Point72 Asset Management L.P. Sells 353,674 Shares of Janus Henderson Group plc (NYSE:JHG)

Point72 Asset Management L.P. lessened its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 46.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 410,926 shares of the company’s stock after selling 353,674 shares during the quarter. Point72 Asset Management L.P. owned about 0.26% of Janus Henderson Group worth $13,852,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Versant Capital Management Inc bought a new stake in Janus Henderson Group during the second quarter valued at about $34,000. Larson Financial Group LLC grew its holdings in Janus Henderson Group by 401.6% in the 2nd quarter. Larson Financial Group LLC now owns 1,249 shares of the company’s stock valued at $42,000 after buying an additional 1,000 shares during the last quarter. Abich Financial Wealth Management LLC increased its position 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 buying an additional 419 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Janus Henderson Group by 159.6% during the second quarter. GAMMA Investing LLC now owns 2,440 shares of the company’s stock worth $82,000 after buying an additional 1,500 shares during the last quarter. Finally, Acadian Asset Management LLC boosted its position in shares of Janus Henderson Group by 94.5% in the second quarter. Acadian Asset Management LLC now owns 2,904 shares of the company’s stock valued at $97,000 after acquiring an additional 1,411 shares during the period. Institutional investors and hedge funds own 87.94% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on JHG shares. JPMorgan Chase & Co. boosted their target price on shares of Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a research report on Friday, August 2nd. Wells Fargo & Company assumed coverage on shares of Janus Henderson Group in a research report on Thursday, September 12th. They set an “equal weight” rating and a $37.00 price objective for the company. Deutsche Bank Aktiengesellschaft increased 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. UBS Group upgraded Janus Henderson Group from a “sell” rating to a “neutral” rating and boosted their price target for the company from $33.00 to $37.00 in a research note on Monday, September 9th. Finally, StockNews.com downgraded Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $33.33.

Insider Transactions at Janus Henderson Group

In other Janus Henderson Group news, major shareholder Henderson Group Plc Janus acquired 189,856 shares of the business’s stock in a transaction on Wednesday, July 24th. The stock was purchased at an average price of $3.20 per share, for a total transaction of $607,539.20. Following the transaction, the insider now owns 2,081,168 shares in the company, valued at approximately $6,659,737.60. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, CAO Michelle Rosenberg sold 7,651 shares of the 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 sale, the chief accounting officer now directly owns 89,048 shares of the company’s stock, valued at $3,251,142.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Henderson Group Plc Janus acquired 189,856 shares of the company’s stock in a transaction that occurred on Wednesday, July 24th. The stock was bought at an average price of $3.20 per share, with a total value of $607,539.20. Following the transaction, the insider now directly owns 2,081,168 shares in the company, valued at $6,659,737.60. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 492,997 shares of company stock valued at $1,667,418 and have sold 25,651 shares valued at $918,158. 19.60% of the stock is owned by company insiders.

Janus Henderson Group Trading Down 0.6 %

JHG stock opened at $38.07 on Tuesday. Janus Henderson Group plc has a 1-year low of $22.17 and a 1-year high of $39.11. The company has a current ratio of 4.05, a quick ratio of 2.67 and a debt-to-equity ratio of 0.07. The business’s 50 day moving average is $36.49 and its 200-day moving average is $34.30. The firm has a market cap of $6.11 billion, a P/E ratio of 14.37, a P/E/G ratio of 0.77 and a beta of 1.51.

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

Janus Henderson Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 28th. Stockholders of record on Monday, August 12th were paid 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 of this dividend was Monday, August 12th. Janus Henderson Group’s dividend payout ratio (DPR) is currently 58.87%.

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.