SG Americas Securities LLC Sells 243,876 Shares of Janus Henderson Group plc $JHG

SG Americas Securities LLC reduced its position in Janus Henderson Group plc (NYSE:JHG) by 89.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 28,323 shares of the company’s stock after selling 243,876 shares during the period. SG Americas Securities LLC’s holdings in Janus Henderson Group were worth $1,261,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. HB Wealth Management LLC acquired a new stake in shares of Janus Henderson Group in the third quarter valued at approximately $207,000. Moran Wealth Management LLC bought a new stake in Janus Henderson Group in the 3rd quarter valued at $240,000. Childress Capital Advisors LLC acquired a new stake in Janus Henderson Group during the 3rd quarter valued at $223,000. Park Avenue Securities LLC boosted its position in Janus Henderson Group by 101.0% during the third quarter. Park Avenue Securities LLC now owns 50,890 shares of the company’s stock worth $2,265,000 after purchasing an additional 25,570 shares during the period. Finally, Global Retirement Partners LLC increased its holdings in shares of Janus Henderson Group by 38.5% in the third quarter. Global Retirement Partners LLC now owns 5,854 shares of the company’s stock valued at $261,000 after purchasing an additional 1,628 shares during the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on JHG shares. TD Cowen downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 target price for the company. in a report on Tuesday, December 23rd. Evercore ISI decreased their target price on Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating on the stock in a research report on Monday, December 22nd. Wall Street Zen upgraded Janus Henderson Group from a “hold” rating to a “buy” rating in a research note on Saturday, December 20th. Morgan Stanley lifted their price target on Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 17th. Finally, Zacks Research lowered Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a report on Monday, December 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, Janus Henderson Group currently has an average rating of “Hold” and a consensus target price of $47.67.

Janus Henderson Group Stock Down 0.1%

Shares of JHG opened at $47.85 on Friday. The company has a current ratio of 4.02, a quick ratio of 2.15 and a debt-to-equity ratio of 0.08. Janus Henderson Group plc has a 12 month low of $28.26 and a 12 month high of $49.42. The firm’s 50 day moving average is $45.53 and its 200-day moving average is $44.06. The stock has a market capitalization of $7.39 billion, a PE ratio of 14.03, a P/E/G ratio of 0.75 and a beta of 1.54.

Janus Henderson Group (NYSE:JHG) last issued its quarterly earnings results 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 12.35% and a net margin of 19.82%.The business had revenue of $700.40 million for the quarter, compared to the consensus estimate of $695.57 million. During the same quarter in the prior year, the business posted $0.91 earnings per share. The firm’s quarterly revenue was up 12.1% compared to the same quarter last year. Equities research analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 26th. Investors of record on Monday, November 10th were given a $0.40 dividend. The ex-dividend date was Monday, November 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.3%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 46.92%.

Janus Henderson Group Profile

Janus Henderson Group plc is a global asset manager offering a broad range of investment solutions across equities, fixed income, multi-asset and alternative strategies. The firm provides portfolio management services to institutional clients, financial intermediaries and individual investors. Its product lineup includes actively managed mutual funds, separate accounts and exchange-traded funds, designed to meet a variety of risk-return objectives and investment horizons.

The company was formed in May 2017 through the merger of Janus Capital Group and Henderson Group, combining decades of investment expertise in both the U.S.