Handelsbanken Fonder AB Has $1.08 Million Position in Janus Henderson Group plc (NYSE:JHG)

Handelsbanken Fonder AB reduced its holdings in Janus Henderson Group plc (NYSE:JHG) by 1.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 35,713 shares of the company’s stock after selling 600 shares during the quarter. Handelsbanken Fonder AB’s holdings in Janus Henderson Group were worth $1,077,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Silchester International Investors LLP increased its position in shares of Janus Henderson Group by 6.5% during the fourth quarter. Silchester International Investors LLP now owns 14,888,669 shares of the company’s stock worth $448,893,000 after buying an additional 914,200 shares during the period. Brandywine Global Investment Management LLC bought a new stake in shares of Janus Henderson Group in the 3rd quarter valued at $12,460,000. Qube Research & Technologies Ltd grew its holdings in Janus Henderson Group by 113.1% in the third quarter. Qube Research & Technologies Ltd now owns 433,739 shares of the company’s stock worth $11,199,000 after purchasing an additional 230,167 shares during the period. Invesco Ltd. boosted its position in shares of Janus Henderson Group by 33.2% during the 3rd quarter. Invesco Ltd. now owns 690,723 shares of the company’s stock worth $17,834,000 after purchasing an additional 172,211 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in Janus Henderson Group by 4.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,428,414 shares of the company’s stock valued at $88,522,000 after buying an additional 155,037 shares in the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on JHG shares. Morgan Stanley boosted their price target on shares of Janus Henderson Group from $30.00 to $33.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 17th. The Goldman Sachs Group upped their target price on shares of Janus Henderson Group from $29.00 to $32.00 and gave the stock a “sell” rating in a report on Tuesday, April 2nd. StockNews.com upgraded Janus Henderson Group from a “hold” rating to a “buy” rating in a research note on Thursday, February 29th. TD Cowen assumed coverage on Janus Henderson Group in a research note on Thursday, January 4th. They issued a “market perform” rating and a $30.00 price objective for the company. Finally, JPMorgan Chase & Co. lifted their target price on Janus Henderson Group from $31.00 to $35.00 and gave the company a “neutral” rating in a research report on Tuesday, April 23rd. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, Janus Henderson Group currently has an average rating of “Hold” and an average price target of $28.83.

Janus Henderson Group Stock Performance

Shares of JHG opened at $31.69 on Monday. The stock has a 50 day moving average of $31.73 and a 200 day moving average of $28.94. The company has a market capitalization of $5.11 billion, a price-to-earnings ratio of 13.37, a PEG ratio of 1.50 and a beta of 1.52. Janus Henderson Group plc has a 12 month low of $22.17 and a 12 month high of $33.25. The company has a current ratio of 3.89, a quick ratio of 2.76 and a debt-to-equity ratio of 0.07.

Janus Henderson Group (NYSE:JHG) last announced its earnings results on Thursday, February 1st. The company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.26. The firm had revenue of $568.50 million during the quarter, compared to analyst estimates of $520.26 million. Janus Henderson Group had a return on equity of 9.46% and a net margin of 18.39%. The business’s revenue was up 10.3% compared to the same quarter last year. During the same period last year, the firm posted $0.61 EPS. As a group, sell-side analysts forecast that Janus Henderson Group plc will post 2.85 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Monday, February 12th were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 4.92%. The ex-dividend date was Friday, February 9th. Janus Henderson Group’s payout ratio is 65.82%.

Insider Activity

In related news, CAO Brennan A. Hughes sold 1,812 shares of Janus Henderson Group stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $32.27, for a total value of $58,473.24. Following the sale, the chief accounting officer now owns 3,535 shares of the company’s stock, valued at approximately $114,074.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Janus Henderson Group news, CAO Brennan A. Hughes sold 1,812 shares of the firm’s stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $32.27, for a total value of $58,473.24. Following the completion of the sale, the chief accounting officer now directly owns 3,535 shares of the company’s stock, valued at $114,074.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Roger Mj Thompson sold 30,656 shares of the company’s stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $30.93, for a total value of $948,190.08. Following the transaction, the chief financial officer now directly owns 126,439 shares in the company, valued at approximately $3,910,758.27. The disclosure for this sale can be found here. Insiders sold 70,133 shares of company stock valued at $2,172,459 in the last three months. Company insiders own 20.00% of the company’s stock.

Janus Henderson Group Company Profile

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.