Dimensional Fund Advisors LP Has $298.62 Million Holdings in Janus Henderson Group plc $JHG

Dimensional Fund Advisors LP lessened its holdings in Janus Henderson Group plc (NYSE:JHG) by 6.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,708,910 shares of the company’s stock after selling 429,099 shares during the period. Dimensional Fund Advisors LP owned 4.34% of Janus Henderson Group worth $298,616,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Royal Bank of Canada boosted its holdings in shares of Janus Henderson Group by 38.3% during the first quarter. Royal Bank of Canada now owns 115,135 shares of the company’s stock worth $4,163,000 after acquiring an additional 31,889 shares during the period. Amundi grew its position in shares of Janus Henderson Group by 13.8% in the first quarter. Amundi now owns 4,177 shares of the company’s stock valued at $150,000 after purchasing an additional 506 shares during the last quarter. Jones Financial Companies Lllp increased its stake in shares of Janus Henderson Group by 1,538.8% during the first quarter. Jones Financial Companies Lllp now owns 8,833 shares of the company’s stock worth $319,000 after purchasing an additional 8,294 shares during the period. Goldman Sachs Group Inc. lifted its holdings in Janus Henderson Group by 16.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,299,921 shares of the company’s stock worth $46,992,000 after purchasing an additional 186,218 shares during the last quarter. Finally, Jane Street Group LLC lifted its holdings in Janus Henderson Group by 1,924.0% during the 1st quarter. Jane Street Group LLC now owns 279,352 shares of the company’s stock worth $10,099,000 after purchasing an additional 265,550 shares during the last quarter. Institutional investors own 87.94% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on JHG shares. Bank of America reaffirmed a “neutral” rating and issued a $49.00 price objective (down from $54.00) on shares of Janus Henderson Group in a report on Monday, January 5th. Evercore dropped their target price on Janus Henderson Group from $50.00 to $49.00 and set an “in-line” rating for the company in a report on Monday, December 22nd. Zacks Research raised shares of Janus Henderson Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 10th. Morgan Stanley upped their price target on shares of Janus Henderson Group from $46.00 to $48.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 17th. Finally, TD Cowen lowered shares of Janus Henderson Group from a “buy” rating to a “hold” rating and set a $49.00 price target on the stock. in a research report on Tuesday, December 23rd. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $47.38.

Insider Buying and Selling

In related news, CEO Ali Dibadj sold 127,632 shares of Janus Henderson Group 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 transaction, the chief executive officer directly owned 449,078 shares of the company’s stock, valued at $22,058,711.36. This trade represents a 22.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CTO William B. Cassidy sold 16,947 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $52.27, for a total transaction of $885,819.69. Following the transaction, the chief technology officer owned 118,939 shares of the company’s stock, valued at approximately $6,216,941.53. This represents a 12.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 19.60% of the company’s stock.

Janus Henderson Group Stock Down 0.3%

JHG stock opened at $51.35 on Friday. Janus Henderson Group plc has a 52 week low of $28.26 and a 52 week high of $53.76. The business has a 50-day simple moving average of $48.80 and a 200 day simple moving average of $45.79. The company has a quick ratio of 2.50, a current ratio of 4.18 and a debt-to-equity ratio of 0.07. The company has a market cap of $7.91 billion, a PE ratio of 9.76, a price-to-earnings-growth ratio of 1.47 and a beta of 1.53.

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

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.