Dupont Capital Management Corp lowered its stake in shares of Janus Henderson Group PLC (NYSE:JHG) by 5.2% during the third quarter, Holdings Channel reports. The institutional investor owned 17,004 shares of the company’s stock after selling 927 shares during the period. Dupont Capital Management Corp’s holdings in Janus Henderson Group were worth $382,000 at the end of the most recent reporting period.
A number of other hedge funds also recently added to or reduced their stakes in the stock. Nomura Asset Management Co. Ltd. purchased a new stake in shares of Janus Henderson Group in the second quarter valued at about $55,000. Assetmark Inc. lifted its holdings in shares of Janus Henderson Group by 73.3% in the second quarter. Assetmark Inc. now owns 7,952 shares of the company’s stock valued at $170,000 after purchasing an additional 3,363 shares in the last quarter. Bank of Montreal Can lifted its holdings in shares of Janus Henderson Group by 15.6% in the second quarter. Bank of Montreal Can now owns 8,738 shares of the company’s stock valued at $188,000 after purchasing an additional 1,182 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of Janus Henderson Group in the second quarter valued at about $207,000. Finally, World Asset Management Inc purchased a new stake in shares of Janus Henderson Group in the second quarter valued at about $221,000. 68.35% of the stock is currently owned by hedge funds and other institutional investors.
In other news, insider Seymour-Jackson Angela acquired 3,116 shares of the business’s stock in a transaction dated Friday, October 18th. The stock was acquired at an average price of $41.72 per share, with a total value of $129,999.52. Insiders own 2.08% of the company’s stock.
NYSE:JHG opened at $24.67 on Thursday. The firm has a 50 day simple moving average of $22.27 and a 200-day simple moving average of $21.59. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.64 and a quick ratio of 1.88. The firm has a market cap of $4.54 billion, a PE ratio of 9.00, a P/E/G ratio of 1.81 and a beta of 1.30. Janus Henderson Group PLC has a 1-year low of $17.68 and a 1-year high of $25.83.
Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.03. The business had revenue of $536.00 million during the quarter, compared to analyst estimates of $533.94 million. Janus Henderson Group had a net margin of 19.63% and a return on equity of 9.69%. The company’s revenue was down 7.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.69 earnings per share. As a group, sell-side analysts expect that Janus Henderson Group PLC will post 2.42 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 25th. Stockholders of record on Monday, November 11th will be given a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 5.84%. The ex-dividend date of this dividend is Thursday, November 7th. Janus Henderson Group’s dividend payout ratio is presently 52.55%.
Several analysts have issued reports on the stock. ValuEngine downgraded shares of Janus Henderson Group from a “sell” rating to a “strong sell” rating in a report on Tuesday. Jefferies Financial Group downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating and reduced their price target for the company from $36.56 to $35.11 in a report on Monday, July 22nd. Gabelli reaffirmed a “hold” rating on shares of Janus Henderson Group in a report on Thursday, August 1st. Zacks Investment Research downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Thursday, October 10th. Finally, Keefe, Bruyette & Woods downgraded shares of Janus Henderson Group from a “market perform” rating to an “underperform” rating and reduced their price target for the company from $21.00 to $19.50 in a report on Friday, October 4th. Four analysts have rated the stock with a sell rating and seven have given a hold rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $24.93.
Janus Henderson Group Company 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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