Opera Trading Capital Invests $360,000 in Janus Capital Group, Inc (JHG) Stock
Opera Trading Capital acquired a new position in Janus Capital Group, Inc (NYSE:JHG) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 10,340 shares of the company’s stock, valued at approximately $360,000.
A number of other institutional investors have also recently bought and sold shares of JHG. Fisher Asset Management LLC bought a new position in shares of Janus Capital Group during the 3rd quarter valued at $57,515,000. Gamco Investors INC. ET AL bought a new position in shares of Janus Capital Group during the 3rd quarter valued at $37,359,000. Gabelli Funds LLC bought a new position in shares of Janus Capital Group during the 3rd quarter valued at $23,517,000. Swiss National Bank bought a new position in Janus Capital Group in the 3rd quarter worth $11,093,000. Finally, Nationwide Fund Advisors bought a new position in Janus Capital Group in the 3rd quarter worth $10,647,000. 47.17% of the stock is owned by hedge funds and other institutional investors.
Shares of Janus Capital Group, Inc (JHG) traded up $1.06 during trading on Monday, hitting $36.42. 1,196,100 shares of the stock traded hands, compared to its average volume of 1,078,676. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.48 and a current ratio of 2.17. Janus Capital Group, Inc has a 1-year low of $23.90 and a 1-year high of $36.70. The firm has a market cap of $7,298.79, a price-to-earnings ratio of 16.93, a P/E/G ratio of 1.22 and a beta of 1.47.
Janus Capital Group (NYSE:JHG) last issued its earnings results on Thursday, November 9th. The company reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.04). Janus Capital Group had a net margin of 14.18% and a return on equity of 10.75%. The business had revenue of $454.60 million for the quarter, compared to analyst estimates of $524.44 million. During the same quarter last year, the firm posted $0.52 earnings per share. Janus Capital Group’s revenue was up 8.4% on a year-over-year basis. sell-side analysts predict that Janus Capital Group, Inc will post 2.39 earnings per share for the current year.
The firm also recently announced a dividend, which will be paid on Friday, December 1st. Stockholders of record on Monday, November 20th will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, November 17th. Janus Capital Group’s dividend payout ratio (DPR) is currently 257.63%.
Several research firms have issued reports on JHG. Zacks Investment Research upgraded shares of Janus Capital Group from a “hold” rating to a “strong-buy” rating and set a $39.00 price target on the stock in a research report on Friday, August 4th. Bank of America Corporation raised their price target on shares of Janus Capital Group from $34.00 to $38.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 9th. ValuEngine lowered shares of Janus Capital Group from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Deutsche Bank AG began coverage on shares of Janus Capital Group in a research report on Tuesday, October 17th. They issued a “hold” rating and a $36.00 price target on the stock. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $37.00 price target on shares of Janus Capital Group in a research report on Thursday, October 12th. Nine equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $35.93.
Janus Capital Group Profile
Janus Henderson Group plc is an asset management holding entity. Through its subsidiaries, the firm provides services to institutional, retail clients, and high net worth clients. It manages separate client-focused equity and fixed income portfolios. The firm also manages equity, fixed income, and balanced mutual funds for its clients.
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