Caxton Associates LP Purchases 16,100 Shares of Jefferies Financial Group Inc. (NYSE:JEF)

Caxton Associates LP raised its position in Jefferies Financial Group Inc. (NYSE:JEF) by 39.9% in the 2nd quarter, Holdings Channel reports. The firm owned 56,431 shares of the financial services provider’s stock after buying an additional 16,100 shares during the quarter. Caxton Associates LP’s holdings in Jefferies Financial Group were worth $2,808,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of JEF. Rothschild Investment LLC bought a new stake in shares of Jefferies Financial Group during the 2nd quarter valued at about $25,000. Massmutual Trust Co. FSB ADV grew its stake in Jefferies Financial Group by 75.7% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 520 shares of the financial services provider’s stock worth $26,000 after buying an additional 224 shares in the last quarter. Versant Capital Management Inc increased its holdings in shares of Jefferies Financial Group by 1,993.8% in the 2nd quarter. Versant Capital Management Inc now owns 670 shares of the financial services provider’s stock worth $33,000 after buying an additional 638 shares during the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Jefferies Financial Group during the 2nd quarter valued at $48,000. Finally, Daiwa Securities Group Inc. bought a new stake in shares of Jefferies Financial Group during the 2nd quarter worth $80,000. 60.88% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, Director Mitsui Financial Grou Sumitomo purchased 9,247,081 shares of the company’s stock in a transaction on Thursday, September 19th. The stock was acquired at an average price of $59.67 per share, with a total value of $551,773,323.27. Following the transaction, the director now directly owns 9,247,081 shares of the company’s stock, valued at approximately $551,773,323.27. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 20.40% of the stock is owned by insiders.

Jefferies Financial Group Trading Up 0.7 %

NYSE JEF opened at $62.49 on Wednesday. The firm has a market cap of $12.84 billion, a PE ratio of 34.53 and a beta of 1.32. Jefferies Financial Group Inc. has a 1-year low of $31.38 and a 1-year high of $62.98. The stock has a 50-day moving average of $57.37 and a 200-day moving average of $49.88. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 1.28.

Jefferies Financial Group (NYSE:JEF) last announced its quarterly earnings data on Wednesday, June 26th. The financial services provider reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.01. Jefferies Financial Group had a return on equity of 5.37% and a net margin of 7.82%. The firm had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.59 billion. During the same quarter in the previous year, the company posted $0.29 earnings per share. The business’s revenue was up 59.6% on a year-over-year basis. As a group, sell-side analysts forecast that Jefferies Financial Group Inc. will post 3.23 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms recently commented on JEF. Morgan Stanley increased their target price on Jefferies Financial Group from $59.00 to $64.00 and gave the company an “equal weight” rating in a research note on Monday. StockNews.com cut Jefferies Financial Group from a “buy” rating to a “hold” rating in a report on Friday, June 21st. Oppenheimer raised their price objective on Jefferies Financial Group from $64.00 to $66.00 and gave the company an “outperform” rating in a report on Friday, September 13th. Finally, UBS Group began coverage on Jefferies Financial Group in a research note on Tuesday, September 17th. They issued a “buy” rating and a $67.00 target price for the company.

About Jefferies Financial Group

Jefferies Financial Group Inc operates as an investment banking and capital markets firm in the Americas, Europe, the Middle East, and the Asia-Pacific. The company operates in two segments, Investment Banking and Capital Markets, and Asset Management. It provides investment banking, advisory services with respect to mergers or acquisitions, debt financing, restructurings or recapitalizations, and private capital advisory transactions; underwriting and placement services related to corporate debt, municipal bonds, mortgage-backed and asset-backed securities, equity and equity-linked securities, and loan syndication services; and corporate lending services.