Daiwa Securities Group Inc. maintained its stake in shares of Leucadia National Corporation (NYSE:LUK) during the second quarter, according to its most recent disclosure with the SEC. The firm owned 9,000 shares of the conglomerate’s stock at the end of the second quarter. Daiwa Securities Group Inc.’s holdings in Leucadia National Corporation were worth $235,000 at the end of the most recent reporting period.
Other large investors have also made changes to their positions in the company. Creative Planning increased its stake in shares of Leucadia National Corporation by 0.4% in the second quarter. Creative Planning now owns 12,316 shares of the conglomerate’s stock worth $322,000 after buying an additional 55 shares in the last quarter. ING Groep NV increased its stake in shares of Leucadia National Corporation by 0.4% in the second quarter. ING Groep NV now owns 16,589 shares of the conglomerate’s stock worth $434,000 after buying an additional 59 shares in the last quarter. CIBC Asset Management Inc increased its stake in shares of Leucadia National Corporation by 0.3% in the second quarter. CIBC Asset Management Inc now owns 32,772 shares of the conglomerate’s stock worth $857,000 after buying an additional 90 shares in the last quarter. US Bancorp DE increased its stake in shares of Leucadia National Corporation by 0.3% in the second quarter. US Bancorp DE now owns 30,860 shares of the conglomerate’s stock worth $807,000 after buying an additional 97 shares in the last quarter. Finally, HighTower Advisors LLC increased its stake in shares of Leucadia National Corporation by 0.4% in the first quarter. HighTower Advisors LLC now owns 36,125 shares of the conglomerate’s stock worth $942,000 after buying an additional 138 shares in the last quarter. 75.48% of the stock is owned by institutional investors and hedge funds.
Leucadia National Corporation (LUK) opened at 23.89 on Friday. The company has a 50-day moving average price of $26.14 and a 200-day moving average price of $25.66. The firm has a market cap of $8.57 billion, a PE ratio of 14.16 and a beta of 1.25. Leucadia National Corporation has a one year low of $17.87 and a one year high of $27.33.
Leucadia National Corporation (NYSE:LUK) last announced its earnings results on Thursday, July 27th. The conglomerate reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by $0.14. Leucadia National Corporation had a net margin of 5.94% and a return on equity of 6.27%. The firm had revenue of $2.73 billion for the quarter, compared to analyst estimates of $2.65 billion. During the same period last year, the firm earned $0.15 earnings per share. Leucadia National Corporation’s revenue for the quarter was up 4.1% compared to the same quarter last year. Equities analysts predict that Leucadia National Corporation will post $1.29 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Monday, September 18th will be paid a dividend of $0.10 per share. This is an increase from Leucadia National Corporation’s previous quarterly dividend of $0.06. This represents a $0.40 annualized dividend and a yield of 1.67%. The ex-dividend date of this dividend is Friday, September 15th. Leucadia National Corporation’s payout ratio is 3.55%.
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A number of equities research analysts have recently commented on the company. BidaskClub downgraded Leucadia National Corporation from a “sell” rating to a “strong sell” rating in a research report on Friday, August 11th. Zacks Investment Research downgraded Leucadia National Corporation from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 11th. Finally, TheStreet raised Leucadia National Corporation from a “c” rating to a “b” rating in a research report on Friday, May 5th.
Leucadia National Corporation Company 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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