CSat Investment Advisory L.P. Increases Position in Jefferies Financial Group Inc (NYSE:JEF)

CSat Investment Advisory L.P. lifted its position in shares of Jefferies Financial Group Inc (NYSE:JEF) by 34.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,105 shares of the financial services provider’s stock after acquiring an additional 1,051 shares during the quarter. CSat Investment Advisory L.P.’s holdings in Jefferies Financial Group were worth $79,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Pearl River Capital LLC acquired a new position in Jefferies Financial Group during the second quarter worth about $33,000. Captrust Financial Advisors increased its position in shares of Jefferies Financial Group by 185.5% in the second quarter. Captrust Financial Advisors now owns 2,284 shares of the financial services provider’s stock worth $44,000 after acquiring an additional 1,484 shares in the last quarter. Penserra Capital Management LLC acquired a new stake in shares of Jefferies Financial Group in the first quarter worth $101,000. Advisor Group Inc. increased its position in shares of Jefferies Financial Group by 6.5% in the second quarter. Advisor Group Inc. now owns 8,425 shares of the financial services provider’s stock worth $161,000 after acquiring an additional 513 shares in the last quarter. Finally, Glassman Wealth Services increased its position in shares of Jefferies Financial Group by 427.5% in the second quarter. Glassman Wealth Services now owns 9,643 shares of the financial services provider’s stock worth $185,000 after acquiring an additional 7,815 shares in the last quarter. Institutional investors and hedge funds own 71.06% of the company’s stock.

Separately, Keefe, Bruyette & Woods began coverage on shares of Jefferies Financial Group in a report on Thursday, July 11th. They set a “market perform” rating and a $23.00 price target for the company.



JEF opened at $19.95 on Wednesday. The company has a fifty day simple moving average of $19.13 and a 200 day simple moving average of $19.47. The firm has a market cap of $5.84 billion, a price-to-earnings ratio of 24.63 and a beta of 1.45. Jefferies Financial Group Inc has a twelve month low of $16.20 and a twelve month high of $23.31. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 1.03.

Jefferies Financial Group (NYSE:JEF) last released its quarterly earnings results on Wednesday, July 3rd. The financial services provider reported $0.41 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.24 by $0.17. The firm had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.01 billion. The firm’s revenue for the quarter was up 20.9% on a year-over-year basis. On average, analysts forecast that Jefferies Financial Group Inc will post 1.34 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Monday, August 19th were issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 2.51%. The ex-dividend date of this dividend was Friday, August 16th. Jefferies Financial Group’s dividend payout ratio is currently 61.73%.

Jefferies Financial Group Company Profile

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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