Invst LLC Sells 306 Shares of Janus Henderson Group plc (NYSE:JHG)

Invst LLC lessened its holdings in Janus Henderson Group plc (NYSE:JHG) by 1.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,885 shares of the company’s stock after selling 306 shares during the quarter. Invst LLC’s holdings in Janus Henderson Group were worth $795,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Quarry LP boosted its holdings in shares of Janus Henderson Group by 203.6% in the 3rd quarter. Quarry LP now owns 759 shares of the company’s stock worth $29,000 after buying an additional 509 shares during the last quarter. Larson Financial Group LLC boosted its stake in Janus Henderson Group by 401.6% in the second quarter. Larson Financial Group LLC now owns 1,249 shares of the company’s stock valued at $42,000 after acquiring an additional 1,000 shares during the last quarter. Huntington National Bank boosted its stake in Janus Henderson Group by 24.5% in the third quarter. Huntington National Bank now owns 1,219 shares of the company’s stock valued at $46,000 after acquiring an additional 240 shares during the last quarter. Addison Advisors LLC grew its position in shares of Janus Henderson Group by 103.4% during the 3rd quarter. Addison Advisors LLC now owns 1,263 shares of the company’s stock valued at $48,000 after acquiring an additional 642 shares during the period. Finally, Farther Finance Advisors LLC increased its stake in shares of Janus Henderson Group by 70.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,390 shares of the company’s stock worth $53,000 after purchasing an additional 575 shares during the last quarter. 87.94% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have weighed in on JHG. The Goldman Sachs Group increased their price objective on Janus Henderson Group from $36.00 to $37.00 and gave the company a “sell” rating in a report on Thursday, October 3rd. TD Cowen increased their price target on Janus Henderson Group from $46.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. StockNews.com cut Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Friday, August 16th. Evercore ISI increased their target price on shares of Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a research report on Thursday, November 7th. Finally, Wells Fargo & Company boosted their price target on shares of Janus Henderson Group from $37.00 to $38.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 9th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, Janus Henderson Group presently has an average rating of “Hold” and an average target price of $41.75.

Janus Henderson Group Trading Up 0.2 %

Shares of Janus Henderson Group stock opened at $44.01 on Wednesday. The company’s 50-day moving average price is $42.21 and its 200-day moving average price is $37.76. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.09. Janus Henderson Group plc has a 12-month low of $27.23 and a 12-month high of $45.74. The company has a market cap of $7.00 billion, a price-to-earnings ratio of 17.40, a PEG ratio of 0.58 and a beta of 1.49.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.80 by $0.11. The firm had revenue of $624.80 million during the quarter, compared to the consensus estimate of $600.88 million. Janus Henderson Group had a net margin of 17.33% and a return on equity of 11.49%. The business’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same period last year, the firm earned $0.64 EPS. On average, equities analysts expect that Janus Henderson Group plc will post 3.43 earnings per share for the current fiscal year.

Janus Henderson Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 27th were given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 3.54%. The ex-dividend date of this dividend was Wednesday, November 27th. Janus Henderson Group’s payout ratio is 61.66%.

Insiders Place Their Bets

In other news, CFO Roger Mj Thompson sold 9,000 shares of the stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $35.60, for a total value of $320,400.00. Following the transaction, the chief financial officer now owns 130,171 shares of the company’s stock, valued at $4,634,087.60. This represents a 6.47 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 20.00% 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.