analysts predict that Jefferies Financial Group Inc. will post 3.13 EPS for the current year.

Jefferies Financial Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Monday, November 18th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date is Monday, November 18th. Jefferies Financial Group’s dividend payout ratio (DPR) is presently 59.83%.

About Jefferies Financial Group

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.