The Manufacturers Life Insurance Company Decreases Stock Position in Janus Henderson Group plc (NYSE:JHG)

The Manufacturers Life Insurance Company decreased its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 5.7% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 76,033 shares of the company’s stock after selling 4,637 shares during the period. The Manufacturers Life Insurance Company’s holdings in Janus Henderson Group were worth $2,895,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of JHG. Cetera Advisors LLC grew its position in Janus Henderson Group by 140.8% during the 1st quarter. Cetera Advisors LLC now owns 16,510 shares of the company’s stock worth $543,000 after purchasing an additional 9,655 shares during the last quarter. SG Americas Securities LLC increased its position in shares of Janus Henderson Group by 9.7% in the 2nd quarter. SG Americas Securities LLC now owns 20,579 shares of the company’s stock valued at $694,000 after acquiring an additional 1,828 shares during the period. Nisa Investment Advisors LLC increased its position in shares of Janus Henderson Group by 257.8% in the 2nd quarter. Nisa Investment Advisors LLC now owns 22,900 shares of the company’s stock valued at $772,000 after acquiring an additional 16,500 shares during the period. Summit Global Investments raised its stake in Janus Henderson Group by 247.7% in the 2nd quarter. Summit Global Investments now owns 25,835 shares of the company’s stock worth $871,000 after acquiring an additional 18,405 shares during the last quarter. Finally, Miller Howard Investments Inc. NY lifted its position in Janus Henderson Group by 2.4% during 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 period. Institutional investors and hedge funds own 87.94% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on JHG. Wells Fargo & Company raised their price objective on Janus Henderson Group from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 9th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Janus Henderson Group from $42.00 to $44.00 and gave the company a “hold” rating in a research note on Monday, November 11th. StockNews.com lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday, August 16th. UBS Group boosted their target price 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, Morgan Stanley increased their price target on Janus Henderson Group from $39.00 to $42.00 and gave the stock an “equal weight” rating in a research report on Friday, October 18th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $41.75.

Janus Henderson Group Stock Down 0.5 %

JHG opened at $44.36 on Friday. The company has a fifty day moving average of $42.09 and a two-hundred day moving average of $37.67. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.08 and a current ratio of 3.08. Janus Henderson Group plc has a fifty-two week low of $26.70 and a fifty-two week high of $45.74. The stock has a market capitalization of $7.05 billion, a price-to-earnings ratio of 17.53, a PEG ratio of 0.59 and a beta of 1.48.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.11. The firm had revenue of $624.80 million during the quarter, compared to analyst estimates of $600.88 million. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. Janus Henderson Group’s revenue for the quarter was up 19.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.64 EPS. On average, research analysts expect that Janus Henderson Group plc will post 3.43 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The firm also recently announced 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. The ex-dividend date was Wednesday, November 27th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.52%. Janus Henderson Group’s dividend payout ratio (DPR) is 61.66%.

Insider Activity at Janus Henderson Group

In other Janus Henderson Group news, CFO Roger Mj Thompson sold 9,000 shares of the 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 directly owns 130,171 shares of the company’s stock, valued at $4,634,087.60. This trade represents a 6.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 19.60% of the stock is owned by corporate insiders.

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.