Leucadia National Corp. (LUK) : Sterling Capital Management reduced its stake in Leucadia National Corp. by 4.92% during the most recent quarter end. The investment management company now holds a total of 6,779,348 shares of Leucadia National Corp. which is valued at $140,739,264 after selling 350,462 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 1.29% of Sterling Capital Management’s portfolio.
Other Hedge Funds, Including , Kovitz Investment Group Partners reduced its stake in LUK by selling 32,372 shares or 1.5% in the most recent quarter. The Hedge Fund company now holds 2,129,498 shares of LUK which is valued at $44,208,378. Leucadia National Corp. makes up approx 2.53% of Kovitz Investment Group Partners’s portfolio.Brandes Investment Partners Lp reduced its stake in LUK by selling 101,582 shares or 2.07% in the most recent quarter. The Hedge Fund company now holds 4,802,083 shares of LUK which is valued at $97,002,077. Leucadia National Corp. makes up approx 1.41% of Brandes Investment Partners Lp’s portfolio.Blackrock Advisors boosted its stake in LUK in the latest quarter, The investment management firm added 2,767 additional shares and now holds a total of 137,707 shares of Leucadia National Corp. which is valued at $2,569,613. Lmr Partners Llp added LUK to its portfolio by purchasing 22,944 company shares during the most recent quarter which is valued at $420,334. Leucadia National Corp. makes up approx 0.05% of Lmr Partners Llp’s portfolio.Trust Co Of Vermont boosted its stake in LUK in the latest quarter, The investment management firm added 740 additional shares and now holds a total of 12,271 shares of Leucadia National Corp. which is valued at $230,695. Leucadia National Corp. makes up approx 0.03% of Trust Co Of Vermont’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