BT Investment Management Ltd acquired a new stake in shares of Janus Capital Group, Inc (NYSE:JHG) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,925 shares of the company’s stock, valued at approximately $346,000.
Several other large investors also recently added to or reduced their stakes in JHG. Bartlett & Co. LLC purchased a new stake in shares of Janus Capital Group during the third quarter valued at approximately $101,000. First Manhattan Co. purchased a new stake in shares of Janus Capital Group during the third quarter valued at approximately $123,000. Trust Co. of Vermont purchased a new stake in shares of Janus Capital Group during the third quarter valued at approximately $143,000. Oakbrook Investments LLC purchased a new stake in shares of Janus Capital Group during the third quarter valued at approximately $237,000. Finally, Athos Capital Ltd purchased a new stake in shares of Janus Capital Group during the third quarter valued at approximately $359,000. 47.33% of the stock is owned by hedge funds and other institutional investors.
Shares of Janus Capital Group, Inc (NYSE JHG) opened at $36.42 on Friday. Janus Capital Group, Inc has a 52 week low of $23.90 and a 52 week high of $36.70. The company has a market capitalization of $7,086.36, a price-to-earnings ratio of 16.44, a P/E/G ratio of 1.18 and a beta of 1.47. The company has a quick ratio of 1.48, a current ratio of 2.17 and a debt-to-equity ratio of 0.07.
Janus Capital Group (NYSE:JHG) last announced its quarterly earnings results on Thursday, November 9th. The company reported $0.56 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.04). Janus Capital Group had a return on equity of 12.69% and a net margin of 14.18%. The business had revenue of $454.60 million during the quarter, compared to analysts’ expectations of $524.44 million. During the same period in the previous year, the business earned $0.52 EPS. The business’s revenue was up 8.4% compared to the same quarter last year. analysts expect that Janus Capital Group, Inc will post 2.4 EPS for the current fiscal year.
The firm also recently declared a dividend, which will be paid on Friday, December 1st. Investors of record on Monday, November 20th will be paid a $0.32 dividend. The ex-dividend date is Friday, November 17th. Janus Capital Group’s payout ratio is 257.63%.
A number of analysts have recently weighed in on JHG shares. ValuEngine raised Janus Capital Group from a “hold” rating to a “buy” rating in a research note on Friday, October 27th. Citigroup Inc. raised Janus Capital Group from a “neutral” rating to a “buy” rating and set a $39.00 price objective for the company in a research note on Thursday. Zacks Investment Research lowered Janus Capital Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 24th. Deutsche Bank AG started coverage on Janus Capital Group in a research note on Tuesday, October 17th. They set a “hold” rating and a $36.00 price objective for the company. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $37.00 price objective on shares of Janus Capital Group in a research note on Thursday, October 12th. Nine investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $35.93.
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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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