Crossmark Global Holdings Inc. Boosts Stock Holdings in Janus Henderson Group plc $JHG

Crossmark Global Holdings Inc. raised its position in shares of Janus Henderson Group plc (NYSE:JHG) by 24.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 110,672 shares of the company’s stock after purchasing an additional 21,983 shares during the period. Crossmark Global Holdings Inc. owned 0.07% of Janus Henderson Group worth $4,926,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the company. Bessemer Group Inc. raised its stake in shares of Janus Henderson Group by 134.6% in the third quarter. Bessemer Group Inc. now owns 596 shares of the company’s stock valued at $26,000 after buying an additional 342 shares during the period. United Community Bank bought a new position in shares of Janus Henderson Group during the 3rd quarter worth $30,000. Quent Capital LLC purchased a new stake in Janus Henderson Group in the 3rd quarter worth about $36,000. Addison Advisors LLC increased its holdings in Janus Henderson Group by 42.3% in the 3rd quarter. Addison Advisors LLC now owns 818 shares of the company’s stock worth $36,000 after acquiring an additional 243 shares during the last quarter. Finally, Traub Capital Management LLC bought a new stake in Janus Henderson Group in the 2nd quarter valued at about $37,000. 87.94% of the stock is owned by hedge funds and other institutional investors.

Janus Henderson Group Stock Performance

NYSE JHG opened at $51.35 on Friday. Janus Henderson Group plc has a 1 year low of $28.26 and a 1 year high of $53.76. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.18 and a quick ratio of 2.50. The stock has a market capitalization of $7.91 billion, a PE ratio of 9.76, a P/E/G ratio of 1.47 and a beta of 1.53. The company’s 50 day simple moving average is $48.80 and its two-hundred day simple moving average is $45.79.

Janus Henderson Group (NYSE:JHG) last released its quarterly earnings results on Friday, January 30th. The company reported $2.01 EPS for the quarter, beating analysts’ consensus estimates of $1.19 by $0.82. The firm had revenue of $996.60 million during the quarter, compared to analyst estimates of $763.09 million. Janus Henderson Group had a net margin of 25.83% and a return on equity of 14.70%. The business’s revenue for the quarter was up 61.3% on a year-over-year basis. During the same period in the previous year, the business earned $1.07 EPS. Analysts predict that Janus Henderson Group plc will post 3.75 earnings per share for the current fiscal year.

Analyst Ratings Changes

JHG has been the topic of several recent research reports. Zacks Research raised shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 10th. Evercore lowered their price target on shares of Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating on the stock in a research report on Monday, December 22nd. Wall Street Zen upgraded shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a research note on Saturday, December 20th. Morgan Stanley raised their price objective on shares of Janus Henderson Group from $46.00 to $48.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 17th. Finally, Bank of America reiterated a “neutral” rating and issued a $49.00 price objective (down from $54.00) on shares of Janus Henderson Group in a research note on Monday, January 5th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, Janus Henderson Group has an average rating of “Moderate Buy” and a consensus target price of $47.38.

Insider Buying and Selling at Janus Henderson Group

In related news, CTO William B. Cassidy sold 16,947 shares of Janus Henderson Group stock in a transaction on Friday, February 27th. The stock was sold at an average price of $52.27, for a total transaction of $885,819.69. Following the completion of the sale, the chief technology officer owned 118,939 shares of the company’s stock, valued at approximately $6,216,941.53. This trade represents a 12.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Ali Dibadj sold 127,632 shares of the business’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $49.12, for a total value of $6,269,283.84. Following the transaction, the chief executive officer owned 449,078 shares of the company’s stock, valued at approximately $22,058,711.36. The trade was a 22.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 19.60% of the stock is currently owned by company insiders.

Janus Henderson Group Company Profile

Janus Henderson Group plc is a global asset manager offering a broad range of investment solutions across equities, fixed income, multi-asset and alternative strategies. The firm provides portfolio management services to institutional clients, financial intermediaries and individual investors. Its product lineup includes actively managed mutual funds, separate accounts and exchange-traded funds, designed to meet a variety of risk-return objectives and investment horizons.

The company was formed in May 2017 through the merger of Janus Capital Group and Henderson Group, combining decades of investment expertise in both the U.S.