Ariel Investments LLC Sells 111,676 Shares of Janus Henderson Group plc $JHG

Ariel Investments LLC reduced its position in Janus Henderson Group plc (NYSE:JHG) by 5.2% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,036,989 shares of the company’s stock after selling 111,676 shares during the period. Ariel Investments LLC owned 1.31% of Janus Henderson Group worth $79,117,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Qube Research & Technologies Ltd boosted its stake in Janus Henderson Group by 8.7% in the second quarter. Qube Research & Technologies Ltd now owns 1,856,228 shares of the company’s stock valued at $72,096,000 after acquiring an additional 148,132 shares in the last quarter. State Street Corp boosted its position in shares of Janus Henderson Group by 0.6% in the 2nd quarter. State Street Corp now owns 4,578,071 shares of the company’s stock worth $177,812,000 after purchasing an additional 28,114 shares in the last quarter. California Public Employees Retirement System grew its stake in Janus Henderson Group by 5.5% during the 2nd quarter. California Public Employees Retirement System now owns 248,946 shares of the company’s stock worth $9,669,000 after buying an additional 12,978 shares during the last quarter. Cerity Partners LLC increased its position in Janus Henderson Group by 69.4% during the 2nd quarter. Cerity Partners LLC now owns 70,718 shares of the company’s stock valued at $2,747,000 after buying an additional 28,970 shares in the last quarter. Finally, Federated Hermes Inc. raised its stake in Janus Henderson Group by 2.9% in the second quarter. Federated Hermes Inc. now owns 149,822 shares of the company’s stock valued at $5,819,000 after buying an additional 4,256 shares during the last quarter. Hedge funds and other institutional investors own 87.94% of the company’s stock.

Insider Buying and Selling at Janus Henderson Group

In other news, CFO Roger Mj Thompson sold 27,491 shares of the stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $45.26, for a total transaction of $1,244,242.66. Following the transaction, the chief financial officer owned 113,097 shares in the company, valued at $5,118,770.22. This trade represents a 19.55% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 20.40% of the stock is currently owned by insiders.

Analyst Ratings Changes

JHG has been the subject of several research analyst reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Janus Henderson Group in a research report on Monday. Evercore ISI reaffirmed a “positive” rating on shares of Janus Henderson Group in a report on Friday, October 31st. Zacks Research raised shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a report on Monday, October 13th. Bank of America raised their target price on Janus Henderson Group from $49.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday, October 2nd. Finally, BMO Capital Markets assumed coverage on Janus Henderson Group in a research note on Friday, October 3rd. They set an “outperform” rating and a $52.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $48.11.

Janus Henderson Group Trading Up 0.2%

Shares of NYSE:JHG opened at $44.71 on Wednesday. The company has a market capitalization of $6.91 billion, a PE ratio of 13.11, a PEG ratio of 0.83 and a beta of 1.57. Janus Henderson Group plc has a 12-month low of $28.26 and a 12-month high of $49.42. The business has a 50 day moving average of $43.53 and a two-hundred day moving average of $42.15. The company has a current ratio of 4.02, a quick ratio of 2.15 and a debt-to-equity ratio of 0.08.

Janus Henderson Group (NYSE:JHG) last announced its quarterly earnings results on Thursday, October 30th. The company reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08. The firm had revenue of $700.40 million for the quarter, compared to the consensus estimate of $695.57 million. Janus Henderson Group had a net margin of 19.82% and a return on equity of 12.35%. The firm’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.91 earnings per share. As a group, analysts forecast that Janus Henderson Group plc will post 3.75 EPS for the current year.

Janus Henderson Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Monday, November 10th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend was Monday, November 10th. Janus Henderson Group’s dividend payout ratio (DPR) is presently 46.92%.

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.