Jefferies Monetary Group Worth Efficiency
Jefferies Financial Group stock opened at $37.45 on Friday. Jefferies Monetary Group has a 12 month low of $25.88 and a 12 month excessive of $41.49. The corporate has a present ratio of two.11, a fast ratio of two.11 and a debt-to-equity ratio of 0.96. The corporate has a market capitalization of $8.57 billion, a PE ratio of 10.23 and a beta of 1.40. The inventory has a 50-day shifting common worth of $35.96 and a two-hundred day shifting common worth of $33.03.
Insider Shopping for and Promoting
In associated information, President Brian P. Friedman offered 500,000 shares of the agency’s inventory in a transaction that occurred on Monday, October twenty fourth. The inventory was offered at a median worth of $32.85, for a complete transaction of $16,425,000.00. Following the completion of the sale, the president now owns 6,722,213 shares of the corporate’s inventory, valued at $220,824,697.05. The transaction was disclosed in a authorized submitting with the Securities & Trade Fee, which is on the market at the SEC website. 17.90% of the inventory is presently owned by insiders.
Institutional Buyers Weigh In On Jefferies Monetary Group
Giant buyers have just lately added to or decreased their stakes within the enterprise. Covington Capital Administration grew its stake in Jefferies Monetary Group by 27.8% throughout the third quarter. Covington Capital Administration now owns 2,525 shares of the monetary providers supplier’s inventory price $74,000 after buying a further 550 shares throughout the interval. Covestor Ltd grew its stake in Jefferies Monetary Group by 67.1% within the first quarter. Covestor Ltd now owns 2,756 shares of the monetary providers supplier’s inventory valued at $91,000 after buying a further 1,107 shares throughout the interval. Pearl River Capital LLC acquired a brand new stake in Jefferies Monetary Group within the first quarter valued at roughly $205,000. Ontario Lecturers Pension Plan Board acquired a brand new stake in Jefferies Monetary Group within the first quarter valued at roughly $225,000. Lastly, Ethic Inc. grew its stake in Jefferies Monetary Group by 37.2% within the first quarter. Ethic Inc. now owns 7,679 shares of the monetary providers supplier’s inventory valued at $252,000 after buying a further 2,081 shares throughout the interval. Institutional buyers and hedge funds personal 66.04% of the corporate’s inventory.
Analysts Set New Worth Targets
A variety of brokerages have just lately issued reviews on JEF. StockNews.com started protection on Jefferies Monetary Group in a analysis report on Wednesday, October twelfth. They set a “maintain” ranking for the corporate. Keefe, Bruyette & Woods downgraded Jefferies Monetary Group from an “outperform” ranking to a “market carry out” ranking and lowered their worth goal for the inventory from $38.00 to $37.00 in a analysis report on Wednesday, December twenty first. Lastly, Oppenheimer lowered their worth goal on Jefferies Monetary Group to $46.00 in a analysis report on Wednesday, October fifth. Three funding analysts have rated the inventory with a maintain ranking and two have issued a purchase ranking to the corporate’s inventory. In line with MarketBeat, the corporate presently has a median ranking of “Maintain” and a consensus goal worth of $37.00.
Jefferies Monetary Group Firm Profile
Jefferies Monetary Group Inc engages within the funding banking and capital markets, and asset administration companies within the Americas, Europe, the Center East, Africa, and Asia. The corporate operates in Funding Banking and Capital Markets, Asset Administration, Service provider Banking, and Company segments. It gives funding banking, advisory providers with respect to mergers or acquisitions, restructurings or recapitalizations and personal capital advisory transactions; fairness and debt underwriting; and company lending.
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