Alliancebernstein L.P. lowered its position in Leucadia National Corporation (NYSE:LUK) by 5.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 553,652 shares of the conglomerate’s stock after selling 34,096 shares during the period. Alliancebernstein L.P. owned approximately 0.15% of Leucadia National Corporation worth $14,395,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Leucadia National Corporation by 0.3% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 18,574 shares of the conglomerate’s stock worth $432,000 after buying an additional 49 shares in the last quarter. Wall Street Access Asset Management LLC raised its stake in Leucadia National Corporation by 1.9% in the fourth quarter. Wall Street Access Asset Management LLC now owns 11,262 shares of the conglomerate’s stock worth $262,000 after buying an additional 208 shares in the last quarter. LS Investment Advisors LLC raised its stake in Leucadia National Corporation by 1.4% in the first quarter. LS Investment Advisors LLC now owns 16,905 shares of the conglomerate’s stock worth $440,000 after buying an additional 237 shares in the last quarter. FormulaFolio Investments LLC raised its stake in Leucadia National Corporation by 3.0% in the first quarter. FormulaFolio Investments LLC now owns 12,971 shares of the conglomerate’s stock worth $337,000 after buying an additional 373 shares in the last quarter. Finally, State Treasurer State of Michigan raised its stake in Leucadia National Corporation by 0.4% in the first quarter. State Treasurer State of Michigan now owns 106,346 shares of the conglomerate’s stock worth $2,765,000 after buying an additional 400 shares in the last quarter. Institutional investors own 75.55% of the company’s stock.

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

Shares of Leucadia National Corporation (NYSE:LUK) opened at 26.05 on Friday. Leucadia National Corporation has a one year low of $15.48 and a one year high of $27.34. The stock has a market cap of $9.37 billion, a price-to-earnings ratio of 15.40 and a beta of 1.26. The stock’s 50 day moving average price is $25.15 and its 200 day moving average price is $24.86.

Leucadia National Corporation (NYSE:LUK) last issued its earnings results on Thursday, April 27th. The conglomerate reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.67 by $0.08. The firm had revenue of $2.87 billion during the quarter, compared to the consensus estimate of $2.99 billion. Leucadia National Corporation had a net margin of 5.99% and a return on equity of 6.32%. The company’s revenue was up 42.3% on a year-over-year basis. Analysts forecast that Leucadia National Corporation will post $1.65 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, June 30th. Investors of record on Monday, June 19th will be paid a dividend of $0.0625 per share. The ex-dividend date of this dividend is Thursday, June 15th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.96%. Leucadia National Corporation’s payout ratio is currently 3.57%.

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A number of research firms have weighed in on LUK. Zacks Investment Research lowered Leucadia National Corporation from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 11th. TheStreet upgraded Leucadia National Corporation from a “c” rating to a “b” rating in a report on Friday, May 5th. Finally, BidaskClub upgraded Leucadia National Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, June 13th.

Leucadia National Corporation Company Profile

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.

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