Invst LLC Sells 1,159 Shares of Janus Henderson Group plc (NYSE:JHG)

Invst LLC decreased its position in shares of Janus Henderson Group plc (NYSE:JHG) by 5.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,191 shares of the company’s stock after selling 1,159 shares during the quarter. Invst LLC’s holdings in Janus Henderson Group were worth $711,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Quadrature Capital Ltd bought a new position in shares of Janus Henderson Group during the fourth quarter worth $834,000. CHURCHILL MANAGEMENT Corp acquired a new stake in Janus Henderson Group during the 1st quarter worth $6,793,000. Duality Advisers LP bought a new position in Janus Henderson Group during the first quarter worth about $2,741,000. Mirae Asset Global Investments Co. Ltd. grew its stake in Janus Henderson Group by 163.0% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 47,083 shares of the company’s stock valued at $1,549,000 after acquiring an additional 29,181 shares during the period. Finally, Russell Investments Group Ltd. increased its holdings in shares of Janus Henderson Group by 77.7% in the first quarter. Russell Investments Group Ltd. now owns 251,853 shares of the company’s stock worth $8,283,000 after acquiring an additional 110,136 shares in the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Janus Henderson Group Stock Performance

Shares of NYSE JHG opened at $38.07 on Tuesday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.67 and a current ratio of 4.05. The stock has a 50 day moving average price of $36.49 and a 200 day moving average price of $34.30. The stock has a market capitalization of $6.11 billion, a PE ratio of 14.37, a price-to-earnings-growth ratio of 0.77 and a beta of 1.51. Janus Henderson Group plc has a 52 week low of $22.17 and a 52 week high of $39.11.

Janus Henderson Group (NYSE:JHG) last released 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 during the quarter, compared to the consensus estimate of $568.79 million. Janus Henderson Group had a return on equity of 10.76% and a net margin of 21.02%. The firm’s revenue for the quarter was up 13.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.62 EPS. 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 disclosed a quarterly dividend, which was paid on Wednesday, August 28th. Stockholders of record on Monday, August 12th were given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.10%. The ex-dividend date was Monday, August 12th. Janus Henderson Group’s dividend payout ratio (DPR) is presently 58.87%.

Insider Transactions at Janus Henderson Group

In other Janus Henderson Group news, major shareholder Henderson Group Plc Janus purchased 28,326 shares of Janus Henderson Group stock in a transaction that occurred on Friday, July 5th. The stock was acquired 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 purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Janus Henderson Group news, CAO Michelle Rosenberg sold 7,651 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The shares were 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 in the company, valued at $3,251,142.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Henderson Group Plc Janus bought 28,326 shares of the stock in a transaction dated Friday, July 5th. The shares were purchased at an average price of $3.43 per share, for a total transaction of $97,158.18. Following the purchase, the insider now owns 1,676,903 shares of the company’s stock, valued at approximately $5,751,777.29. The disclosure for this purchase can be found here. In the last ninety days, insiders have bought 492,997 shares of company stock worth $1,667,418 and have sold 25,651 shares worth $918,158. 19.60% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

JHG has been the topic of several recent analyst reports. JPMorgan Chase & Co. lifted their price objective on Janus Henderson Group from $38.00 to $39.00 and gave the company a “neutral” rating in a report on Friday, August 2nd. Wells Fargo & Company began coverage on shares of Janus Henderson Group in a report on Thursday, September 12th. They issued an “equal weight” rating and a $37.00 price target for the company. UBS Group upgraded shares of Janus Henderson Group from a “sell” rating to a “neutral” rating and raised their price objective for the stock from $33.00 to $37.00 in a report on Monday, September 9th. StockNews.com lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday, August 16th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on Janus Henderson Group from $36.00 to $37.00 and gave the company a “hold” rating in a research note on Thursday, August 15th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat, Janus Henderson Group presently has a consensus rating of “Hold” and a consensus target price of $33.33.

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.