Public Employees Retirement System of Ohio reduced its stake in Leucadia National Corp. (NYSE:LUK) by 3.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 138,660 shares of the conglomerate’s stock after selling 4,333 shares during the period. Public Employees Retirement System of Ohio’s holdings in Leucadia National were worth $3,501,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of LUK. Schwab Charles Investment Management Inc. grew its stake in Leucadia National by 2.3% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 1,493,091 shares of the conglomerate’s stock worth $39,060,000 after acquiring an additional 33,207 shares in the last quarter. Blair William & Co. IL grew its stake in Leucadia National by 137.9% in the 2nd quarter. Blair William & Co. IL now owns 25,834 shares of the conglomerate’s stock worth $676,000 after acquiring an additional 14,974 shares in the last quarter. Federated Investors Inc. PA grew its stake in Leucadia National by 0.3% in the 2nd quarter. Federated Investors Inc. PA now owns 16,014 shares of the conglomerate’s stock worth $419,000 after acquiring an additional 52 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. grew its stake in Leucadia National by 7.8% in the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 995,853 shares of the conglomerate’s stock worth $26,052,000 after acquiring an additional 72,080 shares in the last quarter. Finally, Aviva PLC grew its stake in Leucadia National by 1.2% in the 2nd quarter. Aviva PLC now owns 197,122 shares of the conglomerate’s stock worth $5,157,000 after acquiring an additional 2,390 shares in the last quarter. Institutional investors and hedge funds own 74.86% of the company’s stock.

Leucadia National Corp. (NYSE:LUK) opened at $26.65 on Friday. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.67 and a quick ratio of 0.67. The company has a market cap of $9,416.30, a PE ratio of 17.05, a price-to-earnings-growth ratio of 0.92 and a beta of 1.29. Leucadia National Corp. has a one year low of $22.23 and a one year high of $27.33.

Leucadia National (NYSE:LUK) last released its quarterly earnings data on Thursday, October 26th. The conglomerate reported $0.27 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.17 by $0.10. Leucadia National had a net margin of 5.48% and a return on equity of 5.83%. The firm had revenue of $2.90 billion for the quarter, compared to the consensus estimate of $2.66 billion. The firm’s quarterly revenue was up 8.2% on a year-over-year basis. sell-side analysts anticipate that Leucadia National Corp. will post 1.59 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 27th. Stockholders of record on Wednesday, December 13th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, December 12th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.50%. Leucadia National’s dividend payout ratio is presently 25.81%.

A number of equities analysts have commented on the stock. TheStreet upgraded shares of Leucadia National from a “c+” rating to a “b-” rating in a research note on Friday, November 3rd. Zacks Investment Research upgraded shares of Leucadia National from a “hold” rating to a “buy” rating and set a $28.00 target price on the stock in a research note on Tuesday, October 10th.

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Leucadia National 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.

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

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