Harbour Capital Advisors LLC Has $1.82 Million Stock Position in Jefferies Financial Group Inc. (NYSE:JEF)

Harbour Capital Advisors LLC raised its position in shares of Jefferies Financial Group Inc. (NYSE:JEF - Free Report) by 23.8% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,965 shares of the financial services provider's stock after acquiring an additional 6,530 shares during the period. Harbour Capital Advisors LLC's holdings in Jefferies Financial Group were worth $1,820,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in JEF. Creative Financial Designs Inc. ADV grew its stake in shares of Jefferies Financial Group by 14.2% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,223 shares of the financial services provider's stock valued at $96,000 after acquiring an additional 152 shares in the last quarter. Quadrant Capital Group LLC boosted its holdings in Jefferies Financial Group by 5.8% in the 4th quarter. Quadrant Capital Group LLC now owns 2,960 shares of the financial services provider's stock valued at $232,000 after purchasing an additional 161 shares during the period. CoreCap Advisors LLC grew its position in shares of Jefferies Financial Group by 7.6% during the 4th quarter. CoreCap Advisors LLC now owns 2,842 shares of the financial services provider's stock worth $223,000 after purchasing an additional 200 shares in the last quarter. Bessemer Group Inc. grew its position in shares of Jefferies Financial Group by 12.8% during the 4th quarter. Bessemer Group Inc. now owns 2,030 shares of the financial services provider's stock worth $159,000 after purchasing an additional 230 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund increased its holdings in shares of Jefferies Financial Group by 0.7% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 33,087 shares of the financial services provider's stock worth $2,594,000 after purchasing an additional 234 shares during the period. Institutional investors and hedge funds own 60.88% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Oppenheimer downgraded Jefferies Financial Group from an "outperform" rating to a "market perform" rating in a research report on Wednesday, March 19th. Morgan Stanley upped their price objective on shares of Jefferies Financial Group from $41.00 to $55.00 and gave the stock an "equal weight" rating in a research report on Monday. Wall Street Zen downgraded shares of Jefferies Financial Group from a "hold" rating to a "sell" rating in a research note on Tuesday, May 13th. Finally, The Goldman Sachs Group boosted their target price on shares of Jefferies Financial Group from $55.00 to $62.00 and gave the company a "buy" rating in a research report on Thursday, May 15th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $66.25.

Jefferies Financial Group Price Performance

Shares of Jefferies Financial Group stock traded up $0.70 during trading on Wednesday, reaching $56.04. 2,791,758 shares of the company's stock were exchanged, compared to its average volume of 1,693,111. The company has a debt-to-equity ratio of 1.68, a quick ratio of 0.99 and a current ratio of 0.99. Jefferies Financial Group Inc. has a 1-year low of $39.28 and a 1-year high of $82.68. The company has a market cap of $11.56 billion, a P/E ratio of 19.39 and a beta of 1.45. The firm's 50-day moving average price is $49.75 and its 200 day moving average price is $61.08.

Jefferies Financial Group (NYSE:JEF - Get Free Report) last issued its earnings results on Wednesday, March 26th. The financial services provider reported $0.60 EPS for the quarter, missing the consensus estimate of $0.88 by ($0.28). Jefferies Financial Group had a return on equity of 7.26% and a net margin of 9.31%. The business had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.93 billion. During the same period in the previous year, the firm posted $0.87 EPS. The firm's revenue was down 8.4% compared to the same quarter last year. As a group, research analysts anticipate that Jefferies Financial Group Inc. will post 4.41 earnings per share for the current year.

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.