AQR Capital Management LLC Has $11.39 Million Position in Jefferies Financial Group Inc. (NYSE:JEF)

AQR Capital Management LLC boosted its holdings in shares of Jefferies Financial Group Inc. (NYSE:JEF - Free Report) by 32.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 145,295 shares of the financial services provider's stock after buying an additional 35,564 shares during the period. AQR Capital Management LLC owned approximately 0.07% of Jefferies Financial Group worth $11,391,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Sumitomo Mitsui Financial Group Inc. acquired a new stake in shares of Jefferies Financial Group in the 4th quarter worth about $724,971,000. Alliancebernstein L.P. increased its holdings in Jefferies Financial Group by 159.1% during the 4th quarter. Alliancebernstein L.P. now owns 5,988,746 shares of the financial services provider's stock worth $469,518,000 after purchasing an additional 3,677,233 shares in the last quarter. FMR LLC raised its stake in shares of Jefferies Financial Group by 63.7% in the fourth quarter. FMR LLC now owns 5,381,149 shares of the financial services provider's stock worth $421,882,000 after purchasing an additional 2,094,191 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of Jefferies Financial Group by 27.1% in the fourth quarter. Invesco Ltd. now owns 5,293,767 shares of the financial services provider's stock valued at $415,031,000 after purchasing an additional 1,127,335 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of Jefferies Financial Group by 57.4% during the fourth quarter. JPMorgan Chase & Co. now owns 3,941,692 shares of the financial services provider's stock valued at $309,029,000 after buying an additional 1,437,179 shares during the last quarter. 60.88% of the stock is owned by institutional investors.

Jefferies Financial Group Stock Down 1.1 %

JEF opened at $48.75 on Tuesday. The company's 50-day moving average price is $51.42 and its two-hundred day moving average price is $66.23. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.57. Jefferies Financial Group Inc. has a twelve month low of $39.28 and a twelve month high of $82.68. The stock has a market cap of $10.05 billion, a price-to-earnings ratio of 16.36 and a beta of 1.47.

Jefferies Financial Group (NYSE:JEF - Get Free Report) last announced its quarterly earnings data on Wednesday, March 26th. The financial services provider reported $0.60 earnings per share for the quarter, missing the consensus estimate of $0.88 by ($0.28). The firm had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.93 billion. Jefferies Financial Group had a net margin of 10.57% and a return on equity of 7.92%. Jefferies Financial Group's revenue for the quarter was down 8.4% on a year-over-year basis. During the same period last year, the company posted $0.87 earnings per share. As a group, equities analysts expect that Jefferies Financial Group Inc. will post 4.41 earnings per share for the current year.

Jefferies Financial Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Investors of record on Monday, May 19th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 3.28%. The ex-dividend date of this dividend is Monday, May 19th. Jefferies Financial Group's dividend payout ratio is currently 55.36%.

Analysts Set New Price Targets

Several research firms have recently issued reports on JEF. 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 lowered shares of Jefferies Financial Group from an "outperform" rating to a "market perform" rating in a research note on Wednesday, March 19th. StockNews.com raised shares of Jefferies Financial Group from a "sell" rating to a "hold" rating in a research report on Monday. Finally, Morgan Stanley downgraded Jefferies Financial Group from an "overweight" rating to an "equal weight" rating and decreased their price target for the company from $75.00 to $41.00 in a research report on Monday, April 7th.

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.

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