GAMMA Investing LLC Has $135,000 Stock Position in Janus Henderson Group plc $JHG

GAMMA Investing LLC lowered its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 13.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,488 shares of the company’s stock after selling 522 shares during the period. GAMMA Investing LLC’s holdings in Janus Henderson Group were worth $135,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. grew its stake in Janus Henderson Group by 12.4% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 103,653 shares of the company’s stock worth $3,729,000 after purchasing an additional 11,435 shares during the period. Envestnet Asset Management Inc. grew its stake in Janus Henderson Group by 28.8% during the first quarter. Envestnet Asset Management Inc. now owns 320,093 shares of the company’s stock worth $11,571,000 after purchasing an additional 71,553 shares during the period. Sierra Summit Advisors LLC acquired a new stake in Janus Henderson Group during the first quarter worth approximately $587,000. Jump Financial LLC acquired a new stake in Janus Henderson Group during the first quarter worth approximately $6,099,000. Finally, Jupiter Asset Management Ltd. grew its stake in Janus Henderson Group by 48.5% during the first quarter. Jupiter Asset Management Ltd. now owns 995,445 shares of the company’s stock worth $35,985,000 after purchasing an additional 325,240 shares during the period. Institutional investors and hedge funds own 87.94% of the company’s stock.

Janus Henderson Group Stock Down 0.7%

JHG stock opened at $44.53 on Wednesday. Janus Henderson Group plc has a twelve month low of $28.26 and a twelve month high of $46.68. 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 stock’s 50 day moving average is $43.90 and its 200-day moving average is $38.96. The firm has a market capitalization of $6.95 billion, a PE ratio of 16.74, a P/E/G ratio of 1.08 and a beta of 1.51.

Janus Henderson Group (NYSE:JHG) last posted its earnings results on Thursday, July 31st. The company reported $0.90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.06. Janus Henderson Group had a return on equity of 12.01% and a net margin of 16.06%.The company had revenue of $633.20 million for the quarter, compared to analyst estimates of $614.46 million. During the same quarter last year, the company earned $0.85 earnings per share. The company’s revenue for the quarter was up 7.6% on a year-over-year basis. Sell-side analysts expect that Janus Henderson Group plc will post 3.75 EPS for the current fiscal year.

Janus Henderson Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Monday, August 11th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Monday, August 11th. Janus Henderson Group’s dividend payout ratio (DPR) is currently 60.15%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. JPMorgan Chase & Co. raised their target price on Janus Henderson Group from $44.00 to $47.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 16th. Wall Street Zen cut Janus Henderson Group from a “buy” rating to a “hold” rating in a research note on Saturday, August 30th. Wells Fargo & Company raised their target price on Janus Henderson Group from $37.00 to $44.00 and gave the stock an “equal weight” rating in a research note on Friday, July 11th. Evercore ISI increased their price target on Janus Henderson Group from $45.00 to $48.00 and gave the stock an “in-line” rating in a report on Friday, September 5th. Finally, Morgan Stanley increased their price target on Janus Henderson Group from $33.00 to $36.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 2nd. Five investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $44.78.

Insider Buying and Selling

In other news, insider Georgina Fogo sold 69,000 shares of the firm’s stock in a transaction that occurred on Monday, August 4th. The stock was 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 in the company, valued at $2,500,514.99. This trade represents a 54.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Roger Mj Thompson sold 27,491 shares of the firm’s stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $45.26, for a total value of $1,244,242.66. Following the completion of the transaction, the chief financial officer owned 113,097 shares in the company, valued at $5,118,770.22. This represents a 19.55% decrease in their position. The disclosure for this sale can be found here. 20.40% of the stock is owned by company insiders.

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.