Insider Selling: Janus Henderson Group plc (NYSE:JHG) Director Sells 3,318 Shares of Stock

Janus Henderson Group plc (NYSE:JHG) Director Kevin B. Dolan sold 3,318 shares of the company’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $30.99, for a total transaction of $102,824.82. Following the completion of the sale, the director now owns 16,853 shares in the company, valued at approximately $522,274.47. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Janus Henderson Group Stock Down 0.3 %

Shares of Janus Henderson Group stock opened at $32.92 on Thursday. The company has a quick ratio of 2.64, a current ratio of 3.92 and a debt-to-equity ratio of 0.07. Janus Henderson Group plc has a twelve month low of $22.17 and a twelve month high of $33.47. The company has a market cap of $5.28 billion, a price-to-earnings ratio of 12.42, a price-to-earnings-growth ratio of 1.54 and a beta of 1.53. The company’s 50 day moving average is $31.91 and its 200 day moving average is $29.38.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Thursday, May 2nd. The company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.08. Janus Henderson Group had a return on equity of 10.02% and a net margin of 19.89%. The firm had revenue of $551.70 million for the quarter, compared to analysts’ expectations of $547.20 million. During the same period in the prior year, the firm earned $0.55 EPS. The company’s revenue was up 11.3% compared to the same quarter last year. Research analysts anticipate that Janus Henderson Group plc will post 2.85 EPS for the current year.

Janus Henderson Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 29th. Stockholders of record on Monday, May 13th will be given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 4.74%. The ex-dividend date is Friday, May 10th. Janus Henderson Group’s payout ratio is currently 58.87%.

Hedge Funds Weigh In On Janus Henderson Group

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Russell Investments Group Ltd. increased its holdings in Janus Henderson Group by 77.7% during the first quarter. Russell Investments Group Ltd. now owns 251,853 shares of the company’s stock valued at $8,283,000 after buying an additional 110,136 shares during the last quarter. QRG Capital Management Inc. increased its holdings in Janus Henderson Group by 21.9% in the 1st quarter. QRG Capital Management Inc. now owns 26,568 shares of the company’s stock worth $874,000 after acquiring an additional 4,779 shares in the last quarter. Inspire Advisors LLC boosted its holdings in Janus Henderson Group by 13.8% in the 1st quarter. Inspire Advisors LLC now owns 39,493 shares of the company’s stock worth $1,299,000 after buying an additional 4,801 shares during the period. Meeder Advisory Services Inc. bought a new position in Janus Henderson Group in the 1st quarter worth $244,000. Finally, Duality Advisers LP bought a new position in shares of Janus Henderson Group during the 1st quarter valued at about $2,741,000. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on JHG shares. StockNews.com cut shares of Janus Henderson Group from a “buy” rating to a “hold” rating in a report on Friday, May 3rd. UBS Group upped their price objective on shares of Janus Henderson Group from $28.00 to $30.00 and gave the stock a “sell” rating in a report on Friday, April 12th. JPMorgan Chase & Co. upped their price objective on shares of Janus Henderson Group from $35.00 to $36.00 and gave the stock a “neutral” rating in a report on Friday, May 3rd. Morgan Stanley upped their price objective on shares of Janus Henderson Group from $30.00 to $33.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 17th. Finally, The Goldman Sachs Group upped their price objective 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. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $29.59.

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.