WINTON GROUP Ltd Has $1.11 Million Stock Holdings in Jackson Financial Inc. (NYSE:JXN)

WINTON GROUP Ltd reduced its holdings in Jackson Financial Inc. (NYSE:JXN - Free Report) by 85.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 12,721 shares of the company's stock after selling 74,195 shares during the quarter. WINTON GROUP Ltd's holdings in Jackson Financial were worth $1,108,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in JXN. Gordian Capital Singapore Pte Ltd boosted its position in shares of Jackson Financial by 300.0% in the third quarter. Gordian Capital Singapore Pte Ltd now owns 16,000 shares of the company's stock valued at $1,460,000 after acquiring an additional 12,000 shares during the period. Proficio Capital Partners LLC bought a new stake in Jackson Financial in the 4th quarter valued at $1,160,000. World Investment Advisors LLC acquired a new stake in Jackson Financial in the 3rd quarter worth $31,000. Stifel Financial Corp increased its holdings in shares of Jackson Financial by 43.3% during the 3rd quarter. Stifel Financial Corp now owns 47,564 shares of the company's stock worth $4,340,000 after purchasing an additional 14,364 shares during the period. Finally, New York Life Investment Management LLC acquired a new position in shares of Jackson Financial during the fourth quarter valued at about $689,000. 89.96% of the stock is currently owned by institutional investors.

Jackson Financial Price Performance

Shares of JXN traded up $1.87 during mid-day trading on Wednesday, reaching $86.35. The company had a trading volume of 99,559 shares, compared to its average volume of 880,973. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.30 and a quick ratio of 0.30. The company has a market capitalization of $6.27 billion, a P/E ratio of 7.54 and a beta of 1.48. Jackson Financial Inc. has a twelve month low of $62.81 and a twelve month high of $115.22. The company's 50-day moving average is $88.63 and its 200-day moving average is $92.95.

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Jackson Financial (NYSE:JXN - Get Free Report) last released its quarterly earnings data on Wednesday, February 19th. The company reported $4.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.72 by ($0.07). The business had revenue of $1.81 billion during the quarter, compared to analysts' expectations of $1.81 billion. On average, equities analysts anticipate that Jackson Financial Inc. will post 20.55 EPS for the current year.

Jackson Financial Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Tuesday, March 11th were paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 3.71%. This is a boost from Jackson Financial's previous quarterly dividend of $0.70. The ex-dividend date was Tuesday, March 11th. Jackson Financial's dividend payout ratio is currently 27.95%.

Insider Transactions at Jackson Financial

In other Jackson Financial news, CEO Scott Romine sold 7,000 shares of the business's stock in a transaction on Friday, March 7th. The stock was sold at an average price of $84.43, for a total value of $591,010.00. Following the transaction, the chief executive officer now owns 85,276 shares of the company's stock, valued at approximately $7,199,852.68. The trade was a 7.59 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.30% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on JXN shares. Keefe, Bruyette & Woods boosted their price target on Jackson Financial from $103.00 to $105.00 and gave the company a "market perform" rating in a research note on Friday, February 28th. Barclays upped their target price on Jackson Financial from $116.00 to $118.00 and gave the company an "overweight" rating in a research note on Thursday, February 20th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $97.40.

About Jackson Financial

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.