111 Capital decreased its holdings in Janus Henderson Group plc (NYSE:JHG – Free Report) by 58.9% in the second quarter, HoldingsChannel.com reports. The fund owned 9,272 shares of the company’s stock after selling 13,266 shares during the quarter. 111 Capital’s holdings in Janus Henderson Group were worth $360,000 at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in JHG. Mirae Asset Global Investments Co. Ltd. boosted its stake in Janus Henderson Group by 12.4% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 103,653 shares of the company’s stock worth $3,729,000 after purchasing an additional 11,435 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Janus Henderson Group by 4,188.8% in the first quarter. GAMMA Investing LLC now owns 144,962 shares of the company’s stock worth $5,240,000 after buying an additional 141,582 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Janus Henderson Group by 28.8% during the first quarter. Envestnet Asset Management Inc. now owns 320,093 shares of the company’s stock worth $11,571,000 after acquiring an additional 71,553 shares during the last quarter. Sierra Summit Advisors LLC purchased a new position in Janus Henderson Group during the first quarter valued at $587,000. Finally, Jump Financial LLC bought a new stake in Janus Henderson Group in the 1st quarter valued at $6,099,000. Hedge funds and other institutional investors own 87.94% of the company’s stock.
Janus Henderson Group Price Performance
Janus Henderson Group stock opened at $45.54 on Monday. The firm has a market capitalization of $7.10 billion, a PE ratio of 17.12, a price-to-earnings-growth ratio of 1.02 and a beta of 1.54. Janus Henderson Group plc has a 12-month low of $28.26 and a 12-month high of $46.68. The firm has a 50-day moving average price of $44.01 and a 200-day moving average price of $39.12. The company has a current ratio of 4.49, a quick ratio of 3.91 and a debt-to-equity ratio of 0.08.
Janus Henderson Group Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Monday, August 11th were issued a dividend of $0.40 per share. The ex-dividend date was Monday, August 11th. This represents a $1.60 dividend on an annualized basis and a yield of 3.5%. Janus Henderson Group’s payout ratio is presently 60.15%.
Wall Street Analysts Forecast Growth
Several research analysts have commented on JHG shares. Morgan Stanley increased their price objective on shares of Janus Henderson Group from $33.00 to $36.00 and gave the company an “equal weight” rating in a report on Wednesday, July 2nd. JPMorgan Chase & Co. increased their price target on Janus Henderson Group from $44.00 to $47.00 and gave the company an “overweight” rating in a research note on Wednesday, July 16th. Wall Street Zen cut Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Saturday, August 30th. Bank of America upped their price objective on Janus Henderson Group from $49.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday. Finally, BMO Capital Markets assumed coverage on shares of Janus Henderson Group in a report on Friday. They issued an “outperform” rating and a $52.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $46.20.
View Our Latest Stock Report on JHG
Insider Buying and Selling at Janus Henderson Group
In other news, insider Georgina Fogo sold 69,000 shares of the business’s stock in a transaction on 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 of the company’s stock, valued at approximately $2,500,514.99. The trade was a 54.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Roger Mj Thompson sold 27,491 shares of the company’s stock in a transaction dated 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 transaction, the chief financial officer owned 113,097 shares in the company, valued at approximately $5,118,770.22. The trade was a 19.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 20.40% of the company’s stock.
Janus Henderson Group 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.
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