Wall Street Zen downgraded shares of Janus Living (NYSE:JAN – Free Report) from a hold rating to a sell rating in a research note issued to investors on Saturday morning,Wall Street Zen reports.
JAN has been the subject of several other research reports. Compass Point started coverage on Janus Living in a research note on Wednesday, September 16th. They set a “neutral” rating and a $37.00 target price for the company. Royal Bank Of Canada raised their price target on shares of Janus Living from $30.00 to $34.00 and gave the company an “outperform” rating in a research note on Monday, August 10th. Mizuho started coverage on shares of Janus Living in a report on Monday, November 2nd. They set an “outperform” rating and a $33.00 price target on the stock. Morgan Stanley upped their price objective on shares of Janus Living from $28.00 to $31.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 18th. Finally, Cantor Fitzgerald dropped their price objective on shares of Janus Living from $34.00 to $33.00 and set an “overweight” rating for the company in a research note on Wednesday, November 4th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $32.29.
Check Out Our Latest Stock Analysis on JAN
Janus Living Stock Down 0.1%
Shares of Janus Living stock opened at $31.94 on Friday. The company has a 50 day moving average of $29.61 and a 200-day moving average of $28.11. Janus Living has a 1-year low of $22.76 and a 1-year high of $32.83.
Janus Living Dividend Announcement
The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, December 29th. Investors of record on Friday, December 18th will be paid a $0.0475 dividend. The ex-dividend date of this dividend is Friday, December 18th. This represents a $0.57 annualized dividend and a dividend yield of 1.8%.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of JAN. Allspring Global Investments Holdings LLC acquired a new stake in shares of Janus Living during the third quarter worth $38,077,000. Engineers Gate Manager LP acquired a new position in Janus Living in the second quarter valued at approximately $15,274,000. Wellington Management Group LLP bought a new position in shares of Janus Living during the 2nd quarter worth approximately $8,739,000. Asset Management One Co. Ltd. boosted its holdings in shares of Janus Living by 1,764.5% during the 3rd quarter. Asset Management One Co. Ltd. now owns 130,326 shares of the REIT’s stock worth $3,862,000 after buying an additional 123,336 shares in the last quarter. Finally, WINTON GROUP Ltd bought a new position in shares of Janus Living during the 2nd quarter worth approximately $2,985,000. 6.27% of the stock is owned by institutional investors.
Janus Living Company Profile
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