Sequoia Financial Advisors LLC Takes $780,000 Position in Janus Henderson Group plc $JHG

Sequoia Financial Advisors LLC bought a new stake in shares of Janus Henderson Group plc (NYSE:JHG) in the second quarter, HoldingsChannel reports. The institutional investor bought 20,075 shares of the company’s stock, valued at approximately $780,000.

Several other institutional investors and hedge funds have also modified their holdings of JHG. Brooklyn Investment Group lifted its position in shares of Janus Henderson Group by 182.2% during the 1st quarter. Brooklyn Investment Group now owns 920 shares of the company’s stock worth $33,000 after buying an additional 594 shares during the last quarter. Allworth Financial LP increased its stake in shares of Janus Henderson Group by 87.9% in the first quarter. Allworth Financial LP now owns 1,462 shares of the company’s stock valued at $48,000 after buying an additional 684 shares during the period. Farther Finance Advisors LLC increased its stake in shares of Janus Henderson Group by 82.3% in the first quarter. Farther Finance Advisors LLC now owns 2,299 shares of the company’s stock valued at $83,000 after buying an additional 1,038 shares during the period. Fifth Third Bancorp increased its stake in shares of Janus Henderson Group by 40.2% in the second quarter. Fifth Third Bancorp now owns 2,167 shares of the company’s stock valued at $84,000 after buying an additional 621 shares during the period. Finally, UMB Bank n.a. increased its stake in shares of Janus Henderson Group by 86.3% in the second quarter. UMB Bank n.a. now owns 2,183 shares of the company’s stock valued at $85,000 after buying an additional 1,011 shares during the period. 87.94% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Janus Henderson Group

In other Janus Henderson Group news, insider Georgina Fogo sold 69,000 shares of Janus Henderson Group stock in a transaction dated Monday, August 4th. The stock was 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 owned 58,057 shares of the company’s stock, valued at $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 SEC, which is available at this hyperlink. Also, CFO Roger Mj Thompson sold 27,491 shares of Janus Henderson Group stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $45.26, for a total value of $1,244,242.66. Following the sale, the chief financial officer directly owned 113,097 shares of the company’s stock, valued at approximately $5,118,770.22. This trade represents a 19.55% decrease in their position. The disclosure for this sale can be found here. 19.60% of the stock is currently owned by company insiders.

Janus Henderson Group Price Performance

Shares of NYSE JHG opened at $41.73 on Friday. The stock has a market cap of $6.51 billion, a PE ratio of 15.69, a price-to-earnings-growth ratio of 0.90 and a beta of 1.54. Janus Henderson Group plc has a fifty-two week low of $28.26 and a fifty-two week high of $46.68. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.91 and a current ratio of 4.49. The stock has a fifty day moving average of $44.16 and a 200-day moving average of $39.57.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.06. The company had revenue of $633.20 million during the quarter, compared to analyst estimates of $614.46 million. Janus Henderson Group had a return on equity of 12.01% and a net margin of 16.06%.The firm’s quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter last year, the company earned $0.85 earnings per share. Equities research analysts anticipate 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 Thursday, August 28th. Investors of record on Monday, August 11th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, August 11th. This represents a $1.60 annualized dividend and a yield of 3.8%. Janus Henderson Group’s dividend payout ratio (DPR) is currently 60.15%.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Janus Henderson Group in a research note on Wednesday, October 8th. Bank of America raised their target price on Janus Henderson Group from $49.00 to $50.00 and gave the company a “buy” rating in a report on Thursday, October 2nd. Zacks Research upgraded Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a report on Monday, October 13th. BMO Capital Markets assumed coverage on Janus Henderson Group in a report on Friday, October 3rd. They set an “outperform” rating and a $52.00 price target on the stock. Finally, Wells Fargo & Company lifted their price target on Janus Henderson Group from $37.00 to $44.00 and gave the stock an “equal weight” rating in a report on Friday, July 11th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $47.00.

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.