Janus Henderson Group plc $JHG Shares Sold by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al lessened its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 37.7% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,380 shares of the company’s stock after selling 11,120 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Janus Henderson Group were worth $874,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the business. Versor Investments LP acquired a new stake in shares of Janus Henderson Group during the fourth quarter worth about $18,376,000. Bailard Inc. raised its stake in shares of Janus Henderson Group by 59.9% in the fourth quarter. Bailard Inc. now owns 43,009 shares of the company’s stock valued at $2,046,000 after acquiring an additional 16,119 shares in the last quarter. Swiss Life Asset Management Ltd raised its stake in shares of Janus Henderson Group by 77.7% in the fourth quarter. Swiss Life Asset Management Ltd now owns 10,483 shares of the company’s stock valued at $499,000 after acquiring an additional 4,585 shares in the last quarter. Drucker Wealth 3.0 LLC raised its stake in shares of Janus Henderson Group by 11.2% in the fourth quarter. Drucker Wealth 3.0 LLC now owns 18,498 shares of the company’s stock valued at $880,000 after acquiring an additional 1,868 shares in the last quarter. Finally, Ethic Inc. raised its stake in shares of Janus Henderson Group by 162.0% in the fourth quarter. Ethic Inc. now owns 12,602 shares of the company’s stock valued at $599,000 after acquiring an additional 7,792 shares in the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on JHG. Zacks Research cut Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Janus Henderson Group in a report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, Janus Henderson Group presently has an average rating of “Hold” and an average target price of $48.29.

Insider Transactions at Janus Henderson Group

In other news, CTO William B. Cassidy sold 16,947 shares of Janus Henderson Group stock in a transaction 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 transaction, the chief technology officer directly owned 118,939 shares of the company’s stock, valued at $6,216,941.53. The trade was a 12.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Ali Dibadj sold 127,632 shares of Janus Henderson Group 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 transaction, the chief executive officer directly owned 449,078 shares in the company, valued at $22,058,711.36. The trade was a 22.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 146,229 shares of company stock worth $7,239,650. Corporate insiders own 21.00% of the company’s stock.

Janus Henderson Group Stock Down 0.0%

JHG opened at $51.71 on Monday. The business’s 50-day simple moving average is $51.39 and its 200-day simple moving average is $48.30. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.51 and a current ratio of 3.89. Janus Henderson Group plc has a one year low of $35.56 and a one year high of $53.76. The stock has a market capitalization of $7.97 billion, a P/E ratio of 10.18, a price-to-earnings-growth ratio of 5.75 and a beta of 1.37.

Janus Henderson Group (NYSE:JHG) last posted its earnings results on Friday, May 8th. The company reported $0.90 EPS for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.08). Janus Henderson Group had a return on equity of 14.59% and a net margin of 24.33%.The firm had revenue of $541.60 million for the quarter, compared to analyst estimates of $560.37 million. During the same quarter last year, the firm posted $0.79 EPS. The firm’s revenue for the quarter was up 11.0% on a year-over-year basis. Analysts anticipate that Janus Henderson Group plc will post 4.39 EPS for the current year.

Janus Henderson Group 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.