Leucadia National Corporation (LUK) Upgraded to “B-” at TheStreet

TheStreet upgraded shares of Leucadia National Corporation (NYSE:LUK) from a c+ rating to a b- rating in a report released on Friday, November 3rd.

Several other equities analysts also recently commented on the stock. BidaskClub downgraded shares of Leucadia National Corporation from a sell rating to a strong sell rating in a report on Friday, August 11th. Zacks Investment Research upgraded shares of Leucadia National Corporation from a hold rating to a buy rating and set a $28.00 price objective on the stock in a report on Tuesday, October 10th.

Shares of Leucadia National Corporation (NYSE:LUK) opened at $25.36 on Friday. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 1.02. The company has a market cap of $9,145.53, a price-to-earnings ratio of 16.56, a PEG ratio of 1.03 and a beta of 1.29. Leucadia National Corporation has a 1 year low of $20.94 and a 1 year high of $27.33.

Leucadia National Corporation (NYSE:LUK) last announced its quarterly earnings data on Thursday, October 26th. The conglomerate reported $0.27 EPS for the quarter, topping the Zacks’ consensus estimate of $0.17 by $0.10. The business had revenue of $2.90 billion for the quarter, compared to analyst estimates of $2.66 billion. Leucadia National Corporation had a net margin of 5.48% and a return on equity of 5.83%. The business’s quarterly revenue was up 8.2% on a year-over-year basis. research analysts forecast that Leucadia National Corporation will post 1.39 EPS for the current year.

TRADEMARK VIOLATION WARNING: This report was first reported by BBNS and is owned by of BBNS. If you are accessing this report on another domain, it was stolen and reposted in violation of U.S. & international copyright legislation. The legal version of this report can be read at https://baseballnewssource.com/markets/thestreet-upgrades-leucadia-national-corporation-luk-to-b/1757575.html.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 27th. Shareholders of record on Wednesday, December 13th will be issued a $0.10 dividend. The ex-dividend date is Tuesday, December 12th. This represents a $0.40 annualized dividend and a dividend yield of 1.58%. Leucadia National Corporation’s dividend payout ratio is currently 25.81%.

Hedge funds have recently added to or reduced their stakes in the stock. NEXT Financial Group Inc acquired a new position in shares of Leucadia National Corporation in the third quarter valued at about $134,000. Savant Capital LLC acquired a new position in shares of Leucadia National Corporation in the second quarter valued at about $202,000. Eagle Global Advisors LLC acquired a new position in shares of Leucadia National Corporation in the second quarter valued at about $219,000. Profund Advisors LLC acquired a new position in shares of Leucadia National Corporation in the second quarter valued at about $239,000. Finally, Magnetar Financial LLC acquired a new position in shares of Leucadia National Corporation in the third quarter valued at about $237,000. Institutional investors and hedge funds own 75.36% of the company’s stock.

About Leucadia National Corporation

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.

Receive News & Ratings for Leucadia National Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Leucadia National Corporation and related companies with our FREE daily email newsletter.

 


Latest News

Toronto Blue Jays Launch Internal Investigation on PED Use
Toronto Blue Jays Launch Internal Investigation on PED Use
Seattle Mariners Start Offseason With a Bang: Three Trades Over Four Days
Seattle Mariners Start Offseason With a Bang: Three Trades Over Four Days
MLB Commissioner: New Rule for Pace-of-Play in 2018
MLB Commissioner: New Rule for Pace-of-Play in 2018
Alex Cobb Could Be Good Fit for Cubs
Alex Cobb Could Be Good Fit for Cubs
Joey Votto Is One of Baseball’s Best Hitters
Joey Votto Is One of Baseball’s Best Hitters
Hunter Pence May Become Part-Time Player
Hunter Pence May Become Part-Time Player


Leave a Reply

 
© 2006-2017 BBNS.