|Bid||19.00 x 900|
|Ask||0.00 x 3200|
|Day's Range||20.94 - 21.31|
|52 Week Range||16.20 - 25.07|
|Beta (3Y Monthly)||1.71|
|PE Ratio (TTM)||6.63|
|Earnings Date||Jul 24, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||0.50 (2.34%)|
|1y Target Est||28.00|
Jefferies Financial Group Inc NYSE:JEFView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is low for JEF with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding JEF are favorable, with net inflows of $6.24 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is very weak relative to the trend shown over the past year, and has continued to ease. However, the rate of expansion may accelerate in the coming months. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Jefferies announced today the recent appointment of Jonathan Slone as Chairman of Asia based in Hong Kong. In this role, Mr. Slone will focus on the firm’s major relationships for investment banking and trading throughout Asia.
Investors endured a rough 2018, with a December drawdown capping a year that saw the major stock-market indexes post their worst annual performances since the financial crisis a decade ago. The bosses, however, did just fine.
Jefferies Financial Group Inc has hired a group of bankers from BB&T Corp to expand its investment banking coverage of the logistics and transportation sector, according to people familiar with the matter. The New York-based investment bank has hired Keith Prusek and Hugh Rabb as managing directors and global joint heads of logistics and transportation investment banking, the sources said. Also joining Jefferies from BB&T as senior vice president is Karl Kirkeby, along with five junior logistics and transportation-focused investment bankers, the sources added.
Jefferies (JEF) witnesses higher revenues in the three months ended May 31, 2019. However, higher expenses hurt results to some extent.
Jefferies Financial Group Inc. (NYSE:JEF) shareholders should be happy to see the share price up 10% in the last...
Jefferies Group LLC on Wednesday reported a 12% rise in second-quarter profit, driven by strength in its bond and equity trading businesses. Total sales and trading revenue rose 29% to $379.3 million and accounted for 42% of the total net revenue. "In Equities, we are realizing market share gains globally driven by our innovative electronic trading capabilities," company executives said in a statement.
Jefferies Financial Group Inc. today announced its financial results for the three and six month periods ended May 31, 2019.
Financial services company Jefferies Financial reported higher second-quarter per-share earnings thanks in part to strength in the company's equities business. Earnings were $672 million. On a per-share basis, profit in the quarter was $2.
Jefferies Financial Group Inc. announced today that the Board of Directors has declared a quarterly cash dividend equal to $0.125 per Jefferies common share payable on August 30, 2019 to record holders of Jefferies common shares on August 19, 2019.
(Bloomberg) -- Jefferies Financial Group Inc. is on a hiring spree.The company’s investment bank has added 350 people this year, a 10% increase to its headcount at the end of 2018, according to a quarterly newsletter to clients and employees. Jefferies said it has added to its research department even as competitors pare back, and is building out its operations in Europe and Asia.The most recent hires include two managing directors and a senior vice president who joined Jefferies from BB&T Corp., which is merging with SunTrust Banks Inc., according to a person with knowledge of the situation. The three will join Jefferies’s logistics and transportation investment-banking division, part of a continued expansion of the company’s global industrials group.CLSA has also lost staff to Jefferies, which poached 27 employees including top banking analyst Brian Johnson from the brokerage, amid a buildup of operations in Australia, the person said.“We are committed to constantly invest throughout the Jefferies platform so we can best support our clients in an ever-changing world,” Chief Executive Officer Rich Handler and President Brian Friedman said in the newsletter.Jefferies, a trading firm that’s been building up its investment-banking operations, is on track to have almost $2 billion in revenue from that business this year, it said in the newsletter. That would be up from $1.91 billion last year.(Updated with hiring details in third and fourth paragraphs.)\--With assistance from Sonali Basak and Jenny Surane.To contact the reporter on this story: Elizabeth Rembert in New York at email@example.comTo contact the editors responsible for this story: Michael J. Moore at firstname.lastname@example.org, Daniel TaubFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Jefferies Financial Group Inc. (JEF) today announced that it has closed its purchase of the remaining 30% that it did not already own of the outstanding shares of common stock of HomeFed Corporation (HomeFed), a developer and owner of residential and mixed-use real estate properties primarily in California and New York. Jefferies exchanged two shares of Jefferies common stock for each share of HomeFed’s common stock acquired by Jefferies.
Back in 2006, Michael Rothenberg founded his own asset management firm called Moab Capital Partners. Prior to launching his own hedge fund, he worked at Xerion Capital Partners where he was in charge of a portfolio of event-driven, distressed debt and bank debt equities. In fact, Michael Rothenberg sharpened his investment skills mainly in the […]
(Bloomberg) -- Jefferies Financial Group Inc. is acquiring a whole energy team and its portfolio from Perella Weinberg Partners LP, which is paring its asset management operations.The team of six led by Diego Kuschnir, who was a partner and portfolio manager at Perella Weinberg’s Tudor Pickering energy practice in Manhattan, runs alternative energy, midstream and energy infrastructure funds, the person said. These funds, with assets under management totaling several hundred million dollars, will continue to operate with no breaks under the newly formed Solanas Capital unit of Jefferies. The transaction will be effective by July 1, the person said.Jefferies and Perella Weinberg didn’t respond to requests seeking comment.The move comes as Perella Weinberg streamlines its asset management unit after separating the advisory business earlier this year with plans to take the investment bank public later in 2019. The asset manager gave employees the option to spin off to create their own businesses, and anyone with good options is looking at taking a similar route, the person said. Other moves appear to be weeks or months away, according to the person.Solanas expects to receive significant additional seed capital as part of the move and a key area of focus will be to grow the ESG Alternative Energy Fund, as it’s a strategy that has large investors waiting in the wings, the person said. This product and the the energy infrastructure fund are long-short strategies while midstream is predominantly a long-only product.Senior management at Perella Weinberg Partners and its Tudor Pickering Holt unit were very involved with the transaction, the person said. The energy practice received interest from investment banks, as well as wealth and asset managers.To contact the reporter on this story: Naureen S. Malik in New York at email@example.comTo contact the editors responsible for this story: Simon Casey at firstname.lastname@example.org, Carlos Caminada, Linus ChuaFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Riedman had been with RBC in New York since 2011, where he oversaw the bank's relationships with industrial conglomerates as well as building products, packaging, chemicals, metals and mining companies. Jefferies declined to comment, while RBC and Riedman did not respond to requests for comment. Before joining RBC, Riedman was a managing director in the diversified industrials group at JPMorgan Chase & Co.
Royal Bank of Canada's co-head of industrials investment banking Glenn Riedman has resigned to join the investment banking arm of Jefferies Financial Group Inc , according to people familiar with the matter. Riedman had been with RBC in New York since 2011, where he oversaw the bank's relationships with industrial conglomerates as well as building products, packaging, chemicals, metals and mining companies. Jefferies declined to comment, while RBC and Riedman did not respond to requests for comment.
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