Janus Henderson Group (NYSE:JHG) Sees Strong Trading Volume – Should You Buy?

Shares of Janus Henderson Group plc (NYSE:JHG) saw strong trading volume on Tuesday . 8,452,152 shares were traded during trading, an increase of 219% from the previous session’s volume of 2,653,021 shares.The stock last traded at $51.7050 and had previously closed at $51.67.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on JHG shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Janus Henderson Group in a research report on Friday, March 27th. Zacks Research lowered shares of Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $48.29.

Janus Henderson Group Stock Performance

The company has a debt-to-equity ratio of 0.07, a current ratio of 3.89 and a quick ratio of 2.50. The firm has a fifty day simple moving average of $51.38 and a 200 day simple moving average of $48.26. The company has a market cap of $7.96 billion, a price-to-earnings ratio of 10.17, a P/E/G ratio of 5.75 and a beta of 1.37.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings results on Friday, May 8th. The company reported $0.90 EPS for the quarter, missing the consensus estimate of $0.98 by ($0.08). Janus Henderson Group had a net margin of 24.33% and a return on equity of 14.59%. The company had revenue of $541.60 million for the quarter, compared to analyst estimates of $560.37 million. During the same quarter last year, the business earned $0.79 EPS. The company’s revenue for the quarter was up 11.0% on a year-over-year basis. On average, sell-side analysts expect that Janus Henderson Group plc will post 4.39 earnings per share for the current fiscal year.

Insider Buying and Selling at Janus Henderson Group

In other Janus Henderson Group news, CEO Ali Dibadj sold 127,632 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $49.12, for a total transaction of $6,269,283.84. Following the transaction, the chief executive officer owned 449,078 shares in the company, valued at $22,058,711.36. This trade represents a 22.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CTO William B. Cassidy sold 16,947 shares of the stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $52.27, for a total value of $885,819.69. Following the transaction, the chief technology officer owned 118,939 shares in the company, valued at approximately $6,216,941.53. This trade represents a 12.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 146,229 shares of company stock worth $7,239,650 over the last 90 days. Insiders own 21.00% of the company’s stock.

Institutional Investors Weigh In On Janus Henderson Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. V Square Quantitative Management LLC acquired a new stake in shares of Janus Henderson Group in the fourth quarter worth $25,000. Bessemer Group Inc. grew its stake in shares of Janus Henderson Group by 134.6% in the third quarter. Bessemer Group Inc. now owns 596 shares of the company’s stock worth $26,000 after acquiring an additional 342 shares during the last quarter. United Community Bank acquired a new stake in shares of Janus Henderson Group in the third quarter worth $30,000. Empowered Funds LLC acquired a new stake in shares of Janus Henderson Group in the fourth quarter worth $33,000. Finally, Larson Financial Group LLC grew its stake in shares of Janus Henderson Group by 108.0% in the fourth quarter. Larson Financial Group LLC now owns 782 shares of the company’s stock worth $37,000 after acquiring an additional 406 shares during the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

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.