|Bid||31.14 x 800|
|Ask||31.15 x 800|
|Day's range||31.07 - 33.08|
|52-week range||11.82 - 34.86|
|Beta (5Y monthly)||1.47|
|PE ratio (TTM)||7.10|
|Earnings date||28 Jun 2021 - 02 Jul 2021|
|Forward dividend & yield||0.80 (2.44%)|
|Ex-dividend date||14 May 2021|
|1y target est||38.00|
Topwater Capital, a division of Leucadia Asset Management, today announced a strategic partnership and investment from one of the five largest Endowments in the U.S. In connection with the partnership, the Endowment has made an investment in Topwater’s first-loss platform on May 1, 2021 and committed to additional investments over a three-year period. The Endowment’s investment coupled with the investment from Jefferies Financial Group Inc. locks up future capacity resulting in a decision to "hard close" the Topwater funds.
Shares were trading at 251.72p at the time of writing.
There is one stock in particular that has been strong throughout the pandemic, and into the recovery, that is still way undervalued: Jefferies Financial (NYSE: JEF). Jefferies is a New York City-based investment bank and asset management firm. Most of its revenue comes through its full-service investment banking business, which is known as the Jefferies Group and caters primarily to middle-market companies and deals.