SG Americas Securities LLC grew its stake in shares of Leucadia National Corp. (NYSE:LUK) by 58.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 115,091 shares of the conglomerate’s stock after purchasing an additional 42,394 shares during the period. SG Americas Securities LLC’s holdings in Leucadia National were worth $2,906,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Janus Henderson Group PLC lifted its stake in shares of Leucadia National by 7,168.5% in the second quarter. Janus Henderson Group PLC now owns 3,320,485 shares of the conglomerate’s stock worth $86,864,000 after buying an additional 3,274,802 shares in the last quarter. Vanguard Group Inc. increased its holdings in Leucadia National by 6.1% during the second quarter. Vanguard Group Inc. now owns 33,597,744 shares of the conglomerate’s stock valued at $878,918,000 after buying an additional 1,941,382 shares during the last quarter. American Century Companies Inc. purchased a new stake in shares of Leucadia National in the second quarter worth $43,884,000. BlackRock Inc. increased its stake in shares of Leucadia National by 6.0% in the second quarter. BlackRock Inc. now owns 20,684,654 shares of the conglomerate’s stock worth $541,111,000 after purchasing an additional 1,170,447 shares in the last quarter. Finally, AJO LP increased its stake in shares of Leucadia National by 326.7% in the second quarter. AJO LP now owns 1,277,954 shares of the conglomerate’s stock worth $33,431,000 after purchasing an additional 978,467 shares in the last quarter. 75.11% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Leucadia National Corp. (LUK) traded up $0.06 on Thursday, hitting $26.00. 1,442,109 shares of the stock traded hands, compared to its average volume of 1,594,045. Leucadia National Corp. has a 1-year low of $22.23 and a 1-year high of $27.33. The stock has a market capitalization of $9,259.54, a P/E ratio of 16.77, a P/E/G ratio of 1.04 and a beta of 1.29. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 1.02.
Leucadia National (NYSE:LUK) last posted its quarterly earnings results on Thursday, October 26th. The conglomerate reported $0.27 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.17 by $0.10. The company had revenue of $2.90 billion for the quarter, compared to the consensus estimate of $2.66 billion. Leucadia National had a net margin of 5.48% and a return on equity of 5.83%. The business’s quarterly revenue was up 8.2% compared to the same quarter last year. sell-side analysts forecast that Leucadia National Corp. will post 1.39 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 27th. Investors of record on Wednesday, December 13th will be paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.54%. The ex-dividend date is Tuesday, December 12th. Leucadia National’s dividend payout ratio is presently 25.81%.
A number of equities analysts recently weighed in on the stock. TheStreet upgraded shares of Leucadia National from a “c+” rating to a “b-” rating in a research report on Friday, November 3rd. Zacks Investment Research upgraded shares of Leucadia National from a “hold” rating to a “buy” rating and set a $28.00 price objective for the company in a research report on Tuesday, October 10th. Finally, BidaskClub lowered shares of Leucadia National from a “sell” rating to a “strong sell” rating in a research report on Friday, August 11th.
Leucadia National Profile
Leucadia National Corporation (Leucadia) is a diversified holding company focused on return on investment and long-term value. The Company’s segments, based on requirements are Jefferies, National Beef, and Corporate and other. Jefferies is a global full-service, integrated securities and investment banking firm.
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