Janus Henderson Group plc $JHG Stock Holdings Trimmed by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC lessened its position in shares of Janus Henderson Group plc (NYSE:JHG) by 90.6% during the second quarter, HoldingsChannel reports. The institutional investor owned 20,832 shares of the company’s stock after selling 200,288 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Janus Henderson Group were worth $809,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of Janus Henderson Group by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 14,227,134 shares of the company’s stock valued at $514,311,000 after acquiring an additional 78,321 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Janus Henderson Group by 7.7% in the first quarter. Charles Schwab Investment Management Inc. now owns 4,946,058 shares of the company’s stock worth $178,800,000 after purchasing an additional 352,617 shares during the period. AQR Capital Management LLC increased its stake in Janus Henderson Group by 8.8% during the first quarter. AQR Capital Management LLC now owns 1,926,206 shares of the company’s stock valued at $68,400,000 after purchasing an additional 155,059 shares during the last quarter. Clark Capital Management Group Inc. raised its holdings in shares of Janus Henderson Group by 2.0% during the first quarter. Clark Capital Management Group Inc. now owns 1,445,920 shares of the company’s stock worth $52,270,000 after purchasing an additional 28,117 shares during the period. Finally, Invesco Ltd. lifted its position in shares of Janus Henderson Group by 15.5% in the 1st quarter. Invesco Ltd. now owns 1,354,770 shares of the company’s stock worth $48,975,000 after buying an additional 182,014 shares during the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on JHG. BMO Capital Markets assumed coverage on shares of Janus Henderson Group in a research report on Friday, October 3rd. They set an “outperform” rating and a $52.00 price objective for the company. Bank of America upped their target price on Janus Henderson Group from $49.00 to $50.00 and gave the company a “buy” rating in a report on Thursday, October 2nd. Evercore ISI reissued a “positive” rating on shares of Janus Henderson Group in a report on Friday, October 31st. Wall Street Zen upgraded Janus Henderson Group from a “hold” rating to a “buy” rating in a research report on Sunday, November 9th. Finally, Cowen restated a “buy” rating on shares of Janus Henderson Group in a research note on Friday, October 31st. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Janus Henderson Group has a consensus rating of “Buy” and an average target price of $48.11.

Janus Henderson Group Stock Performance

JHG opened at $43.72 on Friday. 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 business’s 50 day moving average is $44.00 and its 200-day moving average is $41.19. The stock has a market cap of $6.75 billion, a PE ratio of 16.44, a price-to-earnings-growth ratio of 0.96 and a beta of 1.59. Janus Henderson Group plc has a twelve month low of $28.26 and a twelve month high of $49.42.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings data on Thursday, October 30th. The company reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08. Janus Henderson Group had a return on equity of 12.01% and a net margin of 16.06%.The business had revenue of $700.40 million during the quarter, compared to analyst estimates of $695.57 million. During the same period in the prior year, the company posted $0.91 EPS. The business’s revenue for the quarter was up 12.1% 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 Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 26th. Stockholders of record on Monday, November 10th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Monday, November 10th. This represents a $1.60 annualized dividend and a dividend yield of 3.7%. Janus Henderson Group’s dividend payout ratio is presently 46.92%.

Insider Activity at Janus Henderson Group

In related news, CFO Roger Mj Thompson sold 27,491 shares of Janus Henderson Group stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $45.26, for a total transaction of $1,244,242.66. Following the sale, the chief financial officer directly owned 113,097 shares in the company, valued at $5,118,770.22. The trade was a 19.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 20.40% of the company’s stock.

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.