Janus Henderson Group (NYSE:JHG) CTO William Cassidy Sells 16,947 Shares of Stock

Janus Henderson Group plc (NYSE:JHG) CTO William Cassidy sold 16,947 shares of Janus Henderson Group stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $52.27, for a total value of $885,819.69. Following the completion of the transaction, the chief technology officer owned 118,939 shares in the company, valued at $6,216,941.53. This trade represents a 12.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Janus Henderson Group Price Performance

Janus Henderson Group stock opened at $51.63 on Wednesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.18 and a quick ratio of 2.50. The business has a 50 day simple moving average of $48.57 and a 200-day simple moving average of $45.65. Janus Henderson Group plc has a 12 month low of $28.26 and a 12 month high of $53.76. The stock has a market capitalization of $7.95 billion, a PE ratio of 9.81, a price-to-earnings-growth ratio of 1.49 and a beta of 1.53.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings data on Friday, January 30th. The company reported $2.01 earnings per share for the quarter, beating analysts’ consensus estimates of $1.19 by $0.82. The firm had revenue of $996.60 million for the quarter, compared to analyst estimates of $763.09 million. Janus Henderson Group had a net margin of 25.83% and a return on equity of 14.70%. Janus Henderson Group’s quarterly revenue was up 61.3% on a year-over-year basis. During the same period last year, the firm posted $1.07 EPS. Equities analysts predict that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Institutional Investors Weigh In On Janus Henderson Group

Institutional investors have recently modified their holdings of the company. Cibc World Market Inc. raised its holdings in Janus Henderson Group by 2.9% during the third quarter. Cibc World Market Inc. now owns 8,429 shares of the company’s stock worth $375,000 after purchasing an additional 234 shares during the last quarter. Addison Advisors LLC grew its holdings in Janus Henderson Group by 42.3% in the third quarter. Addison Advisors LLC now owns 818 shares of the company’s stock valued at $36,000 after purchasing an additional 243 shares during the last quarter. J. W. Coons Advisors LLC increased its position in shares of Janus Henderson Group by 2.5% in the second quarter. J. W. Coons Advisors LLC now owns 10,663 shares of the company’s stock valued at $414,000 after buying an additional 265 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Janus Henderson Group by 5.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 4,931 shares of the company’s stock worth $192,000 after buying an additional 274 shares during the last quarter. Finally, Inscription Capital LLC boosted its position in shares of Janus Henderson Group by 2.0% in the 4th quarter. Inscription Capital LLC now owns 13,938 shares of the company’s stock worth $663,000 after buying an additional 279 shares in the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Analyst Ratings Changes

JHG has been the subject of a number of recent analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of Janus Henderson Group in a research report on Monday, December 29th. Zacks Research upgraded Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 10th. Morgan Stanley raised their price target on Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Wednesday, December 17th. Wall Street Zen upgraded Janus Henderson Group from a “hold” rating to a “buy” rating in a research note on Saturday, December 20th. Finally, Bank of America reaffirmed a “neutral” rating and set a $49.00 price objective (down from $54.00) on shares of Janus Henderson Group in a report on Monday, January 5th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $47.38.

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.