Insider Selling: Janus Henderson Group plc (NYSE:JHG) Director Sells 3,318 Shares of Stock

Janus Henderson Group plc (NYSE:JHG) Director Kevin B. Dolan sold 3,318 shares of the business’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $30.99, for a total transaction of $102,824.82. Following the completion of the transaction, the director now owns 16,853 shares in the company, valued at approximately $522,274.47. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Janus Henderson Group Price Performance

Shares of NYSE JHG opened at $33.03 on Wednesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.92 and a quick ratio of 2.64. Janus Henderson Group plc has a 1 year low of $22.17 and a 1 year high of $33.47. The stock has a market capitalization of $5.30 billion, a P/E ratio of 12.46, a P/E/G ratio of 1.54 and a beta of 1.53. The company has a 50-day moving average price of $31.87 and a 200-day moving average price of $29.36.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Thursday, May 2nd. The company reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.08. The business had revenue of $551.70 million during the quarter, compared to the consensus estimate of $547.20 million. Janus Henderson Group had a return on equity of 10.02% and a net margin of 19.89%. The company’s quarterly revenue was up 11.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.55 EPS. On average, equities research analysts forecast that Janus Henderson Group plc will post 2.85 EPS for the current fiscal year.

Janus Henderson Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 29th. Shareholders of record on Monday, May 13th will be paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 4.72%. The ex-dividend date is Friday, May 10th. Janus Henderson Group’s dividend payout ratio (DPR) is presently 58.87%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. JPMorgan Chase & Co. boosted their price objective on Janus Henderson Group from $35.00 to $36.00 and gave the company a “neutral” rating in a research note on Friday, May 3rd. The Goldman Sachs Group increased their price target on Janus Henderson Group from $29.00 to $32.00 and gave the stock a “sell” rating in a report on Tuesday, April 2nd. Morgan Stanley raised their price objective on shares of Janus Henderson Group from $30.00 to $33.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 17th. UBS Group boosted their target price on shares of Janus Henderson Group from $28.00 to $30.00 and gave the company a “sell” rating in a research report on Friday, April 12th. Finally, StockNews.com cut shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday, May 3rd. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, Janus Henderson Group has a consensus rating of “Hold” and an average target price of $28.93.

Hedge Funds Weigh In On Janus Henderson Group

Hedge funds have recently bought and sold shares of the company. Hexagon Capital Partners LLC lifted its position in shares of Janus Henderson Group by 72.6% during the fourth quarter. Hexagon Capital Partners LLC now owns 1,210 shares of the company’s stock valued at $36,000 after purchasing an additional 509 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in Janus Henderson Group by 39.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock valued at $39,000 after buying an additional 369 shares during the last quarter. Neo Ivy Capital Management bought a new position in shares of Janus Henderson Group during the 3rd quarter worth approximately $39,000. Headlands Technologies LLC purchased a new position in shares of Janus Henderson Group in the 4th quarter worth approximately $52,000. Finally, Assetmark Inc. grew its holdings in shares of Janus Henderson Group by 14.8% in the third quarter. Assetmark Inc. now owns 4,406 shares of the company’s stock valued at $114,000 after acquiring an additional 567 shares in the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

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.