Sunbelt Securities Inc. held its stake in Leucadia National Corporation (NYSE:LUK) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,758 shares of the conglomerate’s stock at the end of the second quarter. Sunbelt Securities Inc.’s holdings in Leucadia National Corporation were worth $334,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also made changes to their positions in LUK. Ameritas Investment Partners Inc. acquired a new position in Leucadia National Corporation in the first quarter valued at approximately $202,000. Savant Capital LLC acquired a new position in Leucadia National Corporation in the second quarter valued at approximately $202,000. Eagle Global Advisors LLC acquired a new position in Leucadia National Corporation in the second quarter valued at approximately $219,000. Two Sigma Securities LLC acquired a new position in Leucadia National Corporation in the first quarter valued at approximately $227,000. Finally, Profund Advisors LLC acquired a new position in Leucadia National Corporation in the second quarter valued at approximately $239,000. 74.66% of the stock is owned by hedge funds and other institutional investors.
Leucadia National Corporation (NYSE LUK) traded up 0.16% during midday trading on Thursday, hitting $25.31. The stock had a trading volume of 594,782 shares. Leucadia National Corporation has a 12-month low of $17.87 and a 12-month high of $27.33. The company has a market cap of $9.08 billion, a price-to-earnings ratio of 15.00 and a beta of 1.27. The company has a 50-day moving average price of $24.14 and a 200-day moving average price of $25.27.
Leucadia National Corporation (NYSE:LUK) last issued its earnings results on Thursday, July 27th. The conglomerate reported $0.16 EPS for the quarter, missing the consensus estimate of $0.30 by ($0.14). The firm had revenue of $2.73 billion during the quarter, compared to analyst estimates of $2.65 billion. Leucadia National Corporation had a return on equity of 6.27% and a net margin of 5.94%. Leucadia National Corporation’s revenue was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.15 EPS. Equities analysts anticipate that Leucadia National Corporation will post $1.31 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Monday, September 18th were given a $0.10 dividend. This is a positive change from Leucadia National Corporation’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend was Friday, September 15th. This represents a $0.40 annualized dividend and a dividend yield of 1.58%. Leucadia National Corporation’s dividend payout ratio (DPR) is presently 23.67%.
LUK has been the subject of a number of research analyst reports. Zacks Investment Research raised Leucadia National Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, August 22nd. BidaskClub downgraded Leucadia National Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, August 2nd.
About Leucadia National Corporation
Leucadia National Corporation (Leucadia) is a diversified holding company focused on return on investment and long-term value. The Company’s segments, based on requirements are Jefferies, National Beef, and Corporate and other. Jefferies is a global full-service, integrated securities and investment banking firm.
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