Oppenheimer & Co. Inc. lifted its position in Leucadia National Corp. (NYSE:LUK) by 6.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 109,803 shares of the conglomerate’s stock after buying an additional 6,520 shares during the period. Oppenheimer & Co. Inc.’s holdings in Leucadia National were worth $2,909,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in LUK. Thrivent Financial For Lutherans raised its stake in Leucadia National by 3.4% in the second quarter. Thrivent Financial For Lutherans now owns 12,271 shares of the conglomerate’s stock worth $321,000 after buying an additional 400 shares in the last quarter. Assenagon Asset Management S.A. bought a new position in Leucadia National in the third quarter worth approximately $8,823,000. Pinebridge Investments L.P. raised its stake in Leucadia National by 44.3% in the third quarter. Pinebridge Investments L.P. now owns 782,345 shares of the conglomerate’s stock worth $19,754,000 after buying an additional 240,323 shares in the last quarter. New York State Common Retirement Fund raised its stake in Leucadia National by 1.0% in the third quarter. New York State Common Retirement Fund now owns 1,537,565 shares of the conglomerate’s stock worth $38,824,000 after buying an additional 14,794 shares in the last quarter. Finally, Steinberg Global Asset Management bought a new position in Leucadia National in the third quarter worth approximately $1,799,000. Hedge funds and other institutional investors own 74.36% of the company’s stock.

A number of equities analysts recently commented on LUK shares. TheStreet raised shares of Leucadia National from a “c+” rating to a “b-” rating in a research note on Friday, November 3rd. Zacks Investment Research raised shares of Leucadia National from a “hold” rating to a “buy” rating and set a $30.00 price objective for the company in a research note on Thursday, February 1st.

Leucadia National Corp. (LUK) opened at $24.60 on Wednesday. The stock has a market capitalization of $8,849.82, a price-to-earnings ratio of 15.87, a PEG ratio of 0.85 and a beta of 1.24. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 1.02. Leucadia National Corp. has a 12-month low of $22.23 and a 12-month 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.

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

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