Janus Henderson Group plc $JHG Shares Sold by Legal & General Group Plc

Legal & General Group Plc cut its position in shares of Janus Henderson Group plc (NYSE:JHG) by 25.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 214,442 shares of the company’s stock after selling 72,651 shares during the period. Legal & General Group Plc’s holdings in Janus Henderson Group were worth $10,201,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. V Square Quantitative Management LLC acquired a new position in Janus Henderson Group during the fourth quarter worth $25,000. Bessemer Group Inc. raised its holdings in Janus Henderson Group by 134.6% during the third quarter. Bessemer Group Inc. now owns 596 shares of the company’s stock worth $26,000 after purchasing an additional 342 shares during the last quarter. Addison Advisors LLC raised its holdings in Janus Henderson Group by 42.3% during the third quarter. Addison Advisors LLC now owns 818 shares of the company’s stock worth $36,000 after purchasing an additional 243 shares during the last quarter. Larson Financial Group LLC raised its holdings in Janus Henderson Group by 108.0% during the fourth quarter. Larson Financial Group LLC now owns 782 shares of the company’s stock worth $37,000 after purchasing an additional 406 shares during the last quarter. Finally, Hantz Financial Services Inc. raised its holdings in Janus Henderson Group by 114.7% during the fourth quarter. Hantz Financial Services Inc. now owns 831 shares of the company’s stock worth $40,000 after purchasing an additional 444 shares during the last quarter. 87.94% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Janus Henderson Group in a report on Friday, March 27th. Zacks Research cut Janus Henderson Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $48.29.

Insider Buying and Selling at Janus Henderson Group

In other news, insider Megan Podzorov sold 1,650 shares of Janus Henderson Group stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $51.24, for a total value of $84,546.00. Following the transaction, the insider directly owned 12,204 shares of the company’s stock, valued at $625,332.96. The trade was a 11.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 21.00% of the stock is owned by corporate insiders.

Janus Henderson Group Stock Performance

Janus Henderson Group stock opened at $51.78 on Friday. The firm has a market capitalization of $7.98 billion, a P/E ratio of 10.19, a PEG ratio of 5.76 and a beta of 1.35. The stock has a fifty day moving average price of $51.61 and a 200 day moving average price of $49.09. Janus Henderson Group plc has a 52 week low of $35.76 and a 52 week high of $53.76. The company has a current ratio of 3.89, a quick ratio of 2.51 and a debt-to-equity ratio of 0.07.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results on Friday, May 8th. The company reported $0.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.08). Janus Henderson Group had a net margin of 24.33% and a return on equity of 14.59%. The firm had revenue of $541.60 million for the quarter, compared to analysts’ expectations of $560.37 million. During the same period last year, the firm posted $0.79 EPS. Janus Henderson Group’s revenue was up 11.0% on a year-over-year basis. Equities research analysts anticipate that Janus Henderson Group plc will post 4.39 earnings per share for the current year.

Janus Henderson Group Company 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.