JANUS CAPITAL GROUP INC COM (JNS) : Shine Investment Advisory Services Inc reduced its stake in JANUS CAPITAL GROUP INC COM by 8.53% during the most recent quarter end. The investment management company now holds a total of 245,428 shares of JANUS CAPITAL GROUP INC COM which is valued at $3,823,768 after selling 22,890 shares in JANUS CAPITAL GROUP INC COM , the firm said in a disclosure report filed with the SEC on Apr 21, 2016.JANUS CAPITAL GROUP INC COM makes up approximately 4.23% of Shine Investment Advisory Services Inc’s portfolio.
JANUS CAPITAL GROUP INC COM opened for trading at $15.21 and hit $15.535 on the upside on Wednesday, eventually ending the session at $15.44, with a gain of 1.51% or 0.23 points. The heightened volatility saw the trading volume jump to 21,75,932 shares. Company has a market cap of $2,870 M.
Other Hedge Funds, Including , Strs Ohio sold out all of its stake in JNS during the most recent quarter. The investment firm sold 8,500 shares of JNS which is valued $132,430. Next Financial Group Inc sold out all of its stake in JNS during the most recent quarter. The investment firm sold 29 shares of JNS which is valued $452.Creative Planning reduced its stake in JNS by selling 165 shares or 5.63% in the most recent quarter. The Hedge Fund company now holds 2,766 shares of JNS which is valued at $39,194.
On the company’s financial health, JANUS CAPITAL GROUP INC COM reported $0.19 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Apr 26, 2016. Analyst had a consensus of $0.20. The company had revenue of $248.50 million for the quarter, compared to analysts expectations of $254.84 million. The company’s revenue was down -5.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.23 EPS.
Janus Capital Group Inc. provides investment management administration distribution and related services to financial advisors individuals and institutional clients through mutual funds other pooled investment vehicles separate accounts and subadvised relationships (collectively referred to as investment products) in both domestic and international markets. The Company provides investment management solutions across a range of disciplines including fundamental United States and global equities (growth and value) mathematical equities fixed income and alternatives through its subsidiaries Janus Capital Management LLC (Janus) VelocityShares LLC INTECH Investment Management LLC (INTECH) and Perkins Investment Management LLC (Perkins).