Boston Partners Has $11.47 Million Stock Position in Jefferies Financial Group Inc. (NYSE:JEF)

Boston Partners boosted its position in Jefferies Financial Group Inc. (NYSE:JEF - Free Report) by 57.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 283,712 shares of the financial services provider's stock after purchasing an additional 104,026 shares during the quarter. Boston Partners owned about 0.13% of Jefferies Financial Group worth $11,465,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Jefferies Financial Group in the 3rd quarter worth $200,000. Raymond James & Associates boosted its holdings in Jefferies Financial Group by 41.0% in the 3rd quarter. Raymond James & Associates now owns 157,023 shares of the financial services provider's stock valued at $5,752,000 after purchasing an additional 45,686 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Jefferies Financial Group by 16.3% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 27,024 shares of the financial services provider's stock valued at $990,000 after buying an additional 3,787 shares during the period. Fifth Third Bancorp increased its holdings in shares of Jefferies Financial Group by 16.1% during the 3rd quarter. Fifth Third Bancorp now owns 2,573 shares of the financial services provider's stock worth $94,000 after buying an additional 356 shares during the last quarter. Finally, Panagora Asset Management Inc. lifted its holdings in Jefferies Financial Group by 1.9% in the third quarter. Panagora Asset Management Inc. now owns 46,737 shares of the financial services provider's stock valued at $1,712,000 after acquiring an additional 888 shares during the last quarter. Hedge funds and other institutional investors own 60.88% of the company's stock.

Insider Buying and Selling at Jefferies Financial Group

In other Jefferies Financial Group news, President Brian P. Friedman sold 55,000 shares of Jefferies Financial Group stock in a transaction dated Monday, May 13th. The stock was sold at an average price of $46.30, for a total transaction of $2,546,500.00. Following the completion of the sale, the president now directly owns 2,591,350 shares of the company's stock, valued at approximately $119,979,505. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Jefferies Financial Group news, President Brian P. Friedman sold 55,000 shares of the company's stock in a transaction on Monday, May 13th. The shares were sold at an average price of $46.30, for a total value of $2,546,500.00. Following the completion of the transaction, the president now owns 2,591,350 shares in the company, valued at $119,979,505. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Richard B. Handler sold 1,500,000 shares of Jefferies Financial Group stock in a transaction dated Wednesday, April 24th. The stock was sold at an average price of $43.50, for a total value of $65,250,000.00. Following the sale, the chief executive officer now owns 15,314,150 shares in the company, valued at approximately $666,165,525. The disclosure for this sale can be found here. Insiders own 20.40% of the company's stock.

Wall Street Analysts Forecast Growth

JEF has been the topic of a number of research analyst reports. StockNews.com downgraded Jefferies Financial Group from a "buy" rating to a "hold" rating in a research report on Thursday, May 9th. Oppenheimer boosted their price objective on shares of Jefferies Financial Group from $54.00 to $56.00 and gave the company an "outperform" rating in a report on Tuesday, April 30th. Two equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Jefferies Financial Group has an average rating of "Moderate Buy" and an average price target of $44.00.

Jefferies Financial Group Trading Up 0.0 %

Shares of NYSE JEF traded up $0.01 during trading on Thursday, reaching $47.28. The stock had a trading volume of 677,387 shares, compared to its average volume of 1,031,766. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.91 and a current ratio of 0.91. The company has a market cap of $10.03 billion, a P/E ratio of 38.75 and a beta of 1.36. Jefferies Financial Group Inc. has a fifty-two week low of $29.83 and a fifty-two week high of $47.62. The business's 50-day moving average price is $44.14 and its 200-day moving average price is $40.49.

Jefferies Financial Group (NYSE:JEF - Get Free Report) last issued its quarterly earnings results on Wednesday, March 27th. The financial services provider reported $0.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.76 by $0.11. Jefferies Financial Group had a net margin of 5.90% and a return on equity of 4.41%. The company had revenue of $1.74 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same period in the prior year, the firm earned $0.55 earnings per share. The business's revenue for the quarter was up 35.4% compared to the same quarter last year. On average, equities research analysts predict that Jefferies Financial Group Inc. will post 3.38 EPS for the current fiscal year.

Jefferies Financial Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 30th. Shareholders of record on Monday, May 20th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.54%. The ex-dividend date of this dividend is Friday, May 17th. Jefferies Financial Group's dividend payout ratio is presently 98.36%.

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.