MQS Management LLC Has $455,000 Stake in Janus Henderson Group plc $JHG

MQS Management LLC decreased its position in shares of Janus Henderson Group plc (NYSE:JHG) by 11.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,702 shares of the company’s stock after selling 1,574 shares during the period. MQS Management LLC’s holdings in Janus Henderson Group were worth $455,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JHG. Brooklyn Investment Group lifted its position in Janus Henderson Group by 182.2% during the 1st quarter. Brooklyn Investment Group now owns 920 shares of the company’s stock worth $33,000 after acquiring an additional 594 shares during the last quarter. Allworth Financial LP lifted its position in Janus Henderson Group by 87.9% during the 1st quarter. Allworth Financial LP now owns 1,462 shares of the company’s stock worth $48,000 after acquiring an additional 684 shares during the last quarter. Fifth Third Bancorp lifted its position in Janus Henderson Group by 40.2% during the 2nd quarter. Fifth Third Bancorp now owns 2,167 shares of the company’s stock worth $84,000 after acquiring an additional 621 shares during the last quarter. UMB Bank n.a. lifted its position in Janus Henderson Group by 86.3% during the 2nd quarter. UMB Bank n.a. now owns 2,183 shares of the company’s stock worth $85,000 after acquiring an additional 1,011 shares during the last quarter. Finally, Wealthquest Corp acquired a new position in Janus Henderson Group during the 1st quarter worth $115,000. Institutional investors and hedge funds own 87.94% of the company’s stock.

Janus Henderson Group Stock Performance

NYSE JHG opened at $41.61 on Friday. The stock has a market cap of $6.49 billion, a P/E ratio of 15.64, a PEG ratio of 0.90 and a beta of 1.54. The company’s 50-day simple moving average is $43.96 and its 200 day simple moving average is $39.97. Janus Henderson Group plc has a twelve month low of $28.26 and a twelve month high of $46.68. The company has a quick ratio of 3.91, a current ratio of 4.49 and a debt-to-equity ratio of 0.08.

Janus Henderson Group (NYSE:JHG) last posted its earnings results on Thursday, July 31st. The company reported $0.90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.06. The business had revenue of $633.20 million for the quarter, compared to analysts’ expectations of $614.46 million. Janus Henderson Group had a net margin of 16.06% and a return on equity of 12.01%. The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.85 earnings per share. As a group, research analysts forecast that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Investors 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 dividend on an annualized basis and a yield of 3.8%. Janus Henderson Group’s payout ratio is presently 60.15%.

Analyst Ratings Changes

A number of research firms have weighed in on JHG. BMO Capital Markets began coverage on shares of Janus Henderson Group in a research report on Friday, October 3rd. They set an “outperform” rating and a $52.00 target price for the company. Weiss Ratings reissued a “buy (b-)” rating on shares of Janus Henderson Group in a research report on Saturday. Morgan Stanley restated a “positive” rating on shares of Janus Henderson Group in a report on Monday, October 6th. Evercore ISI boosted their price objective on shares of Janus Henderson Group from $45.00 to $48.00 and gave the stock an “in-line” rating in a report on Friday, September 5th. Finally, Wall Street Zen upgraded shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a 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 given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $47.00.

Insider Transactions at Janus Henderson Group

In related news, CFO Roger Mj Thompson sold 27,491 shares of the company’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 sale, the chief financial officer owned 113,097 shares of the company’s stock, valued at $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 SEC, which is available through this hyperlink. Also, insider Georgina Fogo sold 69,000 shares of the company’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 sale, the insider directly owned 58,057 shares in the company, valued at approximately $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 19.60% of the company’s stock.

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.