Janus Henderson Group plc $JHG Shares Sold by QRG Capital Management Inc.

QRG Capital Management Inc. trimmed its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 68.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,313 shares of the company’s stock after selling 53,124 shares during the quarter. QRG Capital Management Inc.’s holdings in Janus Henderson Group were worth $1,082,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in Janus Henderson Group during the second quarter worth $86,180,000. AQR Capital Management LLC raised its position in shares of Janus Henderson Group by 92.1% during the 2nd quarter. AQR Capital Management LLC now owns 3,700,170 shares of the company’s stock worth $143,715,000 after purchasing an additional 1,773,964 shares during the last quarter. Jane Street Group LLC lifted its stake in Janus Henderson Group by 1,924.0% in the 1st quarter. Jane Street Group LLC now owns 279,352 shares of the company’s stock valued at $10,099,000 after buying an additional 265,550 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Janus Henderson Group by 16.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,299,921 shares of the company’s stock worth $46,992,000 after buying an additional 186,218 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in Janus Henderson Group by 3.2% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 5,102,005 shares of the company’s stock worth $198,162,000 after buying an additional 155,947 shares in the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Analyst Upgrades and Downgrades

JHG has been the topic of several research reports. Cowen downgraded Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Monday, December 22nd. Weiss Ratings reissued a “buy (b)” rating on shares of Janus Henderson Group in a research note on Monday, December 29th. TD Cowen cut shares of Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 target price on the stock. in a research note on Tuesday, December 23rd. Evercore ISI reduced their target price on shares of Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating for the company in a research report on Monday, December 22nd. Finally, BMO Capital Markets initiated 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. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $47.67.

Janus Henderson Group Trading Down 0.2%

Shares of JHG stock opened at $47.74 on Wednesday. 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 twelve month low of $28.26 and a twelve month high of $49.42. The company’s 50-day moving average price is $45.68 and its 200-day moving average price is $44.23. The stock has a market cap of $7.37 billion, a price-to-earnings ratio of 14.00, a PEG ratio of 0.74 and a beta of 1.54.

Janus Henderson Group (NYSE:JHG) last issued its earnings results on Thursday, October 30th. The company reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08. Janus Henderson Group had a net margin of 19.82% and a return on equity of 12.35%. The company had revenue of $700.40 million for the quarter, compared to the consensus estimate of $695.57 million. During the same period in the previous year, the firm earned $0.91 earnings per share. Janus Henderson Group’s quarterly revenue was up 12.1% compared to the same quarter last year. As a group, equities 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 disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Investors of record on Monday, November 10th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 3.4%. The ex-dividend date was Monday, November 10th. Janus Henderson Group’s dividend payout ratio is presently 46.92%.

About Janus Henderson Group

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.