Barclays PLC Has $12.22 Million Stock Position in Jackson Financial Inc. (NYSE:JXN)

Barclays PLC grew its holdings in shares of Jackson Financial Inc. (NYSE:JXN - Free Report) by 251.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 134,001 shares of the company's stock after purchasing an additional 95,893 shares during the period. Barclays PLC owned approximately 0.18% of Jackson Financial worth $12,223,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Hantz Financial Services Inc. acquired a new stake in Jackson Financial in the 2nd quarter valued at about $25,000. Blue Trust Inc. raised its holdings in shares of Jackson Financial by 232.1% during the third quarter. Blue Trust Inc. now owns 372 shares of the company's stock valued at $34,000 after acquiring an additional 260 shares during the period. CWM LLC grew its position in Jackson Financial by 80.5% during the 2nd quarter. CWM LLC now owns 1,025 shares of the company's stock worth $76,000 after purchasing an additional 457 shares in the last quarter. Farmers & Merchants Investments Inc. raised its stake in Jackson Financial by 2,173.9% during the 2nd quarter. Farmers & Merchants Investments Inc. now owns 1,046 shares of the company's stock valued at $78,000 after purchasing an additional 1,000 shares during the period. Finally, Fifth Third Bancorp lifted its holdings in shares of Jackson Financial by 1,267.8% in the second quarter. Fifth Third Bancorp now owns 1,614 shares of the company's stock valued at $120,000 after purchasing an additional 1,496 shares in the last quarter. Institutional investors and hedge funds own 89.96% of the company's stock.

Jackson Financial Stock Up 1.0 %

Shares of Jackson Financial stock traded up $0.90 during midday trading on Monday, reaching $92.45. 816,334 shares of the company's stock traded hands, compared to its average volume of 731,924. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.30 and a current ratio of 0.30. Jackson Financial Inc. has a 52 week low of $47.49 and a 52 week high of $115.22. The company's 50 day simple moving average is $100.13 and its 200 day simple moving average is $87.93. The company has a market cap of $6.83 billion, a price-to-earnings ratio of -7.31 and a beta of 1.42.

Jackson Financial (NYSE:JXN - Get Free Report) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $4.60 EPS for the quarter, missing analysts' consensus estimates of $4.67 by ($0.07). The firm had revenue of $2.12 billion during the quarter, compared to analyst estimates of $1.73 billion. During the same quarter last year, the company posted $3.80 earnings per share. Equities analysts expect that Jackson Financial Inc. will post 18.8 earnings per share for the current fiscal year.

Jackson Financial Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 5th will be paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 3.03%. The ex-dividend date is Thursday, December 5th. Jackson Financial's payout ratio is currently -22.15%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on JXN. Evercore ISI downgraded Jackson Financial from an "in-line" rating to an "underperform" rating and lifted their price target for the company from $74.00 to $95.00 in a report on Thursday, November 14th. Barclays raised their price target on shares of Jackson Financial from $109.00 to $111.00 and gave the stock an "overweight" rating in a report on Tuesday, October 8th. Finally, Morgan Stanley upped their price objective on shares of Jackson Financial from $86.00 to $89.00 and gave the company an "equal weight" rating in a research note on Monday, August 19th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $84.00.

Insider Buying and Selling at Jackson Financial

In other Jackson Financial news, EVP Carrie Chelko sold 5,500 shares of Jackson Financial stock in a transaction on Thursday, September 19th. The shares were sold at an average price of $91.31, for a total transaction of $502,205.00. Following the sale, the executive vice president now owns 61,829 shares in the company, valued at $5,645,605.99. The trade was a 8.17 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Gregory T. Durant purchased 1,500 shares of the company's stock in a transaction that occurred on Wednesday, December 11th. The stock was acquired at an average cost of $90.28 per share, with a total value of $135,420.00. Following the transaction, the director now directly owns 32,023 shares of the company's stock, valued at approximately $2,891,036.44. This represents a 4.91 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 1.30% of the company's stock.

Jackson Financial Profile

Jackson Financial Inc, through its subsidiaries, provides suite of annuities to retail investors in the United States. The company operates through three segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks. The Retail Annuities segment offers various retirement income and savings products, including variable, fixed index, fixed, and payout annuities, as well as registered index-linked annuities and lifetime income solutions.