Dividend of The Day: Janus Capital Group, Inc (NYSE:JNS) dividends of $0.11 are projected for the near future; this is why.

Dividend of The Day: Janus Capital Group, Inc (NYSE:JNS) dividends of $0.11 are projected for the near future; this is why.

Janus Capital Group, Inc (NYSE:JNS) is expected to pay $0.11 on Nov 18, 2016. The indicated annual dividend is $0.44. Shareholders owning the stock before Nov 3, 2016 will be eligible to receive the payout. Based on Janus Capital Group, Inc’s current price of $12.74, the dividend is 0.86%. This dividend’s record date is Nov 7, 2016 and the announcement date is Oct 25, 2016. The stock closed at $12.74 during the last session. It is down 12.92% since March 31, 2016 and is downtrending. It has underperformed by 15.44% the S&P500.

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 and subadvised relationships in both domestic and international markets. The company has a market cap of $2.31 billion. The Firm operates through its investment management business segment. It has a 14.89 P/E ratio.

Insitutional Activity: The institutional sentiment increased to 1.03 in 2016 Q2. Its up 0.12, from 0.91 in 2016Q1. The ratio increased, as 20 funds sold all Janus Capital Group Inc shares owned while 67 reduced positions. 17 funds bought stakes while 73 increased positions. They now own 170.15 million shares or 1.62% less from 172.95 million shares in 2016Q1.
Ls Advsrs Ltd Llc holds 8,864 shares or 0.01% of its portfolio. Moreover, One Association has 0.07% invested in Janus Capital Group Inc (NYSE:JNS) for 62,279 shares. Deere & holds 0.01% or 13,425 shares in its portfolio. Retirement Sys Of Alabama, a Alabama-based fund reported 188,150 shares. Blackrock holds 68,030 shares or 0% of its portfolio. Moreover, Schwab Charles Investment Management Inc has 0.02% invested in Janus Capital Group Inc (NYSE:JNS) for 871,304 shares. First Allied Advisory Services Incorporated has invested 0.01% of its portfolio in Janus Capital Group Inc (NYSE:JNS). Fuller Thaler Asset Management Inc has invested 0.95% of its portfolio in Janus Capital Group Inc (NYSE:JNS). Paradigm Asset Mngmt Llc has 0% invested in the company for 44,900 shares. National Bank & Trust Of Montreal Can reported 84,911 shares or 0% of all its holdings. Gabelli Funds Limited Liability Com, a New York-based fund reported 2.48M shares. Victory Cap Mngmt has 0.16% invested in the company for 2.92 million shares. Security Trust Commerce holds 0% or 600 shares in its portfolio. Ariel Advsrs Limited Liability has 0.11% invested in the company for 12,500 shares. Kings Point Cap Mgmt has 12,500 shares for 0.04% of their US portfolio.

Insider Transactions: Since May 4, 2016, the stock had 0 insider buys, and 5 selling transactions for $6.35 million net activity. On Wednesday, August 3 McPeek Jennifer J sold $73,000 worth of the stock or 5,000 shares. 406,659 shares were sold by DAI ICHI LIFE INSURANCE CO. – LTD., worth $5.90M. Another trade for 16,461 shares valued at $239,343 was sold by Hughes Brennan A..

Janus Capital Group Inc (NYSE:JNS) Ratings Coverage

Out of 6 analysts covering Janus Capital Group (NYSE:JNS), 0 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 0 are positive. Janus Capital Group has been the topic of 18 analyst reports since September 3, 2015 according to StockzIntelligence Inc. On Tuesday, October 4 the stock rating was downgraded by Jefferies to “Hold”. The firm has “Market Perform” rating by Wells Fargo given on Thursday, May 12. The company was downgraded on Wednesday, January 13 by JP Morgan. The company was downgraded on Monday, January 11 by Goldman Sachs. Wood maintained Janus Capital Group Inc (NYSE:JNS) on Thursday, September 3 with “Market Perform” rating. The stock has “Underweight” rating given by Morgan Stanley on Monday, September 21. The firm has “Buy” rating given on Wednesday, October 7 by Jefferies. The stock has “Buy” rating given by Jefferies on Friday, October 23. Wood maintained the stock with “Market Perform” rating in Friday, October 14 report. The stock has “Neutral” rating given by Citigroup on Wednesday, July 27.

More notable recent Janus Capital Group Inc (NYSE:JNS) news were published by: Fool.com which released: “Why Janus Capital Group Inc Stock Is Rising Today” on October 03, 2016, also Nasdaq.com with their article: “Janus Capital Group is Oversold” published on October 27, 2016, Prnewswire.com published: “Janus Capital Group Inc. Acquisition May Not Be in the Best Interests of JNS …” on October 06, 2016. More interesting news about Janus Capital Group Inc (NYSE:JNS) were released by: Businesswire.com and their article: “Robbins Arroyo LLP: Acquisition of Janus Capital Group Inc. (JNS) by Henderson …” published on October 10, 2016 as well as Moodys.com‘s news article titled: “Moody’s changes Janus’ outlook to positive” with publication date: October 05, 2016.

JNS Company Profile

Janus Capital Group Inc., incorporated on January 23, 1998, provides investment management, administration, distribution and related services to financial advisors, individuals and institutional clients through mutual funds, separate accounts, other pooled investment vehicles and subadvised relationships (collectively referred to as investment products) in both domestic and international markets. The Firm operates through investment management business segment. The Firm provides investment management solutions across a range of disciplines, including fundamental the United States and global equities (growth and value), mathematical equities, fixed income and alternatives, through its subsidiaries, Janus Capital Management LLC (Janus), INTECH Investment Management LLC (INTECH), Perkins Investment Management LLC (Perkins), VS Holdings, Inc. (VelocityShares) and Kapstream Capital Pty Limited (Kapstream).

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