Janney Montgomery Scott LLC Cuts Holdings in Janus Henderson Sustainable & Impact Core Bond ETF (NASDAQ:JACK)

Janney Montgomery Scott LLC trimmed its holdings in Janus Henderson Sustainable & Impact Core Bond ETF (NASDAQ:JACK) by 46.0% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 7,496 shares of the restaurant operator’s stock after selling 6,377 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Janus Henderson Sustainable & Impact Core Bond ETF were worth $204,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in JACK. Quadrant Capital Group LLC raised its holdings in Janus Henderson Sustainable & Impact Core Bond ETF by 96.7% in the 4th quarter. Quadrant Capital Group LLC now owns 899 shares of the restaurant operator’s stock worth $37,000 after purchasing an additional 442 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of Janus Henderson Sustainable & Impact Core Bond ETF in the 4th quarter worth about $40,000. PNC Financial Services Group Inc. grew its position in shares of Janus Henderson Sustainable & Impact Core Bond ETF by 168.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,558 shares of the restaurant operator’s stock worth $65,000 after buying an additional 978 shares during the period. KLP Kapitalforvaltning AS purchased a new stake in shares of Janus Henderson Sustainable & Impact Core Bond ETF in the 4th quarter worth about $137,000. Finally, DRW Securities LLC purchased a new stake in shares of Janus Henderson Sustainable & Impact Core Bond ETF in the 4th quarter worth about $202,000. 99.79% of the stock is currently owned by institutional investors.

Janus Henderson Sustainable & Impact Core Bond ETF Stock Performance

Janus Henderson Sustainable & Impact Core Bond ETF stock opened at $20.20 on Monday. The firm has a market capitalization of $381.38 million, a price-to-earnings ratio of -1.86 and a beta of 1.17. Janus Henderson Sustainable & Impact Core Bond ETF has a fifty-two week low of $16.63 and a fifty-two week high of $60.73. The stock’s fifty day moving average is $21.35 and its two-hundred day moving average is $29.90.

Janus Henderson Sustainable & Impact Core Bond ETF (NASDAQ:JACK) last posted its earnings results on Wednesday, May 14th. The restaurant operator reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.13 by $0.07. Janus Henderson Sustainable & Impact Core Bond ETF had a negative return on equity of 13.09% and a negative net margin of 13.70%. The company had revenue of $336.70 million for the quarter, compared to analyst estimates of $345.81 million. During the same quarter in the prior year, the company earned $1.46 earnings per share. Janus Henderson Sustainable & Impact Core Bond ETF’s revenue was down 7.8% compared to the same quarter last year. As a group, sell-side analysts forecast that Janus Henderson Sustainable & Impact Core Bond ETF will post 5.33 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

JACK has been the topic of several recent analyst reports. UBS Group cut their price objective on shares of Janus Henderson Sustainable & Impact Core Bond ETF from $44.00 to $27.00 and set a “neutral” rating on the stock in a research report on Thursday, May 15th. TD Securities restated a “hold” rating and set a $31.00 target price on shares of Janus Henderson Sustainable & Impact Core Bond ETF in a research note on Thursday, May 15th. The Goldman Sachs Group lowered their target price on shares of Janus Henderson Sustainable & Impact Core Bond ETF from $24.00 to $19.00 and set a “sell” rating on the stock in a research note on Wednesday, June 4th. Truist Financial cut shares of Janus Henderson Sustainable & Impact Core Bond ETF from a “buy” rating to a “hold” rating and lowered their target price for the company from $51.00 to $22.00 in a research note on Tuesday, May 27th. Finally, Sanford C. Bernstein set a $24.00 target price on shares of Janus Henderson Sustainable & Impact Core Bond ETF in a research note on Tuesday, April 22nd. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $37.68.

Janus Henderson Sustainable & Impact Core Bond ETF Profile

Jack in the Box Inc operates and franchises Jack in the Box and Del Taco quick-service restaurants in the United States. The company was founded in 1951 and is headquartered in San Diego, California.