Prescott Group Capital Management L.L.C. Buys Shares of 10,000 Jefferies Financial Group Inc. (NYSE:JEF)

Prescott Group Capital Management L.L.C. bought a new stake in shares of Jefferies Financial Group Inc. (NYSE:JEF – Get Rating) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,000 shares of the financial services provider’s stock, valued at approximately $343,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in JEF. Belpointe Asset Management LLC purchased a new stake in shares of Jefferies Financial Group during the 4th quarter valued at about $25,000. Evermay Wealth Management LLC purchased a new stake in shares of Jefferies Financial Group during the 4th quarter valued at about $34,000. Ellevest Inc. increased its position in shares of Jefferies Financial Group by 34.3% during the 4th quarter. Ellevest Inc. now owns 1,323 shares of the financial services provider’s stock valued at $45,000 after purchasing an additional 338 shares during the last quarter. Guardian Wealth Advisors LLC purchased a new stake in shares of Jefferies Financial Group during the 3rd quarter valued at about $54,000. Finally, Quadrant Capital Group LLC increased its position in shares of Jefferies Financial Group by 87.7% during the 3rd quarter. Quadrant Capital Group LLC now owns 1,926 shares of the financial services provider’s stock valued at $57,000 after purchasing an additional 900 shares during the last quarter. Hedge funds and other institutional investors own 66.04% of the company’s stock.

Jefferies Financial Group Price Performance

JEF traded up $0.23 during trading on Friday, reaching $30.41. 263,744 shares of the company traded hands, compared to its average volume of 1,445,492. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.07 and a current ratio of 1.07. Jefferies Financial Group Inc. has a 12-month low of $25.88 and a 12-month high of $40.80. The firm has a fifty day simple moving average of $30.74 and a 200 day simple moving average of $34.84. The company has a market cap of $7.10 billion, a P/E ratio of 12.90 and a beta of 1.38.

Jefferies Financial Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 26th. Shareholders of record on Monday, May 15th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 3.95%. The ex-dividend date of this dividend is Friday, May 12th. Jefferies Financial Group’s dividend payout ratio (DPR) is currently 51.28%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. StockNews.com assumed coverage on shares of Jefferies Financial Group in a research report on Thursday, May 18th. They set a “hold” rating for the company. Morgan Stanley lowered shares of Jefferies Financial Group from an “equal weight” rating to an “underweight” rating and reduced their target price for the stock from $28.00 to $27.00 in a report on Wednesday, April 12th. Finally, Oppenheimer reduced their target price on shares of Jefferies Financial Group from $42.00 to $40.00 and set an “outperform” rating for the company in a report on Thursday, April 6th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $36.00.

About Jefferies Financial Group

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Jefferies Financial Group, Inc is a holding company, which engages in the provision of financial services. It operates through Investment Banking and Capital Markets, and Asset Management. The Investment Banking and Capital Markets segment provides investment banking, capital markets, and other related services.