Janus Capital Group Inc. (NYSE:JNS) is scheduled to be releasing its Q416 earnings data on Tuesday, January 24th. Analysts expect Janus Capital Group to post earnings of $0.24 per share and revenue of $265.24 million for the quarter.
Janus Capital Group Inc. (NYSE:JNS) opened at 13.55 on Monday. Janus Capital Group Inc. has a 1-year low of $11.07 and a 1-year high of $16.62. The company has a market capitalization of $2.39 billion, a P/E ratio of 15.92 and a beta of 1.73. The firm’s 50-day moving average is $13.63 and its 200-day moving average is $14.07.
Several research firms recently commented on JNS. JPMorgan Chase & Co. restated a “neutral” rating on shares of Janus Capital Group in a report on Thursday, January 12th. Citigroup Inc. raised their price objective on shares of Janus Capital Group from $15.00 to $16.00 and gave the company a “neutral” rating in a research report on Wednesday, October 5th. Wells Fargo & Co. reaffirmed a “market perform” rating on shares of Janus Capital Group in a research report on Wednesday, October 5th. Zacks Investment Research raised shares of Janus Capital Group from a “strong sell” rating to a “hold” rating and set a $16.00 price objective on the stock in a research report on Friday, October 7th. Finally, Jefferies Group reaffirmed a “hold” rating on shares of Janus Capital Group in a research report on Wednesday, October 26th. One equities research analyst has rated the stock with a sell rating and seven have issued a hold rating to the company. The stock currently has an average rating of “Hold” and an average target price of $14.50.
In other news, CFO Jennifer J. Mcpeek sold 5,000 shares of Janus Capital Group stock in a transaction that occurred on Wednesday, December 14th. The shares were sold at an average price of $13.44, for a total value of $67,200.00. Following the transaction, the chief financial officer now owns 118,710 shares of the company’s stock, valued at $1,595,462.40. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 2.08% of the company’s stock.
Institutional investors have recently added to or reduced their stakes in the stock. Clinton Group Inc. raised its position in Janus Capital Group by 87.6% in the second quarter. Clinton Group Inc. now owns 38,834 shares of the company’s stock worth $541,000 after buying an additional 18,139 shares in the last quarter. Paradigm Asset Management Co. LLC purchased a new position in Janus Capital Group during the second quarter worth approximately $625,000. Hsbc Holdings PLC purchased a new position in Janus Capital Group during the second quarter worth approximately $146,000. Profund Advisors LLC raised its position in shares of Janus Capital Group by 10.1% in the second quarter. Profund Advisors LLC now owns 26,059 shares of the company’s stock worth $363,000 after buying an additional 2,398 shares during the period. Finally, Teachers Advisors Inc. raised its position in shares of Janus Capital Group by 4.7% in the second quarter. Teachers Advisors Inc. now owns 254,081 shares of the company’s stock worth $3,537,000 after buying an additional 11,341 shares during the period. 93.41% of the stock is currently owned by institutional investors.
About Janus Capital Group
Janus Capital Group Inc provides investment management, administration, distribution and related services to financial advisors, individuals and institutional clients through mutual funds, separate accounts, other pooled investment vehicles and subadvised relationships (collectively referred to as investment products) in both domestic and international markets.