Victory Capital Management Inc. Has $11.56 Million Holdings in Jefferies Financial Group Inc. (NYSE:JEF)

Victory Capital Management Inc. increased its stake in shares of Jefferies Financial Group Inc. (NYSE:JEF) by 64.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 147,404 shares of the financial services provider’s stock after buying an additional 57,799 shares during the quarter. Victory Capital Management Inc. owned 0.07% of Jefferies Financial Group worth $11,556,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Hemington Wealth Management lifted its holdings in shares of Jefferies Financial Group by 71.8% during the fourth 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 period. V Square Quantitative Management LLC acquired a new stake in shares of Jefferies Financial Group during the 4th quarter worth about $27,000. Stephens Consulting LLC bought a new position in Jefferies Financial Group during the 4th quarter valued at about $29,000. Wilmington Savings Fund Society FSB bought a new position in Jefferies Financial Group during the 3rd quarter valued at about $32,000. Finally, GAMMA Investing LLC boosted its position in Jefferies Financial Group by 158.3% in the fourth quarter. GAMMA Investing LLC now owns 514 shares of the financial services provider’s stock valued at $40,000 after buying an additional 315 shares in the last quarter. Institutional investors and hedge funds own 60.88% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. The Goldman Sachs Group set a $75.00 target price on shares of Jefferies Financial Group in a research note on Wednesday, March 5th. Oppenheimer cut their price objective on Jefferies Financial Group from $82.00 to $81.00 and set an “outperform” rating for the company in a research report on Friday, January 3rd. Finally, Morgan Stanley reduced their price objective on Jefferies Financial Group from $92.00 to $81.00 and set an “overweight” rating on the stock in a research note on Thursday.

Jefferies Financial Group Price Performance

JEF opened at $54.18 on Friday. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.07 and a quick ratio of 1.07. The stock has a market capitalization of $11.17 billion, a P/E ratio of 18.18 and a beta of 1.37. The company’s 50 day simple moving average is $71.01 and its 200-day simple moving average is $69.47. Jefferies Financial Group Inc. has a one year low of $40.72 and a one year high of $82.68.

Jefferies Financial Group (NYSE:JEF) last announced its quarterly earnings data on Wednesday, January 8th. The financial services provider reported $0.91 EPS for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.06). The firm had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.83 billion. Jefferies Financial Group had a net margin of 10.57% and a return on equity of 7.92%. The firm’s quarterly revenue was up 63.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.30 earnings per share. Sell-side 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 company also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Friday, February 14th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 2.95%. This is a positive change from Jefferies Financial Group’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend was Friday, February 14th. Jefferies Financial Group’s dividend payout ratio (DPR) is presently 53.69%.

Jefferies Financial Group Company 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.