LS Investment Advisors LLC increased its position in shares of Janus Capital Group by 5.1% in the third quarter.
Henderson a year ago agreed to buy Janus in an all-share deal, as active fund managers pool resources to fend off growing competition from index-tracking funds. First Allied Advisory Services Inc. acquired a new position in shares of Janus Capital Group during the fourth quarter valued at approximately $197,000. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. Prudential PLC raised its stake in Janus Capital Group by 41.9% in the fourth quarter. The number of shares now owned by investors are 242.66 mln.
Shares of Janus Capital Group (NYSE:JNS) traded up 0.82% during mid-day trading on Wednesday, reaching $13.56. Stock exchanged hands with the total volume of 2.28 Million shares, as contrast to its average volume of 1.96 Million shares. The company has a market cap of $2.40 billion, a P/E ratio of 17.84 and a beta of 1.60. The stock has a 50 day moving average price of $12.96 and a 200 day moving average price of $13.19. The stock touched 52-week High of $16.33 on 10/03/16 and 52-week Low of $11.96 on 02/09/17.
Janus Capital Group (NYSE:JNS) last posted its quarterly earnings results on Thursday, April 20th. Its last 5-Year EPS growth stands at 0.00% with earnings growth of -33.70% yoy. The business earned $257.60 million during the quarter, compared to the consensus estimate of $258.10 million. The Return on Equity (ROE) and Return on Investment values are 0 percent and 8.4 percent respectively. The firm's quarterly revenue was up 3.7% on a year-over-year basis.
Janus Capital Group, Inc.
Ex-Syrian army gen.: Assad still has tons of chemical weapons
Sakat said Assad became more brazen after the U.S. failed to act when he crossed Barack Obama's "red line" with impunity. Zaher al-Sakat, who headed the division of chemical warfare in the Syrian military before fleeing the country.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 19th. Stockholders of record on Friday, May 5th will be issued a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.28%. Janus Capital Group's dividend payout ratio is presently 55.70%.
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JNS has been the topic of a number of recent analyst reports. Morgan Stanley set a $13.00 price objective on shares of Janus Capital Group and gave the stock a "sell" rating in a research report on Wednesday, January 25th. Also, the Hold rating count is 5 as of 04/24/17. Finally, JPMorgan Chase & Co. restated a "neutral" rating on shares of Janus Capital Group in a research report on Thursday, January 12th. The consensus recommendation by Thomson Reuters analysts is Hold and their mean rating for the stock is 3.27 on scale of 1-5. Buy rating has been given by 1 analysts to the company stock whereas 3 analysts given UNDERPERFORM rating to stock and 14 analysts given HOLD rating.
That puts the market capitalization at $2.48 bln.
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