Blankinship & Foster LLC Invests $206,000 in Jefferies Financial Group Inc. (NYSE:JEF)

Blankinship & Foster LLC purchased a new stake in Jefferies Financial Group Inc. (NYSE:JEF) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 4,146 shares of the financial services provider’s stock, valued at approximately $206,000.

Other institutional investors have also recently bought and sold shares of the company. Rothschild Investment LLC bought a new stake in Jefferies Financial Group during the 2nd quarter worth about $25,000. Massmutual Trust Co. FSB ADV grew its position in shares of Jefferies Financial Group by 75.7% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 520 shares of the financial services provider’s stock worth $26,000 after buying an additional 224 shares during the period. Versant Capital Management Inc raised its stake in shares of Jefferies Financial Group by 1,993.8% during the second quarter. Versant Capital Management Inc now owns 670 shares of the financial services provider’s stock worth $33,000 after buying an additional 638 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in Jefferies Financial Group in the second quarter valued at approximately $48,000. Finally, Daiwa Securities Group Inc. bought a new position in Jefferies Financial Group in the second quarter valued at approximately $80,000. Institutional investors own 60.88% of the company’s stock.

Jefferies Financial Group Trading Up 0.7 %

Shares of NYSE JEF opened at $62.49 on Wednesday. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. Jefferies Financial Group Inc. has a twelve month low of $31.38 and a twelve month high of $62.98. The company’s fifty day moving average is $57.37 and its 200-day moving average is $49.88. The stock has a market cap of $12.84 billion, a price-to-earnings ratio of 34.53 and a beta of 1.32.

Jefferies Financial Group (NYSE:JEF) last posted its earnings results on Wednesday, June 26th. The financial services provider reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.01. Jefferies Financial Group had a return on equity of 5.37% and a net margin of 7.82%. The firm had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.59 billion. During the same period in the previous year, the company posted $0.29 earnings per share. The company’s revenue for the quarter was up 59.6% on a year-over-year basis. Equities research analysts predict that Jefferies Financial Group Inc. will post 3.23 EPS for the current year.

Insider Transactions at Jefferies Financial Group

In other Jefferies Financial Group news, Director Mitsui Financial Grou Sumitomo acquired 9,247,081 shares of the firm’s stock in a transaction that occurred on Thursday, September 19th. The stock was acquired at an average cost of $59.67 per share, for a total transaction of $551,773,323.27. Following the transaction, the director now owns 9,247,081 shares of the company’s stock, valued at $551,773,323.27. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 20.40% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several analysts have commented on JEF shares. Oppenheimer upped their target price on shares of Jefferies Financial Group from $64.00 to $66.00 and gave the company an “outperform” rating in a research report on Friday, September 13th. UBS Group began coverage on Jefferies Financial Group in a report on Tuesday, September 17th. They issued a “buy” rating and a $67.00 price objective for the company. StockNews.com lowered Jefferies Financial Group from a “buy” rating to a “hold” rating in a research note on Friday, June 21st. Finally, Morgan Stanley boosted their target price on Jefferies Financial Group from $59.00 to $64.00 and gave the stock an “equal weight” rating in a research report on Monday.

Jefferies Financial Group Company Profile

Jefferies Financial Group Inc operates as an investment banking and capital markets firm in the Americas, Europe, the Middle East, and the Asia-Pacific. The company operates in two segments, Investment Banking and Capital Markets, and Asset Management. It provides investment banking, advisory services with respect to mergers or acquisitions, debt financing, restructurings or recapitalizations, and private capital advisory transactions; underwriting and placement services related to corporate debt, municipal bonds, mortgage-backed and asset-backed securities, equity and equity-linked securities, and loan syndication services; and corporate lending services.