Jefferies Financial Group Inc

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF) Downgraded by Jefferies Financial Group to “Hold”

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Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFF – Get Free Report) was downgraded by research analysts at Jefferies Financial Group from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, Marketbeat.com reports.

Beiersdorf Aktiengesellschaft Stock Performance

BDRFF opened at $112.04 on Tuesday. Beiersdorf Aktiengesellschaft has a 52-week low of $111.50 and a 52-week high of $148.33. The firm’s 50-day moving average price is $117.92 and its 200-day moving average price is $128.90.

Beiersdorf Aktiengesellschaft Company Profile

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Beiersdorf Aktiengesellschaft, together with its subsidiaries, manufactures and distributes consumer goods in Europe, the Americas, Africa, Asia, and Australia. It operates in two segments, Consumer Business and Tesa Business. The Consumer Business Segment offers skin and body care products. The Tesa Business segment provides adhesive tapes and self-adhesive solutions for industries, craft businesses, and consumers.

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September 17, 2025

Oppenheimer says bank stocks are ‘significantly undervalued’ and gives its top picks

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January 30, 2024

‘Eye-popping’ borrowing need from U.S. Treasury raises risk of buyers’ fatigue

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Just a day after the Treasury Department released a $1 trillion borrowing estimate for the third quarter, questions are being raised about the extent to which foreign and domestic buyers can continue to keep up their demand for U.S. government debt.

Further details about Treasury’s financing need will be released at 8:30 a.m. on Wednesday. For now, the $1 trillion estimate, the largest ever for the July-September period, has analysts concluding that the U.S. is facing a deteriorating fiscal deficit outlook and continuing pressure to borrow.

At stake for the broader fixed-income market is whether the presence of large ongoing auctions over the coming quarter and beyond will lead to a prolonged period where demand from potential buyers might begin to dry up, Treasury yields edge higher, and the government-debt market returns to some form of illiquidity.

“You can make the argument that since 2020, with the onset of Covid, that Treasury issuances have been met with reasonably good demand,” said Thomas Simons, an economist at Jefferies
JEF,
-1.75%.
“But as we go forward and further away from that period of time, it’s hard to see where that same flow of dollars can come from. We may be looking at recent history and drawing too much of a conclusion that this borrowing need will be easily met.”

Simons said in a phone interview Tuesday that “the risk is that you don’t get continued demand from foreign or domestic buyers of fixed income.” The result could be “six to nine months where the market is fatigued by bigger auction sizes, Treasurys become more and more difficult to trade, there’s a grind higher in yields, and there may be issues with liquidity where markets may not be so deep.” Still, he expects such a period, if there is one, to be less acute than what was seen in the 2013 taper tantrum or last year’s volatility in the U.K. bond market.

On Monday, the Treasury revealed a $1.007 trillion third-quarter borrowing estimate that was $274 billion higher than what it had expected in May. The estimate — which Simons calls “eye-popping” — assumes an end-of-September cash balance of $650 billion, and has gone up partly because of projections for lower receipts and higher outlays, according to Treasury officials.

Monday’s estimate is the largest ever for the third quarter, though not relative to other parts of the year. In May 2020, a few months after the onset of the COVID-19 pandemic in the U.S., Treasury gave an almost $3 trillion borrowing estimate for the April-June quarter of that year.

For the upcoming fourth quarter, Treasury is now expecting to borrow $852 billion in privately-held net marketable debt, assuming an end-of-December cash balance of $750 billion. According to strategist Jay Barry and others at JPMorgan Chase & Co.
JPM,
-1.05%,
the third- and fourth-quarter estimates “suggest that, at face value, Treasury continues to expect a wider budget deficit” for the 2023 fiscal year.

As of Tuesday, investors appeared to be less focused on the Treasury’s borrowing needs than on signs of continued strength in the U.S. labor market, which raises the prospect of higher-for-longer interest rates. One-
TMUBMUSD01Y,
5.400%
through 30-year Treasury yields
TMUBMUSD30Y,
4.100%
were all higher as data showed demand for workers is still strong. Meanwhile, all three major U.S. stock indexes
DJIA,
+0.05%

SPX,
-0.33%

COMP,
-0.41%
were mostly lower in morning trading.

According to Simons, who the most likely buyers will be at Treasury’s upcoming auctions will depend on where the department decides to focus its issuances. If the focus is on bills, then money-market mutual funds could “move some cash over,” he said. And if it’s on long-duration coupons, it would be “real money” players such as insurers, pension funds, hedge funds and bond funds — though much will rely on inflows from clients “before demand would pick up.”

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August 1, 2023

Stock-market investors want the Fed to answer this crucial question when it meets this week

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Multiple risks are raising the stakes in financial markets and for the U.S. economy as Federal Reserve policy makers prepare to gather this week.The Fed is widely expected to deliver a quarter-of-a-percentage point interest rate hike when its meeting concludes on Wednesday. The most crucial question facing investors is whether policy makers subsequently show a willingness to hold off on further rate rises in order to assess the damage from their year-long campaign to lower inflation.

If they do pause, it may be time for investors…

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April 30, 2023

The Hartford Financial Services Group, Inc. to Post Q2 2023 Earnings of $2.02 Per Share, Jefferies Financial Group Forecasts (NYSE:HIG)

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The Hartford Financial Services Group, Inc. (NYSE:HIG – Get Rating) – Equities researchers at Jefferies Financial Group cut their Q2 2023 earnings estimates for shares of The Hartford Financial Services Group in a research note issued to investors on Monday, April 10th. Jefferies Financial Group analyst Y. Kinar now anticipates that the insurance provider will post earnings per share of $2.02 for the quarter, down from their prior estimate of $2.03. The consensus estimate for The Hartford Financial Services Group’s current full-year earnings is $8.24 per share. Jefferies Financial Group also issued estimates for The Hartford Financial Services Group’s Q4 2023 earnings at $2.52 EPS.

Other research analysts also recently issued research reports about the company. The Goldman Sachs Group raised The Hartford Financial Services Group from a “neutral” rating to a “buy” rating and set a $84.00 price target for the company in a research note on Wednesday, March 29th. JPMorgan Chase & Co. upped their target price on The Hartford Financial Services Group from $86.00 to $87.00 and gave the company an “overweight” rating in a research report on Friday, March 31st. Roth Capital restated a “neutral” rating on shares of The Hartford Financial Services Group in a research note on Friday, February 3rd. Wells Fargo & Company upped their price objective on The Hartford Financial Services Group from $90.00 to $91.00 and gave the company an “overweight” rating in a report on Wednesday, April 5th. Finally, Royal Bank of Canada increased their price objective on The Hartford Financial Services Group from $75.00 to $77.00 and gave the stock a “sector perform” rating in a research note on Monday, February 6th. Five equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $87.00.

The Hartford Financial Services Group Stock Performance

Shares of HIG opened at $70.84 on Tuesday. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 0.33. The company has a market capitalization of $22.18 billion, a price-to-earnings ratio of 13.00, a price-to-earnings-growth ratio of 1.21 and a beta of 0.85. The stock has a 50 day moving average price of $72.76 and a 200 day moving average price of $72.68. The Hartford Financial Services Group has a 52-week low of $60.17 and a 52-week high of $79.44.

The Hartford Financial Services Group (NYSE:HIG – Get Rating) last issued its quarterly earnings data on Friday, February 3rd. The insurance provider reported $2.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.45. The firm had revenue of $6.02 billion for the quarter, compared to analyst estimates of $5.74 billion. The Hartford Financial Services Group had a net margin of 8.12% and a return on equity of 18.15%. The Hartford Financial Services Group’s revenue was up 3.4% on a year-over-year basis. During the same period in the previous year, the firm earned $2.02 EPS.

The Hartford Financial Services Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 4th. Investors of record on Monday, March 6th were paid a dividend of $0.425 per share. The ex-dividend date was Friday, March 3rd. This represents a $1.70 annualized dividend and a dividend yield of 2.40%. The Hartford Financial Services Group’s dividend payout ratio (DPR) is presently 31.19%.

Insider Buying and Selling

In other The Hartford Financial Services Group news, EVP Adin M. Tooker sold 3,920 shares of the stock in a transaction on Thursday, February 23rd. The shares were sold at an average price of $77.41, for a total transaction of $303,447.20. Following the transaction, the executive vice president now directly owns 25,820 shares of the company’s stock, valued at $1,998,726.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, EVP Robert W. Paiano sold 14,542 shares of the stock in a transaction dated Tuesday, February 21st. The shares were sold at an average price of $77.38, for a total value of $1,125,259.96. Following the sale, the executive vice president now directly owns 46,629 shares of the company’s stock, valued at approximately $3,608,152.02. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Adin M. Tooker sold 3,920 shares of the firm’s stock in a transaction that occurred on Thursday, February 23rd. The shares were sold at an average price of $77.41, for a total transaction of $303,447.20. Following the completion of the transaction, the executive vice president now owns 25,820 shares in the company, valued at approximately $1,998,726.20. The disclosure for this sale can be found here. Insiders sold a total of 96,587 shares of company stock worth $7,524,178 in the last 90 days. 1.80% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On The Hartford Financial Services Group

Several institutional investors and hedge funds have recently bought and sold shares of the business. Dark Forest Capital Management LP acquired a new position in shares of The Hartford Financial Services Group during the fourth quarter valued at $29,000. Gradient Investments LLC acquired a new stake in shares of The Hartford Financial Services Group in the third quarter valued at approximately $27,000. Janiczek Wealth Management LLC lifted its holdings in The Hartford Financial Services Group by 38.4% during the 3rd quarter. Janiczek Wealth Management LLC now owns 588 shares of the insurance provider’s stock worth $38,000 after purchasing an additional 163 shares during the last quarter. Heritage Wealth Management LLC raised its holdings in The Hartford Financial Services Group by 114.5% in the 4th quarter. Heritage Wealth Management LLC now owns 680 shares of the insurance provider’s stock valued at $52,000 after acquiring an additional 363 shares in the last quarter. Finally, ST Germain D J Co. Inc. acquired a new position in The Hartford Financial Services Group in the 4th quarter valued at $54,000. Hedge funds and other institutional investors own 89.93% of the company’s stock.

The Hartford Financial Services Group Company Profile

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The Hartford Financial Services Group, Inc is an insurance and financial services company. It operates through the following segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, Hartford Funds, and Corporate. The Commercial Lines segment provides workers’ compensation, property, automobile, liability and umbrella coverage under several different products.

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Earnings History and Estimates for The Hartford Financial Services Group (NYSE:HIG)

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April 12, 2023

CrowdStrike Holdings, Inc. Forecasted to Post FY2025 Earnings of $0.22 Per Share (NASDAQ:CRWD)

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CrowdStrike Holdings, Inc. (NASDAQ:CRWD – Get Rating) – Stock analysts at Jefferies Financial Group issued their FY2025 earnings per share (EPS) estimates for shares of CrowdStrike in a note issued to investors on Wednesday, March 8th. Jefferies Financial Group analyst J. Gallo anticipates that the company will post earnings of $0.22 per share for the year. Jefferies Financial Group currently has a “Hold” rating and a $120.00 target price on the stock. The consensus estimate for CrowdStrike’s current full-year earnings is ($0.43) per share.

A number of other research analysts have also recently weighed in on CRWD. Cowen lowered their price objective on CrowdStrike from $220.00 to $180.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 30th. Truist Financial decreased their target price on CrowdStrike from $200.00 to $175.00 in a research note on Monday, January 9th. Royal Bank of Canada lifted their target price on CrowdStrike from $150.00 to $160.00 and gave the company an “outperform” rating in a research note on Wednesday. Piper Sandler decreased their target price on CrowdStrike from $175.00 to $170.00 and set an “overweight” rating on the stock in a research note on Thursday, January 5th. Finally, Canaccord Genuity Group decreased their target price on CrowdStrike from $230.00 to $175.00 in a research note on Wednesday, November 30th. Five investment analysts have rated the stock with a hold rating and thirty-six have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $174.50.

CrowdStrike Stock Down 5.6 %

CRWD stock opened at $121.68 on Friday. CrowdStrike has a twelve month low of $92.25 and a twelve month high of $242.00. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 0.55. The business’s 50-day moving average price is $110.06 and its 200-day moving average price is $136.17.

Institutional Investors Weigh In On CrowdStrike

Several hedge funds have recently made changes to their positions in the company. Zullo Investment Group Inc. lifted its stake in shares of CrowdStrike by 1.9% during the 2nd quarter. Zullo Investment Group Inc. now owns 2,990 shares of the company’s stock worth $504,000 after purchasing an additional 55 shares during the last quarter. Nwam LLC lifted its stake in shares of CrowdStrike by 2.2% during the 2nd quarter. Nwam LLC now owns 2,802 shares of the company’s stock worth $523,000 after purchasing an additional 60 shares during the last quarter. Almanack Investment Partners LLC. lifted its stake in shares of CrowdStrike by 5.5% during the 2nd quarter. Almanack Investment Partners LLC. now owns 1,191 shares of the company’s stock worth $201,000 after purchasing an additional 62 shares during the last quarter. SeaCrest Wealth Management LLC lifted its stake in shares of CrowdStrike by 6.2% during the 2nd quarter. SeaCrest Wealth Management LLC now owns 1,082 shares of the company’s stock worth $182,000 after purchasing an additional 63 shares during the last quarter. Finally, Ameritas Investment Partners Inc. lifted its stake in shares of CrowdStrike by 1.4% during the 1st quarter. Ameritas Investment Partners Inc. now owns 4,562 shares of the company’s stock worth $1,036,000 after purchasing an additional 65 shares during the last quarter. 65.05% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at CrowdStrike

In related news, insider Shawn Henry sold 7,556 shares of the business’s stock in a transaction on Wednesday, December 21st. The stock was sold at an average price of $108.90, for a total transaction of $822,848.40. Following the completion of the transaction, the insider now owns 166,998 shares in the company, valued at approximately $18,186,082.20. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other CrowdStrike news, insider Shawn Henry sold 7,556 shares of the company’s stock in a transaction on Wednesday, December 21st. The stock was sold at an average price of $108.90, for a total value of $822,848.40. Following the completion of the sale, the insider now directly owns 166,998 shares in the company, valued at approximately $18,186,082.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Roxanne S. Austin bought 35,000 shares of the stock in a transaction on Thursday, January 5th. The stock was purchased at an average price of $96.19 per share, with a total value of $3,366,650.00. Following the completion of the acquisition, the director now directly owns 100,419 shares in the company, valued at approximately $9,659,303.61. The disclosure for this purchase can be found here. Insiders sold a total of 109,252 shares of company stock worth $11,807,218 in the last quarter. 6.82% of the stock is owned by company insiders.

About CrowdStrike

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CrowdStrike Holdings, Inc provides cybersecurity products and services to stop breaches. It offers cloud-delivered protection across endpoints, cloud workloads, identity and data, and threat intelligence, managed security services, IT operations management, threat hunting, Zero Trust identity protection, and log management.

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March 10, 2023

Q2 2024 EPS Estimates for Bread Financial Holdings, Inc. Lifted by Analyst (NYSE:BFH)

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Bread Financial Holdings, Inc. (NYSE:BFH – Get Rating) – Equities researchers at Jefferies Financial Group increased their Q2 2024 earnings per share (EPS) estimates for Bread Financial in a research report issued on Tuesday, January 10th. Jefferies Financial Group analyst J. Hecht now anticipates that the company will post earnings per share of $3.32 for the quarter, up from their prior forecast of $3.23. The consensus estimate for Bread Financial’s current full-year earnings is $3.46 per share.

Bread Financial (NYSE:BFH – Get Rating) last announced its quarterly earnings data on Thursday, October 27th. The company reported $2.69 earnings per share for the quarter, hitting the consensus estimate of $2.69. Bread Financial had a net margin of 9.43% and a return on equity of 18.52%. The company had revenue of $979.00 million during the quarter, compared to analyst estimates of $976.21 million. During the same period last year, the business earned $4.47 EPS. The firm’s revenue for the quarter was up 15.0% compared to the same quarter last year.

BFH has been the subject of several other reports. Credit Suisse Group raised their price objective on Bread Financial from $38.00 to $40.00 and gave the stock a “neutral” rating in a research note on Friday, October 28th. TheStreet upgraded Bread Financial from a “d+” rating to a “c-” rating in a report on Thursday, October 27th. Royal Bank of Canada increased their price objective on Bread Financial from $41.00 to $42.00 and gave the stock an “outperform” rating in a report on Friday, October 28th. The Goldman Sachs Group increased their price objective on Bread Financial from $39.00 to $43.00 and gave the stock a “neutral” rating in a report on Friday, October 28th. Finally, Morgan Stanley cut their price objective on Bread Financial from $45.00 to $39.00 and set an “equal weight” rating for the company in a report on Wednesday, October 5th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Bread Financial currently has an average rating of “Moderate Buy” and a consensus price target of $53.00.

Bread Financial Trading Down 3.4 %

Shares of NYSE:BFH opened at $38.34 on Thursday. Bread Financial has a fifty-two week low of $28.85 and a fifty-two week high of $74.80. The company has a market cap of $1.91 billion, a PE ratio of 5.13, a P/E/G ratio of 0.20 and a beta of 1.96. The company’s 50-day moving average price is $38.60 and its 200 day moving average price is $37.79. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.80.

Hedge Funds Weigh In On Bread Financial

Several institutional investors have recently bought and sold shares of BFH. Chicago Capital LLC bought a new position in Bread Financial during the third quarter valued at about $701,000. Thompson Investment Management Inc. bought a new position in Bread Financial during the third quarter valued at about $6,391,000. New Mexico Educational Retirement Board bought a new position in Bread Financial during the third quarter valued at about $245,000. Louisiana State Employees Retirement System acquired a new stake in shares of Bread Financial in the third quarter valued at about $418,000. Finally, State of Alaska Department of Revenue acquired a new stake in shares of Bread Financial in the third quarter valued at about $224,000. 96.62% of the stock is currently owned by institutional investors.

Bread Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 16th. Shareholders of record on Monday, November 14th were issued a dividend of $0.21 per share. The ex-dividend date was Thursday, November 10th. This represents a $0.84 annualized dividend and a yield of 2.19%. Bread Financial’s dividend payout ratio (DPR) is currently 11.23%.

About Bread Financial

(Get Rating)

Bread Financial Holdings, Inc provides tech-forward payment and lending solutions to customers and consumer-based industries in North America. It offers credit card and other loans financing services, including risk management solutions, account origination, and funding services for approximately 130 private label and co-brand credit card programs, as well as through Bread partnerships to approximately 500 small-and medium-sized businesses merchants; and Comenity-branded general purpose cash-back credit.

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Earnings History and Estimates for Bread Financial (NYSE:BFH)

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January 14, 2023