Campbell & CO Investment Adviser LLC Sells 142,703 Shares of Janus Henderson Group plc $JHG

Campbell & CO Investment Adviser LLC cut its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 60.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 93,376 shares of the company’s stock after selling 142,703 shares during the period. Campbell & CO Investment Adviser LLC owned approximately 0.06% of Janus Henderson Group worth $3,627,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of JHG. Envestnet Asset Management Inc. boosted its holdings in shares of Janus Henderson Group by 28.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 320,093 shares of the company’s stock valued at $11,571,000 after acquiring an additional 71,553 shares during the last quarter. Allworth Financial LP lifted its position in Janus Henderson Group by 87.9% during the first quarter. Allworth Financial LP now owns 1,462 shares of the company’s stock valued at $48,000 after purchasing an additional 684 shares during the period. Cerity Partners LLC boosted its holdings in Janus Henderson Group by 7.7% in the first quarter. Cerity Partners LLC now owns 41,748 shares of the company’s stock worth $1,509,000 after purchasing an additional 2,991 shares during the last quarter. Mutual of America Capital Management LLC grew its position in Janus Henderson Group by 4.3% in the 1st quarter. Mutual of America Capital Management LLC now owns 319,131 shares of the company’s stock worth $11,537,000 after purchasing an additional 13,080 shares during the period. Finally, Louisiana State Employees Retirement System grew its position in Janus Henderson Group by 0.8% in the 1st quarter. Louisiana State Employees Retirement System now owns 35,600 shares of the company’s stock worth $1,287,000 after purchasing an additional 300 shares during the period. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Janus Henderson Group Trading Up 1.5%

Janus Henderson Group stock opened at $43.94 on Friday. Janus Henderson Group plc has a 12-month low of $28.26 and a 12-month high of $49.42. The firm has a market capitalization of $6.79 billion, a price-to-earnings ratio of 16.52, a P/E/G ratio of 0.96 and a beta of 1.59. The firm has a 50 day moving average of $44.03 and a 200 day moving average of $40.93. 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 (NYSE:JHG) last announced its quarterly earnings data on Thursday, October 30th. The company reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08. The firm had revenue of $700.40 million during the quarter, compared to analysts’ expectations of $695.57 million. Janus Henderson Group had a net margin of 16.06% and a return on equity of 12.01%. The company’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.91 earnings per share. As a group, research analysts predict that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 26th. Shareholders of record on Monday, November 10th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, November 10th. This represents a $1.60 dividend on an annualized basis and a yield of 3.6%. Janus Henderson Group’s dividend payout ratio (DPR) is currently 46.92%.

Insider Activity at Janus Henderson Group

In other news, 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 value of $1,244,242.66. Following the completion of the transaction, the chief financial officer owned 113,097 shares of the company’s stock, valued at $5,118,770.22. This represents a 19.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 19.60% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research firms have recently issued reports on JHG. Morgan Stanley restated a “positive” rating on shares of Janus Henderson Group in a research note on Monday, October 6th. Cowen reissued a “buy” rating on shares of Janus Henderson Group in a report on Friday, October 31st. BMO Capital Markets initiated coverage on Janus Henderson Group in a research note on Friday, October 3rd. They set an “outperform” rating and a $52.00 price target for the company. JPMorgan Chase & Co. upped their price target on shares of Janus Henderson Group from $44.00 to $47.00 and gave the company an “overweight” rating in a research report on Wednesday, July 16th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Janus Henderson Group in a research note on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $47.70.

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.