Janus Capital Group Inc (JNS) Position Raised by Menta Capital LLC
Menta Capital LLC boosted its position in shares of Janus Capital Group Inc (NYSE:JNS) by 131.6% during the first quarter, according to its most recent filing with the SEC. The firm owned 231,135 shares of the asset manager s stock after buying an additional 131,349 shares during the period. Menta Capital LLC owned 0.13% of Janus Capital Group worth $3,051,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Paragon Capital Management Ltd purchased a new position in shares of Janus Capital Group during the first quarter worth about $155,000. MARSHALL WACE ASIA Ltd bought a new stake in Janus Capital Group during the first quarter worth $166,000. Marshall Wace North America L.P. bought a new stake in Janus Capital Group during the first quarter worth $166,000. Tudor Investment Corp Et Al bought a new stake in Janus Capital Group during the fourth quarter worth $188,000. Finally, First Allied Advisory Services Inc. bought a new stake in Janus Capital Group during the fourth quarter worth $197,000. 90.21% of the stock is currently owned by institutional investors and hedge funds.
Janus Capital Group Inc (NYSE JNS ) remained flat at $14.17 during mid-day trading on Friday. The company s 50-day moving average is $13.76 and its 200-day moving average is $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 released its earnings results on Thursday, April 20th. The asset manager reported $0.23 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.21 by $0.02. Janus Capital Group had a net margin of 14.17% and a return on equity of 8.98%. The company had revenue of $257.60 million for the quarter, compared to analyst estimates of $258.10 million. During the same quarter last year, the firm earned $0.19 EPS. The firm s quarterly revenue was up 3.7% compared to the same quarter last year. Equities analysts expect that Janus Capital Group Inc will post $0.96 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, May 19th. Investors of record on Friday, May 5th were issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 3.11%. The ex-dividend date of this dividend was Wednesday, May 3rd. Janus Capital Group s dividend payout ratio is currently 55.70%.
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Separately, Zacks Investment Research raised shares of Janus Capital Group from a sell rating to a hold rating in a research note on Thursday, April 13th. One investment analyst has rated the stock with a sell rating and seven have given a hold rating to the company s stock. The stock has an average rating of Hold and a consensus price target of $14.50.
In related news, SVP Brennan A. Hughes sold 2,100 shares of the stock in a transaction on Friday, May 19th. The shares were sold at an average price of $14.34, for a total transaction of $30,114.00. Following the transaction, the senior vice president now owns 34,748 shares of the company s stock, valued at approximately $498,286.32. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 2.08% of the stock is currently owned by company 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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