Royce & Associates LP trimmed its holdings in shares of Janus Henderson Group plc (NYSE:JHG – Free Report) by 28.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 140,000 shares of the company’s stock after selling 55,000 shares during the quarter. Royce & Associates LP owned 0.08% of Janus Henderson Group worth $3,730,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in the business. Assetmark Inc. grew its holdings in Janus Henderson Group by 20.7% during the 4th quarter. Assetmark Inc. now owns 2,184 shares of the company’s stock worth $51,000 after acquiring an additional 375 shares during the last quarter. Treasurer of the State of North Carolina grew its holdings in Janus Henderson Group by 0.7% during the 1st quarter. Treasurer of the State of North Carolina now owns 59,455 shares of the company’s stock worth $1,584,000 after acquiring an additional 420 shares during the last quarter. FMR LLC grew its holdings in Janus Henderson Group by 0.3% during the 1st quarter. FMR LLC now owns 142,741 shares of the company’s stock worth $3,803,000 after acquiring an additional 448 shares during the last quarter. Panagora Asset Management Inc. grew its holdings in Janus Henderson Group by 7.4% during the 1st quarter. Panagora Asset Management Inc. now owns 6,695 shares of the company’s stock worth $234,000 after acquiring an additional 459 shares during the last quarter. Finally, US Bancorp DE grew its holdings in Janus Henderson Group by 5.7% during the 1st quarter. US Bancorp DE now owns 10,109 shares of the company’s stock worth $354,000 after acquiring an additional 542 shares during the last quarter. 86.17% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
JHG has been the topic of a number of analyst reports. StockNews.com initiated coverage on shares of Janus Henderson Group in a research note on Thursday, August 17th. They issued a “hold” rating on the stock. Jefferies Financial Group upped their price objective on shares of Janus Henderson Group from $27.00 to $28.00 in a research note on Monday, July 10th. Citigroup upped their price objective on shares of Janus Henderson Group from $26.90 to $27.70 in a research note on Monday, July 10th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Janus Henderson Group from $26.00 to $27.00 in a research note on Wednesday, July 5th. Two research analysts have rated the stock with a sell rating and five have given a hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $25.09.
Janus Henderson Group Stock Up 1.2 %
Shares of Janus Henderson Group stock traded up $0.33 during trading on Friday, reaching $27.08. 421,169 shares of the company traded hands, compared to its average volume of 649,505. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.52 and a quick ratio of 2.99. Janus Henderson Group plc has a 1-year low of $19.09 and a 1-year high of $31.30. The company has a 50 day moving average price of $27.55 and a 200-day moving average price of $26.91. The firm has a market capitalization of $4.49 billion, a PE ratio of 12.83, a P/E/G ratio of 2.10 and a beta of 1.45.
Janus Henderson Group (NYSE:JHG – Get Free Report) last released its quarterly earnings data on Wednesday, August 2nd. The company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.05. Janus Henderson Group had a net margin of 16.85% and a return on equity of 8.87%. The firm had revenue of $516.50 million for the quarter, compared to the consensus estimate of $518.42 million. During the same quarter in the prior year, the company posted $0.63 earnings per share. The business’s revenue was down 7.0% on a year-over-year basis. As a group, equities research analysts expect that Janus Henderson Group plc will post 2.32 earnings per share for the current fiscal year.
Janus Henderson Group Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 30th. Shareholders of record on Monday, August 14th were issued a dividend of $0.39 per share. The ex-dividend date was Friday, August 11th. This represents a $1.56 annualized dividend and a yield of 5.76%. Janus Henderson Group’s payout ratio is 73.93%.
Insiders Place Their Bets
In other Janus Henderson Group news, insider Georgina Fogo sold 5,043 shares of the company’s stock in a transaction on Monday, July 3rd. The shares were sold at an average price of $27.35, for a total transaction of $137,926.05. Following the transaction, the insider now owns 123,377 shares in the company, valued at $3,374,360.95. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 19.60% of the company’s stock.
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.
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