Sumitomo Mitsui Trust Holdings Inc. Decreases Holdings in Jefferies Financial Group Inc (NYSE:JEF)

Sumitomo Mitsui Trust Holdings Inc. cut its holdings in shares of Jefferies Financial Group Inc (NYSE:JEF) by 1.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,077,887 shares of the financial services provider’s stock after selling 12,126 shares during the quarter. Sumitomo Mitsui Trust Holdings Inc. owned 0.36% of Jefferies Financial Group worth $19,833,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of JEF. Private Capital Management LLC raised its stake in shares of Jefferies Financial Group by 3.3% during the first quarter. Private Capital Management LLC now owns 1,186,524 shares of the financial services provider’s stock worth $22,295,000 after acquiring an additional 38,195 shares in the last quarter. FMR LLC raised its stake in shares of Jefferies Financial Group by 1,500.1% during the first quarter. FMR LLC now owns 1,240,071 shares of the financial services provider’s stock worth $23,301,000 after acquiring an additional 1,162,570 shares in the last quarter. Amundi Pioneer Asset Management Inc. raised its stake in shares of Jefferies Financial Group by 99.6% during the first quarter. Amundi Pioneer Asset Management Inc. now owns 296,510 shares of the financial services provider’s stock worth $5,572,000 after acquiring an additional 147,950 shares in the last quarter. RK Asset Management LLC raised its stake in shares of Jefferies Financial Group by 0.6% during the second quarter. RK Asset Management LLC now owns 315,685 shares of the financial services provider’s stock worth $6,071,000 after acquiring an additional 2,000 shares in the last quarter. Finally, South Texas Money Management Ltd. raised its stake in shares of Jefferies Financial Group by 3.6% during the second quarter. South Texas Money Management Ltd. now owns 1,545,728 shares of the financial services provider’s stock worth $29,724,000 after acquiring an additional 53,783 shares in the last quarter. 71.15% of the stock is currently owned by hedge funds and other institutional investors.

JEF stock opened at $19.49 on Friday. The company has a market capitalization of $5.89 billion, a PE ratio of 24.06 and a beta of 1.45. Jefferies Financial Group Inc has a one year low of $16.20 and a one year high of $22.32. The company’s 50 day moving average price is $18.68 and its two-hundred day moving average price is $19.27. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.43 and a current ratio of 1.43.

Jefferies Financial Group (NYSE:JEF) last posted its quarterly earnings results on Thursday, September 26th. The financial services provider reported $0.15 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.19). The business had revenue of $857.00 million for the quarter, compared to analysts’ expectations of $1.02 billion. The business’s quarterly revenue was down 25.5% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.06) earnings per share. On average, research analysts predict that Jefferies Financial Group Inc will post 1.03 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Monday, November 18th will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 2.57%. The ex-dividend date of this dividend is Friday, November 15th. Jefferies Financial Group’s dividend payout ratio is 64.20%.

About Jefferies Financial Group

Jefferies Financial Group Inc, a financial services company, engages in investment banking and capital markets, asset management, and direct investing businesses in the Americas, Europe, and Asia. the company also offers equities research, sales, and trading services; equity finance services comprising financing, securities lending, and other prime brokerage services; and wealth management services to high net worth individuals, their families and businesses, private equity and venture funds, and small institutions.

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Institutional Ownership by Quarter for Jefferies Financial Group (NYSE:JEF)

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