Blue Trust Inc. Acquires 442 Shares of Janus Henderson Group plc (NYSE:JHG)

Blue Trust Inc. boosted its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 24.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,236 shares of the company’s stock after acquiring an additional 442 shares during the quarter. Blue Trust Inc.’s holdings in Janus Henderson Group were worth $85,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Aaron Wealth Advisors LLC bought a new stake in shares of Janus Henderson Group in the third quarter worth $214,000. Creative Planning lifted its holdings in Janus Henderson Group by 10.7% during the 3rd quarter. Creative Planning now owns 31,568 shares of the company’s stock worth $1,202,000 after buying an additional 3,044 shares during the period. Ritholtz Wealth Management grew its position in shares of Janus Henderson Group by 57.5% in the 3rd quarter. Ritholtz Wealth Management now owns 18,607 shares of the company’s stock valued at $708,000 after buying an additional 6,790 shares during the last quarter. CWM LLC increased its stake in shares of Janus Henderson Group by 158.3% in the third quarter. CWM LLC now owns 4,484 shares of the company’s stock valued at $171,000 after buying an additional 2,748 shares during the period. Finally, GAMMA Investing LLC raised its position in shares of Janus Henderson Group by 15.7% during the third quarter. GAMMA Investing LLC now owns 2,822 shares of the company’s stock worth $107,000 after acquiring an additional 382 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CAO Michelle Rosenberg sold 7,651 shares of the company’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $36.51, for a total value of $279,338.01. Following the sale, the chief accounting officer now owns 89,048 shares in the company, valued at $3,251,142.48. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other news, CAO Michelle Rosenberg sold 7,651 shares of the stock in a transaction that occurred on 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 directly owns 89,048 shares of the company’s stock, valued at $3,251,142.48. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Roger Mj Thompson sold 9,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $35.60, for a total value of $320,400.00. Following the completion of the transaction, the chief financial officer now owns 130,171 shares in the company, valued at $4,634,087.60. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 25,651 shares of company stock worth $918,158 over the last three months. 19.60% of the stock is currently owned by insiders.

Janus Henderson Group Stock Up 1.0 %

JHG stock opened at $41.01 on Wednesday. The stock’s 50 day simple moving average is $38.13 and its 200 day simple moving average is $35.38. The company has a market cap of $6.58 billion, a P/E ratio of 15.48, a price-to-earnings-growth ratio of 0.76 and a beta of 1.50. 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 fifty-two week low of $22.75 and a fifty-two week high of $41.47.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Thursday, August 1st. The company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.11. The company had revenue of $588.40 million for 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%. Janus Henderson Group’s revenue for the quarter was up 13.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.62 earnings per share. On average, research analysts expect that Janus Henderson Group plc will post 3.26 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts recently commented on the company. The Goldman Sachs Group upped their target price on Janus Henderson Group from $36.00 to $37.00 and gave the company a “sell” rating in a report on Thursday, October 3rd. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Janus Henderson Group from $36.00 to $37.00 and gave the stock a “hold” rating in a research report on Thursday, August 15th. Evercore ISI upped their price target on shares of Janus Henderson Group from $36.00 to $37.00 and gave the company an “in-line” rating in a research report on Friday, October 4th. StockNews.com lowered Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. Finally, JPMorgan Chase & Co. boosted 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. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Janus Henderson Group currently has a consensus rating of “Hold” and an average target price of $38.63.

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.