BNP Paribas Financial Markets Sells 278,154 Shares of Janus Henderson Group plc (NYSE:JHG)

BNP Paribas Financial Markets lowered its stake in Janus Henderson Group plc (NYSE:JHG) by 84.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 50,967 shares of the company’s stock after selling 278,154 shares during the quarter. BNP Paribas Financial Markets’ holdings in Janus Henderson Group were worth $1,940,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. FMR LLC raised its holdings in shares of Janus Henderson Group by 15.9% in the 3rd quarter. FMR LLC now owns 47,163 shares of the company’s stock valued at $1,796,000 after acquiring an additional 6,472 shares in the last quarter. D.A. Davidson & CO. increased its position in shares of Janus Henderson Group by 2.7% in the third quarter. D.A. Davidson & CO. now owns 21,266 shares of the company’s stock worth $810,000 after purchasing an additional 566 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in Janus Henderson Group in the third quarter valued at approximately $1,207,000. Algert Global LLC lifted its position in Janus Henderson Group by 96.6% during the third quarter. Algert Global LLC now owns 154,335 shares of the company’s stock valued at $5,876,000 after purchasing an additional 75,840 shares during the last quarter. Finally, Cerity Partners LLC purchased a new position in Janus Henderson Group in the 3rd quarter worth approximately $649,000. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Trading Down 0.5 %

Shares of JHG stock opened at $44.36 on Friday. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.09. Janus Henderson Group plc has a 12-month low of $26.70 and a 12-month high of $45.74. The stock has a market capitalization of $7.05 billion, a P/E ratio of 17.53, a P/E/G ratio of 0.59 and a beta of 1.48. The firm’s 50 day moving average is $42.09 and its 200 day moving average is $37.67.

Janus Henderson Group (NYSE:JHG) last announced its earnings results on Thursday, October 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.11. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The business had revenue of $624.80 million for the quarter, compared to analysts’ expectations of $600.88 million. During the same period last year, the firm posted $0.64 earnings per share. The business’s revenue for the quarter was up 19.9% on a year-over-year basis. Research analysts expect that Janus Henderson Group plc will post 3.43 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.52%. The ex-dividend date of this dividend was Wednesday, November 27th. Janus Henderson Group’s payout ratio is 61.66%.

Analysts Set New Price Targets

A number of research analysts recently commented on JHG shares. Morgan Stanley increased their target price on Janus Henderson Group from $39.00 to $42.00 and gave the company an “equal weight” rating in a research note on Friday, October 18th. The Goldman Sachs Group raised their price objective on Janus Henderson Group from $36.00 to $37.00 and gave the company a “sell” rating in a report on Thursday, October 3rd. Evercore ISI boosted their target price on Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a research report on Thursday, November 7th. UBS Group increased their price target on shares of Janus Henderson Group from $37.00 to $41.00 and gave the company a “neutral” rating in a research report on Tuesday, October 22nd. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Janus Henderson Group from $42.00 to $44.00 and gave the stock a “hold” rating in a report on Monday, November 11th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $41.75.

Insider Transactions at Janus Henderson Group

In related news, CFO Roger Mj Thompson sold 9,000 shares of Janus Henderson Group stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $35.60, for a total transaction of $320,400.00. Following the transaction, the chief financial officer now owns 130,171 shares in the company, valued at approximately $4,634,087.60. The trade was a 6.47 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 19.60% of the stock is currently owned by company insiders.

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.