Janus Henderson Group plc (NYSE:JHG) Shares Sold by Amalgamated Bank

Amalgamated Bank decreased its holdings in shares of Janus Henderson Group plc (NYSE:JHGGet Rating) by 4.2% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 117,098 shares of the company’s stock after selling 5,108 shares during the quarter. Amalgamated Bank owned about 0.07% of Janus Henderson Group worth $4,101,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Signaturefd LLC boosted its holdings in shares of Janus Henderson Group by 112.3% during the first quarter. Signaturefd LLC now owns 845 shares of the company’s stock worth $30,000 after purchasing an additional 447 shares during the last quarter. JJJ Advisors Inc. acquired a new position in Janus Henderson Group in the first quarter valued at $75,000. Parallel Advisors LLC boosted its holdings 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 acquiring an additional 1,242 shares during the last quarter. Bailard Inc. boosted its holdings in Janus Henderson Group by 9.0% in the first quarter. Bailard Inc. now owns 6,057 shares of the company’s stock valued at $212,000 after acquiring an additional 500 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings in Janus Henderson Group by 10.6% in the first quarter. PNC Financial Services Group Inc. now owns 6,107 shares of the company’s stock valued at $215,000 after acquiring an additional 585 shares during the last quarter. Institutional investors and hedge funds own 84.13% of the company’s stock.

Insider Transactions at Janus Henderson Group

In other news, insider Georgina Fogo sold 10,701 shares of Janus Henderson Group stock in a transaction dated Friday, July 1st. The stock was sold at an average price of $23.29, for a total transaction of $249,226.29. Following the sale, the insider now directly owns 101,862 shares of the company’s stock, valued at $2,372,365.98. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 18.10% of the company’s stock.

Analyst Upgrades and Downgrades

JHG has been the topic of a number of research analyst reports. Keefe, Bruyette & Woods cut Janus Henderson Group from a “market perform” rating to an “underperform” rating and reduced their target price for the company from $28.00 to $22.00 in a report on Tuesday, June 28th. The Goldman Sachs Group reduced their target price on Janus Henderson Group from $27.00 to $21.00 and set a “sell” rating on the stock in a report on Wednesday, June 29th. Citigroup cut Janus Henderson Group from a “neutral” rating to a “sell” rating and reduced their target price for the company from $23.20 to $22.10 in a report on Friday, July 29th. Deutsche Bank Aktiengesellschaft lifted their target price on Janus Henderson Group from $23.00 to $26.00 and gave the company a “hold” rating in a report on Friday, August 12th. Finally, JPMorgan Chase & Co. cut Janus Henderson Group from a “neutral” rating to an “underweight” rating and reduced their target price for the company from $27.00 to $18.00 in a report on Monday, July 18th. Four investment analysts have rated the stock with a sell rating and four have given a hold rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $21.82.

Janus Henderson Group Trading Down 1.4 %

NYSE:JHG opened at $22.83 on Thursday. The business’s 50-day moving average is $24.64 and its two-hundred day moving average is $27.76. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.85 and a quick ratio of 2.56. Janus Henderson Group plc has a 12 month low of $22.22 and a 12 month high of $48.55. The firm has a market capitalization of $3.78 billion, a PE ratio of 7.93 and a beta of 1.47.

Janus Henderson Group (NYSE:JHGGet Rating) last released its quarterly earnings data on Thursday, July 28th. The company reported $0.63 EPS for the quarter, missing the consensus estimate of $0.65 by ($0.02). Janus Henderson Group had a net margin of 19.39% and a return on equity of 13.13%. The company had revenue of $555.50 million during the quarter, compared to analysts’ expectations of $550.18 million. During the same period last year, the business earned $1.16 earnings per share. The company’s revenue for the quarter was down 24.8% compared to the same quarter last year. Research analysts predict that Janus Henderson Group plc will post 2.45 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 24th. Stockholders of record on Monday, August 8th were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 6.83%. The ex-dividend date of this dividend was Friday, August 5th. Janus Henderson Group’s payout ratio is 52.88%.

Janus Henderson Group Profile

(Get Rating)

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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