Lecap Asset Management Ltd. Decreases Stock Position in Janus Henderson Group plc (NYSE:JHG)

Lecap Asset Management Ltd. cut its position in Janus Henderson Group plc (NYSE:JHG) by 20.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,656 shares of the company’s stock after selling 5,687 shares during the quarter. Lecap Asset Management Ltd.’s holdings in Janus Henderson Group were worth $824,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Duality Advisers LP purchased a new position in shares of Janus Henderson Group in the first quarter valued at $2,741,000. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Janus Henderson Group by 163.0% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 47,083 shares of the company’s stock valued at $1,549,000 after purchasing an additional 29,181 shares during the period. Russell Investments Group Ltd. boosted its stake in shares of Janus Henderson Group by 77.7% in the first quarter. Russell Investments Group Ltd. now owns 251,853 shares of the company’s stock valued at $8,283,000 after purchasing an additional 110,136 shares during the period. Mitsubishi UFJ Trust & Banking Corp boosted its stake in shares of Janus Henderson Group by 33.3% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 125,173 shares of the company’s stock valued at $4,052,000 after purchasing an additional 31,261 shares during the period. Finally, Price T Rowe Associates Inc. MD boosted its stake in Janus Henderson Group by 177.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 208,686 shares of the company’s stock valued at $6,865,000 after acquiring an additional 133,356 shares during the last quarter. 87.94% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have commented on JHG. StockNews.com downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday, August 16th. JPMorgan Chase & Co. increased their price objective on shares of Janus Henderson Group from $38.00 to $39.00 and gave the company a “neutral” rating in a research note on Friday, August 2nd. Morgan Stanley increased their price objective on shares of Janus Henderson Group from $39.00 to $42.00 and gave the company an “equal weight” rating in a research note on Friday, October 18th. The Goldman Sachs Group increased their price objective on shares of Janus Henderson Group from $36.00 to $37.00 and gave the company a “sell” rating in a research note on Thursday, October 3rd. Finally, TD Cowen increased their price objective on shares of Janus Henderson Group from $37.00 to $38.00 and gave the company a “buy” rating in a research note on Monday, July 8th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, Janus Henderson Group currently has a consensus rating of “Hold” and an average target price of $38.63.

Janus Henderson Group Stock Down 1.8 %

Shares of NYSE:JHG opened at $39.33 on Thursday. The stock has a market capitalization of $6.26 billion, a price-to-earnings ratio of 13.47, a price-to-earnings-growth ratio of 0.79 and a beta of 1.50. Janus Henderson Group plc has a 1-year low of $22.17 and a 1-year high of $41.47. The company’s fifty day moving average is $37.82 and its two-hundred day moving average is $35.14. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.67 and a current ratio of 4.05.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Thursday, August 1st. The company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.11. Janus Henderson Group had a net margin of 21.02% and a return on equity of 10.76%. The business had revenue of $588.40 million for the quarter, compared to analysts’ expectations of $568.79 million. During the same quarter last year, the company earned $0.62 EPS. The company’s revenue for the quarter was up 13.9% compared to the same quarter last year. Equities analysts anticipate that Janus Henderson Group plc will post 3.25 EPS for the current year.

Janus Henderson Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 28th. Investors of record on Monday, August 12th were issued a $0.39 dividend. The ex-dividend date of this dividend was Monday, August 12th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.97%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 53.42%.

Insider Buying and Selling

In related news, CFO Roger Mj Thompson sold 9,000 shares of the stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $35.38, for a total value of $318,420.00. Following the sale, the chief financial officer now owns 139,171 shares of the company’s stock, valued at $4,923,869.98. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CFO Roger Mj Thompson sold 9,000 shares of the stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $35.38, for a total value of $318,420.00. Following the sale, the chief financial officer now owns 139,171 shares of the company’s stock, valued at $4,923,869.98. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Michelle Rosenberg sold 7,651 shares of the stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $36.51, for a total transaction of $279,338.01. Following the completion of the sale, the chief accounting officer now directly owns 89,048 shares in the company, valued at approximately $3,251,142.48. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,651 shares of company stock valued at $918,158 in the last quarter. Company insiders own 19.60% of the company’s stock.

Janus Henderson Group Company Profile

Janus Henderson Group plc is an asset management holding entity. Through its subsidiaries, the firm provides services to institutional, retail clients, and high net worth clients. It manages separate client-focused equity and fixed income portfolios. The firm also manages equity, fixed income, and balanced mutual funds for its clients.