Nordea Investment Management AB Has $8.78 Million Holdings in Janus Henderson Group plc $JHG

Nordea Investment Management AB decreased its position in Janus Henderson Group plc (NYSE:JHG) by 0.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 227,623 shares of the company’s stock after selling 482 shares during the period. Nordea Investment Management AB owned 0.14% of Janus Henderson Group worth $8,779,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brooklyn Investment Group increased its stake in Janus Henderson Group by 182.2% in the 1st quarter. Brooklyn Investment Group now owns 920 shares of the company’s stock valued at $33,000 after buying an additional 594 shares during the last quarter. Allworth Financial LP increased its stake in Janus Henderson Group by 87.9% in the 1st quarter. Allworth Financial LP now owns 1,462 shares of the company’s stock valued at $48,000 after buying an additional 684 shares during the last quarter. Farther Finance Advisors LLC increased its stake in Janus Henderson Group by 82.3% in the 1st quarter. Farther Finance Advisors LLC now owns 2,299 shares of the company’s stock valued at $83,000 after buying an additional 1,038 shares during the last quarter. Fifth Third Bancorp increased its stake in Janus Henderson Group by 40.2% in the 2nd quarter. Fifth Third Bancorp now owns 2,167 shares of the company’s stock valued at $84,000 after buying an additional 621 shares during the last quarter. Finally, UMB Bank n.a. increased its stake in Janus Henderson Group by 86.3% in the 2nd quarter. UMB Bank n.a. now owns 2,183 shares of the company’s stock valued at $85,000 after buying an additional 1,011 shares during the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Insider Buying and Selling at Janus Henderson Group

In other Janus Henderson Group news, CFO Roger Mj Thompson sold 27,491 shares of the business’s stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $45.26, for a total value of $1,244,242.66. Following the transaction, the chief financial officer owned 113,097 shares in the company, valued at approximately $5,118,770.22. The trade was a 19.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Georgina Fogo sold 69,000 shares of the business’s stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $43.07, for a total transaction of $2,971,830.00. Following the completion of the transaction, the insider owned 58,057 shares in the company, valued at $2,500,514.99. The trade was a 54.31% decrease in their position. The disclosure for this sale can be found here. Insiders own 20.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. JPMorgan Chase & Co. increased their price objective on shares of Janus Henderson Group from $44.00 to $47.00 and gave the company an “overweight” rating in a research note on Wednesday, July 16th. Wells Fargo & Company increased their target price on shares of Janus Henderson Group from $37.00 to $44.00 and gave the company an “equal weight” rating in a research report on Friday, July 11th. Bank of America increased their target price on shares of Janus Henderson Group from $49.00 to $50.00 and gave the company a “buy” rating in a research report on Thursday, October 2nd. Weiss Ratings reissued a “buy (b-)” rating on shares of Janus Henderson Group in a research report on Wednesday, October 8th. Finally, Wall Street Zen raised shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a research report on Saturday, October 11th. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $47.00.

Janus Henderson Group Stock Up 0.3%

Janus Henderson Group stock opened at $41.88 on Tuesday. Janus Henderson Group plc has a 1-year low of $28.26 and a 1-year high of $46.68. The firm has a market capitalization of $6.53 billion, a price-to-earnings ratio of 15.74, a P/E/G ratio of 0.90 and a beta of 1.54. The company has a current ratio of 4.49, a quick ratio of 3.91 and a debt-to-equity ratio of 0.08. The firm has a 50 day simple moving average of $44.15 and a 200 day simple moving average of $39.70.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.84 by $0.06. Janus Henderson Group had a net margin of 16.06% and a return on equity of 12.01%. The firm had revenue of $633.20 million during the quarter, compared to the consensus estimate of $614.46 million. During the same period last year, the firm earned $0.85 EPS. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. On average, analysts predict that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Shareholders of record on Monday, August 11th were paid a $0.40 dividend. The ex-dividend date of this dividend was Monday, August 11th. This represents a $1.60 annualized dividend and a yield of 3.8%. Janus Henderson Group’s payout ratio is currently 60.15%.

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.