Truist Financial Corp Buys Shares of 5,791 Janus Henderson Group plc $JHG

Truist Financial Corp bought a new stake in Janus Henderson Group plc (NYSE:JHG) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 5,791 shares of the company’s stock, valued at approximately $225,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Greenleaf Trust boosted its holdings in Janus Henderson Group by 21.3% in the 2nd quarter. Greenleaf Trust now owns 9,186 shares of the company’s stock valued at $357,000 after purchasing an additional 1,611 shares during the last quarter. Janney Montgomery Scott LLC acquired a new position in shares of Janus Henderson Group in the 2nd quarter worth approximately $203,000. Paragon Capital Management Ltd acquired a new position in shares of Janus Henderson Group in the 2nd quarter worth approximately $237,000. Sylvest Advisors LLC lifted its holdings in shares of Janus Henderson Group by 3.1% in the 2nd quarter. Sylvest Advisors LLC now owns 12,099 shares of the company’s stock worth $470,000 after acquiring an additional 364 shares during the last quarter. Finally, Public Employees Retirement System of Ohio lifted its holdings in shares of Janus Henderson Group by 3.3% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 59,271 shares of the company’s stock worth $2,302,000 after acquiring an additional 1,915 shares during the last quarter. 87.94% of the stock is currently owned by institutional investors and hedge funds.

Janus Henderson Group Price Performance

Janus Henderson Group stock opened at $41.73 on Friday. The firm has a market cap of $6.51 billion, a PE ratio of 15.69, a price-to-earnings-growth ratio of 0.90 and a beta of 1.54. Janus Henderson Group plc has a 52-week low of $28.26 and a 52-week 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 company’s 50 day moving average is $44.16 and its two-hundred day moving average is $39.57.

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

Janus Henderson Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Shareholders of record on Monday, August 11th were given a $0.40 dividend. The ex-dividend date of this dividend was Monday, August 11th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.8%. Janus Henderson Group’s dividend payout ratio is currently 60.15%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of Janus Henderson Group in a report on Wednesday, October 8th. Wall Street Zen upgraded shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Saturday, October 11th. JPMorgan Chase & Co. upped their price objective on shares of Janus Henderson Group from $44.00 to $47.00 and gave the stock an “overweight” rating in a report on Wednesday, July 16th. Zacks Research upgraded shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a report on Monday, October 13th. Finally, Evercore ISI increased their target price on shares of Janus Henderson Group from $45.00 to $48.00 and gave the stock an “in-line” rating in a report on Friday, September 5th. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Janus Henderson Group currently has an average rating of “Moderate Buy” and an average target price of $47.00.

Insider Buying and Selling

In other Janus Henderson Group news, CFO Roger Mj Thompson sold 27,491 shares of the 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 sale, the chief financial officer directly owned 113,097 shares of the company’s stock, valued at approximately $5,118,770.22. This represents a 19.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Georgina Fogo sold 69,000 shares of the stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $43.07, for a total transaction of $2,971,830.00. Following the completion of the sale, the insider directly owned 58,057 shares in the company, valued at approximately $2,500,514.99. This represents a 54.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 19.60% 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.