Janus Henderson Group plc $JHG Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp cut its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 64.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 43,303 shares of the company’s stock after selling 77,129 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Janus Henderson Group were worth $1,927,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Quent Capital LLC acquired a new position in Janus Henderson Group during the 3rd quarter worth approximately $36,000. Traub Capital Management LLC purchased a new stake in shares of Janus Henderson Group in the second quarter valued at approximately $37,000. True Wealth Design LLC grew its holdings in Janus Henderson Group by 1,019.4% during the third quarter. True Wealth Design LLC now owns 1,556 shares of the company’s stock worth $69,000 after acquiring an additional 1,417 shares during the period. Richardson Financial Services Inc. raised its position in Janus Henderson Group by 237.8% in the third quarter. Richardson Financial Services Inc. now owns 1,598 shares of the company’s stock worth $71,000 after acquiring an additional 1,125 shares in the last quarter. Finally, Allworth Financial LP lifted its holdings in Janus Henderson Group by 52.8% in the second quarter. Allworth Financial LP now owns 2,234 shares of the company’s stock valued at $87,000 after acquiring an additional 772 shares during the period. 87.94% of the stock is owned by institutional investors and hedge funds.

Janus Henderson Group Stock Performance

NYSE JHG opened at $48.16 on Friday. The business’s 50-day moving average price is $46.50 and its 200 day moving average price is $44.58. The company has a current ratio of 4.02, a quick ratio of 2.15 and a debt-to-equity ratio of 0.08. Janus Henderson Group plc has a twelve month low of $28.26 and a twelve month high of $49.42. The company has a market capitalization of $7.44 billion, a PE ratio of 14.12, a price-to-earnings-growth ratio of 0.78 and a beta of 1.54.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Friday, January 30th. The company reported $2.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.82. Janus Henderson Group had a return on equity of 12.35% and a net margin of 19.82%.The business had revenue of $996.60 million during the quarter, compared to analysts’ expectations of $763.09 million. During the same quarter in the previous year, the business earned $1.07 EPS. The company’s revenue for the quarter was up 61.3% on a year-over-year basis. On average, research analysts predict that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Wall Street Analyst Weigh In

JHG has been the subject of several recent analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Janus Henderson Group in a research note on Monday, December 29th. Bank of America reissued a “neutral” rating and set a $49.00 price target (down previously from $54.00) on shares of Janus Henderson Group in a research note on Monday, January 5th. Evercore ISI dropped their price objective on Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating for the company in a research note on Monday, December 22nd. Morgan Stanley lifted their price objective on Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 17th. Finally, TD Cowen lowered Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 target price on the stock. in a report on Tuesday, December 23rd. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $47.67.

About Janus Henderson Group

Janus Henderson Group plc is a global asset manager offering a broad range of investment solutions across equities, fixed income, multi-asset and alternative strategies. The firm provides portfolio management services to institutional clients, financial intermediaries and individual investors. Its product lineup includes actively managed mutual funds, separate accounts and exchange-traded funds, designed to meet a variety of risk-return objectives and investment horizons.

The company was formed in May 2017 through the merger of Janus Capital Group and Henderson Group, combining decades of investment expertise in both the U.S.