MQS Management LLC Sells 1,574 Shares of Janus Henderson Group plc $JHG

MQS Management LLC trimmed its position in shares of Janus Henderson Group plc (NYSE:JHG) by 11.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,702 shares of the company’s stock after selling 1,574 shares during the quarter. MQS Management LLC’s holdings in Janus Henderson Group were worth $455,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Focus Partners Advisor Solutions LLC bought a new stake in Janus Henderson Group during the second quarter worth about $385,000. State of New Jersey Common Pension Fund D grew its stake in Janus Henderson Group by 12.5% during the second quarter. State of New Jersey Common Pension Fund D now owns 51,545 shares of the company’s stock worth $2,002,000 after buying an additional 5,747 shares during the last quarter. D.A. Davidson & CO. grew its stake in Janus Henderson Group by 95.9% during the second quarter. D.A. Davidson & CO. now owns 32,104 shares of the company’s stock worth $1,247,000 after buying an additional 15,716 shares during the last quarter. Chicago Partners Investment Group LLC bought a new stake in Janus Henderson Group during the second quarter worth about $392,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Janus Henderson Group during the second quarter worth about $924,000. 87.94% of the stock is owned by institutional investors.

Janus Henderson Group Trading Up 1.2%

Shares of NYSE JHG opened at $41.61 on Friday. The company’s 50 day simple moving average is $43.96 and its 200 day simple moving average is $39.97. Janus Henderson Group plc has a fifty-two week low of $28.26 and a fifty-two week high of $46.68. The firm has a market capitalization of $6.49 billion, a P/E ratio of 15.64, a P/E/G ratio of 0.90 and a beta of 1.54. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.49 and a quick ratio of 3.91.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.06. Janus Henderson Group had a net margin of 16.06% and a return on equity of 12.01%. The business had revenue of $633.20 million for the quarter, compared to analyst estimates of $614.46 million. During the same period in the prior year, the business posted $0.85 earnings per share. Janus Henderson Group’s revenue was up 7.6% compared to the same quarter last year. On average, analysts predict that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Monday, August 11th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 3.8%. The ex-dividend date was Monday, August 11th. Janus Henderson Group’s dividend payout ratio is currently 60.15%.

Analysts Set New Price Targets

JHG has been the topic of a number of research reports. Morgan Stanley reiterated a “positive” rating on shares of Janus Henderson Group in a research report on Monday, October 6th. BMO Capital Markets initiated coverage on shares of Janus Henderson Group in a research note on Friday, October 3rd. They set an “outperform” rating and a $52.00 price target on the stock. Zacks Research raised shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 13th. Bank of America increased their price target on shares of Janus Henderson Group from $49.00 to $50.00 and gave the company a “buy” rating in a research note on Thursday, October 2nd. Finally, Wells Fargo & Company increased their price target on shares of Janus Henderson Group from $37.00 to $44.00 and gave the company an “equal weight” rating in a research note on Friday, July 11th. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $47.00.

Insider Activity at Janus Henderson Group

In related news, insider Georgina Fogo sold 69,000 shares of the stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $43.07, for a total value of $2,971,830.00. Following the transaction, the insider directly owned 58,057 shares in the company, valued at $2,500,514.99. This represents a 54.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Roger Mj Thompson sold 27,491 shares of the stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $45.26, for a total transaction of $1,244,242.66. Following the completion of the sale, the chief financial officer owned 113,097 shares in the company, valued at approximately $5,118,770.22. This trade represents a 19.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 19.60% of the company’s stock.

About Janus Henderson Group

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.