Ronald Blue Trust Inc. Has $43,000 Position in Jefferies Financial Group Inc. (NYSE:JEF)

Ronald Blue Trust Inc. boosted its holdings in shares of Jefferies Financial Group Inc. (NYSE:JEFGet Rating) by 332.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,556 shares of the financial services provider’s stock after buying an additional 1,196 shares during the period. Ronald Blue Trust Inc.’s holdings in Jefferies Financial Group were worth $43,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of JEF. Charles Schwab Investment Management Inc. boosted its stake in Jefferies Financial Group by 201.2% during the first quarter. Charles Schwab Investment Management Inc. now owns 3,328,739 shares of the financial services provider’s stock worth $109,350,000 after buying an additional 2,223,630 shares in the last quarter. First Trust Advisors LP boosted its stake in shares of Jefferies Financial Group by 44.6% in the 1st quarter. First Trust Advisors LP now owns 7,152,883 shares of the financial services provider’s stock valued at $234,972,000 after purchasing an additional 2,207,065 shares in the last quarter. Renaissance Technologies LLC boosted its stake in shares of Jefferies Financial Group by 187.0% in the 1st quarter. Renaissance Technologies LLC now owns 657,289 shares of the financial services provider’s stock valued at $21,592,000 after purchasing an additional 428,300 shares in the last quarter. Mackenzie Financial Corp boosted its stake in shares of Jefferies Financial Group by 1,276.8% in the 2nd quarter. Mackenzie Financial Corp now owns 320,276 shares of the financial services provider’s stock valued at $8,846,000 after purchasing an additional 297,013 shares in the last quarter. Finally, Moerus Capital Management LLC boosted its stake in shares of Jefferies Financial Group by 49.1% in the 1st quarter. Moerus Capital Management LLC now owns 880,471 shares of the financial services provider’s stock valued at $28,923,000 after purchasing an additional 289,986 shares in the last quarter. Institutional investors and hedge funds own 66.04% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Oppenheimer cut their price target on Jefferies Financial Group to $46.00 in a report on Wednesday, October 5th. StockNews.com started coverage on Jefferies Financial Group in a report on Wednesday, October 12th. They set a “hold” rating for the company. Finally, Keefe, Bruyette & Woods cut Jefferies Financial Group from an “outperform” rating to a “market perform” rating and dropped their price objective for the stock from $38.00 to $37.00 in a report on Wednesday, December 21st. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $37.00.

Insiders Place Their Bets

In other news, President Brian P. Friedman sold 500,000 shares of the business’s stock in a transaction dated Monday, October 24th. The stock was sold at an average price of $32.85, for a total transaction of $16,425,000.00. Following the completion of the transaction, the president now directly owns 6,722,213 shares in the company, valued at approximately $220,824,697.05. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 17.90% of the company’s stock.

Jefferies Financial Group Stock Performance

Shares of NYSE:JEF opened at $38.68 on Thursday. The stock has a market capitalization of $8.85 billion, a P/E ratio of 10.57 and a beta of 1.40. Jefferies Financial Group Inc. has a 1-year low of $25.88 and a 1-year high of $41.49. The company has a current ratio of 2.11, a quick ratio of 2.11 and a debt-to-equity ratio of 0.96. The business has a 50-day moving average price of $35.83 and a two-hundred day moving average price of $32.88.

Jefferies Financial Group Profile

(Get Rating)

Jefferies Financial Group Inc engages in the investment banking and capital markets, and asset management businesses in the Americas, Europe, the Middle East, Africa, and Asia. The company operates in Investment Banking and Capital Markets, Asset Management, Merchant Banking, and Corporate segments. It provides investment banking, advisory services with respect to mergers or acquisitions, restructurings or recapitalizations and private capital advisory transactions; equity and debt underwriting; and corporate lending.

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

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