Old West Investment Management Lowers stake in Leucadia National Corp. (LUK)

Leucadia National Corp. (LUK) : Old West Investment Management reduced its stake in Leucadia National Corp. by 24.94% during the most recent quarter end. The investment management company now holds a total of 369,732 shares of Leucadia National Corp. which is valued at $7,675,636 after selling 122,855 shares in Leucadia National Corp. , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Leucadia National Corp. makes up approximately 5.56% of Old West Investment Management’s portfolio.

Other Hedge Funds, Including , Fdx Advisors reduced its stake in LUK by selling 10,675 shares or 12.21% in the most recent quarter. The Hedge Fund company now holds 76,757 shares of LUK which is valued at $1,593,475. Leucadia National Corp. makes up approx 0.07% of Fdx Advisors’s portfolio.Keybank National Associationoh reduced its stake in LUK by selling 4,611 shares or 29.83% in the most recent quarter. The Hedge Fund company now holds 10,848 shares of LUK which is valued at $213,163.Thompson Davis reduced its stake in LUK by selling 125 shares or 24.27% in the most recent quarter. The Hedge Fund company now holds 390 shares of LUK which is valued at $7,277. Leucadia National Corp. makes up approx 0.01% of Thompson Davis’s portfolio.Ancora Inverness reduced its stake in LUK by selling 790 shares or 3.52% in the most recent quarter. The Hedge Fund company now holds 21,625 shares of LUK which is valued at $387,304. Leucadia National Corp. makes up approx 0.14% of Ancora Inverness’s portfolio.Ngam Advisors boosted its stake in LUK in the latest quarter, The investment management firm added 23,338 additional shares and now holds a total of 147,231 shares of Leucadia National Corp. which is valued at $2,636,907. Leucadia National Corp. makes up approx 0.04% of Ngam Advisors’s portfolio.

Leucadia National Corp. opened for trading at $20.75 and hit $21.06 on the upside on Monday, eventually ending the session at $20.99, with a gain of 1.01% or 0.21 points. The heightened volatility saw the trading volume jump to 12,36,154 shares. Company has a market cap of $7,557 M.

Investors should note that on Oct 27, 2016, Leucadia National Corp. announced a cash dividend of $0.0625. The company’s management has announced Dec 12, 2016 as the ex-dividend date and fixed the record date on Dec 14, 2016. The payable date has been fixed on Dec 28, 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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