Mraz Amerine & Associates Inc. Buys 2,602 Shares of Leucadia National Corporation (LUK)

Mraz Amerine & Associates Inc. increased its position in Leucadia National Corporation (NYSE:LUK) by 0.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 478,096 shares of the conglomerate’s stock after buying an additional 2,602 shares during the period. Leucadia National Corporation comprises 3.9% of Mraz Amerine & Associates Inc.’s portfolio, making the stock its 7th largest position. Mraz Amerine & Associates Inc. owned approximately 0.13% of Leucadia National Corporation worth $12,507,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in LUK. Prudential Financial Inc. boosted its position in shares of Leucadia National Corporation by 175.4% in the first quarter. Prudential Financial Inc. now owns 1,976,039 shares of the conglomerate’s stock valued at $51,377,000 after buying an additional 1,258,470 shares in the last quarter. Shell Asset Management Co. boosted its position in shares of Leucadia National Corporation by 9.2% in the first quarter. Shell Asset Management Co. now owns 21,005 shares of the conglomerate’s stock valued at $546,000 after buying an additional 1,778 shares in the last quarter. Quadrature Capital Ltd boosted its position in shares of Leucadia National Corporation by 110.2% in the fourth quarter. Quadrature Capital Ltd now owns 36,288 shares of the conglomerate’s stock valued at $844,000 after buying an additional 19,028 shares in the last quarter. Teza Capital Management LLC acquired a new position in shares of Leucadia National Corporation during the first quarter valued at about $350,000. Finally, Clearbridge Investments LLC boosted its position in shares of Leucadia National Corporation by 23.1% in the first quarter. Clearbridge Investments LLC now owns 32,000 shares of the conglomerate’s stock valued at $832,000 after buying an additional 6,000 shares in the last quarter. Institutional investors own 75.48% of the company’s stock.

Leucadia National Corporation (NYSE:LUK) opened at 23.97 on Friday. The stock has a market capitalization of $8.60 billion, a P/E ratio of 14.21 and a beta of 1.25. Leucadia National Corporation has a 52-week low of $17.87 and a 52-week high of $27.33. The stock has a 50 day moving average of $26.08 and a 200 day moving average of $25.66.

Leucadia National Corporation (NYSE:LUK) last released its quarterly earnings data on Thursday, July 27th. The conglomerate reported $0.16 EPS for the quarter, missing the Thomson Reuters’ 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 the consensus estimate of $2.65 billion. During the same quarter in the prior year, the firm earned $0.15 EPS. The company’s revenue was up 4.1% compared to the same quarter last year. On average, equities research analysts forecast that Leucadia National Corporation will post $1.29 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Monday, September 18th will be issued a dividend of $0.10 per share. The ex-dividend date is Friday, September 15th. This represents a $0.40 annualized dividend and a yield of 1.67%. This is an increase from Leucadia National Corporation’s previous quarterly dividend of $0.06. Leucadia National Corporation’s dividend payout ratio is 3.55%.

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Several equities analysts have recently issued reports on LUK shares. TheStreet raised shares of Leucadia National Corporation from a “c” rating to a “b” rating in a research note on Friday, May 5th. Zacks Investment Research downgraded shares of Leucadia National Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, June 20th. Finally, BidaskClub downgraded shares of Leucadia National Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd.

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.

Institutional Ownership by Quarter for Leucadia National Corporation (NYSE:LUK)

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