UBS Group AG Boosts Position in Leucadia National Corporation (LUK)

UBS Group AG raised its stake in shares of Leucadia National Corporation (NYSE:LUK) by 27.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 228,458 shares of the company’s stock after buying an additional 49,194 shares during the period. UBS Group AG owned approximately 0.06% of Leucadia National Corporation worth $4,350,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the stock. First Pacific Advisors LLC increased its position in shares of Leucadia National Corporation by 7.7% in the second quarter. First Pacific Advisors LLC now owns 22,520,090 shares of the company’s stock valued at $390,273,000 after buying an additional 1,617,090 shares during the last quarter. Morgan Stanley increased its position in shares of Leucadia National Corporation by 435.6% in the third quarter. Morgan Stanley now owns 1,489,418 shares of the company’s stock valued at $28,359,000 after buying an additional 1,211,345 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. increased its position in shares of Leucadia National Corporation by 246.8% in the third quarter. Los Angeles Capital Management & Equity Research Inc. now owns 1,601,562 shares of the company’s stock valued at $30,494,000 after buying an additional 1,139,694 shares during the last quarter. Pastel & Associes SA purchased a new position in shares of Leucadia National Corporation during the second quarter valued at about $12,094,000. Finally, JPMorgan Chase & Co. increased its position in shares of Leucadia National Corporation by 47.3% in the third quarter. JPMorgan Chase & Co. now owns 1,467,930 shares of the company’s stock valued at $27,949,000 after buying an additional 471,237 shares during the last quarter. Institutional investors and hedge funds own 72.28% of the company’s stock.

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

Leucadia National Corporation (NYSE:LUK) traded up 0.46% during trading on Friday, reaching $24.01. 914,165 shares of the company’s stock were exchanged. The stock has a market capitalization of $8.64 billion, a price-to-earnings ratio of 205.21 and a beta of 1.31. Leucadia National Corporation has a 52 week low of $14.27 and a 52 week high of $24.60. The company’s 50 day moving average price is $23.56 and its 200-day moving average price is $20.70.

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LUK has been the topic of several recent analyst reports. Zacks Investment Research downgraded shares of Leucadia National Corporation from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 23rd. Oppenheimer Holdings, Inc. upped their price objective on shares of Leucadia National Corporation from $23.00 to $28.00 and gave the company an “outperform” rating in a research note on Wednesday, November 30th.

About Leucadia National Corporation

Leucadia National Corporation (Leucadia) is a diversified holding company focused on return on investment and long-term value creation to maximize shareholder value. The Company’s financial services businesses include Jefferies Group LLC (investment banking and capital markets), Leucadia Asset Management (asset management), Berkadia (commercial mortgage banking and servicing), FXCM (a publicly traded company providing online foreign exchange trading), HomeFed Corporation (HomeFed) (a publicly traded real estate company) and Foursight Capital and Chrome Capital (vehicle finance).

5 Day Chart for NYSE:LUK

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