Leucadia National Corp. (LUK) Shares Sold by Pinebridge Investments L.P.

Pinebridge Investments L.P. lowered its stake in shares of Leucadia National Corp. (NYSE:LUK) by 6.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 729,689 shares of the conglomerate’s stock after selling 52,656 shares during the quarter. Pinebridge Investments L.P. owned about 0.20% of Leucadia National worth $19,330,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cerebellum GP LLC purchased a new stake in Leucadia National in the fourth quarter worth about $127,000. NEXT Financial Group Inc purchased a new stake in Leucadia National in the third quarter worth about $134,000. Arthur M. Cohen & Associates LLC purchased a new stake in Leucadia National in the fourth quarter worth about $202,000. Savant Capital LLC purchased a new stake in Leucadia National in the fourth quarter worth about $204,000. Finally, Commerzbank Aktiengesellschaft FI purchased a new stake in Leucadia National in the fourth quarter worth about $220,000. Institutional investors own 74.36% of the company’s stock.

A number of brokerages have weighed in on LUK. Zacks Investment Research upgraded shares of Leucadia National from a “hold” rating to a “buy” rating and set a $30.00 price objective on the stock in a report on Thursday, February 1st. TheStreet upgraded shares of Leucadia National from a “c+” rating to a “b-” rating in a report on Friday, November 3rd.

Shares of Leucadia National Corp. (LUK) opened at $25.22 on Thursday. The firm has a market cap of $8,764.32, a PE ratio of 16.27, a price-to-earnings-growth ratio of 0.84 and a beta of 1.24. 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 Corp. has a fifty-two week low of $22.23 and a fifty-two week high of $28.30.

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Leucadia National 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.

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

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