California State Teachers Retirement System Buys 2,400 Shares of Janus Capital Group, Inc (JNS)

California State Teachers Retirement System Buys 2,400 Shares of Janus Capital Group, Inc (JNS)

California State Teachers Retirement System increased its position in shares of Janus Capital Group, Inc (NYSE:JNS) by 0.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 305,744 shares of the company’s stock after buying an additional 2,400 shares during the period. California State Teachers Retirement System owned about 0.17% of Janus Capital Group worth $4,283,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. increased its position in shares of Janus Capital Group by 1.8% in the second quarter. PNC Financial Services Group Inc. now owns 15,783 shares of the company’s stock valued at $220,000 after buying an additional 272 shares during the last quarter. LS Investment Advisors LLC increased its position in shares of Janus Capital Group by 5.1% in the third quarter. LS Investment Advisors LLC now owns 9,317 shares of the company’s stock valued at $131,000 after buying an additional 453 shares during the last quarter. BlackRock Advisors LLC increased its position in shares of Janus Capital Group by 1.3% in the second quarter. BlackRock Advisors LLC now owns 68,030 shares of the company’s stock valued at $947,000 after buying an additional 840 shares during the last quarter. Municipal Employees Retirement System of Michigan increased its position in shares of Janus Capital Group by 1.4% in the third quarter. Municipal Employees Retirement System of Michigan now owns 65,490 shares of the company’s stock valued at $918,000 after buying an additional 920 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund increased its position in shares of Janus Capital Group by 2.0% in the third quarter. Oregon Public Employees Retirement Fund now owns 50,138 shares of the company’s stock valued at $702,000 after buying an additional 1,005 shares during the last quarter. 93.42% of the stock is currently owned by institutional investors.

Shares of Janus Capital Group, Inc (NYSE:JNS) traded down 1.90% during mid-day trading on Friday, hitting $12.42. 3,319,258 shares of the company’s stock traded hands. The company has a market cap of $2.19 billion, a PE ratio of 15.92 and a beta of 1.73. The firm has a 50-day moving average of $13.43 and a 200 day moving average of $14.02. Janus Capital Group, Inc has a 52 week low of $11.07 and a 52 week high of $16.62.

Janus Capital Group (NYSE:JNS) last announced its quarterly earnings data on Tuesday, January 24th. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by $0.04. The firm earned $251.40 million during the quarter, compared to the consensus estimate of $262.36 million. Janus Capital Group had a net margin of 14.17% and a return on equity of 8.98%. The business’s revenue was down 6.1% compared to the same quarter last year. During the same period last year, the business earned $0.25 earnings per share. Equities research analysts predict that Janus Capital Group, Inc will post $0.93 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 17th. Investors of record on Monday, February 6th will be paid a $0.11 dividend. The ex-dividend date of this dividend is Thursday, February 2nd. This represents a $0.44 dividend on an annualized basis and a yield of 3.54%. Janus Capital Group’s dividend payout ratio (DPR) is 55.70%.

Several research analysts have recently commented on JNS shares. Wells Fargo & Company reissued a “market perform” rating on shares of Janus Capital Group in a report on Wednesday, October 5th. Zacks Investment Research raised Janus Capital Group from a “strong sell” rating to a “hold” rating and set a $16.00 price objective on the stock in a report on Friday, October 7th. Morgan Stanley set a $13.00 price objective on Janus Capital Group and gave the stock a “sell” rating in a report on Wednesday. Credit Suisse Group reaffirmed a “hold” rating and set a $13.00 price objective on shares of Janus Capital Group in a report on Monday, November 7th. Finally, Jefferies Group LLC reaffirmed a “hold” rating on shares of Janus Capital Group in a report on Wednesday, October 26th. Two research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $14.57.

In related 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 directly owns 118,710 shares of the company’s stock, valued at $1,595,462.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.08% of the company’s stock.

Janus Capital Group Company Profile

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.

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