Jupiter Asset Management Ltd. Sells 59,214 Shares of Janus Henderson Group plc $JHG

Jupiter Asset Management Ltd. reduced its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 5.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 936,231 shares of the company’s stock after selling 59,214 shares during the quarter. Jupiter Asset Management Ltd.’s holdings in Janus Henderson Group were worth $36,363,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also bought and sold shares of JHG. Nuveen LLC bought a new stake in Janus Henderson Group during the first quarter valued at approximately $21,890,000. Hsbc Holdings PLC grew its position in shares of Janus Henderson Group by 821.8% during the 1st quarter. Hsbc Holdings PLC now owns 463,104 shares of the company’s stock valued at $16,519,000 after acquiring an additional 412,865 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Janus Henderson Group by 7.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 4,946,058 shares of the company’s stock worth $178,800,000 after purchasing an additional 352,617 shares in the last quarter. Jane Street Group LLC raised its holdings in Janus Henderson Group by 1,924.0% in the 1st quarter. Jane Street Group LLC now owns 279,352 shares of the company’s stock worth $10,099,000 after purchasing an additional 265,550 shares during the period. Finally, Deutsche Bank AG raised its holdings in Janus Henderson Group by 148.3% in the 1st quarter. Deutsche Bank AG now owns 352,971 shares of the company’s stock worth $12,760,000 after purchasing an additional 210,826 shares during the period. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Price Performance

NYSE:JHG opened at $44.15 on Wednesday. The company has a market capitalization of $6.82 billion, a P/E ratio of 16.60, a P/E/G ratio of 0.96 and a beta of 1.59. The business’s 50-day moving average is $44.02 and its 200 day moving average is $41.15. The company has a current ratio of 4.49, a quick ratio of 3.91 and a debt-to-equity ratio of 0.08. Janus Henderson Group plc has a 12 month low of $28.26 and a 12 month high of $49.42.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Thursday, October 30th. The company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.08. The business had revenue of $700.40 million for the quarter, compared to analysts’ expectations of $695.57 million. Janus Henderson Group had a return on equity of 12.01% and a net margin of 16.06%.The company’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.91 EPS. On average, equities research analysts forecast that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 26th. Shareholders of record on Monday, November 10th will be given a dividend of $0.40 per share. The ex-dividend date is Monday, November 10th. This represents a $1.60 annualized dividend and a yield of 3.6%. Janus Henderson Group’s dividend payout ratio (DPR) is 46.92%.

Insider Activity at Janus Henderson Group

In other news, CFO Roger Mj Thompson sold 27,491 shares of the business’s stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $45.26, for a total value of $1,244,242.66. Following the sale, the chief financial officer directly owned 113,097 shares in the company, valued at $5,118,770.22. The trade was a 19.55% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 20.40% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have commented on JHG shares. Morgan Stanley restated a “positive” rating on shares of Janus Henderson Group in a research report on Monday, October 6th. TD Cowen raised their price objective on shares of Janus Henderson Group from $52.00 to $55.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Wall Street Zen raised shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Sunday. Cowen reiterated a “buy” rating on shares of Janus Henderson Group in a research note on Friday, October 31st. Finally, Evercore ISI reissued a “positive” rating on shares of Janus Henderson Group in a report on Friday, October 31st. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $48.11.

About Janus Henderson Group

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.