Ali Dibadj Sells 127,632 Shares of Janus Henderson Group (NYSE:JHG) Stock

Janus Henderson Group plc (NYSE:JHG) CEO Ali Dibadj sold 127,632 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $49.12, for a total transaction of $6,269,283.84. Following the completion of the sale, the chief executive officer owned 449,078 shares of the company’s stock, valued at approximately $22,058,711.36. This trade represents a 22.13% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Janus Henderson Group Stock Performance

NYSE JHG traded up $0.53 during trading on Tuesday, reaching $49.58. The company’s stock had a trading volume of 3,457,277 shares, compared to its average volume of 1,662,277. The business’s fifty day moving average price is $47.62 and its 200-day moving average price is $45.13. Janus Henderson Group plc has a twelve month low of $28.26 and a twelve month high of $49.68. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.15 and a current ratio of 4.02. The firm has a market cap of $7.66 billion, a price-to-earnings ratio of 9.43, a P/E/G ratio of 1.40 and a beta of 1.54.

Janus Henderson Group (NYSE:JHG) last announced its earnings results on Friday, January 30th. The company reported $2.01 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.82. The business had revenue of $996.60 million during the quarter, compared to the consensus estimate of $763.09 million. Janus Henderson Group had a net margin of 25.83% and a return on equity of 14.70%. The business’s quarterly revenue was up 61.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.07 earnings per share. As a group, analysts anticipate that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Institutional Investors Weigh In On Janus Henderson Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. V Square Quantitative Management LLC acquired a new stake in shares of Janus Henderson Group in the 4th quarter worth approximately $25,000. Bessemer Group Inc. increased its position in shares of Janus Henderson Group by 134.6% in the third quarter. Bessemer Group Inc. now owns 596 shares of the company’s stock valued at $26,000 after buying an additional 342 shares in the last quarter. United Community Bank purchased a new position in shares of Janus Henderson Group in the third quarter valued at $30,000. Empowered Funds LLC acquired a new position in shares of Janus Henderson Group during the 4th quarter worth $33,000. Finally, Larson Financial Group LLC boosted its position in shares of Janus Henderson Group by 108.0% in the 4th quarter. Larson Financial Group LLC now owns 782 shares of the company’s stock worth $37,000 after buying an additional 406 shares in the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

JHG has been the topic of a number of analyst reports. Wall Street Zen upgraded shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a research report on Saturday, December 20th. Morgan Stanley raised their target price on shares of Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 17th. Bank of America reiterated a “neutral” rating and set a $49.00 price target (down from $54.00) on shares of Janus Henderson Group in a research note on Monday, January 5th. Evercore cut their price target on shares of Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating for the company in a report on Monday, December 22nd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Janus Henderson Group in a report on Monday, December 29th. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $47.67.

Janus Henderson Group Company Profile

Janus Henderson Group plc is a global asset manager offering a broad range of investment solutions across equities, fixed income, multi-asset and alternative strategies. The firm provides portfolio management services to institutional clients, financial intermediaries and individual investors. Its product lineup includes actively managed mutual funds, separate accounts and exchange-traded funds, designed to meet a variety of risk-return objectives and investment horizons.

The company was formed in May 2017 through the merger of Janus Capital Group and Henderson Group, combining decades of investment expertise in both the U.S.