Shares of Janus Capital Group Inc. (NYSE:JNS) have been assigned an average rating of “Hold” from the ten analysts that are presently covering the stock. One research analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $14.00.

Several brokerages recently weighed in on JNS. Keefe, Bruyette & Woods raised their target price on shares of Janus Capital Group from $15.00 to $15.50 and gave the company a “market perform” rating in a report on Wednesday, July 27th. Jefferies Group reaffirmed a “buy” rating on shares of Janus Capital Group in a report on Thursday, August 11th. Citigroup Inc. raised their target price on shares of Janus Capital Group from $15.00 to $16.00 and gave the company a “neutral” rating in a report on Wednesday, October 5th. Zacks Investment Research cut shares of Janus Capital Group from a “buy” rating to a “hold” rating in a report on Wednesday, October 26th. Finally, Morgan Stanley reissued a “sell” rating and set a $13.00 price objective on shares of Janus Capital Group in a report on Thursday, July 28th.

In related news, CFO Jennifer J. Mcpeek sold 5,000 shares of Janus Capital Group stock in a transaction on Wednesday, November 2nd. The shares were sold at an average price of $12.63, for a total value of $63,150.00. Following the transaction, the chief financial officer now directly owns 123,710 shares in the company, valued at approximately $1,562,457.30. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 2.08% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently bought and sold shares of the stock. Geode Capital Management LLC raised its position in Janus Capital Group by 1.5% in the first quarter. Geode Capital Management LLC now owns 909,658 shares of the company’s stock worth $13,308,000 after buying an additional 13,708 shares during the period. Envestnet Asset Management Inc. raised its position in Janus Capital Group by 8.4% in the first quarter. Envestnet Asset Management Inc. now owns 84,274 shares of the company’s stock worth $1,233,000 after buying an additional 6,498 shares during the period. Metropolitan Life Insurance Co. NY raised its position in Janus Capital Group by 5.2% in the first quarter. Metropolitan Life Insurance Co. NY now owns 237,131 shares of the company’s stock worth $3,469,000 after buying an additional 11,660 shares during the period. BNP Paribas Arbitrage SA raised its position in Janus Capital Group by 47.3% in the second quarter. BNP Paribas Arbitrage SA now owns 73,623 shares of the company’s stock worth $1,025,000 after buying an additional 23,640 shares during the period. Finally, Fisher Asset Management LLC raised its position in 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 worth $60,024,000 after buying an additional 105,890 shares during the period. Hedge funds and other institutional investors own 94.36% of the company’s stock.

Janus Capital Group (NYSE:JNS) traded down 1.34% on Wednesday, hitting $13.99. 659,216 shares of the company traded hands. The stock’s 50-day moving average is $13.73 and its 200 day moving average is $14.31. The firm has a market capitalization of $2.46 billion, a P/E ratio of 16.44 and a beta of 1.73. Janus Capital Group has a 12 month low of $11.07 and a 12 month high of $16.62.

Janus Capital Group (NYSE:JNS) last issued its earnings results on Tuesday, October 25th. The company reported $0.24 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.23 by $0.01. The firm had revenue of $258.90 million for the quarter, compared to analysts’ expectations 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 was down 5.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.22 earnings per share. Equities analysts forecast that Janus Capital Group will post $0.87 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, November 18th. Stockholders of record on Monday, November 7th were issued a $0.11 dividend. The ex-dividend date was Thursday, November 3rd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.10%. Janus Capital Group’s payout ratio is 50.57%.

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About Janus Capital Group

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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