Leucadia National Sees Unusually High Options Volume (LUK)

Leucadia National Corp. (NYSE:LUK) was the target of some unusual options trading on Monday. Traders acquired 3,309 put options on the company. This represents an increase of 897% compared to the typical volume of 332 put options.

Shares of Leucadia National (NYSE LUK) opened at $27.93 on Friday. The firm has a market capitalization of $9,950.00, a price-to-earnings ratio of 18.02, a P/E/G ratio of 0.92 and a beta of 1.29. Leucadia National has a 1-year low of $22.23 and a 1-year high of $28.30. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 1.02.

Leucadia National (NYSE:LUK) last posted its quarterly earnings data on Thursday, October 26th. The conglomerate reported $0.27 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.17 by $0.10. Leucadia National had a return on equity of 5.83% and a net margin of 5.48%. The business had revenue of $2.90 billion during the quarter, compared to the consensus estimate of $2.66 billion. Leucadia National’s revenue was up 8.2% compared to the same quarter last year. equities analysts anticipate that Leucadia National will post 1.59 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 27th. Shareholders of record on Wednesday, December 13th were issued a dividend of $0.10 per share. The ex-dividend date was Tuesday, December 12th. This represents a $0.40 dividend on an annualized basis and a yield of 1.43%. Leucadia National’s payout ratio is currently 25.81%.

A number of analysts recently weighed in on LUK shares. TheStreet upgraded Leucadia National from a “c+” rating to a “b-” rating in a report on Friday, November 3rd. Zacks Investment Research upgraded Leucadia National from a “hold” rating to a “buy” rating and set a $28.00 price objective for the company in a report on Tuesday, October 10th.

Institutional investors have recently modified their holdings of the business. NEXT Financial Group Inc acquired a new stake in Leucadia National during the 3rd quarter worth about $134,000. Profund Advisors LLC acquired a new stake in Leucadia National during the 2nd quarter worth about $239,000. Magnetar Financial LLC acquired a new stake in Leucadia National during the 3rd quarter worth about $237,000. Synovus Financial Corp grew its holdings in Leucadia National by 19.5% during the 2nd quarter. Synovus Financial Corp now owns 9,840 shares of the conglomerate’s stock worth $258,000 after acquiring an additional 1,609 shares during the period. Finally, Saratoga Research & Investment Management acquired a new stake in Leucadia National during the 3rd quarter worth about $249,000. Hedge funds and other institutional investors own 74.86% of the company’s stock.

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About Leucadia National

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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