Robotti Robert cut its holdings in Leucadia National Corp. (NYSE:LUK) by 1.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 577,516 shares of the conglomerate’s stock after selling 10,266 shares during the quarter. Leucadia National accounts for 4.0% of Robotti Robert’s investment portfolio, making the stock its 8th biggest holding. Robotti Robert’s holdings in Leucadia National were worth $15,298,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also modified their holdings of LUK. Cerebellum GP LLC acquired a new position in Leucadia National in the fourth quarter valued at approximately $127,000. NEXT Financial Group Inc acquired a new position in Leucadia National in the third quarter valued at approximately $134,000. Arthur M. Cohen & Associates LLC acquired a new position in Leucadia National in the fourth quarter valued at approximately $202,000. Savant Capital LLC acquired a new position in Leucadia National in the fourth quarter valued at approximately $204,000. Finally, Commerzbank Aktiengesellschaft FI acquired a new position in Leucadia National in the fourth quarter valued at approximately $220,000. 74.36% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities analysts have recently weighed in on the company. Zacks Investment Research raised Leucadia National from a “hold” rating to a “buy” rating and set a $28.00 target price on the stock in a research report on Wednesday, February 7th. TheStreet raised Leucadia National from a “c+” rating to a “b-” rating in a research report on Friday, November 3rd.

Leucadia National Corp. (NYSE LUK) opened at $24.60 on Wednesday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 1.02. Leucadia National Corp. has a 12-month low of $22.23 and a 12-month high of $28.30. The firm has a market capitalization of $8,849.82, a P/E ratio of 15.87, a PEG ratio of 0.85 and a beta of 1.24.

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Leucadia National 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 (NYSE:LUK)

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