Janus Henderson Group plc (NYSE:JHG) Shares Sold by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D trimmed its position in Janus Henderson Group plc (NYSE:JHG) by 37.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 56,138 shares of the company’s stock after selling 33,859 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Janus Henderson Group were worth $1,892,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Versant Capital Management Inc acquired a new position in shares of Janus Henderson Group during the 2nd quarter worth approximately $34,000. EverSource Wealth Advisors LLC boosted its holdings 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 worth $39,000 after purchasing an additional 369 shares during the last quarter. Larson Financial Group LLC boosted its holdings 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 worth $42,000 after purchasing an additional 1,000 shares during the last quarter. Abich Financial Wealth Management LLC boosted its holdings in shares of Janus Henderson Group by 41.9% during the 1st 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 shares of Janus Henderson Group by 159.6% during the 2nd 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 last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Janus Henderson Group

In related news, major shareholder Henderson Group Plc Janus purchased 166,042 shares of the firm’s stock in a transaction on Wednesday, July 3rd. The shares were bought at an average price of $3.55 per share, for a total transaction of $589,449.10. Following the acquisition, the insider now directly owns 1,648,577 shares in the company, valued at $5,852,448.35. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Janus Henderson Group news, major shareholder Henderson Group Plc Janus bought 166,042 shares of the business’s stock in a transaction dated Wednesday, July 3rd. The shares were acquired at an average price of $3.55 per share, with a total value of $589,449.10. Following the purchase, the insider now owns 1,648,577 shares in the company, valued at approximately $5,852,448.35. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Roger Mj Thompson sold 9,000 shares of the firm’s stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $35.38, for a total transaction of $318,420.00. Following the completion of the transaction, the chief financial officer now directly owns 139,171 shares in the company, valued at approximately $4,923,869.98. The disclosure for this sale can be found here. In the last quarter, insiders have purchased 492,997 shares of company stock worth $1,667,418 and have sold 25,651 shares worth $918,158. 19.60% of the stock is owned by company insiders.

Analyst Ratings Changes

JHG has been the topic of several recent research reports. UBS Group upgraded Janus Henderson Group from a “sell” rating to a “neutral” rating and boosted their target price for the stock from $33.00 to $37.00 in a report on Monday, September 9th. TD Cowen boosted their target price on Janus Henderson Group from $37.00 to $38.00 and gave the stock a “buy” rating in a report on Monday, July 8th. Deutsche Bank Aktiengesellschaft boosted their target price on Janus Henderson Group from $36.00 to $37.00 and gave the stock a “hold” rating in a report on Thursday, August 15th. Wells Fargo & Company started coverage on Janus Henderson Group in a report on Thursday, September 12th. They issued an “equal weight” rating and a $37.00 price objective on the stock. Finally, JPMorgan Chase & Co. upped their price objective on Janus Henderson Group from $38.00 to $39.00 and gave the company a “neutral” rating in a report on Friday, August 2nd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company. According to MarketBeat, Janus Henderson Group presently has an average rating of “Hold” and a consensus target price of $33.33.

Janus Henderson Group Trading Up 0.2 %

Shares of JHG opened at $38.19 on Monday. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.05 and a quick ratio of 2.67. The firm has a 50 day simple moving average of $36.20 and a 200-day simple moving average of $34.03. Janus Henderson Group plc has a 1-year low of $22.17 and a 1-year high of $39.11. The stock has a market cap of $6.13 billion, a price-to-earnings ratio of 14.41, a price-to-earnings-growth ratio of 0.74 and a beta of 1.51.

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

Janus Henderson Group Dividend Announcement

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

Janus Henderson Group Company 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.