Revenue Update on Janus Capital Group Inc(NYSE:JNS)

Janus Capital Group Inc(NYSE:JNS) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 26, 2016. Company reported revenue of $251.90M. Analysts estimated a revenue of $258.09M. Earnings per share were $0.21. Analysts had estimated an EPS of $0.22.

In a different note, On May 12, 2016, Wells Fargo said it Downgrades its rating on Janus Capital Group Inc. The shares have been rated ‘Market Perform’ by the firm.

Janus Capital Group Inc (JNS) made into the market gainers list on Fridays trading session with the shares advancing 1.14% or 0.17 points. Due to strong positive momentum, the stock ended at $15.1, which is also near the day’s high of $15.185. The stock began the session at $14.9 and the volume stood at 22,89,228 shares. The 52-week high of the shares is $16.555 and the 52 week low is $11.07. The company has a current market capitalization of $2,772 M and it has 18,35,45,550 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Jun 16, 2016, Jennifer J Mcpeek (EVP, Chief Financial Officer) sold 5,000 shares at $14.52 per share price.Also, On May 24, 2016, Brennan A. Hughes (SVP, Ch Acctg Ofcr, Treasurer) sold 16,461 shares at $14.54 per share price.On Feb 23, 2016, George S Batejan (EVP, Head of IT and Operations) sold 10,000 shares at $12.78 per share price, according to the Form-4 filing with the securities and exchange commission.

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).

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