Arlington Value Capital Lowers stake in Leucadia National Corp. (LUK)

Leucadia National Corp. (LUK) : Arlington Value Capital reduced its stake in Leucadia National Corp. by 1.3% during the most recent quarter end. The investment management company now holds a total of 6,327,088 shares of Leucadia National Corp. which is valued at $118,063,462 after selling 83,359 shares in Leucadia National Corp. , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Leucadia National Corp. makes up approximately 12.40% of Arlington Value Capital’s portfolio.

Other Hedge Funds, Including , Lafayette Investments boosted its stake in LUK in the latest quarter, The investment management firm added 2,885 additional shares and now holds a total of 339,128 shares of Leucadia National Corp. which is valued at $6,328,128. Leucadia National Corp. makes up approx 2.54% of Lafayette Investments’s portfolio.Raymond James Associates boosted its stake in LUK in the latest quarter, The investment management firm added 57,182 additional shares and now holds a total of 188,740 shares of Leucadia National Corp. which is valued at $3,521,888. Leucadia National Corp. makes up approx 0.01% of Raymond James Associates’s portfolio.Sunbelt Securities boosted its stake in LUK in the latest quarter, The investment management firm added 341 additional shares and now holds a total of 29,198 shares of Leucadia National Corp. which is valued at $544,835. Leucadia National Corp. makes up approx 0.54% of Sunbelt Securities’s portfolio.Proficio Capital Partners reduced its stake in LUK by selling 197 shares or 72.43% in the most recent quarter. The Hedge Fund company now holds 75 shares of LUK which is valued at $1,370.

Leucadia National Corp. closed down -0.26 points or -1.36% at $18.89 with 13,69,308 shares getting traded on Thursday. Post opening the session at $19.2, the shares hit an intraday low of $18.77 and an intraday high of $19.22 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

Investors should note that on Jul 28, 2016, Leucadia National Corp. announced a cash dividend of $0.0625. The company’s management has announced Sep 15, 2016 as the ex-dividend date and fixed the record date on Sep 19, 2016. The payable date has been fixed on Sep 30, 2016.

Leucadia National Corporation (Leucadia) is a diversified holding company engaged through its subsidiaries in a variety of businesses. The Company’s business operations include capital markets and asset management. The capital markets business includes its securities commodities futures and foreign exchange brokerage trading provides the sales trading origination and advisory effort for various fixed income equity and advisory activities and investment banking which consist of underwritin

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