Gabelli Funds LLC Sells 4,750 Shares of Janus Henderson Group plc (NYSE:JHG)

Gabelli Funds LLC lessened its position in Janus Henderson Group plc (NYSE:JHG) by 4.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 114,350 shares of the company’s stock after selling 4,750 shares during the period. Gabelli Funds LLC owned 0.07% of Janus Henderson Group worth $3,855,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Miller Howard Investments Inc. NY grew its holdings in Janus Henderson Group by 2.4% in the 2nd quarter. Miller Howard Investments Inc. NY now owns 11,928 shares of the company’s stock worth $402,000 after acquiring an additional 282 shares during the last quarter. Greenwood Capital Associates LLC grew its holdings in Janus Henderson Group by 0.8% in the 4th quarter. Greenwood Capital Associates LLC now owns 45,635 shares of the company’s stock worth $1,376,000 after acquiring an additional 350 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings 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 worth $39,000 after acquiring an additional 369 shares during the last quarter. Graypoint LLC grew its holdings in Janus Henderson Group by 4.2% in the 2nd quarter. Graypoint LLC now owns 10,221 shares of the company’s stock worth $345,000 after acquiring an additional 410 shares during the last quarter. Finally, Abich Financial Wealth Management LLC grew its holdings in Janus Henderson Group by 41.9% in the 1st quarter. Abich Financial Wealth Management LLC now owns 1,420 shares of the company’s stock worth $47,000 after acquiring an additional 419 shares during the last quarter. Institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Trading Up 0.7 %

Janus Henderson Group stock opened at $38.67 on Wednesday. Janus Henderson Group plc has a 12 month low of $22.17 and a 12 month high of $39.11. The company has a market capitalization of $6.16 billion, a price-to-earnings ratio of 14.59, a price-to-earnings-growth ratio of 0.77 and a beta of 1.51. The business’s fifty day simple moving average is $36.30 and its two-hundred day simple moving average is $34.12. The company has a current ratio of 4.05, a quick ratio of 2.67 and a debt-to-equity ratio of 0.07.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.74 by $0.11. The company had revenue of $588.40 million for the quarter, compared to the consensus estimate of $568.79 million. Janus Henderson Group had a net margin of 21.02% and a return on equity of 10.76%. Janus Henderson Group’s revenue for the quarter was up 13.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.62 EPS. As a group, equities analysts predict that Janus Henderson Group plc will post 3.23 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, August 28th. Investors of record on Monday, August 12th were given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 4.03%. The ex-dividend date was Monday, August 12th. Janus Henderson Group’s dividend payout ratio (DPR) is currently 58.87%.

Insider Buying and Selling

In other Janus Henderson Group news, CAO Michelle Rosenberg sold 7,651 shares of the stock in a transaction on Monday, August 19th. The stock was sold at an average price of $36.51, for a total transaction of $279,338.01. Following the sale, the chief accounting officer now directly owns 89,048 shares in the company, valued at approximately $3,251,142.48. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, major shareholder Henderson Group Plc Janus bought 28,326 shares of the company’s stock in a transaction that occurred on Friday, July 5th. The shares were bought at an average price of $3.43 per share, for a total transaction of $97,158.18. Following the completion of the acquisition, the insider now owns 1,676,903 shares of the company’s stock, valued at approximately $5,751,777.29. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Michelle Rosenberg sold 7,651 shares of Janus Henderson Group stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $36.51, for a total transaction of $279,338.01. Following the completion of the sale, the chief accounting officer now directly owns 89,048 shares of the company’s stock, valued at approximately $3,251,142.48. The disclosure for this sale can be found here. In the last three months, insiders bought 492,997 shares of company stock worth $1,667,418 and sold 25,651 shares worth $918,158. 19.60% of the stock is owned by company insiders.

Analysts Set New Price Targets

JHG has been the topic of a number of research reports. UBS Group raised shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and lifted their target price for the company from $33.00 to $37.00 in a research note on Monday, September 9th. Wells Fargo & Company initiated coverage on shares of Janus Henderson Group in a research note on Thursday, September 12th. They set an “equal weight” rating and a $37.00 target price on the stock. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Janus Henderson Group from $36.00 to $37.00 and gave the company a “hold” rating in a research note on Thursday, August 15th. TD Cowen lifted their target price on shares of Janus Henderson Group from $37.00 to $38.00 and gave the company a “buy” rating in a research note on Monday, July 8th. Finally, StockNews.com lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday, August 16th. One analyst has rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $33.33.

Janus Henderson Group 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.