Janus Capital Group Inc (JNS) : Anchor Capital Advisors reduced its stake in Janus Capital Group Inc by 2.66% during the most recent quarter end. The investment management company now holds a total of 2,498,608 shares of Janus Capital Group Inc which is valued at $36,879,454 after selling 68,162 shares in Janus Capital Group Inc , the firm said in a disclosure report filed with the SEC on Aug 1, 2016.Janus Capital Group Inc makes up approximately 0.95% of Anchor Capital Advisors’s portfolio.
Other Hedge Funds, Including , Tealwood Asset Management Inc boosted its stake in JNS in the latest quarter, The investment management firm added 4,980 additional shares and now holds a total of 251,426 shares of Janus Capital Group Inc which is valued at $3,796,533. Janus Capital Group Inc makes up approx 1.63% of Tealwood Asset Management Inc’s portfolio.Donald L. Hagan boosted its stake in JNS in the latest quarter, The investment management firm added 961 additional shares and now holds a total of 46,459 shares of Janus Capital Group Inc which is valued at $688,522. Janus Capital Group Inc makes up approx 0.65% of Donald L. Hagan’s portfolio.Checchi Capital Advisers reduced its stake in JNS by selling 1,215 shares or 71.77% in the most recent quarter. The Hedge Fund company now holds 478 shares of JNS which is valued at $7,084.
Janus Capital Group Inc closed down -0.03 points or -0.20% at $14.62 with 8,96,469 shares getting traded on Thursday. Post opening the session at $14.72, the shares hit an intraday low of $14.58 and an intraday high of $14.76 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, Janus Capital Group Inc reported $0.21 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Jul 26, 2016. Analyst had a consensus of $0.22. The company had revenue of $251.90 million for the quarter, compared to analysts expectations of $254.73 million. The company’s revenue was down -7.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.24 EPS.
Many Wall Street Analysts have commented on Janus Capital Group Inc. Janus Capital Group Inc was Downgraded by Wells Fargo to ” Market Perform” on May 12, 2016.
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).