Janus Capital Group Inc (JNS) : Contrarius Investment Management Ltd has sold out all of its stake in Janus Capital Group Inc during the most recent quarter, according to the disclosure filed by the company on Aug 3, 2016 with the SEC. The investment management company has sold out 58,063 shares of Janus Capital Group Inc which is valued at $857,010.
Other Hedge Funds, Including , California Public Employees Retirement System boosted its stake in JNS in the latest quarter, The investment management firm added 3,800 additional shares and now holds a total of 447,400 shares of Janus Capital Group Inc which is valued at $6,603,624. Janus Capital Group Inc makes up approx 0.01% of California Public Employees Retirement System’s portfolio.Cwm boosted its stake in JNS in the latest quarter, The investment management firm added 166,863 additional shares and now holds a total of 812,732 shares of Janus Capital Group Inc which is valued at $12,044,688. Janus Capital Group Inc makes up approx 0.84% of Cwm’s portfolio.North Star Investment Management Corp. reduced its stake in JNS by selling 2,486 shares or 1.65% in the most recent quarter. The Hedge Fund company now holds 148,638 shares of JNS which is valued at $2,210,247. Janus Capital Group Inc makes up approx 0.40% of North Star Investment Management Corp.’s portfolio.
Janus Capital Group Inc closed down -0.26 points or -1.74% at $14.71 with 22,77,992 shares getting traded on Monday. Post opening the session at $14.9, the shares hit an intraday low of $14.64 and an intraday high of $14.93 and the price fluctuated in this range throughout the day.Shares ended Monday 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).