Janus Henderson Group plc $JHG Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. reduced its stake in shares of Janus Henderson Group plc (NYSE:JHG) by 12.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 12,132,303 shares of the company’s stock after selling 1,687,674 shares during the quarter. Vanguard Group Inc. owned about 0.08% of Janus Henderson Group worth $577,134,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in JHG. V Square Quantitative Management LLC purchased a new position in Janus Henderson Group in the 4th quarter valued at approximately $25,000. Bessemer Group Inc. boosted its position in Janus Henderson Group by 134.6% during the third quarter. Bessemer Group Inc. now owns 596 shares of the company’s stock worth $26,000 after purchasing an additional 342 shares in the last quarter. United Community Bank purchased a new stake in Janus Henderson Group during the third quarter worth $30,000. Quent Capital LLC purchased a new stake in Janus Henderson Group during the third quarter worth $36,000. Finally, Addison Advisors LLC boosted its position in Janus Henderson Group by 42.3% during the third quarter. Addison Advisors LLC now owns 818 shares of the company’s stock worth $36,000 after purchasing an additional 243 shares in the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Megan Podzorov sold 1,650 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $51.24, for a total transaction of $84,546.00. Following the sale, the insider owned 12,204 shares in the company, valued at approximately $625,332.96. This trade represents a 11.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Ali Dibadj sold 127,632 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $49.12, for a total transaction of $6,269,283.84. Following the sale, the chief executive officer owned 449,078 shares in the company, valued at approximately $22,058,711.36. This trade represents a 22.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 146,229 shares of company stock worth $7,239,650. 19.60% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of analysts have commented on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Janus Henderson Group in a research report on Friday, March 27th. Bank of America reiterated a “neutral” rating and set a $49.00 target price (down from $54.00) on shares of Janus Henderson Group in a research report on Monday, January 5th. Finally, Zacks Research lowered shares of Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $48.29.

Janus Henderson Group Stock Up 0.0%

Shares of NYSE JHG opened at $51.62 on Tuesday. Janus Henderson Group plc has a 1 year low of $34.54 and a 1 year high of $53.76. The firm’s 50 day moving average price is $51.29 and its 200 day moving average price is $47.72. The firm has a market cap of $7.95 billion, a P/E ratio of 9.81, a price-to-earnings-growth ratio of 5.73 and a beta of 1.37. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.50 and a current ratio of 4.18.

Janus Henderson Group (NYSE:JHG) last announced its earnings results on Friday, January 30th. The company reported $2.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.19 by $0.82. Janus Henderson Group had a net margin of 25.83% and a return on equity of 14.70%. The firm had revenue of $996.60 million for the quarter, compared to analyst estimates of $763.09 million. During the same quarter last year, the business earned $1.07 earnings per share. Janus Henderson Group’s revenue was up 61.3% compared to the same quarter last year. As a group, sell-side analysts anticipate that Janus Henderson Group plc will post 4.39 earnings per share for the current year.

About Janus Henderson Group

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.