Mutual of America Capital Management LLC Lowers Position in Janus Henderson Group plc (NYSE:JHG)

Mutual of America Capital Management LLC lessened its position in Janus Henderson Group plc (NYSE:JHG) by 6.9% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 73,498 shares of the company’s stock after selling 5,468 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Janus Henderson Group were worth $2,478,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Versant Capital Management Inc purchased a new position in shares of Janus Henderson Group in the 2nd quarter valued at approximately $34,000. EverSource Wealth Advisors LLC raised its stake in Janus Henderson Group by 39.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock valued at $39,000 after buying an additional 369 shares during the last quarter. Larson Financial Group LLC raised its stake in Janus Henderson Group by 401.6% during the second 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 raised its stake in 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 buying an additional 419 shares during the last quarter. Finally, GAMMA Investing LLC raised its stake in Janus Henderson Group by 159.6% during the second quarter. GAMMA Investing LLC now owns 2,440 shares of the company’s stock valued at $82,000 after buying an additional 1,500 shares during the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on JHG shares. Deutsche Bank Aktiengesellschaft lifted their price objective 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. UBS Group upgraded Janus Henderson Group from a “sell” rating to a “neutral” rating and lifted their price objective for the company from $33.00 to $37.00 in a research note on Monday, September 9th. StockNews.com cut Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday, August 16th. 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 research note on Friday, August 2nd. Finally, TD Cowen lifted their target price on Janus Henderson Group from $37.00 to $38.00 and gave the stock a “buy” rating in a report on Monday, July 8th. One analyst has rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, Janus Henderson Group currently has an average rating of “Hold” and an average target price of $33.33.

Janus Henderson Group Stock Up 0.7 %

Janus Henderson Group stock opened at $38.67 on Wednesday. The stock has a market cap of $6.21 billion, a PE ratio of 14.59, a price-to-earnings-growth ratio of 0.74 and a beta of 1.51. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.67 and a current ratio of 4.05. Janus Henderson Group plc has a one year low of $22.17 and a one year high of $39.11. The stock has a fifty day moving average of $36.30 and a 200 day moving average of $34.12.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.74 by $0.11. The company had revenue of $588.40 million during the quarter, compared to analysts’ expectations of $568.79 million. Janus Henderson Group had a return on equity of 10.76% and a net margin of 21.02%. Janus Henderson Group’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 business earned $0.62 earnings per share. As a group, sell-side analysts predict that Janus Henderson Group plc will post 3.23 EPS for the current year.

Janus Henderson Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 28th. Investors of record on Monday, August 12th were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 4.03%. The ex-dividend date was Monday, August 12th. Janus Henderson Group’s dividend payout ratio (DPR) is presently 58.87%.

Insider Activity at Janus Henderson Group

In related news, major shareholder Henderson Group Plc Janus purchased 189,856 shares of Janus Henderson Group stock in a transaction on Wednesday, July 24th. The stock was acquired at an average price of $3.20 per share, for a total transaction of $607,539.20. Following the completion of the transaction, the insider now directly owns 2,081,168 shares in the company, valued at approximately $6,659,737.60. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. In related news, major shareholder Henderson Group Plc Janus purchased 189,856 shares of Janus Henderson Group stock in a transaction on Wednesday, July 24th. The stock was acquired at an average price of $3.20 per share, for a total transaction of $607,539.20. Following the completion of the transaction, the insider now directly owns 2,081,168 shares in the company, valued at approximately $6,659,737.60. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Michelle Rosenberg sold 7,651 shares of the company’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $36.51, for a total value of $279,338.01. Following the completion of the sale, the chief accounting officer now owns 89,048 shares of the company’s stock, valued at approximately $3,251,142.48. The disclosure for this sale can be found here. Over the last 90 days, insiders bought 492,997 shares of company stock worth $1,667,418 and sold 25,651 shares worth $918,158. 19.60% of the stock is owned by company insiders.

Janus Henderson Group Company 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.