Vanguard Personalized Indexing Management LLC Raises Holdings in Jefferies Financial Group Inc. (NYSE:JEF)

Vanguard Personalized Indexing Management LLC boosted its stake in shares of Jefferies Financial Group Inc. (NYSE:JEF) by 9.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,799 shares of the financial services provider’s stock after acquiring an additional 1,557 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Jefferies Financial Group were worth $886,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Azora Capital LP purchased a new stake in Jefferies Financial Group during the 4th quarter valued at about $5,419,000. Sei Investments Co. boosted its holdings in Jefferies Financial Group by 92.2% during the 1st quarter. Sei Investments Co. now owns 376,597 shares of the financial services provider’s stock valued at $16,608,000 after acquiring an additional 180,702 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in Jefferies Financial Group by 1,386.7% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 141,963 shares of the financial services provider’s stock valued at $7,064,000 after purchasing an additional 132,414 shares during the last quarter. Tocqueville Asset Management L.P. bought a new position in Jefferies Financial Group during the 1st quarter valued at approximately $2,722,000. Finally, Fulton Bank N.A. bought a new position in Jefferies Financial Group during the 2nd quarter valued at approximately $726,000. 60.88% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Jefferies Financial Group

In related news, Director Mitsui Financial Grou Sumitomo acquired 9,247,081 shares of Jefferies Financial Group stock in a transaction that occurred on Thursday, September 19th. The stock was bought at an average price of $59.67 per share, with a total value of $551,773,323.27. Following the transaction, the director now directly owns 9,247,081 shares in the company, valued at $551,773,323.27. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 20.40% of the stock is owned by corporate insiders.

Jefferies Financial Group Stock Up 0.7 %

Shares of NYSE:JEF opened at $62.49 on Wednesday. Jefferies Financial Group Inc. has a 52-week low of $31.38 and a 52-week high of $62.98. The firm has a market capitalization of $12.84 billion, a P/E ratio of 34.52 and a beta of 1.32. The stock has a 50 day moving average price of $57.37 and a 200-day moving average price of $49.88. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.91 and a current ratio of 0.91.

Jefferies Financial Group (NYSE:JEF) last announced its earnings results on Wednesday, June 26th. The financial services provider reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.01. Jefferies Financial Group had a return on equity of 5.37% and a net margin of 7.82%. The firm had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.59 billion. During the same quarter in the prior year, the company earned $0.29 EPS. The business’s revenue was up 59.6% compared to the same quarter last year. As a group, equities research analysts anticipate that Jefferies Financial Group Inc. will post 3.27 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have commented on JEF. Morgan Stanley upped their price target on Jefferies Financial Group from $59.00 to $64.00 and gave the company an “equal weight” rating in a research report on Monday. StockNews.com lowered Jefferies Financial Group from a “buy” rating to a “hold” rating in a research report on Friday, June 21st. UBS Group began coverage on Jefferies Financial Group in a research report on Tuesday, September 17th. They set a “buy” rating and a $67.00 price target for the company. Finally, Oppenheimer upped their price target on Jefferies Financial Group from $64.00 to $66.00 and gave the company an “outperform” rating in a research report on Friday, September 13th.

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.