Aviva PLC Lowers Position in Janus Henderson Group plc (NYSE:JHG)

Aviva PLC trimmed its stake in Janus Henderson Group plc (NYSE:JHG – Get Rating) by 39.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 40,667 shares of the company’s stock after selling 26,489 shares during the quarter. Aviva PLC’s holdings in Janus Henderson Group were worth $956,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Panagora Asset Management Inc. grew its stake in Janus Henderson Group by 7.4% during the first quarter. Panagora Asset Management Inc. now owns 6,695 shares of the company’s stock worth $234,000 after buying an additional 459 shares during the period. SummerHaven Investment Management LLC grew its stake in Janus Henderson Group by 1.4% during the fourth quarter. SummerHaven Investment Management LLC now owns 33,238 shares of the company’s stock worth $782,000 after buying an additional 461 shares during the period. Yousif Capital Management LLC grew its stake in Janus Henderson Group by 0.7% during the fourth quarter. Yousif Capital Management LLC now owns 71,384 shares of the company’s stock worth $1,679,000 after buying an additional 480 shares during the period. US Bancorp DE grew its stake in Janus Henderson Group by 5.7% during the first quarter. US Bancorp DE now owns 10,109 shares of the company’s stock worth $354,000 after buying an additional 542 shares during the period. Finally, Greenwood Capital Associates LLC grew its stake in Janus Henderson Group by 1.5% during the fourth quarter. Greenwood Capital Associates LLC now owns 39,405 shares of the company’s stock worth $927,000 after buying an additional 584 shares during the period. 85.01% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on JHG shares. Wells Fargo & Company boosted their price objective on shares of Janus Henderson Group from $24.00 to $26.00 and gave the stock an “underweight” rating in a research note on Friday, February 3rd. Credit Suisse Group raised shares of Janus Henderson Group from an “underperform” rating to a “neutral” rating and boosted their target price for the stock from $22.00 to $23.00 in a research report on Monday, May 8th. StockNews.com began coverage on shares of Janus Henderson Group in a research report on Thursday. They set a “hold” rating on the stock. 22nd Century Group reissued a “maintains” rating on shares of Janus Henderson Group in a research report on Thursday, May 4th. Finally, Citigroup boosted their target price on shares of Janus Henderson Group from $25.30 to $26.90 in a research report on Thursday, May 4th. Four equities research analysts have rated the stock with a sell rating and six have issued a hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $23.11.

Janus Henderson Group Stock Up 0.1 %

JHG stock opened at $26.86 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.98 and a quick ratio of 2.50. Janus Henderson Group plc has a 1-year low of $19.09 and a 1-year high of $31.30. The firm has a fifty day moving average price of $26.05 and a two-hundred day moving average price of $25.90. The firm has a market cap of $4.45 billion, a price-to-earnings ratio of 12.61, a PEG ratio of 3.95 and a beta of 1.44.

Janus Henderson Group (NYSE:JHG – Get Rating) last released its earnings results on Wednesday, May 3rd. The company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.08. Janus Henderson Group had a net margin of 16.86% and a return on equity of 9.07%. The firm had revenue of $495.80 million during the quarter, compared to analyst estimates of $488.38 million. During the same quarter in the previous year, the firm earned $0.75 earnings per share. The firm’s revenue for the quarter was down 20.0% compared to the same quarter last year. Research analysts predict that Janus Henderson Group plc will post 2.26 EPS for the current year.

Janus Henderson Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 31st. Shareholders of record on Monday, May 15th will be paid a dividend of $0.39 per share. The ex-dividend date is Friday, May 12th. This represents a $1.56 annualized dividend and a yield of 5.81%. Janus Henderson Group’s payout ratio is 73.24%.

Insider Buying and Selling at Janus Henderson Group

In other news, CAO Brennan A. Hughes sold 1,874 shares of the company’s stock in a transaction dated Monday, May 8th. The shares were sold at an average price of $26.69, for a total transaction of $50,017.06. Following the completion of the transaction, the chief accounting officer now owns 4,570 shares in the company, valued at $121,973.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 19.60% of the stock is owned by insiders.

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.