Janus Henderson Group plc (NYSE:JHG) Shares Sold by Hancock Whitney Corp

Hancock Whitney Corp reduced its position in Janus Henderson Group plc (NYSE:JHG) by 1.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 78,338 shares of the company’s stock after selling 1,457 shares during the quarter. Hancock Whitney Corp’s holdings in Janus Henderson Group were worth $2,641,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Versant Capital Management Inc bought a new position in Janus Henderson Group during the 2nd quarter worth approximately $34,000. EverSource Wealth Advisors LLC raised its position in shares of Janus Henderson Group by 39.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,299 shares of the company’s stock valued at $39,000 after acquiring an additional 369 shares in the last quarter. Larson Financial Group LLC raised its position in shares of Janus Henderson Group by 401.6% during the 2nd quarter. Larson Financial Group LLC now owns 1,249 shares of the company’s stock valued at $42,000 after acquiring an additional 1,000 shares in the last quarter. Abich Financial Wealth Management LLC lifted its stake in Janus Henderson Group by 41.9% during the first quarter. Abich Financial Wealth Management LLC now owns 1,420 shares of the company’s stock worth $47,000 after purchasing an additional 419 shares during the last quarter. Finally, GAMMA Investing LLC boosted its holdings in Janus Henderson Group by 159.6% in the second quarter. GAMMA Investing LLC now owns 2,440 shares of the company’s stock worth $82,000 after purchasing an additional 1,500 shares during the period. Institutional investors and hedge funds own 87.94% of the company’s stock.

Insider Buying and Selling at Janus Henderson Group

In other news, CAO Michelle Rosenberg sold 7,651 shares of the company’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $36.51, for a total value of $279,338.01. Following the completion of the sale, the chief accounting officer now directly owns 89,048 shares of the company’s stock, valued at approximately $3,251,142.48. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, CAO Michelle Rosenberg sold 7,651 shares of Janus Henderson Group stock in a transaction on Monday, August 19th. The stock was sold at an average price of $36.51, for a total transaction of $279,338.01. Following the transaction, the chief accounting officer now directly owns 89,048 shares in the company, valued at approximately $3,251,142.48. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Henderson Group Plc Janus acquired 189,856 shares of the business’s stock in a transaction dated Wednesday, July 24th. The stock was purchased at an average price of $3.20 per share, with a total value of $607,539.20. Following the acquisition, the insider now owns 2,081,168 shares of the company’s stock, valued at $6,659,737.60. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 492,997 shares of company stock valued at $1,667,418 and have sold 25,651 shares valued at $918,158. 19.60% of the stock is owned by corporate insiders.

Janus Henderson Group Price Performance

Shares of NYSE:JHG opened at $38.19 on Friday. Janus Henderson Group plc has a 52 week low of $22.17 and a 52 week high of $39.11. The firm has a market capitalization of $6.13 billion, a P/E ratio of 14.41, a PEG ratio of 0.74 and a beta of 1.51. The firm’s 50 day moving average is $36.20 and its two-hundred day moving average is $34.01. The company has a current ratio of 4.05, a quick ratio of 2.67 and a debt-to-equity ratio of 0.07.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings results on Thursday, August 1st. The company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.11. Janus Henderson Group had a return on equity of 10.76% and a net margin of 21.02%. The company had revenue of $588.40 million during the quarter, compared to analyst estimates of $568.79 million. During the same quarter in the previous year, the firm posted $0.62 EPS. The firm’s quarterly revenue was up 13.9% on a year-over-year basis. Analysts anticipate that Janus Henderson Group plc will post 3.23 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 28th. Investors of record on Monday, August 12th were given a $0.39 dividend. The ex-dividend date of this dividend was Monday, August 12th. This represents a $1.56 dividend on an annualized basis and a yield of 4.08%. Janus Henderson Group’s dividend payout ratio is presently 58.87%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. JPMorgan Chase & Co. increased 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. StockNews.com downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. TD Cowen raised their target price on shares of Janus Henderson Group from $37.00 to $38.00 and gave the stock a “buy” rating in a report on Monday, July 8th. Wells Fargo & Company assumed coverage on Janus Henderson Group in a report on Thursday, September 12th. They set an “equal weight” rating and a $37.00 target price for the company. Finally, UBS Group raised Janus Henderson Group from a “sell” rating to a “neutral” rating and raised their price target for the stock from $33.00 to $37.00 in a report on Monday, September 9th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $33.33.

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.