Janus Capital Group Inc (JNS) Stake Raised by UBS Group AG

UBS Group AG increased its stake in shares of Janus Capital Group Inc (NYSE:JNS) by 284.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 732,414 shares of the asset manager’s stock after buying an additional 542,145 shares during the period. UBS Group AG’s holdings in Janus Capital Group were worth $9,668,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in JNS. Paragon Capital Management Ltd acquired a new stake in shares of Janus Capital Group during the first quarter worth approximately $155,000. MARSHALL WACE ASIA Ltd acquired a new stake in shares of Janus Capital Group during the first quarter worth approximately $166,000. Marshall Wace North America L.P. acquired a new stake in shares of Janus Capital Group during the first quarter worth approximately $166,000. Tudor Investment Corp Et Al acquired a new stake in shares of Janus Capital Group during the fourth quarter worth approximately $188,000. Finally, First Allied Advisory Services Inc. acquired a new stake in shares of Janus Capital Group during the fourth quarter worth approximately $197,000. Institutional investors own 90.21% of the company’s stock.

Institutional Ownership by Quarter for Janus Capital Group (NYSE:JNS)

Shares of Janus Capital Group Inc (NYSE:JNS) remained flat at $14.17 during midday trading on Tuesday. Janus Capital Group Inc has a 52 week low of $11.95 and a 52 week high of $16.62. The firm has a 50-day moving average price of $13.76 and a 200 day moving average price of $13.29.

Janus Capital Group (NYSE:JNS) last posted its earnings results on Thursday, April 20th. The asset manager reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.02. The firm had revenue of $257.60 million during the quarter, compared to analyst estimates of $258.10 million. Janus Capital Group had a net margin of 14.17% and a return on equity of 8.98%. Janus Capital Group’s revenue was up 3.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.19 EPS. 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 investment analyst has rated the stock with a sell rating and seven have issued a hold rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price 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 dated Friday, May 19th. The shares were sold at an average price of $14.34, for a total transaction of $30,114.00. Following the completion of the transaction, the senior vice president now directly owns 34,748 shares of the company’s stock, valued at approximately $498,286.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 2.08% of the company’s stock.

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, exchange-traded products (ETPs) and subadvised relationships (collectively referred to as investment products) in both domestic and international markets.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “JNS”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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