Lisanti Capital Growth LLC Has $2.32 Million Stock Position in Jefferies Financial Group Inc. (NYSE:JEF)

Lisanti Capital Growth LLC increased its stake in shares of Jefferies Financial Group Inc. (NYSE:JEF) by 5.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,575 shares of the financial services provider’s stock after buying an additional 1,655 shares during the period. Lisanti Capital Growth LLC’s holdings in Jefferies Financial Group were worth $2,319,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Hemington Wealth Management increased its stake in shares of Jefferies Financial Group by 71.8% in the 4th quarter. Hemington Wealth Management now owns 335 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 140 shares during the last quarter. Caprock Group LLC increased its stake in shares of Jefferies Financial Group by 4.5% in the 4th quarter. Caprock Group LLC now owns 3,844 shares of the financial services provider’s stock valued at $301,000 after acquiring an additional 165 shares during the last quarter. Greenleaf Trust increased its stake in shares of Jefferies Financial Group by 2.8% in the 4th quarter. Greenleaf Trust now owns 6,554 shares of the financial services provider’s stock valued at $514,000 after acquiring an additional 179 shares during the last quarter. CIBC Asset Management Inc increased its stake in shares of Jefferies Financial Group by 3.4% in the 3rd quarter. CIBC Asset Management Inc now owns 6,162 shares of the financial services provider’s stock valued at $379,000 after acquiring an additional 204 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund increased its stake in shares of Jefferies Financial Group by 0.7% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 33,087 shares of the financial services provider’s stock valued at $2,594,000 after acquiring an additional 234 shares during the last quarter. Institutional investors and hedge funds own 60.88% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Oppenheimer lowered their target price on Jefferies Financial Group from $82.00 to $81.00 and set an “outperform” rating for the company in a research note on Friday, January 3rd. Morgan Stanley raised Jefferies Financial Group from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $67.00 to $97.00 in a research note on Monday, December 9th.

Jefferies Financial Group Price Performance

NYSE JEF opened at $57.65 on Friday. The business has a 50 day simple moving average of $73.36 and a 200 day simple moving average of $69.56. Jefferies Financial Group Inc. has a 52-week low of $40.72 and a 52-week high of $82.68. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a market cap of $11.88 billion, a price-to-earnings ratio of 19.35 and a beta of 1.37.

Jefferies Financial Group (NYSE:JEF) last posted its earnings results on Wednesday, January 8th. The financial services provider reported $0.91 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.06). The business had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.83 billion. Jefferies Financial Group had a return on equity of 7.92% and a net margin of 10.57%. Jefferies Financial Group’s revenue for the quarter was up 63.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.30 earnings per share. Analysts anticipate that Jefferies Financial Group Inc. will post 4.41 earnings per share for the current fiscal year.

Jefferies Financial Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 27th. Stockholders of record on Friday, February 14th were paid a dividend of $0.40 per share. This is a boost from Jefferies Financial Group’s previous quarterly dividend of $0.35. This represents a $1.60 annualized dividend and a dividend yield of 2.78%. The ex-dividend date of this dividend was Friday, February 14th. Jefferies Financial Group’s dividend payout ratio (DPR) is currently 53.69%.

Jefferies Financial Group 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.