Janus Henderson Group plc (NYSE:JHG) Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC trimmed its position in shares of Janus Henderson Group plc (NYSE:JHG) by 3.7% in the third quarter, HoldingsChannel reports. The institutional investor owned 13,300 shares of the company’s stock after selling 514 shares during the period. Natixis Advisors LLC’s holdings in Janus Henderson Group were worth $506,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the stock. Huntington National Bank increased its holdings in Janus Henderson Group by 24.5% in the 3rd quarter. Huntington National Bank now owns 1,219 shares of the company’s stock valued at $46,000 after purchasing an additional 240 shares in the last quarter. MQS Management LLC bought a new position in shares of Janus Henderson Group during the third quarter worth about $216,000. Victory Capital Management Inc. lifted its position in shares of Janus Henderson Group by 5.3% during the third quarter. Victory Capital Management Inc. now owns 17,167 shares of the company’s stock worth $654,000 after purchasing an additional 857 shares during the last quarter. Aigen Investment Management LP bought a new position in shares of Janus Henderson Group during the third quarter worth about $325,000. Finally, Venturi Wealth Management LLC lifted its position in shares of Janus Henderson Group by 159.6% during the third quarter. Venturi Wealth Management LLC now owns 3,666 shares of the company’s stock worth $140,000 after purchasing an additional 2,254 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Roger Mj Thompson sold 9,000 shares of Janus Henderson Group stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of $35.60, for a total transaction of $320,400.00. Following the sale, the chief financial officer now owns 130,171 shares of the company’s stock, valued at approximately $4,634,087.60. The trade was a 6.47 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 20.00% of the company’s stock.

Janus Henderson Group Stock Performance

JHG opened at $45.27 on Friday. The business’s 50 day moving average is $41.32 and its 200-day moving average is $37.20. The stock has a market cap of $7.20 billion, a PE ratio of 17.89, a price-to-earnings-growth ratio of 0.59 and a beta of 1.49. The company has a current ratio of 3.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.09. Janus Henderson Group plc has a twelve month low of $25.39 and a twelve month high of $45.74.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.11. The company had revenue of $624.80 million for the quarter, compared to analysts’ expectations of $600.88 million. Janus Henderson Group had a return on equity of 11.49% and a net margin of 17.33%. The business’s revenue for the quarter was up 19.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.64 earnings per share. On average, analysts predict that Janus Henderson Group plc will post 3.43 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 27th were issued a dividend of $0.39 per share. The ex-dividend date was Wednesday, November 27th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.45%. Janus Henderson Group’s dividend payout ratio (DPR) is presently 61.66%.

Analyst Upgrades and Downgrades

JHG has been the topic of several research analyst reports. Morgan Stanley increased their price target on shares of Janus Henderson Group from $39.00 to $42.00 and gave the stock an “equal weight” rating in a research report on Friday, October 18th. UBS Group raised their target price on shares of Janus Henderson Group from $37.00 to $41.00 and gave the stock a “neutral” rating in a report on Tuesday, October 22nd. Evercore ISI raised their target price on shares of Janus Henderson Group from $40.00 to $43.00 and gave the stock an “in-line” rating in a report on Thursday, November 7th. Wells Fargo & Company raised their target price on shares of Janus Henderson Group from $37.00 to $38.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 9th. Finally, JPMorgan Chase & Co. raised their target price on shares of Janus Henderson Group from $38.00 to $39.00 and gave the stock a “neutral” rating in a report on Friday, August 2nd. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $41.75.

Janus Henderson Group Profile

Janus Henderson Group plc is an asset management holding entity. Through its subsidiaries, the firm provides services to institutional, retail clients, and high net worth clients. It manages separate client-focused equity and fixed income portfolios. The firm also manages equity, fixed income, and balanced mutual funds for its clients.