Janus Henderson Group (NYSE:JHG) CEO Ali Dibadj Sells 127,632 Shares

Janus Henderson Group plc (NYSE:JHG) CEO Ali Dibadj sold 127,632 shares of the stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $49.12, for a total value of $6,269,283.84. Following the completion of the sale, the chief executive officer directly owned 449,078 shares of the company’s stock, valued at approximately $22,058,711.36. This represents a 22.13% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Janus Henderson Group Stock Performance

NYSE JHG opened at $49.58 on Wednesday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.15 and a current ratio of 4.02. The stock’s fifty day moving average is $47.62 and its two-hundred day moving average is $45.13. The firm has a market capitalization of $7.66 billion, a P/E ratio of 9.43, a price-to-earnings-growth ratio of 1.40 and a beta of 1.54. Janus Henderson Group plc has a fifty-two week low of $28.26 and a fifty-two week high of $49.68.

Janus Henderson Group (NYSE:JHG) last posted its quarterly earnings results on Friday, January 30th. The company reported $2.01 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 analyst estimates of $763.09 million. During the same quarter in the previous year, the firm earned $1.07 EPS. The company’s quarterly revenue was up 61.3% compared to the same quarter last year. On average, research analysts anticipate that Janus Henderson Group plc will post 3.75 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. TD Cowen downgraded shares of Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 price target for the company. in a report on Tuesday, December 23rd. Evercore lowered their price objective on Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating for the company in a research report on Monday, December 22nd. Zacks Research upgraded Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 10th. Wall Street Zen raised Janus Henderson Group from a “hold” rating to a “buy” rating in a research note on Saturday, December 20th. Finally, Bank of America reiterated a “neutral” rating and set 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, three have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, Janus Henderson Group currently has a consensus rating of “Moderate Buy” and an average target price of $47.67.

Hedge Funds Weigh In On Janus Henderson Group

Institutional investors have recently bought and sold shares of the company. Millennium Management LLC lifted its position in shares of Janus Henderson Group by 20.3% during the third quarter. Millennium Management LLC now owns 6,851,082 shares of the company’s stock worth $304,942,000 after purchasing an additional 1,154,481 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in Janus Henderson Group by 2.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,343,899 shares of the company’s stock worth $254,209,000 after buying an additional 139,229 shares during the period. AQR Capital Management LLC lifted its holdings in Janus Henderson Group by 29.7% during the 3rd quarter. AQR Capital Management LLC now owns 4,800,028 shares of the company’s stock worth $213,649,000 after buying an additional 1,099,858 shares in the last quarter. State Street Corp boosted its position in Janus Henderson Group by 0.6% in the 2nd quarter. State Street Corp now owns 4,578,071 shares of the company’s stock valued at $177,812,000 after buying an additional 28,114 shares during the period. Finally, Norges Bank purchased a new position in Janus Henderson Group in the 4th quarter valued at approximately $117,881,000. 87.94% of the stock is owned by institutional investors and hedge funds.

About Janus Henderson Group

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.