Intech Investment Management LLC Sells 12,230 Shares of Janus Henderson Group plc $JHG

Intech Investment Management LLC decreased its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 33.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,921 shares of the company’s stock after selling 12,230 shares during the period. Intech Investment Management LLC’s holdings in Janus Henderson Group were worth $1,138,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Cibc World Market Inc. raised its position in Janus Henderson Group by 2.9% during the 3rd quarter. Cibc World Market Inc. now owns 8,429 shares of the company’s stock valued at $375,000 after purchasing an additional 234 shares during the last quarter. Addison Advisors LLC raised its position in Janus Henderson Group by 42.3% during the 3rd quarter. Addison Advisors LLC now owns 818 shares of the company’s stock valued at $36,000 after purchasing an additional 243 shares during the last quarter. Inscription Capital LLC raised its position in Janus Henderson Group by 2.0% during the 4th quarter. Inscription Capital LLC now owns 13,938 shares of the company’s stock valued at $663,000 after purchasing an additional 279 shares during the last quarter. Integrated Advisors Network LLC raised its position in Janus Henderson Group by 4.7% during the 3rd quarter. Integrated Advisors Network LLC now owns 6,918 shares of the company’s stock valued at $308,000 after purchasing an additional 308 shares during the last quarter. Finally, Bessemer Group Inc. raised its position in Janus Henderson Group by 134.6% during the 3rd quarter. Bessemer Group Inc. now owns 596 shares of the company’s stock valued at $26,000 after purchasing an additional 342 shares during the last quarter. Institutional investors own 87.94% of the company’s stock.

Insider Buying and Selling at Janus Henderson Group

In other Janus Henderson Group news, insider Megan Podzorov sold 1,650 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $51.24, for a total transaction of $84,546.00. Following the transaction, the insider owned 12,204 shares in the company, valued at approximately $625,332.96. This represents a 11.91% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 21.00% of the company’s stock.

Janus Henderson Group Stock Down 0.0%

JHG stock opened at $51.77 on Friday. Janus Henderson Group plc has a fifty-two week low of $35.76 and a fifty-two week high of $53.76. The business’s 50 day moving average price is $51.62 and its two-hundred day moving average price is $49.11. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.51 and a current ratio of 3.89. The company has a market capitalization of $7.98 billion, a price-to-earnings ratio of 10.19, a price-to-earnings-growth ratio of 5.76 and a beta of 1.35.

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

Analyst Ratings Changes

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

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.