SG Americas Securities LLC Has $2.08 Million Holdings in Janus Henderson Group plc (NYSE:JHG)

SG Americas Securities LLC cut its holdings in Janus Henderson Group plc (NYSE:JHGGet Rating) by 20.0% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 59,481 shares of the company’s stock after selling 14,894 shares during the quarter. SG Americas Securities LLC’s holdings in Janus Henderson Group were worth $2,083,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of JHG. Sageworth Trust Co of South Dakota acquired a new stake in Janus Henderson Group in the fourth quarter valued at about $30,000. Dixon Hughes Goodman Wealth Advisors LLC bought a new position in Janus Henderson Group in the fourth quarter valued at about $91,000. Parallel Advisors LLC raised its position in Janus Henderson Group by 83.5% in the first quarter. Parallel Advisors LLC now owns 2,730 shares of the company’s stock valued at $97,000 after purchasing an additional 1,242 shares during the last quarter. UMB Bank N A MO bought a new position in Janus Henderson Group in the fourth quarter valued at about $145,000. Finally, Motco bought a new position in Janus Henderson Group in the fourth quarter valued at about $150,000. 78.39% of the stock is owned by institutional investors and hedge funds.

Janus Henderson Group Trading Down 0.2 %

NYSE JHG opened at $24.67 on Monday. The business has a 50 day simple moving average of $25.32 and a 200 day simple moving average of $31.14. Janus Henderson Group plc has a one year low of $22.22 and a one year high of $48.55. The stock has a market capitalization of $4.14 billion, a P/E ratio of 7.76 and a beta of 1.48. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.18 and a quick ratio of 2.22.

Janus Henderson Group (NYSE:JHGGet Rating) last released its earnings results on Wednesday, May 4th. The company reported $0.75 EPS for the quarter, missing the consensus estimate of $0.86 by ($0.11). Janus Henderson Group had a return on equity of 14.95% and a net margin of 19.68%. The business had revenue of $620.00 million for the quarter, compared to analyst estimates of $652.90 million. During the same period in the prior year, the business earned $0.91 EPS. The company’s revenue for the quarter was down 3.7% on a year-over-year basis. Research analysts expect that Janus Henderson Group plc will post 2.48 earnings per share for the current year.

Janus Henderson Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 31st. Shareholders of record on Monday, May 16th were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 6.32%. The ex-dividend date of this dividend was Friday, May 13th. This is a boost from Janus Henderson Group’s previous quarterly dividend of $0.38. Janus Henderson Group’s dividend payout ratio (DPR) is 49.06%.

Insider Buying and Selling at Janus Henderson Group

In other Janus Henderson Group news, insider Georgina Fogo sold 10,701 shares of the firm’s stock in a transaction that occurred on Friday, July 1st. The stock was sold at an average price of $23.29, for a total value of $249,226.29. Following the completion of the sale, the insider now owns 101,862 shares of the company’s stock, valued at $2,372,365.98. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 18.10% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on JHG. The Goldman Sachs Group dropped their target price on Janus Henderson Group from $27.00 to $21.00 and set a “sell” rating for the company in a research report on Wednesday, June 29th. Deutsche Bank Aktiengesellschaft lowered their price objective on Janus Henderson Group from $24.00 to $23.00 in a research report on Wednesday, July 13th. Keefe, Bruyette & Woods downgraded Janus Henderson Group from a “market perform” rating to an “underperform” rating and lowered their price objective for the stock from $28.00 to $22.00 in a research report on Tuesday, June 28th. JPMorgan Chase & Co. downgraded Janus Henderson Group from a “neutral” rating to an “underweight” rating and lowered their price objective for the stock from $27.00 to $18.00 in a research report on Monday, July 18th. Finally, StockNews.com initiated coverage on Janus Henderson Group in a research report on Thursday, March 31st. They set a “hold” rating for the company. Three analysts have rated the stock with a sell rating and four have given a hold rating to the company. Based on data from MarketBeat, Janus Henderson Group has an average rating of “Hold” and a consensus price target of $28.30.

Janus Henderson Group Company Profile

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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.

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Institutional Ownership by Quarter for Janus Henderson Group (NYSE:JHG)

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