Insider Selling: Janus Henderson Group (NYSE:JHG) Insider Sells $84,546.00 in Stock

Janus Henderson Group plc (NYSE:JHG) insider Megan Podzorov sold 1,650 shares of the stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $51.24, for a total value of $84,546.00. Following the sale, the insider owned 12,204 shares of the company’s stock, valued at $625,332.96. This represents a 11.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Janus Henderson Group Price Performance

JHG opened at $50.18 on Friday. 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 stock’s 50 day simple moving average is $49.10 and its 200 day simple moving average is $46.05. The firm has a market cap of $7.73 billion, a price-to-earnings ratio of 9.54, a PEG ratio of 1.44 and a beta of 1.53. Janus Henderson Group plc has a 1 year low of $28.26 and a 1 year high of $53.76.

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

Wall Street Analyst Weigh In

Several brokerages have weighed in on JHG. Weiss Ratings reissued a “buy (b)” rating on shares of Janus Henderson Group in a research report on Monday, December 29th. 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. Evercore lowered their price objective on shares of Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating for the company in a research note on Monday, December 22nd. TD Cowen lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 target price for the company. in a report on Tuesday, December 23rd. Finally, Morgan Stanley raised their target price on 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. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, Janus Henderson Group presently has a consensus rating of “Moderate Buy” and an average price target of $47.38.

Institutional Trading of Janus Henderson Group

Large investors have recently added to or reduced their stakes in the stock. V Square Quantitative Management LLC bought a new position in shares of Janus Henderson Group in the 4th quarter worth approximately $25,000. Bessemer Group Inc. lifted its stake in shares of Janus Henderson Group by 134.6% in the 3rd quarter. Bessemer Group Inc. now owns 596 shares of the company’s stock valued at $26,000 after purchasing an additional 342 shares during the period. United Community Bank bought a new stake in shares of Janus Henderson Group during the third quarter valued at approximately $30,000. Empowered Funds LLC purchased a new stake in Janus Henderson Group in the fourth quarter worth $33,000. Finally, Quent Capital LLC purchased a new stake in Janus Henderson Group in the third quarter worth $36,000. Institutional investors own 87.94% of the company’s stock.

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.