Leucadia National Corp raised its stake in Janus Capital Group Inc (NYSE:JNS) by 71.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 815,304 shares of the asset manager’s stock after buying an additional 339,131 shares during the period. Janus Capital Group accounts for 0.9% of Leucadia National Corp’s portfolio, making the stock its 11th largest position. Leucadia National Corp owned approximately 0.46% of Janus Capital Group worth $10,762,000 as of its most recent SEC filing.
Other hedge funds have also recently bought and sold shares of the company. Paragon Capital Management Ltd purchased a new stake in Janus Capital Group during the first quarter valued at about $155,000. Tudor Investment Corp Et Al bought a new stake in Janus Capital Group during the fourth quarter valued at $188,000. First Allied Advisory Services Inc. acquired a new position in Janus Capital Group during the fourth quarter valued at approximately $197,000. Capstone Asset Management Co. raised its position in Janus Capital Group by 40.2% in the first quarter. Capstone Asset Management Co. now owns 16,436 shares of the asset manager’s stock valued at $217,000 after buying an additional 4,709 shares in the last quarter. Finally, Westpac Banking Corp raised its position in Janus Capital Group by 729.1% in the first quarter. Westpac Banking Corp now owns 16,747 shares of the asset manager’s stock valued at $221,000 after buying an additional 14,727 shares in the last quarter. Institutional investors and hedge funds own 90.21% of the company’s stock.
Janus Capital Group Inc (NYSE JNS) remained flat at $14.17 on Tuesday. The company has a 50 day moving average of $13.76 and a 200 day moving average of $13.29. Janus Capital Group Inc has a one year low of $11.95 and a one year 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 for the quarter, beating the Zacks’ consensus estimate 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 company had revenue of $257.60 million during the quarter, compared to analysts’ expectations of $258.10 million. During the same quarter in the previous year, the business earned $0.19 earnings per share. The firm’s revenue for the quarter was up 3.7% on a year-over-year basis. Equities analysts anticipate that Janus Capital Group Inc will post $0.96 EPS for the current fiscal year.
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Separately, Zacks Investment Research raised shares of Janus Capital Group from a “sell” rating to a “hold” rating in a report on Thursday, April 13th. One analyst has rated the stock with a sell rating and seven have assigned a hold rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $14.50.
In other Janus Capital Group news, SVP Brennan A. Hughes sold 2,100 shares of the business’s 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 sale, the senior vice president now owns 34,748 shares in the company, valued at $498,286.32. The sale was disclosed in a document filed with the SEC, which is available through this link. 2.08% of the stock is currently owned by insiders.
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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