Bank of Montreal Can Has $656,000 Stock Holdings in Janus Henderson Group plc $JHG

Bank of Montreal Can trimmed its holdings in shares of Janus Henderson Group plc (NYSE:JHG) by 11.0% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 16,889 shares of the company’s stock after selling 2,084 shares during the quarter. Bank of Montreal Can’s holdings in Janus Henderson Group were worth $656,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brooklyn Investment Group raised its holdings in shares of Janus Henderson Group by 182.2% during the first quarter. Brooklyn Investment Group now owns 920 shares of the company’s stock worth $33,000 after acquiring an additional 594 shares during the period. Fifth Third Bancorp raised its stake in shares of Janus Henderson Group by 40.2% in the 2nd quarter. Fifth Third Bancorp now owns 2,167 shares of the company’s stock valued at $84,000 after purchasing an additional 621 shares during the period. UMB Bank n.a. lifted its holdings in shares of Janus Henderson Group by 86.3% in the second quarter. UMB Bank n.a. now owns 2,183 shares of the company’s stock valued at $85,000 after purchasing an additional 1,011 shares in the last quarter. Wealthquest Corp acquired a new position in shares of Janus Henderson Group during the first quarter worth about $115,000. Finally, Amundi grew its holdings in shares of Janus Henderson Group by 13.8% during the first quarter. Amundi now owns 4,177 shares of the company’s stock worth $150,000 after buying an additional 506 shares in the last quarter. Institutional investors and hedge funds own 87.94% of the company’s stock.

Janus Henderson Group Price Performance

NYSE:JHG opened at $43.26 on Monday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.91 and a current ratio of 4.49. The firm has a market cap of $6.68 billion, a price-to-earnings ratio of 16.26, a P/E/G ratio of 0.96 and a beta of 1.59. Janus Henderson Group plc has a 52 week low of $28.26 and a 52 week high of $49.42. The firm’s 50-day simple moving average is $43.98 and its 200 day simple moving average is $41.37.

Janus Henderson Group (NYSE:JHG) last announced its earnings results on Thursday, October 30th. The company reported $1.09 EPS for the quarter, topping the consensus estimate of $1.01 by $0.08. The company had revenue of $700.40 million for the quarter, compared to analysts’ expectations of $695.57 million. Janus Henderson Group had a net margin of 16.06% and a return on equity of 12.01%. The business’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same period last year, the firm earned $0.91 earnings per share. As a group, sell-side analysts predict that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Janus Henderson Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 26th. Stockholders of record on Monday, November 10th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Monday, November 10th. Janus Henderson Group’s dividend payout ratio is 46.92%.

Insider Activity at Janus Henderson Group

In related news, CFO Roger Mj Thompson sold 27,491 shares of the business’s stock in a transaction dated Thursday, September 11th. The stock was 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 of the company’s stock, valued at $5,118,770.22. The trade was a 19.55% 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 link. Insiders own 19.60% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on JHG shares. Bank of America boosted their target price on Janus Henderson Group from $49.00 to $50.00 and gave the company a “buy” rating in a research note on Thursday, October 2nd. TD Cowen increased their target price on shares of Janus Henderson Group from $52.00 to $55.00 and gave the stock a “buy” rating in a report on Friday, October 31st. Evercore ISI reiterated a “positive” rating on shares of Janus Henderson Group in a research note on Friday, October 31st. Zacks Research upgraded Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a report on Monday, October 13th. Finally, BMO Capital Markets assumed coverage on Janus Henderson Group in a report on Friday, October 3rd. They set an “outperform” rating and a $52.00 target price on the stock. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $48.11.

About Janus Henderson Group

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.