Campbell & CO Investment Adviser LLC Cuts Stock Holdings in Janus Henderson Group plc $JHG

Campbell & CO Investment Adviser LLC reduced its stake in Janus Henderson Group plc (NYSE:JHG) by 60.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 93,376 shares of the company’s stock after selling 142,703 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Janus Henderson Group were worth $3,627,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of JHG. Envestnet Asset Management Inc. raised its position in Janus Henderson Group by 28.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 320,093 shares of the company’s stock worth $11,571,000 after purchasing an additional 71,553 shares during the period. Brighton Jones LLC bought a new position in shares of Janus Henderson Group during the second quarter valued at approximately $685,000. Sierra Summit Advisors LLC purchased a new stake in shares of Janus Henderson Group in the first quarter worth approximately $587,000. Jump Financial LLC purchased a new stake in shares of Janus Henderson Group in the first quarter worth approximately $6,099,000. Finally, Voleon Capital Management LP bought a new stake in shares of Janus Henderson Group during the 1st quarter worth approximately $395,000. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Insider Buying and Selling

In related news, CFO Roger Mj Thompson sold 27,491 shares of the company’s stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $45.26, for a total transaction of $1,244,242.66. Following the completion of the sale, the chief financial officer directly owned 113,097 shares in the company, valued at $5,118,770.22. This represents a 19.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. 19.60% of the stock is owned by company insiders.

Janus Henderson Group Stock Performance

JHG stock opened at $43.94 on Friday. Janus Henderson Group plc has a 1-year low of $28.26 and a 1-year high of $49.42. The business has a 50-day moving average price of $44.03 and a 200 day moving average price of $40.93. The company has a market capitalization of $6.79 billion, a P/E ratio of 16.52, a PEG ratio of 0.96 and a beta of 1.59. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.49 and a quick ratio of 3.91.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Thursday, October 30th. The company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.08. The company had revenue of $700.40 million for the quarter, compared to analysts’ expectations of $695.57 million. Janus Henderson Group had a net margin of 16.06% and a return on equity of 12.01%. The firm’s quarterly revenue was up 12.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.91 EPS. As a group, equities research analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 26th. Investors of record on Monday, November 10th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend is Monday, November 10th. Janus Henderson Group’s dividend payout ratio (DPR) is presently 46.92%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on JHG shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of Janus Henderson Group in a research note on Wednesday, October 8th. BMO Capital Markets began coverage on shares of Janus Henderson Group in a research note on Friday, October 3rd. They issued an “outperform” rating and a $52.00 price target on the stock. JPMorgan Chase & Co. boosted 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 report on Wednesday, July 16th. Zacks Research upgraded shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 13th. Finally, Morgan Stanley reaffirmed a “positive” rating on shares of Janus Henderson Group in a research report on Monday, October 6th. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $47.70.

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.