Public Employees Retirement Association of Colorado acquired a new position in Janus Capital Group, Inc (NYSE:JHG) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 14,694 shares of the company’s stock, valued at approximately $512,000.
A number of other institutional investors and hedge funds have also recently made changes to their positions in JHG. Fisher Asset Management LLC purchased a new stake in Janus Capital Group in the 3rd quarter worth about $57,515,000. Nationwide Fund Advisors purchased a new stake in Janus Capital Group in the 3rd quarter worth about $10,647,000. New York State Teachers Retirement System purchased a new stake in Janus Capital Group in the 3rd quarter worth about $4,950,000. State Treasurer State of Michigan purchased a new position in Janus Capital Group during the 3rd quarter valued at about $2,363,000. Finally, Profit Investment Management LLC purchased a new position in Janus Capital Group during the 3rd quarter valued at about $1,934,000. 47.17% of the stock is owned by institutional investors.
Shares of Janus Capital Group, Inc (NYSE JHG) opened at $37.04 on Tuesday. The stock has a market capitalization of $7,298.79, a PE ratio of 16.93, a PEG ratio of 1.22 and a beta of 1.47. The company has a current ratio of 2.17, a quick ratio of 1.48 and a debt-to-equity ratio of 0.09. Janus Capital Group, Inc has a 12-month low of $23.90 and a 12-month high of $37.07.
Janus Capital Group (NYSE:JHG) last issued its quarterly earnings results on Thursday, November 9th. The company reported $0.56 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.60 by ($0.04). The business had revenue of $454.60 million for the quarter, compared to the consensus estimate of $524.44 million. Janus Capital Group had a net margin of 14.18% and a return on equity of 10.75%. The business’s revenue was up 8.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.52 EPS. sell-side analysts forecast that Janus Capital Group, Inc will post 2.39 earnings per share for the current year.
The firm also recently declared a dividend, which will be paid on Friday, December 1st. Stockholders of record on Monday, November 20th will be given a dividend of $0.32 per share. The ex-dividend date is Friday, November 17th. Janus Capital Group’s dividend payout ratio (DPR) is presently 257.63%.
A number of research analysts have weighed in on the company. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $37.00 target price on shares of Janus Capital Group in a report on Friday. Citigroup Inc. reaffirmed a “neutral” rating and set a $37.00 target price (up previously from $34.50) on shares of Janus Capital Group in a report on Thursday, August 10th. Bank of America Corporation lifted their target price on Janus Capital Group from $34.00 to $38.00 and gave the company a “neutral” rating in a report on Wednesday, August 9th. Zacks Investment Research lowered Janus Capital Group from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. Finally, Deutsche Bank AG assumed coverage on Janus Capital Group in a report on Tuesday, October 17th. They set a “hold” rating and a $36.00 target price for the company. Nine equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Janus Capital Group has a consensus rating of “Hold” and a consensus target price of $35.93.
Janus Capital Group Company Profile
Janus Henderson Group plc is an asset management holding entity. Through its subsidiaries, the firm provides services to institutional, retail clients, and high net worth clients. It manages separate client-focused equity and fixed income portfolios. The firm also manages equity, fixed income, and balanced mutual funds for its clients.
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