Janus Henderson Group plc (NYSE:JHG) Shares Sold by Hancock Whitney Corp

Hancock Whitney Corp lessened its holdings in Janus Henderson Group plc (NYSE:JHG) by 1.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 78,338 shares of the company’s stock after selling 1,457 shares during the period. Hancock Whitney Corp’s holdings in Janus Henderson Group were worth $2,641,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of JHG. Versant Capital Management Inc purchased a new stake in Janus Henderson Group in the 2nd quarter valued at approximately $34,000. EverSource Wealth Advisors LLC lifted its position in shares of Janus Henderson Group by 39.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock valued at $39,000 after acquiring an additional 369 shares in the last quarter. Larson Financial Group LLC lifted its position in shares of Janus Henderson Group by 401.6% in the second quarter. Larson Financial Group LLC now owns 1,249 shares of the company’s stock valued at $42,000 after acquiring an additional 1,000 shares in the last quarter. Abich Financial Wealth Management LLC boosted its stake in shares of Janus Henderson Group by 41.9% during the first quarter. Abich Financial Wealth Management LLC now owns 1,420 shares of the company’s stock valued at $47,000 after acquiring an additional 419 shares during the last quarter. Finally, GAMMA Investing LLC increased its position in Janus Henderson Group by 159.6% during the 2nd quarter. GAMMA Investing LLC now owns 2,440 shares of the company’s stock worth $82,000 after purchasing an additional 1,500 shares in the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have issued reports on JHG. Deutsche Bank Aktiengesellschaft upped their target price on shares of Janus Henderson Group from $36.00 to $37.00 and gave the company a “hold” rating in a report on Thursday, August 15th. JPMorgan Chase & Co. lifted their price target 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 set an “equal weight” rating and a $37.00 price objective on the stock. TD Cowen upped their price target on shares of Janus Henderson Group from $37.00 to $38.00 and gave the stock a “buy” rating in a research report on Monday, July 8th. Finally, StockNews.com downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday, August 16th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, Janus Henderson Group currently has an average rating of “Hold” and a consensus price target of $33.33.

Janus Henderson Group Stock Performance

Shares of JHG stock opened at $38.19 on Friday. 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 company has a market cap of $6.13 billion, a PE ratio of 14.41, a P/E/G ratio of 0.74 and a beta of 1.51. The company’s fifty day simple moving average is $36.20 and its 200-day simple moving average is $34.01. 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. Janus Henderson Group had a return on equity of 10.76% and a net margin of 21.02%. The company had revenue of $588.40 million for the quarter, compared to analyst estimates of $568.79 million. During the same period last year, the company posted $0.62 earnings per share. The firm’s revenue was up 13.9% compared to the same quarter last year. As a group, equities research analysts anticipate that Janus Henderson Group plc will post 3.23 EPS for the current year.

Janus Henderson Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 28th. Shareholders of record on Monday, August 12th were issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 4.08%. The ex-dividend date was Monday, August 12th. Janus Henderson Group’s dividend payout ratio is presently 58.87%.

Insider Buying and Selling at Janus Henderson Group

In other news, CAO Michelle Rosenberg sold 7,651 shares of the business’s stock in a transaction 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 transaction, 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 filing with the SEC, which is available at the SEC website. In other news, CAO Michelle Rosenberg sold 7,651 shares of the firm’s stock in a transaction dated 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 in the company, valued at $3,251,142.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Henderson Group Plc Janus acquired 166,042 shares of the stock in a transaction on Wednesday, July 3rd. The shares were acquired at an average price of $3.55 per share, with a total value of $589,449.10. Following the purchase, the insider now owns 1,648,577 shares in the company, valued at $5,852,448.35. The disclosure for this purchase can be found here. Over the last 90 days, insiders bought 492,997 shares of company stock valued at $1,667,418 and sold 25,651 shares valued at $918,158. 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.