Savant Capital LLC purchased a new stake in Leucadia National Corporation (NYSE:LUK) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,715 shares of the conglomerate’s stock, valued at approximately $202,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in LUK. Vanguard Group Inc. raised its position in shares of Leucadia National Corporation by 5.0% in the first quarter. Vanguard Group Inc. now owns 31,656,362 shares of the conglomerate’s stock valued at $823,066,000 after buying an additional 1,511,066 shares during the last quarter. BlackRock Inc. raised its position in shares of Leucadia National Corporation by 3,309.8% in the first quarter. BlackRock Inc. now owns 19,514,207 shares of the conglomerate’s stock valued at $507,370,000 after buying an additional 18,941,908 shares during the last quarter. State Street Corp raised its position in shares of Leucadia National Corporation by 1.6% in the first quarter. State Street Corp now owns 14,774,468 shares of the conglomerate’s stock valued at $384,140,000 after buying an additional 229,806 shares during the last quarter. Baillie Gifford & Co. raised its position in shares of Leucadia National Corporation by 107.7% in the first quarter. Baillie Gifford & Co. now owns 14,415,651 shares of the conglomerate’s stock valued at $374,807,000 after buying an additional 7,475,015 shares during the last quarter. Finally, Great West Life Assurance Co. Can raised its position in shares of Leucadia National Corporation by 1.9% in the second quarter. Great West Life Assurance Co. Can now owns 5,300,548 shares of the conglomerate’s stock valued at $138,357,000 after buying an additional 98,211 shares during the last quarter. Institutional investors and hedge funds own 75.48% of the company’s stock.

Leucadia National Corporation (NYSE:LUK) opened at 24.75 on Wednesday. The firm has a 50-day moving average price of $26.24 and a 200 day moving average price of $25.68. The company has a market cap of $8.88 billion, a price-to-earnings ratio of 14.67 and a beta of 1.25. Leucadia National Corporation has a one year low of $17.87 and a one year high of $27.33.

Leucadia National Corporation (NYSE:LUK) last posted its earnings results on Thursday, July 27th. The conglomerate reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by $0.14. Leucadia National Corporation had a return on equity of 6.27% and a net margin of 5.94%. The firm had revenue of $2.73 billion for the quarter, compared to analysts’ expectations of $2.65 billion. During the same quarter last year, the company posted $0.15 EPS. The firm’s revenue was up 4.1% on a year-over-year basis. Equities analysts expect that Leucadia National Corporation will post $1.29 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Monday, September 18th will be issued a dividend of $0.10 per share. This is an increase from Leucadia National Corporation’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend is Friday, September 15th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.62%. Leucadia National Corporation’s dividend payout ratio is 3.55%.

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Several research analysts have issued reports on LUK shares. TheStreet upgraded Leucadia National Corporation from a “c” rating to a “b” rating in a report on Friday, May 5th. Zacks Investment Research lowered Leucadia National Corporation from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 11th. Finally, BidaskClub lowered Leucadia National Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, August 2nd.

About Leucadia National Corporation

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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