Janus Henderson Group plc $JHG Shares Sold by Sage Investment Counsel LLC

Sage Investment Counsel LLC cut its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 65.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,015 shares of the company’s stock after selling 15,478 shares during the quarter. Sage Investment Counsel LLC’s holdings in Janus Henderson Group were worth $412,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JHG. V Square Quantitative Management LLC acquired a new position in shares of Janus Henderson Group in the fourth quarter worth $25,000. Empowered Funds LLC acquired a new stake in shares of Janus Henderson Group in the fourth quarter valued at $33,000. Larson Financial Group LLC boosted its holdings in Janus Henderson Group by 108.0% in the fourth quarter. Larson Financial Group LLC now owns 782 shares of the company’s stock valued at $37,000 after purchasing an additional 406 shares during the period. Hantz Financial Services Inc. boosted its holdings in Janus Henderson Group by 114.7% in the fourth quarter. Hantz Financial Services Inc. now owns 831 shares of the company’s stock valued at $40,000 after purchasing an additional 444 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its holdings in Janus Henderson Group by 29.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 935 shares of the company’s stock valued at $44,000 after purchasing an additional 215 shares during the period. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on JHG. Weiss Ratings restated a “buy (b)” rating on shares of Janus Henderson Group in a report on Wednesday, June 24th. Zacks Research cut Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $48.29.

Janus Henderson Group Price Performance

Shares of JHG opened at $51.95 on Friday. Janus Henderson Group plc has a twelve month low of $38.67 and a twelve month high of $53.76. The firm’s fifty day simple moving average is $51.77 and its 200-day simple moving average is $50.24. The firm has a market capitalization of $8.00 billion, a price-to-earnings ratio of 10.23, a PEG ratio of 5.78 and a beta of 1.35. The company has a current ratio of 3.89, a quick ratio of 2.51 and a debt-to-equity ratio of 0.07.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings data on Friday, May 8th. The company reported $0.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.98 by ($0.08). The firm had revenue of $541.60 million for the quarter, compared to analysts’ expectations of $560.37 million. Janus Henderson Group had a return on equity of 14.59% and a net margin of 24.33%.Janus Henderson Group’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same period last year, the firm posted $0.79 earnings per share. Equities analysts forecast that Janus Henderson Group plc will post 4.39 EPS for the current fiscal year.

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.