Brighton Jones LLC Makes New Investment in Janus Henderson Group plc $JHG

Brighton Jones LLC purchased a new position in shares of Janus Henderson Group plc (NYSE:JHG) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 17,630 shares of the company’s stock, valued at approximately $685,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Focus Partners Advisor Solutions LLC acquired a new position in Janus Henderson Group during the 2nd quarter worth approximately $385,000. State of New Jersey Common Pension Fund D grew its holdings in Janus Henderson Group by 12.5% during the 2nd quarter. State of New Jersey Common Pension Fund D now owns 51,545 shares of the company’s stock worth $2,002,000 after acquiring an additional 5,747 shares in the last quarter. D.A. Davidson & CO. grew its holdings in Janus Henderson Group by 95.9% during the 2nd quarter. D.A. Davidson & CO. now owns 32,104 shares of the company’s stock worth $1,247,000 after acquiring an additional 15,716 shares in the last quarter. Chicago Partners Investment Group LLC acquired a new position in shares of Janus Henderson Group in the 2nd quarter valued at $392,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Janus Henderson Group in the 2nd quarter valued at $924,000. Institutional investors and hedge funds own 87.94% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on JHG. Zacks Research upgraded shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a report on Monday, October 13th. Weiss Ratings restated a “buy (b-)” rating on shares of Janus Henderson Group in a report on Wednesday, October 8th. BMO Capital Markets began coverage on shares of Janus Henderson Group in a report on Friday, October 3rd. They issued an “outperform” rating and a $52.00 target price for the company. Wall Street Zen upgraded shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Saturday, October 11th. Finally, Evercore ISI upped their target price on shares of Janus Henderson Group from $45.00 to $48.00 and gave the company an “in-line” rating in a report on Friday, September 5th. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Janus Henderson Group presently has a consensus rating of “Moderate Buy” and an average target price of $47.00.

Janus Henderson Group Stock Down 2.3%

JHG stock opened at $45.28 on Wednesday. The company has a fifty day moving average price of $44.09 and a 200 day moving average price of $40.21. Janus Henderson Group plc has a 12 month low of $28.26 and a 12 month high of $49.42. The company has a market cap of $7.06 billion, a price-to-earnings ratio of 17.02, a price-to-earnings-growth ratio of 1.00 and a beta of 1.54. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.49 and a quick ratio of 3.91.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.84 by $0.06. Janus Henderson Group had a net margin of 16.06% and a return on equity of 12.01%. The firm had revenue of $633.20 million during the quarter, compared to the consensus estimate of $614.46 million. During the same quarter in the prior year, the firm earned $0.85 EPS. Janus Henderson Group’s revenue for the quarter was up 7.6% on a year-over-year basis. Sell-side analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Insider Buying and Selling at Janus Henderson Group

In other Janus Henderson Group news, insider Georgina Fogo sold 69,000 shares of the company’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 transaction, the insider owned 58,057 shares in the company, valued at approximately $2,500,514.99. This represents a 54.31% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Roger Mj Thompson sold 27,491 shares of the company’s stock in a transaction on 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 transaction, the chief financial officer owned 113,097 shares of the company’s stock, valued at approximately $5,118,770.22. The trade was a 19.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 20.40% of the stock is owned by corporate insiders.

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.