Janney Montgomery Scott LLC raised its position in shares of Leucadia National Corporation (NYSE:LUK) by 6.1% during the second quarter, Holdings Channel reports. The institutional investor owned 32,951 shares of the conglomerate’s stock after buying an additional 1,893 shares during the period. Janney Montgomery Scott LLC’s holdings in Leucadia National Corporation were worth $862,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Teachers Advisors LLC boosted its stake in shares of Leucadia National Corporation by 4.8% in the fourth quarter. Teachers Advisors LLC now owns 406,264 shares of the conglomerate’s stock valued at $9,446,000 after buying an additional 18,787 shares during the last quarter. Highbridge Capital Management LLC purchased a new stake in shares of Leucadia National Corporation during the fourth quarter valued at approximately $328,000. Chevy Chase Trust Holdings Inc. boosted its stake in shares of Leucadia National Corporation by 3.1% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 279,159 shares of the conglomerate’s stock valued at $7,258,000 after buying an additional 8,406 shares during the last quarter. Creative Planning boosted its stake in shares of Leucadia National Corporation by 3.4% in the first quarter. Creative Planning now owns 12,261 shares of the conglomerate’s stock valued at $319,000 after buying an additional 401 shares during the last quarter. Finally, Gulf International Bank UK Ltd boosted its stake in shares of Leucadia National Corporation by 2.1% in the first quarter. Gulf International Bank UK Ltd now owns 93,568 shares of the conglomerate’s stock valued at $2,432,000 after buying an additional 1,900 shares during the last quarter. Institutional investors own 75.48% of the company’s stock.

Shares of Leucadia National Corporation (NYSE LUK) opened at 24.91 on Tuesday. Leucadia National Corporation has a 52 week low of $17.87 and a 52 week high of $27.33. The company has a 50 day moving average price of $26.25 and a 200 day moving average price of $25.67. The company has a market cap of $8.93 billion, a PE ratio of 14.77 and a beta of 1.25.

Leucadia National Corporation (NYSE:LUK) last announced its earnings results on Thursday, July 27th. The conglomerate reported $0.16 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.30 by $0.14. Leucadia National Corporation had a net margin of 5.94% and a return on equity of 6.27%. The firm had revenue of $2.73 billion during the quarter, compared to analyst estimates of $2.65 billion. During the same period in the prior year, the business posted $0.15 EPS. The firm’s quarterly revenue was up 4.1% compared to the same quarter last year. On average, equities analysts expect that Leucadia National Corporation will post $1.29 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Monday, September 18th will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date of this dividend is Friday, September 15th. This is a positive change from Leucadia National Corporation’s previous quarterly dividend of $0.06. Leucadia National Corporation’s dividend payout ratio (DPR) is currently 3.55%.

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Several brokerages recently commented on LUK. BidaskClub cut Leucadia National Corporation from a “sell” rating to a “strong sell” rating in a research note on Friday. Zacks Investment Research cut Leucadia National Corporation from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 11th. Finally, TheStreet raised Leucadia National Corporation from a “c” rating to a “b” rating in a research note on Friday, May 5th.

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

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