Trexquant Investment LP cut its stake in Jefferies Financial Group Inc (NYSE:JEF) by 91.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,600 shares of the financial services provider’s stock after selling 152,735 shares during the period. Trexquant Investment LP’s holdings in Jefferies Financial Group were worth $321,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of JEF. Wells Fargo & Company MN purchased a new position in Jefferies Financial Group in the second quarter worth approximately $12,917,000. Great West Life Assurance Co. Can purchased a new position in Jefferies Financial Group in the second quarter worth approximately $134,713,000. Janus Henderson Group PLC acquired a new position in Jefferies Financial Group during the second quarter worth $2,871,000. FMR LLC acquired a new position in Jefferies Financial Group during the second quarter worth $1,280,000. Finally, Raymond James & Associates acquired a new position in Jefferies Financial Group during the second quarter worth $6,278,000. Institutional investors and hedge funds own 76.98% of the company’s stock.

NYSE:JEF opened at $19.02 on Friday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.57 and a current ratio of 0.57. Jefferies Financial Group Inc has a 52 week low of $18.85 and a 52 week high of $28.30. The firm has a market cap of $6.32 billion, a price-to-earnings ratio of 11.53 and a beta of 1.03.

Jefferies Financial Group (NYSE:JEF) last released its quarterly earnings results on Thursday, October 25th. The financial services provider reported $0.55 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.03). Jefferies Financial Group had a return on equity of 5.07% and a net margin of 10.07%. The firm had revenue of $1.15 billion for the quarter, compared to analyst estimates of $869.80 million. As a group, analysts anticipate that Jefferies Financial Group Inc will post 1.27 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, November 30th. Shareholders of record on Monday, November 19th were paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 2.63%. The ex-dividend date was Friday, November 16th. Jefferies Financial Group’s dividend payout ratio (DPR) is 30.30%.

A number of research analysts have commented on JEF shares. Zacks Investment Research cut Jefferies Financial Group from a “buy” rating to a “hold” rating in a research note on Friday, September 7th. Keefe, Bruyette & Woods started coverage on Jefferies Financial Group in a research note on Monday, August 20th. They set an “outperform” rating and a $29.00 price target on the stock.

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Jefferies Financial Group Profile

Jefferies Financial Group Inc, a financial services company, offers a range of products and services in investment banking, equities, fixed income, and wealth management in the Americas, Europe, and Asia. It engages in the debt capital market, equity capital market, merger and acquisition, private capital advisory, and restructuring and recapitalization businesses.

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Institutional Ownership by Quarter for Jefferies Financial Group (NYSE:JEF)

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