753 Shares in Jackson Financial Inc. (NYSE:JXN) Purchased by NBC Securities Inc.

NBC Securities Inc. acquired a new stake in Jackson Financial Inc. (NYSE:JXNFree Report) during the third quarter, according to its most recent filing with the SEC. The firm acquired 753 shares of the company’s stock, valued at approximately $28,000.

A number of other hedge funds have also recently bought and sold shares of the company. Carson Advisory Inc. lifted its stake in shares of Jackson Financial by 6.2% in the 2nd quarter. Carson Advisory Inc. now owns 42,675 shares of the company’s stock valued at $1,306,000 after purchasing an additional 2,498 shares during the period. JPMorgan Chase & Co. raised its stake in Jackson Financial by 58.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 742,492 shares of the company’s stock worth $22,728,000 after buying an additional 273,494 shares during the period. Bank of New York Mellon Corp raised its stake in Jackson Financial by 4.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 813,130 shares of the company’s stock worth $24,890,000 after buying an additional 34,635 shares during the period. Oregon Public Employees Retirement Fund acquired a new stake in Jackson Financial during the 3rd quarter worth $819,000. Finally, Hudson Value Partners LLC raised its stake in Jackson Financial by 2.0% during the 2nd quarter. Hudson Value Partners LLC now owns 114,790 shares of the company’s stock worth $3,513,000 after buying an additional 2,235 shares during the period. 79.20% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

JXN has been the topic of several recent research reports. Jefferies Financial Group reissued a “hold” rating and issued a $55.00 price target on shares of Jackson Financial in a research note on Tuesday, January 2nd. The Goldman Sachs Group lifted their price target on Jackson Financial from $39.00 to $47.00 and gave the company a “neutral” rating in a research note on Tuesday, January 9th. Finally, Morgan Stanley raised their price objective on Jackson Financial from $35.00 to $38.00 and gave the company an “equal weight” rating in a report on Wednesday, November 15th.

View Our Latest Stock Analysis on Jackson Financial

Jackson Financial Trading Up 3.0 %

Shares of JXN stock opened at $52.00 on Friday. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.48. Jackson Financial Inc. has a 12-month low of $26.70 and a 12-month high of $53.00. The firm has a 50 day moving average price of $50.09 and a two-hundred day moving average price of $42.42. The company has a market capitalization of $4.13 billion, a PE ratio of 2.48 and a beta of 1.54.

Jackson Financial (NYSE:JXNGet Free Report) last released its quarterly earnings results on Wednesday, November 8th. The company reported $3.80 earnings per share for the quarter, beating analysts’ consensus estimates of $3.57 by $0.23. The business had revenue of $2.61 billion during the quarter, compared to analyst estimates of $1.62 billion. During the same quarter in the previous year, the firm posted $4.24 earnings per share. As a group, analysts predict that Jackson Financial Inc. will post 13.82 earnings per share for the current year.

Jackson Financial Profile

(Free Report)

Jackson Financial Inc, through its subsidiaries, primarily provides a 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.

Further Reading

Institutional Ownership by Quarter for Jackson Financial (NYSE:JXN)

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