Aviva PLC Has $1.94 Million Holdings in Jefferies Financial Group Inc (JEF)

Aviva PLC lessened its stake in Jefferies Financial Group Inc (NYSE:JEF) by 26.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 111,819 shares of the financial services provider’s stock after selling 40,613 shares during the quarter. Aviva PLC’s holdings in Jefferies Financial Group were worth $1,941,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in JEF. Thompson Siegel & Walmsley LLC boosted its holdings in Jefferies Financial Group by 259.8% in the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 3,753,730 shares of the financial services provider’s stock worth $82,432,000 after acquiring an additional 2,710,533 shares during the period. Oregon Public Employees Retirement Fund raised its position in shares of Jefferies Financial Group by 2,023.7% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,564,310 shares of the financial services provider’s stock valued at $90,000 after purchasing an additional 1,490,652 shares in the last quarter. United Services Automobile Association acquired a new position in shares of Jefferies Financial Group in the 3rd quarter valued at approximately $25,280,000. Private Capital Management LLC acquired a new position in shares of Jefferies Financial Group in the 3rd quarter valued at approximately $23,362,000. Finally, Prudential Financial Inc. raised its position in shares of Jefferies Financial Group by 272.0% in the 3rd quarter. Prudential Financial Inc. now owns 1,254,540 shares of the financial services provider’s stock valued at $27,550,000 after purchasing an additional 917,266 shares in the last quarter. Hedge funds and other institutional investors own 78.85% of the company’s stock.

Shares of JEF opened at $19.47 on Friday. Jefferies Financial Group Inc has a 52-week low of $16.20 and a 52-week high of $25.07. The company has a market capitalization of $5.86 billion, a price-to-earnings ratio of 11.80 and a beta of 1.35. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.94.

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 28th. Shareholders of record on Friday, February 15th were given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.57%. The ex-dividend date of this dividend was Thursday, February 14th. Jefferies Financial Group’s payout ratio is 30.30%.

A number of brokerages have issued reports on JEF. Zacks Investment Research lowered Jefferies Financial Group from a “hold” rating to a “sell” rating in a research report on Friday. ValuEngine lowered Jefferies Financial Group from a “hold” rating to a “sell” rating in a research report on Tuesday, March 5th. Finally, Oppenheimer cut their target price on Jefferies Financial Group from $32.00 to $30.00 in a research report on Friday, January 11th.

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About Jefferies Financial Group

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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