Nomura Holdings Inc. raised its stake in shares of Janus Capital Group Inc (NYSE:JNS) by 17.3% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 208,300 shares of the asset manager’s stock after buying an additional 30,697 shares during the period. Nomura Holdings Inc.’s holdings in Janus Capital Group were worth $2,748,000 as of its most recent filing with the SEC.
Other hedge funds have also bought and sold shares of the company. Paragon Capital Management Ltd acquired a new stake in Janus Capital Group during the first quarter valued at approximately $155,000. MARSHALL WACE ASIA Ltd acquired a new stake in Janus Capital Group during the first quarter valued at approximately $166,000. Marshall Wace North America L.P. acquired a new stake in Janus Capital Group during the first quarter valued at approximately $166,000. Tudor Investment Corp Et Al acquired a new stake in Janus Capital Group during the fourth quarter valued at approximately $188,000. Finally, First Allied Advisory Services Inc. acquired a new stake in Janus Capital Group during the fourth quarter valued at approximately $197,000. 90.21% of the stock is owned by institutional investors and hedge funds.
Shares of Janus Capital Group Inc (NYSE:JNS) remained flat at $14.17 during trading on Friday. The stock has a 50 day moving average of $13.76 and a 200-day moving average of $13.29. Janus Capital Group Inc has a 52-week low of $11.95 and a 52-week high of $16.62.
Janus Capital Group (NYSE:JNS) last issued its quarterly earnings data on Thursday, April 20th. The asset manager reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.02. Janus Capital Group had a return on equity of 8.98% and a net margin of 14.17%. The business had revenue of $257.60 million during the quarter, compared to analyst estimates of $258.10 million. During the same period in the prior year, the company posted $0.19 EPS. The business’s revenue for the quarter was up 3.7% compared to the same quarter last year. Equities analysts predict that Janus Capital Group Inc will post $0.96 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 19th. Investors of record on Friday, May 5th were issued a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 3.11%. The ex-dividend date was Wednesday, May 3rd. Janus Capital Group’s dividend payout ratio (DPR) is 55.70%.
Separately, Zacks Investment Research raised Janus Capital Group from a “sell” rating to a “hold” rating in a report on Thursday, April 13th. One investment analyst has rated the stock with a sell rating and seven have issued a hold rating to the company’s stock. Janus Capital Group presently has an average rating of “Hold” and a consensus price target of $14.50.
In related news, SVP Brennan A. Hughes sold 2,100 shares of the stock in a transaction that occurred on Friday, May 19th. The stock was sold at an average price of $14.34, for a total value of $30,114.00. Following the completion of the transaction, the senior vice president now directly owns 34,748 shares of the company’s stock, valued at approximately $498,286.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate 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, exchange-traded products (ETPs) and subadvised relationships (collectively referred to as investment products) in both domestic and international markets.
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