Zurcher Kantonalbank Zurich Cantonalbank Cuts Stock Position in Janus Henderson Group plc (NYSE:JHG)

Zurcher Kantonalbank Zurich Cantonalbank decreased its holdings in Janus Henderson Group plc (NYSE:JHG) by 16.2% in the 4th quarter, HoldingsChannel reports. The firm owned 28,286 shares of the company’s stock after selling 5,459 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Janus Henderson Group were worth $853,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. DGS Capital Management LLC purchased a new position in Janus Henderson Group in the 4th quarter valued at approximately $334,000. Mackenzie Financial Corp acquired a new stake in shares of Janus Henderson Group in the fourth quarter valued at $218,000. Silchester International Investors LLP boosted its holdings in Janus Henderson Group by 6.5% in the fourth quarter. Silchester International Investors LLP now owns 14,888,669 shares of the company’s stock valued at $448,893,000 after purchasing an additional 914,200 shares during the period. Lecap Asset Management Ltd. acquired a new position in Janus Henderson Group during the 4th quarter worth $381,000. Finally, Louisiana State Employees Retirement System purchased a new stake in Janus Henderson Group during the 4th quarter worth about $1,122,000. Institutional investors and hedge funds own 87.94% of the company’s stock.

Insider Activity

In related news, insider Georgina Fogo sold 22,076 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total transaction of $682,810.68. Following the transaction, the insider now owns 101,623 shares of the company’s stock, valued at $3,143,199.39. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In related news, CAO Brennan A. Hughes sold 1,812 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The shares were 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 owns 3,535 shares in the company, valued at $114,074.45. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Georgina Fogo sold 22,076 shares of the business’s stock in a transaction that occurred on Wednesday, February 28th. The stock was sold at an average price of $30.93, for a total value of $682,810.68. Following the transaction, the insider now owns 101,623 shares in the company, valued at approximately $3,143,199.39. The disclosure for this sale can be found here. Over the last three months, insiders sold 70,133 shares of company stock valued at $2,172,459. Insiders own 19.60% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on JHG shares. The Goldman Sachs Group lifted their price objective on Janus Henderson Group from $29.00 to $32.00 and gave the company a “sell” rating in a research note on Tuesday, April 2nd. Morgan Stanley increased their price objective on shares of Janus Henderson Group from $30.00 to $33.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 17th. TD Cowen started coverage on shares of Janus Henderson Group in a research report on Thursday, January 4th. They set a “market perform” rating and a $30.00 price objective for the company. StockNews.com upgraded Janus Henderson Group from a “hold” rating to a “buy” rating in a research note on Thursday, February 29th. Finally, UBS Group upped their price objective on Janus Henderson Group from $28.00 to $30.00 and gave the stock a “sell” rating in a research report on Friday, April 12th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, Janus Henderson Group has an average rating of “Hold” and a consensus price target of $28.83.

Janus Henderson Group Stock Up 1.3 %

Shares of NYSE JHG opened at $31.69 on Monday. The business has a 50-day moving average price of $31.73 and a 200 day moving average price of $28.94. The stock has a market cap of $5.11 billion, a PE ratio of 13.37, a price-to-earnings-growth ratio of 1.50 and a beta of 1.53. The company has a quick ratio of 2.76, a current ratio of 3.89 and a debt-to-equity ratio of 0.07. Janus Henderson Group plc has a 52-week low of $22.17 and a 52-week high of $33.25.

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

Janus Henderson Group Announces Dividend

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

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.