Macquarie Group Ltd. Sells 25,252 Shares of Janus Henderson Group plc (NYSE:JHG)

Macquarie Group Ltd. trimmed its position in Janus Henderson Group plc (NYSE:JHG – Get Rating) by 25.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 72,117 shares of the company’s stock after selling 25,252 shares during the quarter. Macquarie Group Ltd.’s holdings in Janus Henderson Group were worth $1,490,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JHG. Bessemer Group Inc. purchased a new stake in Janus Henderson Group in the 3rd quarter worth approximately $27,000. Ellevest Inc. grew its holdings in Janus Henderson Group by 1,655.7% during the 3rd quarter. Ellevest Inc. now owns 1,545 shares of the company’s stock valued at $31,000 after buying an additional 1,457 shares in the last quarter. Allworth Financial LP grew its holdings in Janus Henderson Group by 815.0% during the 3rd quarter. Allworth Financial LP now owns 1,583 shares of the company’s stock valued at $32,000 after buying an additional 1,410 shares in the last quarter. Quadrant Capital Group LLC grew its holdings in Janus Henderson Group by 151.2% during the 2nd quarter. Quadrant Capital Group LLC now owns 1,580 shares of the company’s stock valued at $37,000 after buying an additional 951 shares in the last quarter. Finally, Ronald Blue Trust Inc. grew its holdings in Janus Henderson Group by 214.9% during the 3rd quarter. Ronald Blue Trust Inc. now owns 1,798 shares of the company’s stock valued at $43,000 after buying an additional 1,227 shares in the last quarter. 85.01% of the stock is owned by hedge funds and other institutional investors.

Janus Henderson Group Price Performance

Shares of JHG stock opened at $25.48 on Friday. Janus Henderson Group plc has a fifty-two week low of $19.09 and a fifty-two week high of $36.27. The firm has a market capitalization of $4.22 billion, a price-to-earnings ratio of 12.31, a PEG ratio of 12.50 and a beta of 1.45. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.65 and a current ratio of 3.63. The stock’s 50-day simple moving average is $26.92 and its 200-day simple moving average is $24.64.

Janus Henderson Group (NYSE:JHG – Get Rating) last issued its quarterly earnings results on Thursday, February 2nd. The company reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.18. Janus Henderson Group had a return on equity of 9.79% and a net margin of 15.52%. The business had revenue of $515.20 million for the quarter, compared to analyst estimates of $470.84 million. During the same quarter in the previous year, the firm earned $1.05 earnings per share. The company’s revenue was down 26.1% on a year-over-year basis. As a group, equities analysts forecast that Janus Henderson Group plc will post 2.07 earnings per share for the current fiscal year.

Janus Henderson Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 28th. Investors of record on Monday, February 13th were issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 6.12%. The ex-dividend date of this dividend was Friday, February 10th. Janus Henderson Group’s dividend payout ratio (DPR) is 75.36%.

Wall Street Analyst Weigh In

JHG has been the subject of a number of research analyst reports. Credit Suisse Group increased their price objective on shares of Janus Henderson Group from $20.00 to $20.50 and gave the company an “underperform” rating in a report on Friday, February 3rd. Wells Fargo & Company raised their target price on shares of Janus Henderson Group from $24.00 to $26.00 and gave the company an “underweight” rating in a report on Friday, February 3rd. TheStreet raised shares of Janus Henderson Group from a “c+” rating to a “b-” rating in a report on Wednesday, December 14th. The Goldman Sachs Group raised their target price on shares of Janus Henderson Group from $17.00 to $20.00 and gave the company a “sell” rating in a report on Wednesday, November 23rd. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Janus Henderson Group from $21.00 to $25.00 and gave the company a “hold” rating in a report on Tuesday, November 15th. Six equities research analysts have rated the stock with a sell rating and three have issued a hold rating to the company. According to MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $21.43.

Janus Henderson Group Company Profile

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Janus Henderson Group Plc is a holding company, which engages in the provision of asset management services. It offers investment solutions including equities, quantitative equities, fixed income, multi-asset and alternative asset class strategies. The company was founded on Jan 23, 1998, is headquartered in London, the United Kingdom.