Leucadia National Corp. (LUK) Shares Bought by Wells Fargo & Company MN

Wells Fargo & Company MN increased its holdings in Leucadia National Corp. (NYSE:LUK) by 40.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,010,756 shares of the conglomerate’s stock after acquiring an additional 289,421 shares during the quarter. Wells Fargo & Company MN owned about 0.28% of Leucadia National worth $25,522,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of LUK. Sei Investments Co. raised its holdings in Leucadia National by 11.9% in the second quarter. Sei Investments Co. now owns 70,288 shares of the conglomerate’s stock worth $1,839,000 after purchasing an additional 7,473 shares in the last quarter. Retirement Systems of Alabama raised its holdings in Leucadia National by 0.3% in the second quarter. Retirement Systems of Alabama now owns 157,014 shares of the conglomerate’s stock worth $4,107,000 after purchasing an additional 482 shares in the last quarter. Canada Pension Plan Investment Board raised its holdings in Leucadia National by 8.3% in the second quarter. Canada Pension Plan Investment Board now owns 444,223 shares of the conglomerate’s stock worth $11,621,000 after purchasing an additional 34,000 shares in the last quarter. Schwab Charles Investment Management Inc. raised its holdings in Leucadia National by 2.3% in the second quarter. Schwab Charles Investment Management Inc. now owns 1,493,091 shares of the conglomerate’s stock worth $39,060,000 after purchasing an additional 33,207 shares in the last quarter. Finally, Rhumbline Advisers raised its holdings in Leucadia National by 1.5% in the second quarter. Rhumbline Advisers now owns 545,628 shares of the conglomerate’s stock worth $14,274,000 after purchasing an additional 8,122 shares in the last quarter. Institutional investors and hedge funds own 75.11% of the company’s stock.

Leucadia National Corp. (NYSE:LUK) traded up $0.21 on Friday, reaching $25.67. The company’s stock had a trading volume of 2,815,020 shares, compared to its average volume of 1,836,611. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.67 and a current ratio of 0.67. The company has a market capitalization of $9,067.15, a P/E ratio of 16.42, a price-to-earnings-growth ratio of 1.02 and a beta of 1.29. Leucadia National Corp. has a twelve month low of $22.23 and a twelve month high of $27.33.

Leucadia National (NYSE:LUK) last posted its quarterly earnings data on Thursday, October 26th. The conglomerate reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.10. Leucadia National had a return on equity of 5.83% and a net margin of 5.48%. The business had revenue of $2.90 billion during the quarter, compared to the consensus estimate of $2.66 billion. The business’s revenue for the quarter was up 8.2% on a year-over-year basis. sell-side analysts predict that Leucadia National Corp. will post 1.39 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 27th. Stockholders of record on Wednesday, December 13th will be issued a dividend of $0.10 per share. The ex-dividend date is Tuesday, December 12th. This represents a $0.40 annualized dividend and a dividend yield of 1.56%. Leucadia National’s payout ratio is presently 25.81%.

LUK has been the subject of a number of research reports. Zacks Investment Research upgraded Leucadia National from a “sell” rating to a “hold” rating in a report on Tuesday, August 22nd. TheStreet upgraded Leucadia National from a “c+” rating to a “b-” rating in a report on Friday, November 3rd.

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About Leucadia National

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.

Institutional Ownership by Quarter for Leucadia National (NYSE:LUK)

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