First Trust Advisors LP Sells 79,027 Shares of Janus Henderson Group plc $JHG

First Trust Advisors LP lessened its holdings in Janus Henderson Group plc (NYSE:JHG) by 8.4% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 857,452 shares of the company’s stock after selling 79,027 shares during the period. First Trust Advisors LP owned 0.56% of Janus Henderson Group worth $38,165,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Cibc World Market Inc. boosted its stake in shares of Janus Henderson Group by 2.9% in the third quarter. Cibc World Market Inc. now owns 8,429 shares of the company’s stock worth $375,000 after acquiring an additional 234 shares during the period. Addison Advisors LLC raised its stake in Janus Henderson Group by 42.3% during the 3rd quarter. Addison Advisors LLC now owns 818 shares of the company’s stock valued at $36,000 after purchasing an additional 243 shares during the period. PNC Financial Services Group Inc. raised its stake in Janus Henderson Group by 5.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 4,931 shares of the company’s stock valued at $192,000 after purchasing an additional 274 shares during the period. Integrated Advisors Network LLC lifted its holdings in Janus Henderson Group by 4.7% in the 3rd quarter. Integrated Advisors Network LLC now owns 6,918 shares of the company’s stock worth $308,000 after purchasing an additional 308 shares in the last quarter. Finally, Bessemer Group Inc. lifted its holdings in Janus Henderson Group by 134.6% in the 3rd quarter. Bessemer Group Inc. now owns 596 shares of the company’s stock worth $26,000 after purchasing an additional 342 shares in the last quarter. 87.94% of the stock is owned by institutional investors.

Janus Henderson Group Stock Performance

NYSE:JHG opened at $50.33 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.18 and a quick ratio of 2.50. Janus Henderson Group plc has a 1 year low of $28.26 and a 1 year high of $53.76. The stock’s 50 day simple moving average is $49.05 and its two-hundred day simple moving average is $46.01. The company has a market cap of $7.76 billion, a price-to-earnings ratio of 9.57, a PEG ratio of 1.44 and a beta of 1.53.

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

Insider Activity at Janus Henderson Group

In other Janus Henderson Group news, CTO William B. Cassidy sold 16,947 shares of Janus Henderson Group stock in a transaction on Friday, February 27th. The shares were sold at an average price of $52.27, for a total value of $885,819.69. Following the completion of the transaction, the chief technology officer directly owned 118,939 shares of the company’s stock, valued at $6,216,941.53. This trade represents a 12.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 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 transaction of $6,269,283.84. Following the completion of the sale, the chief executive officer owned 449,078 shares in the company, valued at approximately $22,058,711.36. This trade represents a 22.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 146,229 shares of company stock valued at $7,239,650 over the last 90 days. 19.60% of the stock is owned by corporate insiders.

Analyst Ratings Changes

JHG has been the subject of a number of research analyst reports. Wall Street Zen raised shares of Janus Henderson Group from a “hold” rating to a “buy” rating in a report on Saturday, December 20th. Evercore lowered their target price on shares of Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating on the stock in a report on Monday, December 22nd. Weiss Ratings restated a “buy (b)” rating on shares of Janus Henderson Group in a research report on Monday, December 29th. Zacks Research raised shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 10th. Finally, Bank of America reiterated a “neutral” rating and issued a $49.00 price target (down from $54.00) on shares of Janus Henderson Group in a report on Monday, January 5th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $47.38.

Janus Henderson Group 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.