SG Americas Securities LLC Has $1.26 Million Position in Janus Henderson Group plc $JHG

SG Americas Securities LLC decreased its position in shares of Janus Henderson Group plc (NYSE:JHG) by 89.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,323 shares of the company’s stock after selling 243,876 shares during the period. SG Americas Securities LLC’s holdings in Janus Henderson Group were worth $1,261,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. Traub Capital Management LLC acquired a new position in Janus Henderson Group during the second quarter valued at approximately $37,000. True Wealth Design LLC increased its stake in shares of Janus Henderson Group by 1,019.4% in the 3rd quarter. True Wealth Design LLC now owns 1,556 shares of the company’s stock valued at $69,000 after purchasing an additional 1,417 shares during the last quarter. Fifth Third Bancorp raised its holdings in shares of Janus Henderson Group by 40.2% during the 2nd quarter. Fifth Third Bancorp now owns 2,167 shares of the company’s stock worth $84,000 after buying an additional 621 shares in the last quarter. UMB Bank n.a. raised its holdings in shares of Janus Henderson Group by 86.3% during the 2nd quarter. UMB Bank n.a. now owns 2,183 shares of the company’s stock worth $85,000 after buying an additional 1,011 shares in the last quarter. Finally, Allworth Financial LP lifted its position in shares of Janus Henderson Group by 52.8% during the 2nd quarter. Allworth Financial LP now owns 2,234 shares of the company’s stock worth $87,000 after buying an additional 772 shares during the last quarter. 87.94% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

JHG has been the topic of a number of recent analyst reports. Cowen cut Janus Henderson Group from a “buy” rating to a “hold” rating in a research report on Monday, December 22nd. Wall Street Zen raised shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Saturday, December 20th. BMO Capital Markets initiated coverage on shares of Janus Henderson Group in a research report on Friday, October 3rd. They set an “outperform” rating and a $52.00 price objective for the company. Bank of America restated a “neutral” rating and issued a $49.00 target price (down previously from $54.00) on shares of Janus Henderson Group in a research report on Monday, January 5th. Finally, Morgan Stanley boosted their target price on shares of Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a research note on Wednesday, December 17th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, Janus Henderson Group has a consensus rating of “Hold” and a consensus target price of $47.67.

Janus Henderson Group Stock Down 0.1%

NYSE:JHG opened at $47.85 on Friday. Janus Henderson Group plc has a one year low of $28.26 and a one year high of $49.42. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.02 and a quick ratio of 2.15. The company has a market cap of $7.39 billion, a PE ratio of 14.03, a P/E/G ratio of 0.75 and a beta of 1.54. The firm’s 50 day simple moving average is $45.53 and its 200 day simple moving average is $44.06.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings results on Thursday, October 30th. The company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.08. The firm had revenue of $700.40 million during the quarter, compared to analysts’ expectations of $695.57 million. Janus Henderson Group had a net margin of 19.82% and a return on equity of 12.35%. The company’s revenue was up 12.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.91 EPS. On average, research analysts anticipate that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Investors of record on Monday, November 10th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Monday, November 10th. Janus Henderson Group’s dividend payout ratio (DPR) is currently 46.92%.

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.