Janus Capital Group Inc. (NYSE:JNS) – Jefferies Group decreased their Q4 2016 earnings per share (EPS) estimates for shares of Janus Capital Group in a research note issued to investors on Thursday. Jefferies Group analyst D. Fannon now forecasts that the brokerage will earn $0.24 per share for the quarter, down from their prior forecast of $0.25. Jefferies Group currently has a “Hold” rating and a $14.00 price target on the stock. Jefferies Group also issued estimates for Janus Capital Group’s Q2 2017 earnings at $0.25 EPS, Q3 2017 earnings at $0.27 EPS and Q4 2017 earnings at $0.28 EPS.

Janus Capital Group (NYSE:JNS) last announced its earnings results on Tuesday, October 25th. The company reported $0.24 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.23 by $0.01. The company earned $258.90 million during the quarter, compared to the consensus estimate of $258.29 million. Janus Capital Group had a net margin of 15.47% and a return on equity of 9.65%. The firm’s revenue for the quarter was down 5.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.22 earnings per share.

Earnings History and Estimates for Janus Capital Group (NYSE:JNS)

Other analysts have also issued research reports about the company. Zacks Investment Research upgraded Janus Capital Group from a “sell” rating to a “hold” rating in a research note on Friday, July 15th. Keefe, Bruyette & Woods raised their price target on Janus Capital Group from $15.00 to $15.50 and gave the company a “market perform” rating in a research note on Wednesday, July 27th. Citigroup Inc. raised their price target on Janus Capital Group from $15.00 to $16.00 and gave the company a “neutral” rating in a research note on Wednesday, October 5th. Morgan Stanley restated a “sell” rating and set a $13.00 price target on shares of Janus Capital Group in a research note on Thursday, July 28th. Finally, Credit Suisse Group AG restated a “hold” rating and set a $13.00 price target on shares of Janus Capital Group in a research note on Monday, November 7th. One analyst has rated the stock with a sell rating and eight have issued a hold rating to the company. Janus Capital Group has an average rating of “Hold” and a consensus price target of $14.50.

Shares of Janus Capital Group (NYSE:JNS) opened at 13.70 on Friday. The stock has a 50 day moving average of $13.74 and a 200 day moving average of $14.34. The stock has a market cap of $2.41 billion, a P/E ratio of 16.10 and a beta of 1.73. Janus Capital Group has a one year low of $11.07 and a one year high of $16.62.

The business also recently announced a quarterly dividend, which will be paid on Friday, November 18th. Shareholders of record on Monday, November 7th will be paid a $0.11 dividend. The ex-dividend date of this dividend is Thursday, November 3rd. This represents a $0.44 annualized dividend and a yield of 3.21%. Janus Capital Group’s dividend payout ratio (DPR) is presently 50.57%.

In other Janus Capital Group news, CFO Jennifer J. Mcpeek sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, September 14th. The stock was sold at an average price of $14.05, for a total value of $70,250.00. Following the completion of the sale, the chief financial officer now owns 128,710 shares of the company’s stock, valued at $1,808,375.50. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 2.08% of the stock is owned by company insiders.

A number of large investors have recently modified their holdings of JNS. CWM LLC increased its stake in shares of Janus Capital Group by 25.8% in the second quarter. CWM LLC now owns 812,732 shares of the company’s stock valued at $11,313,000 after buying an additional 166,863 shares in the last quarter. Donald L. Hagan LLC increased its stake in shares of Janus Capital Group by 2.1% in the second quarter. Donald L. Hagan LLC now owns 46,459 shares of the company’s stock valued at $647,000 after buying an additional 961 shares in the last quarter. LS Investment Advisors LLC increased its stake in shares of Janus Capital Group by 73.6% in the second quarter. LS Investment Advisors LLC now owns 8,864 shares of the company’s stock valued at $123,000 after buying an additional 3,757 shares in the last quarter. Foundry Partners LLC increased its stake in shares of Janus Capital Group by 94.1% in the second quarter. Foundry Partners LLC now owns 866,739 shares of the company’s stock valued at $12,065,000 after buying an additional 420,165 shares in the last quarter. Finally, Fisher Asset Management LLC increased its stake in shares of Janus Capital Group by 2.6% in the second quarter. Fisher Asset Management LLC now owns 4,182,839 shares of the company’s stock valued at $60,024,000 after buying an additional 105,890 shares in the last quarter. 93.20% of the stock is owned by institutional investors and hedge funds.

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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