Natixis Advisors LLC Sells 1,321 Shares of Janus Henderson Group plc (NYSE:JHG)

Natixis Advisors LLC lowered its position in shares of Janus Henderson Group plc (NYSE:JHG) by 8.6% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,127 shares of the company’s stock after selling 1,321 shares during the period. Natixis Advisors LLC’s holdings in Janus Henderson Group were worth $511,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Janus Henderson Group by 12.4% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 103,653 shares of the company’s stock valued at $3,729,000 after purchasing an additional 11,435 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of Janus Henderson Group by 4,188.8% during the 1st quarter. GAMMA Investing LLC now owns 144,962 shares of the company’s stock valued at $5,240,000 after purchasing an additional 141,582 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Janus Henderson Group by 28.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 320,093 shares of the company’s stock valued at $11,571,000 after purchasing an additional 71,553 shares in the last quarter. Assenagon Asset Management S.A. boosted its stake in shares of Janus Henderson Group by 23.7% during the 1st quarter. Assenagon Asset Management S.A. now owns 63,334 shares of the company’s stock valued at $2,290,000 after purchasing an additional 12,119 shares in the last quarter. Finally, Cerity Partners LLC boosted its stake in shares of Janus Henderson Group by 7.7% during the 1st quarter. Cerity Partners LLC now owns 41,748 shares of the company’s stock valued at $1,509,000 after purchasing an additional 2,991 shares in the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Wall Street Analyst Weigh In

JHG has been the topic of a number of research reports. Wells Fargo & Company lifted their target price on shares of Janus Henderson Group from $37.00 to $44.00 and gave the company an “equal weight” rating in a research note on Friday, July 11th. Cowen reissued a “buy” rating on shares of Janus Henderson Group in a research report on Wednesday, May 14th. Morgan Stanley lifted their price target on shares of Janus Henderson Group from $33.00 to $36.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 2nd. Evercore ISI lifted their price target on shares of Janus Henderson Group from $33.00 to $35.00 and gave the company an “in-line” rating in a research report on Friday, May 2nd. Finally, JPMorgan Chase & Co. lifted their price target on shares of Janus Henderson Group from $44.00 to $47.00 and gave the company an “overweight” rating in a research report on Wednesday, July 16th. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $43.33.

Janus Henderson Group Stock Performance

Shares of JHG stock opened at $42.77 on Tuesday. The company has a 50 day moving average price of $39.90 and a 200-day moving average price of $38.37. The company has a quick ratio of 3.91, a current ratio of 4.49 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $6.67 billion, a PE ratio of 16.08, a P/E/G ratio of 1.03 and a beta of 1.46. Janus Henderson Group plc has a 52 week low of $28.26 and a 52 week high of $46.68.

Janus Henderson Group (NYSE:JHG) last announced its earnings results on Thursday, July 31st. The company reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.06. The company had revenue of $633.20 million during the quarter, compared to analyst estimates of $614.46 million. Janus Henderson Group had a net margin of 16.06% and a return on equity of 12.01%. The firm’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.85 earnings per share. As a group, equities research analysts expect that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 28th. Stockholders of record on Monday, August 11th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Monday, August 11th. Janus Henderson Group’s payout ratio is 60.15%.

Insider Activity at Janus Henderson Group

In other news, insider Georgina Fogo sold 69,000 shares of the business’s stock in a transaction on Monday, August 4th. The shares were sold at an average price of $43.07, for a total value of $2,971,830.00. Following the transaction, the insider owned 58,057 shares of the company’s stock, valued at approximately $2,500,514.99. The trade was a 54.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 20.40% of the company’s stock.

Janus Henderson Group 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.