Swiss National Bank Trims Holdings in Janus Henderson Group plc $JHG

Swiss National Bank lowered its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 2.3% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 240,805 shares of the company’s stock after selling 5,600 shares during the period. Swiss National Bank’s holdings in Janus Henderson Group were worth $9,353,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in JHG. Brooklyn Investment Group raised its position in Janus Henderson Group by 182.2% in the 1st quarter. Brooklyn Investment Group now owns 920 shares of the company’s stock valued at $33,000 after purchasing an additional 594 shares in the last quarter. Traub Capital Management LLC acquired a new stake in Janus Henderson Group in the second quarter valued at approximately $37,000. Fifth Third Bancorp raised its holdings in Janus Henderson Group by 40.2% in the second quarter. Fifth Third Bancorp now owns 2,167 shares of the company’s stock valued at $84,000 after acquiring an additional 621 shares in the last quarter. UMB Bank n.a. lifted its stake in Janus Henderson Group by 86.3% in the second quarter. UMB Bank n.a. now owns 2,183 shares of the company’s stock worth $85,000 after acquiring an additional 1,011 shares during the last quarter. Finally, Allworth Financial LP grew its holdings in Janus Henderson Group by 52.8% during the 2nd quarter. Allworth Financial LP now owns 2,234 shares of the company’s stock worth $87,000 after acquiring an additional 772 shares in the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Janus Henderson Group Stock Up 0.8%

Janus Henderson Group stock opened at $43.71 on Friday. The company has a market capitalization of $6.75 billion, a P/E ratio of 16.43, a PEG ratio of 0.96 and a beta of 1.59. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.91 and a current ratio of 4.49. Janus Henderson Group plc has a fifty-two week low of $28.26 and a fifty-two week high of $49.42. The stock has a 50-day simple moving average of $43.59 and a 200-day simple moving average of $41.80.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Thursday, October 30th. The company reported $1.09 EPS for the quarter, topping the consensus estimate of $1.01 by $0.08. Janus Henderson Group had a return on equity of 12.01% and a net margin of 16.06%.The company had revenue of $700.40 million for the quarter, compared to analyst estimates of $695.57 million. During the same quarter in the previous year, the company posted $0.91 earnings per share. The firm’s revenue was up 12.1% compared to the same quarter last year. Equities research analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Stockholders of record on Monday, November 10th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, November 10th. Janus Henderson Group’s payout ratio is presently 46.92%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Wall Street Zen lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday. Bank of America raised their price target on Janus Henderson Group from $49.00 to $50.00 and gave the company a “buy” rating in a research note on Thursday, October 2nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Janus Henderson Group in a report on Wednesday, November 19th. BMO Capital Markets started coverage on Janus Henderson Group in a research report on Friday, October 3rd. They set an “outperform” rating and a $52.00 price objective for the company. Finally, Zacks Research upgraded Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 13th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $48.11.

Insider Buying and Selling

In related news, CFO Roger Mj Thompson sold 27,491 shares of the stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $45.26, for a total transaction of $1,244,242.66. Following the completion of the sale, the chief financial officer owned 113,097 shares in the company, valued at $5,118,770.22. This represents a 19.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 19.60% of the stock is currently owned by company insiders.

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.