Bokf Na Takes Position in Jefferies Financial Group Inc (JEF)

Bokf Na purchased a new stake in Jefferies Financial Group Inc (NYSE:JEF) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 46,448 shares of the financial services provider’s stock, valued at approximately $806,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of JEF. Robeco Institutional Asset Management B.V. grew its position in shares of Jefferies Financial Group by 797.1% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 208,973 shares of the financial services provider’s stock worth $4,590,000 after buying an additional 185,679 shares in the last quarter. Wells Fargo & Company MN grew its position in shares of Jefferies Financial Group by 63.2% during the 3rd quarter. Wells Fargo & Company MN now owns 927,261 shares of the financial services provider’s stock worth $20,363,000 after buying an additional 359,237 shares in the last quarter. Skandinaviska Enskilda Banken AB publ bought a new position in shares of Jefferies Financial Group during the 3rd quarter worth $403,000. SG Americas Securities LLC grew its position in shares of Jefferies Financial Group by 48.7% during the 3rd quarter. SG Americas Securities LLC now owns 79,250 shares of the financial services provider’s stock worth $1,740,000 after buying an additional 25,959 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. grew its position in shares of Jefferies Financial Group by 0.8% during the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 977,533 shares of the financial services provider’s stock worth $21,467,000 after buying an additional 7,768 shares in the last quarter. 78.54% of the stock is currently owned by institutional investors.

JEF has been the topic of a number of recent research reports. Zacks Investment Research raised Jefferies Financial Group from a “sell” rating to a “hold” rating in a research report on Thursday, December 6th. Oppenheimer dropped their price objective on Jefferies Financial Group from $32.00 to $30.00 in a research report on Friday, January 11th. Finally, ValuEngine downgraded Jefferies Financial Group from a “hold” rating to a “sell” rating in a research report on Tuesday, March 5th.

Shares of JEF stock opened at $19.75 on Wednesday. Jefferies Financial Group Inc has a 1-year low of $16.20 and a 1-year high of $25.07. The stock has a market cap of $6.02 billion, a P/E ratio of 13.72 and a beta of 1.35. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.36 and a current ratio of 1.36.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 28th. Investors of record on Friday, February 15th were given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date was Thursday, February 14th. Jefferies Financial Group’s payout ratio is currently 30.30%.

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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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