Janus Living (NYSE:JAN) Coverage Initiated by Analysts at Huntington Sec

Investment analysts at Huntington Sec started coverage on shares of Janus Living (NYSE:JAN – Get Free Report) in a note issued to investors on Monday, Zacks reports. The brokerage set a “strong-buy” rating on the REIT’s stock.

A number of other equities research analysts have also issued reports on JAN. Cantor Fitzgerald increased their price target on Janus Living from $30.00 to $34.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th. Huntington started coverage on Janus Living in a research report on Thursday, September 10th. They set an “outperform” rating and a $36.00 price objective for the company. Jefferies Financial Group assumed coverage on shares of Janus Living in a research note on Tuesday, September 15th. They set a “buy” rating and a $36.00 target price on the stock. Wells Fargo & Company reduced their target price on shares of Janus Living from $35.00 to $34.00 and set an “overweight” rating on the stock in a report on Monday, October 19th. Finally, Morgan Stanley raised their target price on shares of Janus Living from $28.00 to $31.00 and gave the company an “overweight” rating in a report on Tuesday, August 18th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $32.35.

Check Out Our Latest Report on JAN

Janus Living Stock Up 4.1%

Janus Living stock opened at $29.60 on Monday. Janus Living has a twelve month low of $22.76 and a twelve month high of $32.83. The stock’s fifty day simple moving average is $29.61 and its 200-day simple moving average is $28.03.

Janus Living (NYSE:JAN – Get Free Report) last released its earnings results on Tuesday, August 4th. The REIT reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.18). The company had revenue of $216.46 million during the quarter, compared to analysts’ expectations of $203.32 million. The firm’s revenue for the quarter was up 45.4% compared to the same quarter last year. On average, analysts predict that Janus Living will post 0.97 earnings per share for the current fiscal year.

Institutional Trading of Janus Living

Institutional investors have recently bought and sold shares of the business. Pictet Asset Management Holding SA purchased a new position in shares of Janus Living in the 3rd quarter valued at about $344,000. State of Wyoming raised its position in shares of Janus Living by 258.7% during the 3rd quarter. State of Wyoming now owns 4,814 shares of the REIT’s stock worth $143,000 after acquiring an additional 3,472 shares in the last quarter. Asset Management One Co. Ltd. raised its position in shares of Janus Living by 1,764.5% during the 3rd quarter. Asset Management One Co. Ltd. now owns 130,326 shares of the REIT’s stock worth $3,862,000 after acquiring an additional 123,336 shares in the last quarter. Inspire Investing LLC purchased a new stake in Janus Living during the third quarter worth approximately $484,000. Finally, Nisa Investment Advisors LLC purchased a new stake in Janus Living during the third quarter worth approximately $27,000. 6.27% of the stock is owned by hedge funds and other institutional investors.

Key Janus Living News

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Analyst Recommendations for Janus Living (NYSE:JAN)

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